Senior Financial Crime Risk Analyst (5522)

Work Location

Markham, Ontario, Canada

Hours

37.5

Line of Business

Financial Crime Risk Management

Pay Details

$81,600 - $115,200 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

The Senior Quality Assurance Analyst, is responsible for independently performing complex financial crime risk reviews, quality assurance activities, effective challenge, second-level review, trend analysis, and stakeholder support across TD Financial Crime Investigation AML/ATF processes.

The role applies advanced AML/ATF, sanctions evasion, regulatory reporting, investigation quality to assess the quality and effectiveness of investigation outcomes, escalation decisions, control execution, documentation quality, remediation activity, and regulatory risk management.

The Senior Analyst acts as a subject matter resource for complex TD Financial Crime Investigations workstreams and is responsible for supporting core QA operational activities, including monthly QA sampling, QA scorecard adjustment request review, second-level review activities, delivery of initial and final QA results, monthly QA summary reporting, quality trend analysis, QA breach identification, remediation tracking, and escalation of quality concerns in line with the QA procedure and escalation protocol.

The role supports governance and reporting activities, contributes to remediation and process improvement, assists in QA training and monitoring activities, and provides guidance to analysts and stakeholders to promote consistent, defensible, and risk-based outcomes. The Senior Analyst also supports the Manager and Senior Manager in preparing responses to requests for information from testing teams, Audit, regulators, or other oversight partners.

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KEY ACCOUNTABILITIES

CUSTOMER

• Execute testing Quality Assurance work in accordance with established standards to achieve completion within target timelines

• Conduct skilled analytical research and analysis as part of the Quality Assurance engagement and initiatives

• Work collaboratively with key partners throughout the Quality Assurance engagement

• Present objective and independent advice & recommendations to control partners on the adequacy of RCM processes and controls in accordance with regulatory and internal requirements

• Execute follow-up of findings raised from testing engagements in accordance with established standards

• Provide subject matter expertise and/or input to projects/initiatives as a representative for area of specialization

• Proactively identify matters which require additional attention, further escalation, or review, and liaise with the appropriate groups to resolve

• As assigned, oversee/lead the Quality Assurance engagement, including communications and the reporting processes.

• Represent the business internally as a specialist of a given area in AML/ATF, Sanctions/ABAC matters

• Provide sound AML/ATF, Sanctions/ABAC advice, recommendations, and guidance to assigned business units

• Conduct skilled analytical research, analysis, and/or risk assessment activities as a part of the compliance testing initiatives of the function

• Support and understand risk identification, risk analysis and risk mitigation according to the regulatory requirements and best business practices

• Ensure AML, Sanctions/ABAC questions and complaints involving violations are resolved by responding and/or escalating any sensitive issues to senior management

• Apply expertise in the investigation of non-compliant AML Sanctions/ABAC matters/issues

• Provide trend analysis and reporting of AML Sanctions/ABAC findings, review results and issues

• Manage relationships with businesses as well as with regulatory bodies to provide timely reporting and analysis on AML/ATF Sanctions/ABAC matters and concerns

• Assist the business units with developing/drafting and maintaining written policies, procedures and/or programs/frameworks to minimize compliance breaches and monitor adherence to applicable regulations/ requirement

• Prepare and analyze statistical and ad hoc reports, conduct trade/transaction investigations, and approve promotional material where required to ensure AML/ATF Sanctions/ABAC issues are identified and addressed within own area

• Assist in managing an effective, on-going AML Sanctions/ABAC surveillance program designed to detect and mitigate regulatory violations and breaches of internal policies and procedures

• Complete filings and/or reporting to regulators and/or law enforcement agencies as required

• Support the Manager and Senior Manager in preparing responses to requests for information from testing teams, Audit, regulators, or other oversight partners.

SHAREHOLDER

• Prioritize and manage own workload to deliver quality results and meet assigned timelines

• Contribute to the analysis, due diligence, and implementation of initiatives within defined area of responsibility

• Adhere to internal policies, standards and procedures, methodologies, and applicable regulatory requirements to contribute to the review of internal processes and activities and assist in identifying potential opportunities to improve controls

• Understand the operations of the business unit/area being tested and to identify potential risks and apply information to complete a quality, risk-based engagement

• Clearly and concisely document research as required to understand requirements specific to an engagement

• Working with control partners, keep abreast of emerging trends/developments and changes to regulatory framework, internal policies, and standards

• Actively manage relationships within and across various business lines, corporate and/or control functions, and ensure alignment with enterprise and/or regulatory requirements

• Provide analysis on issues and effectively communicate results to Testing management and the client

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

EMPLOYEE / TEAM

• Participate fully as a member of the team, support a positive work environment that promotes service to the business, quality, innovation and teamwork and promote timely communication of issues/ points of interest

• Provide thought leadership and/ or industry knowledge for own area of expertise in own area and participate in knowledge transfer within the team and business unit

• Keep current on emerging trends/ developments and grow knowledge of the business, related tools and techniques

• Participate in personal performance management and development activities, including cross training within own team

• Keep others informed and up-to-date about the status / progress of projects and / or all relevant or useful information related to day-to-day activities

• Contribute to team development of skills and capabilities through mentorship of others, by sharing knowledge and experiences and leveraging best practices.

• Lead, motivate and develop relationships with internal and external business partners / stakeholders to develop productive working relationships

• Contribute to a fair, positive and equitable environment that supports a diverse workforce

• Act as a brand ambassador for your business area/function and the bank, both internally and/or externally

BREA