Manager, FCRM Testing - PCT Validations (2678)

Work Location:
Toronto, Ontario, Canada

Hours:
37.5

Line of Business:
Financial Crime Risk Management

Pay Details:
$91,200 - $136,800 CAD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Job Description:

The Financial Crime Risk Management (FCRM) Testing Team sits within the second line of defense and conducts design and operating effectiveness testing of AML/ATF, Sanctions, and ABAC controls (collectively referred to as "FCRM Controls") Enterprise-wide.

The Pre-Completion Testing (PCT) Team within FCRM Testing is responsible for the review of Regulatory Issues to verify and validate that the appropriate remedial actions have been taken to address the issues raised. The pre-completion testing is done at the design and operating effectiveness level prior to final submission to Internal Audit.

The Manager, FCRM Testing - PCT Validations will be responsible for leading and developing a team who will conduct PCT validation testing of regulatory issue remediation activities. The position will be responsible for oversight of all phases of the assigned testing engagement, including reporting of findings to relevant stakeholders. The position will also provide guidance, leadership, coaching, and development to achieve desired operational results and professional/personal development objectives for their team. If needed, may also be part of the team and required to execute on more complex testing. In order to be successful in this role, an individual should possess subject matter expertise on Financial Crimes Risk and complex issue management skills.

Depth & Scope:

• Leads and manages a team of specialists in the execution of concurrent testing engagements end-to-end and accountable for the testing results and timeliness of test execution
• Oversees the development of and is accountable for testing documentation and results reporting in-line with requirements
• Provides people management leadership by hiring the best talent, setting goals, developing staff, managing employee performance and compensation decisions, promoting teamwork and handling any/all disciplinary actions, as required
• Typically a subject matter expert for a functional area, on financial crimes topics, and on the execution of testing activities
• Key contact for business management and dealing with non-routine information
• Focus is on short to mid-term planning (6 -12 months)
• Deep knowledge and understanding of businesses and organizational practices/ disciplines
• Set operational team direction and collaborate with others to execute on common goals
• Oversee management of team requiring workforce to decision on acceptable level of risk- Moderate to High risk potential (loss/reputational) for functional area
• Generally reports to a Senior Manager role

Job Requirements:

• University degree or equivalent work experience
• Relevant professional designations and/or certifications preferred (ex. CAMS)
• 6+ years of relevant experience working in a challenge function (e.g., Internal Audit, ORM, Risk Oversight) within the financial services industry
• In depth knowledge of AML/ATF regulations (PCMLTFA and associated Regulations), financial crime typologies, and control frameworks
• Strong interpersonal skills to facilitate working with business unit, FCRM advisory, senior management, and business partners at all levels.
• Prior management or supervisory experience

Customer Accountabilities:

• Responsible for overseeing FCRM Testing members in the execution of testing engagements and validation of action plans in accordance with established standards
• Conduct analytical research and analysis as part of testing engagement and initiatives
• Stemming from testing findings, present objective and independent opinion on the adequacy of Regulatory & Compliance Management (RCM) processes and controls in accordance with regulatory and internal requirements
• Execute follow-up on findings raised from testing engagements in accordance with established standards
• Understand risk identification, risk analysis, and risk mitigation according to regulatory requirements and best business practices to assist in evaluation of FCRM controls and processes
• Develop strong relationships and work collaboratively with key stakeholders
• Own the review of the testing engagement, including all steps of the end-to-end testing process, which encompasses the communication and reporting of results.
• During the execution of testing activities, proactively identify matters which require additional attention, further escalation, or review, and liaise with the appropriate staff to resolve

Shareholder Accountabilities:

• Contribute to the development of the operational plan and operationalize the plan and deliver on assigned service or functionality
• Effectively lead a team of FCRM practitioners to deliver quality results and meet assigned timelines
• Monitor and communicate the effectiveness of strategies, programs, and practices related to own area of expertise
• Align the team to internal policies/procedures, enterprise frameworks and methodologies and applicable regulatory guidelines
• Protect the interests of the organization - identify and manage risks, and escalate non-standard, high risk transactions/activities as necessary
• Contribute to the review of internal processes and activities and provide subject matter expertise to assist in identifying potential opportunities to improve operational efficiencies for area of responsibility
• Actively manage relationships and work closely with management to provide guidance, expertise direction on FCRM requirements to drive consistent compliant outcomes
• Keep abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impacts to the Bank
• Maintain a culture of risk management and control, supported by effective processes in alignment with risk appetite

Employee / Team Accountabilities:

• Cultivate and model the Colleague Promise to support colleague growth, and a culture of care; make an impact at work and in our communities by leading with authenticity and supporting well being to represent TD's brand
• Connect the alignment of colleague's contributions with the TD Shared Commitments
• Build and retain an engaged and diverse team where every colleague and customer are valued, respected, and listened to; committed to a common goal and collaborate to move with speed and get things done
• Demonstrate inclusive leadership by taking meaningful action with intention to support colleagues and customers across all dimensions of diversity, including those from underrepresented communities, being actively anti-racist, attracting and retaining diverse slate of candidates, nurturing mutual respect, inclusivity of thought and collaboration to drive successful results
• Recruit, identify strong talent and develop a diverse talent pipeline of qualified workforce to innovate and maximize individual strengths to lead to a better business outcome
• Enable colleague growth by encouraging colleague development to achieve career and business objectives; ensuring timely motivating appreciation and recognition to all colleagues
• Enable a continuous learning culture by proactively seeking, listening to and actioning feedback from peers and from colleague listening opportunities to continuously improve the colleague experience and grow your personal leadership
• Model sharing of knowledge, information, skills, and subject matter expertise among the team; ensure timely management and escalation of issues, and lead collaboration with other functions and teams
• Lead your team through change and create an environment where teams feel psychologically safe to challenge current practices by modeling resiliency and flexibility, providing direction on changing priorities and empowering colleagues to drive innovation
• Enable a high-performance culture by setting team targets and objectives, facilitating on-going and proactive feedback/coaching and conducting Quarterly Check-Ins for all colleagues to drive accountability and business results
• Manage employees in compliance with all human resources policies, procedures and guidelines of conduct

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Who We Are:

TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we deliver legendary customer experiences to over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues.

TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you've got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we're here to support you towards your goals. As an organization, we keep growing - and so will you.

Our Total Rewards Package
Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical, and mental well-being goals. Total Rewards at TD includes a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. Learn more

Additional Information:
We're delighted that you're considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we're committed to providing the support our colleagues need to thrive both at work and at home.

Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.

Colleague Development
If you're interested in a specific career path or are looking to build certain skills, we want to help you succeed. You'll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD - and we're committed to helping you identify opportunities that support your goals.

Training & Onboarding
We will provide training and onboarding sessions to ensure that you've got everything you need to succeed in your new role.

Interview Process
We'll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

Accommodation
Your accessibility is important to us. Please let us know if you'd like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.

We look forward to hearing from you!

Language Requirement (Quebec only):
Sans Objet