Audit Manager II (US) - Financial Crimes - Issues Validation

Audit Manager II

Work Location: New York, New York, United States of America

Hours: 40

Pay Details: $92,220 - $149,310 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 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.

Line of Business: Audit

Job Description: The Audit Manager II is a senior-level leader within the U.S. Financial Crimes Regulatory Issue Validation Audit function, providing specialized in-depth subject matter expertise and responsible for Validating Regulatory Issues working through the audit methodology and working directly with impacted businesses and contributing to the planning and oversight to the validation function. The U.S. Financial Crimes Regulatory Issue Validation Audit function is primarily responsible for managing the validation process for regulatory issues as well as some Audit identified or self-identified issues that are related to existing regulatory issues. The Audit Manager II will lead or serve as Auditor-In-Charge on complex regulatory audit engagements and provide day-to-day leadership, coaching, and guidance to engagement team members driving high quality, effective and timely execution of audit engagements, deadlines, budgets, and project plans.

The main function of the Audit Manager II U.S. Financial Crimes Regulatory Issue Validation Audit is to oversee testing of design and operational effectiveness focused on Regulatory Issue validation as well as Internal issue validation tied to regulatory issues and managing the suite of work required to meet regulatory deadlines and internal timelines through tracking and monitoring all items within the teams scope of work

Depth & Scope:

• Works autonomously and accountable for acting as a lead within a specialized audit practice area and provide work direction to others
• Provides seasoned specialized knowledge, advice and/or guidance to various stakeholders and team members
• May lead and/or provide supervisory oversight to complex audits and ensure completion
• Knowledge of external competition, industry and/or market trends in relation to own function / business
• Scope of role may have enterprise impact
• Undertakes and completes a variety of complex audit projects and initiatives requiring specialist knowledge and/or the integration of cross functional processes within own area of expertise
• May oversee and/or independently perform concurrent multiple audits and related tasks from end to end
• Ability to process and handle confidential information with discretion

Education & Experience:

• Undergraduate degree required
• 7+ years of relevant experience

Preferred Qualifications:

• Experience as a former OCC, CFPB, FDIC, FRB, or NCUA compliance examiner
• Banking industry audit experience with focus on Financial Crimes Compliance and issue validation strongly preferred
• Relevant professional certifications, or other relevant industry certifications strongly preferred (e.g., CIA, CRCM, CAMS)
• Advanced knowledge of audit standards, procedures, laws, rules, and regulations
• Ability to lead, plan, implement and evaluate program/project activities to ensure completion of audit
• Skilled in mentoring, coaching, and performance management
• Ability to work independently as well as collaboratively in a team environment
• Ability to analyze, organize and prioritize work while meeting multiple deadlines
• Ability to contribute to strategic direction of the audit function and provide advice to senior leadership particularly around process improvement
• Proficient in Microsoft Office Suite (Excel, Word, PowerPoint) and experience with risk management and audit tools

Customer Accountabilities:

• Supports the development and implementation of audit programs by contributing insights and assisting with planning activities
• Participates in audit engagements across multiple areas, helping ensure audits are conducted in line with established standards and timelines
• Executes the development of Audit Planning Memorandum (APM), Process Risk and Control Matrix (pRCM), Findings Grid and Audit Report
• Completes L1 reviews/sign off on all audit activities (i.e. walkthroughs, test scripts, test results, grid, evidence uploads)
• Oversees / leads audits and/or execute the follow-up of findings arising from internal audits and regulatory reviews in accordance with policy
• Oversees / leads the ongoing audit communications and/or the reporting process with the stakeholders, senior management and external auditors for specific and/or overall Audit area
• Contributes to audit initiatives by providing input and assisting in the design and testing of solutions, as well as supporting implementation efforts
• Leads / manages the integrated implementation of policies / processes / procedures / changes across multiple functional areas
• Acts as the audit lead or audit advisor to management and respective teams for area of specialization. Reports on emerging trends, identifying issues and opportunities and recommending action to senior management
• Facilitates key discussions and provide thought leadership to executive audience

Shareholder Accountabilities:

• Adheres to internal policies / procedures, enterprise frameworks and methodologies and applicable regulatory guidelines, contributes to the review of internal processes and activities and assists in identifying control weaknesses / failures, potential opportunities to improve operational efficiencies for their business area
• Actively manages relationships with business lines / corporate and/or control functions and ensures alignment with enterprise and/or regulatory requirements
• Keeps abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impacts to the Bank
• Assesses / identifies key issues and escalates to appropriate levels and relevant stakeholders where required
• Maintains a culture of risk management and control, supported by effective processes and sound infrastructure in alignment with risk appetite
• Participates in cross-functional / enterprise initiatives as a subject matter expert helping to identify risk / provides guidance for complex situations

Employee/Team Accountabilities:

• Provides thought leadership and/or industry knowledge for own area of expertise
• Encourages a positive work environment that promotes service to the business, quality, innovation and teamwork and ensure timely communication of issues / points of interest
• Identifies and recommends opportunities to enhance productivity, effectiveness and operational efficiency
• Works effectively as a team, supporting other members of the team in achieving business objectives and providing stakeholders services
• Participates in knowledge transfer within the team and business units
• Contributes to the overall performance management process by providing coaching and input into team members' assessment on assigned audits

Physical Requirements:

Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%

• Domestic Travel Occasional
• International Travel Never
• Performing sedentary work Continuous
• Performing multiple tasks Continuous
• Operating standard office equipment - Continuous
• Responding quickly to sounds Occasional
• Sitting Continuous
• Standing Occasional
• Walking Occasional
• Moving safely in confined spaces Occasional
• Lifting/Carrying (under 25 lbs.) Occasional
• Lifting/Carrying (over 25 lbs.) Never
• Squatting Occasional
• Bending Occasional
• Kneeling Never
• Crawling Never
• Climbing Never
• Reaching overhead Never
• Reaching forward Occasional
• Pushing Never
• Pulling Never
• Twisting Never
• Concentrating for long periods of time Continuous
• Apply