Senior FCRM Testing Analyst

Description

The Senior FCRM Testing Analyst executes independent testing of FCRM controls / systems for assigned businesses, and operational units across the Bank to evaluate the effectiveness of these controls in covering associated risk.

This role is capable of independently executing and having responsibility for various activities (e.g., test plan development, executing test steps) throughout the testing lifecycle within agreed timelines.

• Works Independently as a subject matter expert regarding assigned testing areas and objectives, including related regulatory requirements
• Develops testing documentation and results reporting in-line with testing requirements
• Undertones and completes various projects and initiatives as part of the testing function
• Understands the use of controls for managing financial crimes risk and applies this understanding to independently evaluate controls effectiveness and develop recommendations for enhancement

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

• A deep knowledge of Anti-Money Laundering (AML) processes
• Detailed Testing of Risk and Controls related to Bank Secrecy Act (BSA), AML, Sanctions and Anti-Bribery & Anti-Corruption
• Strong communication and written skills and the ability to work with and influence Senior Stakeholders
• Ability to multi-task and work on more than one review at a time

• Executes testing engagement work in accordance with established standards to achieve completion within targeted timelines
• Conducts skilled analytical research and analysis as part of the assigned testing objectives
• Works collaboratively with key partners throughout the testing engagement
• Presents objective and independent opinion on the adequacy of processes and controls in accordance with regulatory and internal requirements
• Executes follow-up of findings raised from testing reviews in accordance with established standards
• Provides subject matter expertise on FCRM controls and processes and / or input to projects / initiatives as a representative for area of the FCRM testing function
• Proactively identifies matters which require additional attention, further escalation, or review, and liaises with the appropriate groups to resolve

• Prioritizes and manages own workload to deliver quality results and meet assigned timelines
• Contributes to the analysis, due diligence, and implementation of initiatives within defined assignments
• Adheres to internal policies, standards and procedures, methodologies, and applicable regulatory requirements
• Understands the operations of the business unit / area being tested and to identify potential FCRM risks and apply information to complete
• Clearly and concisely documents research as required to understand requirements specific to an engagement
• Keeps abreast of emerging trends / developments and changes to regulatory framework, internal policies, and standards
• Knowledge of current and emerging trends, risk and typologies of money laundering, terrorist financing and sanctions
• Actively manages relationships within and across various business lines, corporate and / or control functions, and ensures alignment with enterprise and / or regulatory requirements
• Effectively communicates results to FCRM Testing management and the stakeholders
• Maintains a culture of risk management and control, supported through FCRM testing

• Participates fully as a member of the team, supports a positive work environment that promotes service to the business, quality, innovation and teamwork and ensures timely communication of issues / points of interest
• Provides thought leadership and / or industry knowledge for own area of expertise and participates in knowledge sharing with the team and / or business unit
• Keeps current on emerging trends / developments and grows knowledge of the business, related tools and techniques
• Participates in personal performance management and development activities, including potential cross training within own team
• Keeps team members informed and up to date about the status / progress of projects and / or…