Manager, Process Inventory and pRCSA, FCRM Governance and Controls

Department Overview

The TD Bank Group Financial Crimes Risk Management (FCRM) Department is responsible for Anti-Money Laundering and Anti-Terrorist Financing (AML/ATF) regulatory compliance and prudential risk management across the TD footprint. We act as proactive and trusted advisors to TD Business Lines, while supporting a consistent, adaptable, and effective culture across the organization, ensuring money laundering and terrorist financing risks are appropriately identified and mitigated. We direct the design, content, and enterprise-wide implementation of TD’s AML Program, which also includes ensuring that everyone both understands and complies with economic sanctions and anti-bribery/anti-corruption regulations. Our commitment to being The Better Bank means that we are continually evolving to meet the requirements of an ever-changing regulatory environment, while continuing to provide legendary customer experiences.

Job Description

Reporting to Senior Manager, Process Risk (pRCSA), the Manager supports strategic direction on the FCRM Process Risk programs, procedures and processes. The Manager is responsible for the FCRM Process Inventory and Process Risk and Control Self-Assessment (pRCSA) efforts, and partners with FCRM teams to complete and maintain the associated tasks and documentation.

Responsibilities

• Lead the implementation and maintenance of the FCRM Process Inventory and Process Risk and Control Self-Assessment (pRCSA) efforts
• Provide support to 1A in the completion of process Inventory, pRCSAs, ensuring adherence and alignment to enterprise requirements, revising as internal/external changes are identified
• Lead the process inventory assessment and certification, acting as liaison between business area management and the ORM Segment group
• Document/refresh pRCSA for core processes per Standards and Guidelines (Process Maps, inventory, MERLIN entries)
• Review and assess key controls and inherent risk assessment, determine if the residual risk levels are within TD and business risk, update management of key/significant risks (existing and emerging)
• Work with 1A to establish appropriate remediation activities to address unsatisfactory and requires improvement controls and residual risk levels outside TD and business risk appetites
• Act as subject matter expert for discussions pertaining to Process Risk, including enhancement and change management discussions and activities
• Act as a key point of contact with Executive Process Owners and ORM
• Manage Process Inventory and pRCSA scheduling, refreshment and certification
• Support the design of remediation activities
• Responsible for the alignment of risk and controls to the enterprise risk appetite
• Responsible for MERLIN entries as required
• Effectively manage ad-hoc projects or tasks of varying complexities within established deadlines

Qualifications/Skills

• University degree or equivalent experience
• Advanced degree, professional accreditation, and/or 7+ years relevant industry experience
• Experience in financial services industry, risk management, governance, compliance, process risk, or similar role is preferred
• Excellent communication, analytical, and reporting skills, with attention to detail
• Critical thinking and decision-making skills
• Strong written and verbal communication skills, including experience preparing reporting to executive audiences
• Effective stakeholder and partner engagement with a professional approach; ability to interact with all levels within the organization
• Ability to effectively operate with flexibility in a fast-paced, constantly evolving team environment and prioritize competing priorities
• Experience with RSA Archer considered an asset

Who We Are

TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we deliver legendary customer experiences to over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities, and colleagues.

Our Total Rewards Package

Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical, and mental well-being goals. Total Rewards at TD includes a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs.

Additional Information

Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.