Governance & Control Lead - Regulatory Compliance, Business Banking

TD; Canada; On-site; CAD 81,000 - 116,000; Full time

Job summary

A leading financial institution in Canada is seeking a Governance & Control Lead for its Business Banking team. This role involves managing governance programs and providing expertise in regulatory compliance specifically concerning AML/Regulatory Compliance Management. Ideal candidates will have at least 7 years of experience, strong analytical skills, and the ability to engage with various stakeholders. Competitive salary and a supportive development environment offered.

Benefits

Health and well-being benefits

Savings and retirement programs

Career development opportunities

Competitive benefits plan

Qualifications

• Minimum of 7+ years related experience.
• Experience in Audit, AML, or Regulatory Compliance Testing is an asset.
• Effective time management and organizational skills.

Responsibilities

• Manage business governance and control programs.
• Lead the refresh of AML/RCM controls.
• Manage risk incidents and potential issues.
• Provide subject matter expertise on regulatory compliance.

Skills

Detail oriented

Strong analytical skills

Strong written and verbal communication

Sound judgement

Ability to work independently

Proficient in MS Office

Education

Business or finance degree

Certification in Risk or Audit (e.g. CRM, CISA, CIA, CPA)

Tools

Microsoft Excel

Job description

Work Location

Toronto, Ontario, Canada

Hours

37.5 hours per week

Line of Business

Governance & Control

Pay Details

81,600 - 115,200 CAD

Compensation

This role is eligible for a discretionary variable compensation award that considers business and individual performance. 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.

Job Description

The Business Banking Governance & Control (BBG&C) team acts as the 1st Line of Defense 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. Reporting to the Manager, Business Banking G&C, the Governance & Control Lead - Regulatory Compliance, Business Banking will provide support for AML /Regulatory Compliance Management as an SME and manage/conduct ongoing quality testing for key controls.

Responsibilities

• 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 timeframes.
• 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 to meet tight timelines and adapt to changing priorities.
• Skill in using MS Office, with advanced proficiency in using Microsoft Excel.
• A business or finance degree is an asset.
• Certification(s) relating to Risk or Audit e.g. CRM, CISA, CIA, CPA is 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. TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you've got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we're here to support you towards your goals. As an organization, we keep growing - and so will you.

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. Learn more.

Additional Information

We're delighted that you're considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we're committed to providing the support our colleagues need to thrive both at work and at home. 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.

Colleague Development

If you're interested in a specific career path or are looking to build certain skills, we want to help you succeed. You'll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD - and we're committed to helping you identify opportunities that support your goals.

Training & Onboarding

We will provide training and onboarding sessions to ensure that you've got everything you need to succeed in your new role.

Interview Process

We'll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

Accommodation

Your accessibility is important to us. Please let us know if you'd like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process. We look forward to hearing from you!

Language Requirement (Quebec only)

Sans Objet