TD Bank

Risk Analyst - 2LoD Controls Testing and Oversight

TD Bank • $61K — $99K *
Mount Laurel, NJ 08054In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Undergraduate degree preferred; advanced degree and/or relevant certifications (e.g., CRISC, CISA, CIA, CPA, FRM, CFA) a plus.
  • Broad knowledge of business and risk and control environment.
  • 4+ years of relevant experience in operational risk, internal audit, or compliance testing.
  • Experience with Microsoft Copilot and AI tools for task automation.
  • Strong written and verbal communication skills.

Responsibilities

  • Execute independent 2LOD testing of business and technology controls.
  • Identify opportunities to streamline controls testing using AI.
  • Partner with stakeholders to discuss controls and remediation plans.
  • Monitor emerging risk trends and recommend actions to management.
  • Provide subject matter expertise to projects and initiatives.

Benefits

  • Professional development opportunities and skill enhancement.
  • Opportunity to work on cutting-edge projects involving generative AI.
  • Flexible work environment fostering collaboration and team support.
Full Job Description
Work Location:
New York, New York, United States of America

Hours:
40

Pay Details:
$61,880 - $99,320 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:
Governance & Control
Job Description:
The Governance & Control Analyst III provides specialized business governance and control guidance and support for a business or functional area and implements policies/processes and/or initiatives to meet business governance and control objectives. May provide complex reporting, analysis, testing and assessments at the functional or enterprise level and is generally a lead or SME for a given area/function.

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 services, advisory or processes/program support within their own area of specialty
  • Requires business experience, conceptual and practical knowledge of own specialty and knowledge of broader related areas
  • Accountable for own work and acts as an escalation point or knowledge resource for others
  • 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
  • Identifies and leads problem resolution

Education & Experience:
  • Undergraduate degree preferred
  • Broad knowledge of business and risk and control environment
  • 4+ years of relevant experience
  • Solid knowledge of governance, risk and control procedures, strategies & tactics
  • Knowledge of current and emerging trends
  • 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, research, organize and prioritize work while meeting multiple deadlines
  • Ability to process and 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:
  • Provides specialized business governance and control related advice/support to management/leadership and respective teams for area(s) of specialization
  • Leads on the implementation of governance and control initiatives in support of the overall business/function strategy
  • Manages a set of business governance and control work activities requiring coordination across multiple areas
  • Reviews processes and controls and connects the dots across issues and control deficiencies in order to increase standardization of solutions, processes and controls
  • Supports/manages the integrated implementation of policies/processes/procedures/changes across multiple functional areas
  • Provides subject matter expertise to projects/initiatives, and participates in identifying, designing and testing solutions and supporting implementation activities

Shareholder Accountabilities:
  • Ensures programs/policies/practices are well-managed, meet business needs/priorities, and comply with internal/external requirements
  • Exercises discretion in managing communication/correspondence, information and all matters of confidentiality
  • Conducts research projects; supports the development/delivery of materials and presentations to management or broader audience
  • Adheres to enterprise frameworks or methodologies that relate to activities for own business area
  • May lead work streams by acting as a project lead/SME for medium-scale projects/initiatives in accordance with project management methodologies
  • Protects the interests of the organization - identifies and manages risks, and escalates non-standard, high-risk transactions/activities as necessary
  • Maintains a culture of risk management and control, supported by effective processes in alignment with risk appetite
  • Is knowledgeable of and complies with Bank Code of Conduct

Employee/Team Accountabilities:
  • Participates as a member of the team, supports a positive work environment and ensures timely communication
  • Supports team by regularly enhancing knowledge/expertise in own area and participates in knowledge transfer
  • Keeps current on emerging trends/developments and grows knowledge of the business, related tools and techniques
  • Keeps others informed about the status/progress of projects
  • Contributes to team development of skills and capabilities through mentorship of others, by sharing knowledge and experiences and leveraging best practices
  • Contributes to a fair, positive and equitable environment
  • Acts as a brand ambassador for your business area/function and the Bank

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.

About TD Bank

TD Securities offers a range of advisory and capital market services to its clients. The company's range of services includes research, investment banking, capital markets, and global transaction banking. Research consists of commodity and equity research. Investment banking consists of mergers, acquisitions, industry expertise, and credit origination. Global transaction banking consists of trade finance, cash management, and correspondent banking. TD Securities was founded in 1855 and is based in Ontario.

TD Bank Careers

Join the vibrant team at TD Bank, one of North America's leading financial services organizations, where innovation, leadership, and growth go hand in hand. At TD Bank, we are committed to fostering a culture of diversity and inclusion, making it an ideal place for ambitious professionals to thrive. Work You’ll Do At TD Bank, your professional journey is bolstered by a robust support system. From your first interview to every career milestone, you will find opportunities for growth and leadership. Our team is dedicated to helping you develop the skills necessary for success in the ever-evolving financial sector. TD Bank offers a variety of job opportunities across multiple fields, from customer service to investment banking. Each position at TD Bank is a chance to contribute to our culture of innovation and exceptional client service. Internship Programs Kickstart your career with a TD Bank internship. Our programs provide invaluable industry exposure and hands-on experience, making them a perfect starting point for students and recent graduates eager to make their mark in the banking industry. Interns at TD Bank enjoy the unique opportunity to work alongside seasoned professionals, gaining insights that are crucial for future employment. Benefits and Growth TD Bank is deeply committed to the well-being and continuous growth of our team members. We offer competitive benefits packages that cover health, finance, and family care. Our employees enjoy comprehensive health insurance, retirement plans, and generous paid time off, among other perks. Moreover, TD Bank encourages professional development through various training programs, including leadership development and diversity training. These initiatives ensure that our team remains at the forefront of industry standards and best practices. Join Our Team Explore the numerous career paths available at TD Bank and discover how your skills and interests align with our mission. We are actively hiring and continually looking for talented individuals who are passionate about banking and customer service. Networking and Professional Development At TD Bank, we believe in the power of networking and collaboration. Our employees have access to a wide range of networking events, workshops, and seminars that promote career development and professional growth. These platforms not only enhance your professional skills but also expand your industry connections. Stay Connected Keep up to date with the latest at TD Bank Careers by subscribing to our job alert emails. Tailor your subscription to match your career preferences and get the latest news, insider tips, and job opportunities delivered straight to your inbox. Explore job opportunities at TD Bank and be part of a team that values hard work, creativity, and a diverse workplace culture. Your next great career move is just a click away. SEARCH TD BANK JOBS Join us at TD Bank and let your ambition lead you to a rewarding career filled with opportunities to learn, grow, and innovate.
Learn more about TD Bank
Size
90,000 employees
Market Cap
$117.9 billion
Industry
Finance & Insurance
Net Income
-$6.9 million
5 Year Trend
+6.6%
* Ladders Estimates

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