Manager, Transaction Monitoring Coverage Assessment, FCRM (5195, 5196)

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

Financial Crime Risk Management

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:

Role Overview: The Manager, Transaction Monitoring Coverage Assessment, is responsible for supporting the execution of annual and ad-hoc Transaction Monitoring Coverage Assessments across Canadian FCRM. The role evaluates whether transaction monitoring controls provide appropriate coverage of money laundering and terrorist financing risks across in-scope products, services, business segments, transaction types, red flags, and typologies. This position plays a key role in maintaining coverage assessment documentation, identifying potential coverage gaps or enhancement opportunities, and supporting governance, quality review, and stakeholder engagement activities.

Key Accountabilities

• Execute and support annual and ad-hoc Transaction Monitoring Coverage Assessments in accordance with established procedures, timelines, and governance expectations.
• Maintain, review, and update typology, red flag, product and service, transaction type, and control inventories used to assess coverage.
• Map applicable products, services, business segments, transaction types, red flags, typologies, and controls to support evidence-based coverage analysis.
• Assess transaction monitoring coverage to identify potential gaps, enhancement opportunities, or areas requiring further stakeholder review.
• Document assessment methodology, analysis, outcomes, approvals, and supporting evidence in a clear, organized, and audit-ready manner.
• Support quality review processes by validating assessment components, challenging assumptions where appropriate, and ensuring accuracy and completeness of documentation.
• Prepare and support the socialization of assessment results with impacted stakeholders and governance forums, including the Transaction Monitoring Governance Committee where required.
• Maintain awareness of regulatory developments, emerging risks, business changes, and product or service changes that may impact transaction monitoring coverage.

• Experience in AML/ATF, financial crime risk management, transaction monitoring, compliance, risk assessment, audit, controls testing, or a related risk management function.
• Knowledge of money laundering and terrorist financing risks, typologies, red flags, transaction monitoring concepts, and regulatory expectations applicable to financial institutions.
• Experience reviewing or maintaining risk, control, product, service, or transaction inventories is considered an asset.
• Experience preparing formal documentation, assessment summaries, governance materials, or stakeholder-ready analysis in a regulated environment.

• Strong analytical and critical thinking skills, with the ability to assess complex risk and control information and draw well-supported conclusions.
• Excellent written communication skills, including the ability to document analysis, decisions, and outcomes clearly and professionally.
• High attention to detail and ability to organize, review, and reconcile information across multiple sources and inventories.
• Strong stakeholder management and collaboration skills, with the ability to work effectively with FCRM partners, Business Oversight, First Line teams, technology partners, model teams, and governance stakeholders.
• Ability to manage competing priorities, meet timelines, and support both planned annual assessments and time-sensitive ad-hoc assessments.
• Strong data visualization and presentation development skills, with the ability to analyze complex information and translate it into clear, concise, visually appealing materials that support effective decision-making and can be confidently presented to executive audiences.
• Sound judgment, professional skepticism, and the ability to identify when issues require escalation or additional review.