Risk Analyst - 2LoD Controls Testing and Oversight

Risk Analyst - 2LoD Controls Testing and Oversight Location: New York, New York Work Location: New York, New York, United States of America Hours: 40 Pay Details: $29.75 - $47.75 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: Risk Management Job Description: The Group Risk Analyst II provides a broad range of risk analysis, reporting, monitoring and/or support to business partner requests and acts as a specialist/expert in providing guidance/advice on a range of risk related matters within assigned or own area of specialization.  The Group Risk Analyst II may support and/or provide oversight, commentary, and strategy analysis in connection to team and/or individual initiatives. Department Overview: TD Bank is guided by the Three Lines of Defense (LOD) Risk Framework: Risk Ownership (1LOD), Risk Oversight (2LOD), and Internal Audit (3LOD). The second line is independent of the business and provides policies, standards, and methodologies, with authority to assess and challenge the first line’s adherence to those expectations. In this role, you will support the scoping and execution of independent 2LOD controls testing across business processes and technology platforms, and contribute to regulatory and internal risk reporting. Depth & Scope: Experienced working professional role providing specialized business services, advisory or processes/program support within own area of speciality Requires experienced, conceptual and practical knowledge within own specialty and knowledge of broader related areas Accountable for own work and sometimes others; acts as an escalation point or knowledge resource for others in own area Leads projects or work streams within broader projects with moderate risk and may be accountable for managing ongoing activities, processes and functional programs Works within broad guidelines/policies and independently performs tasks from end to end Solves moderately complex problems by taking a new perspective on existing solutions Exercises judgment based on the analysis of multiple sources of information Conveys business context when providing guidance within field of specialty to internal or external stakeholders Performs work under minimal management guidance and supervision Identifies and leads problem resolution Education & Experience: Undergraduate degree or technical certificate and/or 2+ years relevant experience Solid knowledge of risk management policies, programs & reporting for business supported and/or area of discipline Knowledge of risk management environment, standards and regulations Knowledge of current and emerging trends Ability to identify problems, evaluate alternatives and implement effective solutions Skill in using analytical software tools, data analysis methods and reporting techniques Skill in using computer applications including MS Office Ability to communicate effectively in both oral and written form Ability to work collaboratively and build relationships Ability to work successfully as a member of a team and independently Ability to exercise sound judgement in making decisions Ability to analyze, organize and prioritize work while meeting multiple deadlines Ability to handle confidential information with discretion Additional Responsibilities: Execute independent 2LOD testing of business and technology controls, including test planning, fieldwork, and documentation Execute independent testing in the following areas: Control Design & Operating Effectiveness, Transactions Testing, Data Reconciliations, Logic Reperformance, Data Profiling/Analytics, End-User Computing (EUC) Review, Policy & Procedure Review, Governance/Oversight, and Regulatory Rule Compliance Identify opportunities to streamline and automate controls testing (where appropriate), including through the use of generative AI, agentic AI, and RPI Support maintenance of the testing inventory and update the testing universe and test plans based on regulatory developments and changes in the internal risk profile Partner with business and technology stakeholders to discuss key controls, potential control gaps, root causes, and remediation plans Assess processes and controls end-to-end and connect themes across issues to drive standardization of solutions, processes, and control design Monitor emerging risk and regulatory trends, identify issues and opportunities, and recommend actions to management Manage deliverables proactively and provide clear, timely status updates, risks, and dependencies to management Perform ongoing risk analysis, escalate concerns appropriately, and support concise reporting for internal governance and regulatory needs Job Requirements/Preferred Experience: Bachelor’s degree required; advanced degree and/or relevant certifications (e.g., CRISC, CISA, CIA, CPA, FRM, CFA) a plus 2+ years of experience in operational risk, risk management, internal audit, compliance testing, or related roles within financial services Experience using Microsoft Copilot and other approved generative and agentic AI tools to automate and improve tasks and processes Knowledge of financial services industry products and related reporting is a plus Business Banking experience is an asset Ability to interpret guidelines, standards, policies, and analysis results to inform decisions and provide effective challenge at senior levels Ability to work with large datasets and apply data analytics to support testing, insights, and reporting Strong attention to detail and a demonstrated ability to identify root causes behind issues and observations Strong analytical, problem-solving, and organizational skills Confidence to challenge