Audit Manager I (US) - Financial Crimes - Internal Audit Issue Validation

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

Pay

$75,020 - $125,180 USD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. 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.

About the role

The Audit Manager I executes audits for an assigned business, function, or project as part of a team or as an individual contributor and/or provides subject matter expertise on audits ranging in complexity. May manage/lead a number of moderately complex audits, related engagement and/or projects/initiatives, and has responsibility for completion of the audit.

Responsibilities

• Works as an audit subject matter expert and may coach and educate others.
• Oversees and/or independently performs audits from end-to-end.
• Leads moderately complex audits and has responsibility for completion of the audit.
• Undertakes and completes a variety of projects and initiatives, may include the integration of cross-functional processes within own area of expertise.
• Conducts audit work based on established audit plans and executes the audit in accordance with established standards ensuring completion.
• Executes testing of controls such as walkthroughs (leading and documentation), test scripts (development and execution), and issue management (identification and capturing in the grid).
• May execute the development of Audit Planning Memorandum (APM), Process Risk and Control Matrix (pRCM), Findings Grid, and Audit Report.
• May complete L1 reviews/sign off on all audit activities (i.e., walkthroughs, test scripts, test results, grid, evidence uploads).
• Contributes to the audit planning process for specific audits, ensuring appropriate programs and audit risk assessments are completed accordingly.
• Manages the ongoing audit communications process with stakeholders during and subsequent to the audit.
• Presents objective and independent audit opinion on the adequacy of internal controls in accordance with established professional audit standards, including presentation of findings and recommendations to stakeholders and audit management.
• Executes follow-up of findings raised from regulatory and internal divisional audits in accordance with firm policy.
• Provides subject matter expertise and/or input to audit projects/initiatives as a representative for area of specialization.
• Identifies key risks and opportunities where controls are missing or inadequate to mitigate these risks.
• 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 own business area.
• May develop and provide complex reporting, analysis, and assessments at the functional or enterprise level.
• Prioritizes and manages own workload to deliver quality results and meet assigned timelines.
• Keeps current on emerging trends/developments and grows knowledge of the business, analytical tools, and techniques and applies them where appropriate.
• Develops and delivers audit findings, presentations/communications to management or broader audience.
• Assesses/identifies key issues and escalates to appropriate levels and relevant stakeholders where required.
• Contributes to the analysis, due diligence, and implementation of initiatives within defined area of responsibility.
• Continuously enhances knowledge/expertise in own area.
• Supports a positive work environment that promotes service to the business, quality, innovation, and teamwork and ensures timely communication of issues/points of interest.
• Identifies and recommends opportunities to enhance productivity, effectiveness, and operational efficiency.
• Establishes effective relationships across multiple businesses.
• Participates in knowledge transfer within the team and business units.
• Works to achieve individual goals and support other team members in the achievement of team goals and divisional objectives.

Requirements

• Undergraduate degree required.
• 5+ years of relevant experience.

Preferred Qualifications

• Judgment and Analytical Skills: Exhibits strong judgment regarding the sufficiency of evidence, the appropriate depth of testing, and the severity of issues identified during audits.
• Specialized Auditing Skills: Possesses robust auditing skills, with particular expertise in the area of financial crimes.
• Work Ethic and Independence: Able to work both independently and with a sense of urgency.
• Issue Validation Experience: Experienced in issue validation, confirming that corrective actions have been implemented and are effective in addressing identified deficiencies.
• Technical Proficiency: Proficient in using MS Office, Power BI, AI, and supporting data analysis and reporting requirements within the audit function.
• Preferred Certifications: Certified Internal Auditor (CIA), Certified Anti-Money Laundering Specialist (CAMS), and Certified Fraud Examiner (CFE).

Physical Requirements

The following physical demands are typical for this role:

• Domestic Travel: Occasional (1-33%)
• International Travel: Never (0%)
• Performing sedentary work: Continuous (67-100%)
• Performing multiple tasks: Continuous (67-100%)
• Operating standard office equipment: Continuous (67-100%)
• Responding quickly to sounds: Occasional (1-33%)
• Sitting: Continuous (67-100%)
• Standing: Occasional (1-33%)
• Walking: Occasional (1-33%)
• Moving safely in confined spaces: Occasional (1-33%)
• Lifting/Carrying (under 25 lbs.): Occasional (1-33%)
• Lifting/Carrying (over 25 lbs.): Never (0%)
• Squatting: Occasional (1-33%)
• Bending: Occasional (1-33%)
• Kneeling: Never (0%)
• Crawling: Never (0%)
• Climbing: Never (0%)
• Reaching overhead: Never (0%)
• Reaching forward: Occasional (1-33%)
• Pushing: Never (0%)
• Pulling: Never (0%)
• Twisting: Never (0%)
• Concentrating for long periods of time: Continuous (67-100%)
• Applying common sense to deal with problems involving standardized situations: Continuous (67-100%)
• Reading, writing, and comprehending instructions: Continuous (67-100%)
• Adding, subtracting, multiplying, and dividing: Continuous (67-100%)

Benefits

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).
• 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.

We’re committed to providing the support our colleagues need to thrive both at work and at home through regular development conversations, training programs, and a competitive benefits plan.

Colleague Development

• Regular career, development, and performance conversations with your manager.
• Access to an online learning platform and a variety of mentoring programs to help unlock future opportunities.
• Diverse career paths where you can grow your expertise and make a meaningful impact.
• Training and onboarding sessions to ensure success in your new role.