Manager, FCRM Control Coverage

TD Bank; Toronto; On-site; CAD 96,000 - 137,000; Full time

Job summary

A leading financial institution is seeking a Manager for the Financial Crime Risk Management department in Toronto. This role involves maintaining control inventories, enhancing compliance strategies, and collaborating across teams to address financial crime risks. Ideal candidates will have strong data science expertise, excellent analytical skills, and at least 5 years of experience with AML processes. They offer a competitive salary and development opportunities within a collaborative environment.

Benefits

Health and well-being benefits

Savings and retirement programs

Career development opportunities

Qualifications

• 5+ years of relevant AML, FCRM and/or risk modeling experience.
• Extensive knowledge of FINTRAC and related regulatory requirements.
• Proven research, analytical, and organizational skills with project management experience.

Responsibilities

• Maintain the FCRM Control Inventory across FCRM-owned models.
• Identify enhancement opportunities and develop strategies for improvement.
• Support and execute transaction monitoring coverage assessment methodology.

Skills

Hands-on data science expertise

Strong analytical skills

Project management skills

Proficiency in Python

Proficiency in SQL

Proficiency in Tableau/Power BI

Knowledge of regulatory requirements

Education

Undergraduate degree

Advanced degree preferred

Tools

Excel

PowerPoint

Job description

Work Location: Toronto, Ontario, Canada

Hours: 37.5

Line of Business: Analytics, Insights, & Artificial Intelligence

Pay Details: $96,900 - $136,800 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 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

Department Overview

The TD Global Financial Crime Risk Management department is accountable for establishing TD's Global Anti-Money Laundering (AML), Anti-Terrorist Financing (ATF), Economic Sanctions and Anti-Bribery/Anti-Corruption (ABAC) (collectively, Financial Crime Risk Management) program to ensure that all TD businesses adhere with AML/ATF/Sanctions/ABAC regulatory expectations in all jurisdictions where TD operates. This includes setting consistent standards across business segments that may be further tailored to specific business or jurisdictional requirements; conducting periodic enterprise-wide AML/ATF/Sanctions/ABAC risk assessments; maintaining the Global AML Policy (including Know Your Customer and Enhanced Due Diligence, record keeping & retention requirements); currency transaction and suspicious transaction monitoring and reporting; screening TD customers against regulatory watch lists; a hierarchy of designated AML officer functions; enterprise-wide and specialized AML training of employees; and independent AML testing.

Reporting to the Associate Vice President, FCRM, Model Management, Customer Risk Rating, Canada and EAP, the Manager will be responsible for supporting the maintenance of the control coverage matrix across FCRM owned models for TD, including the Control Inventory and Transaction Monitoring Coverage Map. This proactive, strategic thinker will identify opportunities to further enhance TD's coverage matrix, identifying risks and solutions.

Job Requirements

Customer

• Maintains the FCRM Control Inventory across FCRM-owned models and other relevant FCRM controls.
• Identifies enhancement opportunities and develops action plans for any gaps in the FCRM Control Inventory and develops strategies to continuously enhance control coverage.
• Supports and executes transaction monitoring ("TM") coverage assessment methodology as well as end-to-end process of the TM coverage assessment and its periodic refreshes including remediation planning.
• Collaborates with FCRM Model Management teams as well as Enterprise Technology as needed to continuously discuss enhancements of control coverage.
• Interfaces with model risk management, internal audit, and other non-FCRM functions to ensure alignment of the control coverage practices to TD's enterprise standards.
• Work closely with business owners to identify opportunities and serve as an ambassador for automated controls coverage.
• Work in a highly interactive, team-oriented environment with Big Data developers, and analytical experts.
• Collaborate with business partners to shape and prioritize ad hoc analysis.

Shareholder

• Support execution with excellence on key initiatives/programs.
• Identify opportunities for business growth within a specific business or function by identifying potential use cases and value drivers.
• Proactively support the identification of issues, trends and opportunities, and bring forward recommendations based on judgment and facts.
• Support control coverage framework to succinctly take complex data and translate it into clear and concise recommendations.
• Ensure deep understanding and contribute to the achievement of the business strategy, goals, and objectives.
• Support relationships with corporate and/or control functions to ensure alignment with enterprise and/or regulatory requirements.
• Support team in staying knowledgeable on emerging issues, trends and evolving regulatory requirements and assess potential impacts to the Bank.
• Assess / identify key issues and escalate to appropriate levels and relevant stakeholders and business management where required.
• Identify, mitigate and report on risk issues per enterprise policy / guidance and ensure appropriate escalation processes are followed.
• Ensure business operations are in compliance with applicable internal and external requirements (e.g. financial controls, segregation of duties, transaction approvals and physical control of assets)
• Protect the interests of the organization – identify and manage risks, and elevate non-standard, high risk transactions / activities as necessary.
• Keep abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impacts.
• Maintain a culture of risk management and control, supported by effective processes in alignment with risk appetite.

Employee / Team

• Cultivate and model the Colleague Promise to support colleague growth, and a culture of care; make an impact at work and in our communities by leading with authenticity and supporting well being to represent TD's brand.
• Connect the alignment of colleague's contributions with the TD Shared Commitments.
• Demonstrate inclusivity by taking meaningful action with intention to support colleagues and customers across all dimensions of diversity, including those from underrepresented communities, being actively anti-racist, attracting and retaining diverse slate of candidates, nurturing mutual respect, inclusivity of thought and collaboration to drive successful results.
• Enable colleague growth by encouraging colleague development to achieve career and business objectives; ensuring timely motivating appreciation and recognition to all colleagues.
• Practices a continuous learning culture by proactively seeking, listening to and actioning feedback from peers and from colleague listening opportunities to continuously improve the colleague experience and grow your personal leadership.
• Model sharing of knowledge, information, skills, and subject matter expertise among the team; ensure timely management and escalation of issues, and lead collaboration with other functions and teams.

Breadth & Depth

• Ensure an integrated approach with other business management areas, broader organization, and enterprise as appropriate.
• Deep knowledge and understanding of businesses / technology, and organizational practices/ disciplines.
• Sound to advanced knowledge of external competition, industry and/or market trends in relation to own function / business.
• Focus on short to medium-term issues (e.g. 6-12 months)

Qualifications

• Undergraduate degree required; advanced degree preferred.
• 5+ years of relevant AML, FCRM and/or risk modeling experience.
• Extensive knowledge of FINTRAC and related regulatory requirements FCRM risks, and appropriate controls.
• Hands‑on data science expertise including, but not limited to, machine learning, statistics, relational databases, and data visualization. Tableau/Power BI, Python and SQL skills are preferred.
• Working knowledge of process mapping, above average competency in Microsoft Office products including Excel, Word, and PowerPoint.
• Experience with/knowledge of methods, techniques and tools to support model coverage and control.
• Exposure to common Transaction Monitoring systems (Actimize, SAS, Oracle, etc.).
• Proven research, analytical, and organizational skills with project management experience.
• Experience in developing executive facing documentation, presentations, and procedures that meets the highest regulatory standards and audit requirements.
• Excellent time management skills and ability to prioritize activities and work independently with minimal direct supervision.

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 strive to make every interaction, product, and experience remarkably human and refreshingly simple for 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 foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience. TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing. Together, we are reimagining what banking can be for our clients, colleagues and communities.

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.

If you're passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact.

We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best.

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