the status quo and navigate difficult conversations with professionalism and tact Strong written and verbal communication skills, with the ability to build and maintain effective working relationships across functions Customer Accountabilities: Develops and operationalizes standards, policies and processes to identify, report and mitigate overall risk exposures within the business Proactively analyzes potential risks and ensures key risks are aggregated/escalated to appropriate areas Supports ongoing risk measurement activities by acquiring, analyzing and reporting business operational or relevant loss data Establishes and provides regular risk analysis and reporting on operational loss performance of the business Supports business with analysis and reporting on risk issues and their impact which may include scenario analysis May be responsible for coordinating business continuity management (BCM) processes and supporting regulatory/compliance related initiatives impacting overall risks to the business (e.g. CDIC, anti-money laundering) Supports established enterprise-wide risk escalation, review and approval processes, data management, policies and risk assessment processes Contributes to the monitoring of Key Risk Indicators through the identification of key risk drivers for the business May also monitor/report on compliance, management, and strategic initiatives Provides regular commentary and industry analysis in supporting the development/maintenance/oversight of policies/procedures/ practices Shareholder Accountabilities: Adheres to enterprise frameworks or methodologies that relate to activities for our business area Ensures respective programs/policies/practices are well managed, meet business needs, comply with internal and external requirements, and align with business priorities Consistently exercises discretion in managing correspondence, information and all matters of confidentiality; escalates issues where appropriate Ensures 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) Participates in cross-functional/enterprise/initiatives as a subject matter expert helping to identify risk/provide guidance for complex situations Conducts internal and external research projects; supports the development/delivery of presentations/communications to management or broader audience Conducts meaningful analysis at the functional or enterprise level using results to draw conclusions, make recommendations and assess the effectiveness of programs/policies/practices Monitors service, productivity and assesses efficiency levels within own function and implements continuous process/performance improvements where opportunities exist Leads/facilitates and/or implements actions/remediation plans to address performance/risk/governance issues Actively manages relationships within and across various business lines, corporate and/or oversight functions and ensures alignment with enterprise and/or regulatory requirements Keeps abreast of emerging issues, trends, and evolving regulatory requirements and assesses potential impacts Maintains a culture of risk management and control, supported by effective processes in alignment with risk appetite Employee/Team Accountabilities: Participates fully as a member of the team, supports a positive work environment that promotes service to the business, quality, innovation and teamwork and ensures timely communication of issues/points of interest Provides thought leadership and/or industry knowledge for own area of expertise in own area and participates in knowledge transfer within the team and business unit Keeps current on emerging trends/developments and grows knowledge of the business, related tools and techniques Participates in personal performance management and development activities, including cross training within own team Keeps others informed and up-to-date about the status/progress of projects and/or all relevant or useful information related to day-to-day activities Contributes to team development of skills and capabilities through mentorship of others, by sharing knowledge and experiences and leveraging best practices Leads, motivates and develops relationships with internal and external business partners/stakeholders to develop productive working relationships Contributes to a fair, positive and equitable environment that supports a diverse workforce Acts as a brand ambassador for your business area/function and the bank, both internally and/or externally 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 Applying common sense to deal with problems involving standardized situations – Continuous Reading, writing and comprehending instructions – Continuous Adding, subtracting, multiplying and dividing – Continuous The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required. The listed or specified responsibilities & duties are considered essential functions for ADA purposes. 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 base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition. 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. 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 TD Bank is an equal opportunity employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or any other characteristic protected under applicable federal, state, or local law. If you are an applicant with a disability and need accommodations to complete the application process, please email TD Bank US Workplace Accommodations Program at USWAPTDO@td.com.  Include your full name, best way to reach you and the accommodation needed to assist you with the applicant process. Additional Locations: Mount Laurel, New Jersey, Charlotte, North Carolina