FCRM Testing Analyst II

Work Location:

Mount Laurel, New Jersey, United States of America

Hours:

40

Pay Details:

$28.25 - $45.00 USD

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.

Line of Business:

Financial Crime Risk Management

Job Description:

Financial Crime Risk Management Testing team (FCRM) is responsible for maintaining a dynamic, risk-based, independent testing process to periodically review the design and operating effectiveness of key business and function processes and controls to identify potential risks, assess weaknesses and gaps with TD's policies, procedures, and expectations or non-compliance with key laws and regulatory requirements. Testing teams implement consistent and standardized testing methodology to evaluate the effectiveness of processes and controls in place and identify issues of varying severity levels. The Testing Team staff are objective and independent of FCRM Program execution activities and are responsible for developing and executing an Annual Test Plan that is comprised of mandatory and risk-based testing of financial crime risks owned by the first and second lines of defense. The Financial Crime Risk Management Testing team is responsible for testing all Bank programs that aim to facilitate compliance with anti-money laundering, anti-terrorist financing, Anti-Bribery and corruption, and sanctions laws and regulations. Key areas of coverage within these programs include, but are not limited to the following activities and controls: - Policy & Governance / Training - Risk Assessment Framework - Know Your Customer (KYC) / Customer Identification Program (CIP) - Screening (e.g., Sanctions, PEP, CRB, etc.) - Transaction Monitoring - Alert Review & Investigations - Reporting - Data & Technology - Program Management.  Testing team is responsible for the identification of issues and the risk owner is responsible for the remediation of issues identified in-line with Bank standards. The Testing team advises on the appropriateness of remedial actions taken and reviews for appropriate closure of the issue after remediation and validation activities. The business or function is also responsible for managing their risks and actions in the system and tracking the closure of the remedial actions in collaboration with FCRM

The FCRM Testing Analyst II assists in the independent testing of FCRM controls / systems for assigned businesses and operations units across the Bank which address AML/ATF, Sanctions, and ABAC risks. This role follows guidance to complete tasks throughout the testing lifecycle.

Depth & Scope:

• Supports the execution of testing review in accordance with established standards to achieve completion within targeted timelines
• Completes documentation for the various activities within a review
• Requires working professional level knowledge of the functional area and/or business areas supported and applicable regulatory requirements
• Knowledge of testing for design and operating effectiveness of processes and controls for financial crimes risks
• Independently perform specific tasks from end-to-end, assigned by the review owner or team lead

Education & Experience:

• Undergraduate degree or equivalent work experience 
• 3+ years experience

Preferred Skills: 

• Good communication and written skills
• Knowledge of Anti-Money Laundering (AML) and related regulations
• Understanding of testing methodology
• Knowledge of controls, how they work and how they mitigate risk

Customer Accountabilities:

• Supports execution of testing engagement work in accordance with established standards to achieve completion within targeted timelines
• Conducts skilled analytical research and analysis as part of the testing review
• Works collaboratively with FCRM Testing team throughout the te