FCRM Testing Specialist

Work Location:

Jacksonville, Florida, United States of America

Work Location:

Jacksonville, Florida, United States of America

Hours

40

Pay Details

$91,000 - $145,600 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  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

The U.S. FCRM Monitoring & Testing Team is responsible for maintaining a dynamic, risk-based, 2

LoD testing process designed to periodically review the design and operating effectiveness of key processes and controls and assess compliance with relevant key laws, rules, and regulations. The Testing Team staff are objective and separate from FCRM Program execution activities and responsible for an Annual Test Plan comprised of mandatory and risk-based testing of financial crime risks owned by the first and second lines of defense.

The FCRM Testing Specialist is responsible for independently leading all phases of the assigned testing review from end-to-end (scoping, fieldwork, reporting, and supervisory checklist) in line with the procedure with the support from the Team Lead and Team Members, including review of final test papers.

The role provides subject matter expertise on FCRM controls / processes. This role executes testing activities independently and assumes leadership of a review with support from a Testing Lead.

Depth & Scope

• Works independently as review owners in executing reviews from end-to-end and provides direction to others
• Considered to be subject matter experts in FCRM testing standards and objectives and provide guidance to various team members and stakeholders
• Develops and is accountable for testing documentation and results reporting in-line with requirements
• Utilizes advanced understanding of the Banks financial crimes obligations and requirements to effectively execute their work
• Utilizes advanced understanding of the use of controls for managing financial crimes risk to independently evaluate complex controls and serve as SME on developing recommendations for enhancements
• Considered subject matter expert in FCRM technologies (e.g., Transaction Monitoring system, Sanctions screening system)
• Advanced knowledge of testing process and industry best practices
• Undertakes and completes a variety of complex projects and initiatives requiring specialist knowledge and/or the integration of cross functional processes
• Executes on more complex and/or non-standard requests
• Independently performs concurrent multiple FCRM reviews and related tasks from end-to-end
• Reports to the Team Lead all issues, escalations, or testing review concerns
• May act as highest point of Review Team escalation for resolution and provides direction to resolve issues or escalate

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

• 3 years experience within a testing role within a AML capacity
• 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 and manages testing activities in accordance with established standards and strategic direction to achieve completion within targeted timelines
• Conducts skilled analytical research and analysis as part of the testing engagement and initiatives
• Presents objective and independent opinion on the adequacy of processes and controls in accordance with regulatory and internal requirements
• Executes follow-up on findings raised from testing reviews in accordance with established standards
• Understands risk identification, risk analysis, and risk mitigation according to regulatory requirements and best business practices to assist in evaluation of FCRM controls and processes
• Develops strong relationships and work collaboratively with key stakeholders
• Owns the review of the testing engagement, including all steps of the end-to-end testing process, which encompasses the communication and reporting of results
• Proactively identifies matters which require additional attention, further escalation, or review, and liaise with the appropriate staff to resolve

• Prioritizes and manages own workload to deliver quality…