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financial economist

Title posted on CareerBeacon - Senior FCRM Testing Analyst (IT Audit) -

Posted on May 28, 2025 by Employer details TD Bank

Job details

Work Location:Toronto, Ontario, CanadaHours:37.5Line of Business:Financial Crime Risk ManagementPay Details:$76,800 - $115,200 CADTD 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) Enterprise Testing Team (formerly Global Anti-Money Laundering) 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") within TD's business lines, relevant operational and control units (including the Financial Intelligence Unit (FIU)), and key FCRM technologies, Enterprise-wide (Canada, Europe, and Asia-Pacific).The Senior FCRM Testing Analyst executes independent testing of FCRM controls for assigned technologies (Applications/tools, etc.) across the Enterprise which entails FCRM risks. This includes, but not limited to, key FCRM technologies responsible for transaction monitoring, name screening, client risk rating, and reporting.The position will assume leadership of part of the engagement and have responsibility for completion of end-to-end testing phases. The position will require to develop testing scope, identify key controls, create test plans, identify and test attributes, and assess if the controls are sufficient to address key AML risks. In addition to this, this position will be required to manage the end-to-end engagement and monitor progress of the engagement. As the overall engagement lead, the position will also oversee and may review work of supporting analysts.Key accountabilities include the following:Oversee and/or independently perform testing of AML/ATF controls for the technologies which are used by the Global AML FIU, High Risk Investigations, Sanctions Operations, and ABAC teams.Lead the communication and the reporting process with the multiple stakeholders, including senior management.Lead a team of Supporting Analysts throughout all phases of a testing engagement, including planning, fieldwork, and reporting.Work independently as a subject matter expert of the functional area and applicable regulatory requirements (i.e., PCMLTFA), and may coach and educate others.Act as a specialized resource to provide subject matter expertise for planning, risk assessment and execution of testing and monitoring activities and related AML technology processes with a high degree of complexity.Research and evaluate methodologies for analyzing risk exposures for assigned engagements.Recommend enhancements to policy/guidelines resulting from observations made during testing activities.Interact frequently with management and senior leadership of FCRM lines of businesses and technology stakeholders.Maintain a culture of risk management and control, supporting by effective processes in alignment with risk appetite.Prepare and present complex reporting, analysis and assessments that will bring about significant improvements to internal processes and activities.Undertake and complete a variety of projects and initiatives; may include the integration of cross functional processes within own area of expertise.Keep current on emerging trends and evolving regulatory requirements to find opportunities and recommend improvement areas to senior management to increase the efficiency and effectiveness of the team.Reports to