Senior Manager, FCRM Testing (4607)

Work Location:

Toronto, Ontario, Canada Hours:

37.5 Line of Business:

Financial Crime Risk Management Pay Details:

$115,600 - $163,200 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:

CUSTOMER

Manage/lead teams of FCRM testing members in the execution of FCRM Testing reviews and validation of action plans in accordance with established standards

Oversee skilled analytical research and analysis as part of the testing engagement and initiatives.

Develop, implement, track, and report on FCRM testing schedules and escalate any issues with adherence to timeline of reviews

Provide overall strategic direction to support the FCRM Testing Program, including associated processes and procedures to stay current with established standards and regulatory expectations

Act as a subject matter expert and strategic advisor by providing guidance on FCRM issues to management and business units

Report on emerging trends based on findings and insights from the testing program, identifying risks and opportunities, and recommending action to Senior Management

Understand risk identification, risk analysis, and risk mitigation according to the regulatory requirements and best business practices to assist in the execution of Testing program activities

Responsible for overseeing, leading, and developing testing team members and review owners conducting independent FCRM testing. Responsible for ensuring appropriate design and execution of the review or test in compliance with FCRM procedures and/or any applicable Bank standards/procedures

Support relationships with key stakeholders to effectively manage and clarify scope of review while influencing and aligning others as needed

Provide functional/business level communications to stakeholders and/or leaders that are consistent, appropriate, and aligned with strategic direction

Provide guidance, leadership, coaching, and development to achieve desired operational results and professional/personal development objectives for the overall team

Provide assistance/expertise to other teams (e.g., business oversight, governance, audit), as appropriate

SHAREHOLDER

Work closely with key business leaders to develop business plan, ensuring the optimal use of resources and leverage TD's operating model to maximize efficiency and effectiveness

Plan and execute on strategic activities, review and communicate results, and adjust tactics testing plan accordingly

Subject matter expert on the Bank's business units and on regulatory requirements/FCRM issues within the FCRM area

Provide subject matter expertise, complex analysis and advice to business partners/team and apply knowledge in following up on outcomes, investigating and/or enforcing policy

Identify and implement opportunities for continuous improvement in the FCRM Testing Program

Lead relationships with business lines/corporate and/or control functions to promote alignment with enterprise and/or regulatory requirements

Support team and management in staying knowledgeable on emerging issues, trends, and evolving regulatory requirements and assess potential impacts to the Bank

Assess/identify key issues and escalate to management where required

Support the facilitation of action/remediation plans as a result of an internal audit and/or regulator review of FCRM Testing Program

Actively monitor emerging issues, trends, and evolving regulatory requirements and assess potential impacts to the Bank and share with team members

Maintain a culture of risk management and control, supported by effective processes in alignment with risk appetite

Develop and provide reporting, analysis, and assessments at the functional or enterprise level

Protect the interests of the organization - identify and manage risks, and escalate non-standard, high-risk transactions/activities as necessary

Create and support presentations/communications to management or broader audience

Participate in cross-functional/enterprise initiatives as a subject matter expert helping to identify risk/provide guidance for complex situations

EMPLOYEE / TEAM

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 that embraces diversity of thought, creativity and curiosity; 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

identify strong talent, recruit, develop and retain 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 feedback, 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

Foster an environment that promotes sharing of knowledge, information, skills, and subject matter expertise among the team; ensure timely management and escalation of issues and create opportunities to collaborate 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, communicating a compelling vision with clarity and empowering colleagues to drive innovation

Contributes to the development of business segment and/or enterprise functional strategic priorities within their operational area or field of specialty that drive results

Develops annual and/or long-term plans for own area that are aligned with enterprise-wide priorities, reinforcing a focus on results that align to One TD

Foster a high-performance culture by setting team targets and objectives, promoting and facilitating on-going 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

BREADTH & DEPTH:

Oversees concurrent testing reviews across TDBG business segment areas, and accountable for the timely and quality execution of these reviewsand typically work closely with Senior/Executive Management

Accountable for the effective identification of issues stemming from testing activities and the communication of the results and issues to business areas

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

Strategic advisor with deep industry, external / internal, enterprise knowledge, recognizing and anticipating emerging trends across the organization

Provide guidance and clarity around priorities and goals for FCRM program and works with managers to ensure the goals cascade to all workers

Guide talent identification and development processes

Key contact for dealing with a range of complex issues, including non-routine information

Focuses on longer-range planning for FCRM areas (e.g., 12 months or greater)

Manage and prioritize multiple projects at a given time

Identify and lead problem resolution for risks identified within testing reviews and share for relevancy to other business areas

Set operational team direction and collaborate with others to execute on common goals

Reports to the Head of FCRM Monitoring & Testing

EXPERIENCE AND / OR EDUCATION

Undergraduate degree or equivalent work experience

10+ years of experience in audit, AML, and/or project management

Prior management or supervisory experience

In depth knowledge of AML/ATF regulations, financial crime typologies, and control frameworks.

Deep AML domain expertise with 8-12+ years of experience across Transaction Monitoring, Client Risk Rating, Sanctions/Name Screening, and Regulatory Reporting, including strong understanding of global regulatory expectations (e.g., FINTRAC, OSFI, OCC, ...