Governance & Control Lead – AML​/Regulatory Compliance, Business Banking

Governance & Control Lead – AML/Regulatory Compliance, Business Banking

Join to apply for the Governance & Control Lead – AML/Regulatory Compliance, Business Banking role at TD Securities.

Work Location: Toronto, Ontario, Canada

Hours: 37.5

Line Of Business: Governance & Control

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  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:

Department Overview

The Business Banking Governance & Control (BBG&C) team acts as the 1st Line of Defense (1B) in TD's "Three Lines of Defense" model to risk management. We work with Control Partners to ensure appropriate control frameworks are implemented within Business Banking (BB) that are designed to effectively and proactively mitigate operational and regulatory risk. We are also responsible for completing quality control testing activities to ensure appropriate compliance to regulations and business processes.

Job Description

Reporting to the Manager, Business Banking G&C, the Manager I, Governance & Control will provide support for AML /Regulatory Compliance Management as an SME and manage/conduct ongoing quality testing for key controls.

In Addition, The Manager I, Governance & Control Will:

• Manage and assist on a set of business governance and control programs requiring coordination across multiple areas and business stakeholders in support of the overall business strategy and execute governance and control activities in accordance with established standards.
• Lead the periodic refresh of AML/RCM controls.
• Manage the intake & assessment of risk incidents / potential issues from AML/regulatory impact standpoint. Incident tracking and managing the Issues lifecycle by coordinating with various stakeholders to ensure timely escalation/reporting, remediation, and closure of these issues.
• Provide subject matter expertise on Business Banking Regulatory Compliance/AML.
• Execute governance and control testing activities in accordance with established standards and testing programs.
• Provide specialized business governance and control related advice/support to management / leadership and respective teams for area(s) of specialization.
• Interprets guidelines, standards, policies, and results of analysis to inform decision making at senior levels.
• Review processes and controls and "connect the dots" across issues and control deficiencies to increase standardization of solutions, processes and controls.
• Exercise discretion in managing correspondence, information, and all matters of confidentiality.
• Keep management informed about the status / progress of testing and completion of testing within assigned time frames.
• Foster a positive work environment and contribute to the success of the team by willingly assisting others in the completion and performance of work activities; provide training, coaching and/or guidance as appropriate.

Job Requirements

• Minimum 7+ years related experience
• Previous Audit, AML, Regulatory Compliance Testing or 1st Line Controls Testing experience with in-depth knowledge of business processes within Banking industry is considered asset
• Detail oriented and strong analytical skills, with experience in collecting and organizing information
• Strong written and verbal communication skills
• Ability to exercise sound judgement in making decisions
• Ability to work independently and collaboratively to build relationships across teams and functions
• Proficient knowledge of governance, risk and control procedures, strategies & tactics
• Effective time management, multi‑tasking and organizational skills…