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Audit Manager I Fin Crimes/AML CoE

Work Location:New York, New York, United States of AmericaHours:40Pay Details:$75,020 - $125,180 USDTD 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:AuditJob Description:The Audit Supervisor is responsible for oversight of assigned audit execution, preparation of audit reports, and review of work performed by employees supervised.Depth & Scope:• Generally leads a team focused on assigned audit and generally assumes the lead position on the audit, providing supervision and assignments to team members as Auditor In Charge as well as reviewing work papers completed by staff and drafting audit report• Responsible for time and staffing budgets for upcoming audits• Responsible for planning of audits• Responsible for contact with management regarding audit scope, status, and findings• Works at direction of Audit Manager• May perform testing procedures for more critical areas of audits• Provides on-the-job training for staff• Supervises findings follow up tasks with management and audit staff• Is a subject matter expert in at least one area of discipline• Works independently but receives assistance/coaching from the audit manager• May be Auditor in Charge on an Audit• May participate and/or lead assigned special projects• Provides feedback on staff performance on an audit project basis• Assists in providing feedback on completion of staff evaluations• Updates, revises, and improves existing audit procedures and programs• Adds value through consultative interactions with business line managementEducation & Experience:• 4 year degree or equivalent experience• 5+ years of related Audit experience required• Excellent oral and written communication skills• Strong knowledge of audit principles and practices• Coaching and counseling skills• Ability to delegate work to others• Strong decision-making and follow through ability• PC skills (MS Office Suite)• Works well independently and with others• Strong Analytical skills• Ability to respond to shifting priorities quickly• Team working experience• Ability to build and maintain relationships with peers and management• Strong knowledge of laws and regulations governing the banking industry• Certification highly preferred or willingness to pursue certification• Travel 25% or morePreferred experience:CAMS or CFE certificationFinancial Crimes or AML audit experienceWho 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 deliver legendary customer experiences to 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 the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues.TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you've got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we're here to support you towards your goals. As an organization, we keep growing - and so will you.Our Total Rewards PackageOur 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 moreAdditional 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 DevelopmentIf 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. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD - and we're committed to helping you identify opportunities that support your goals.Training & OnboardingWe will provide training and onboarding sessions to ensure that you've got everything you need to succeed in your new role.Interview ProcessWe'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.AccommodationIf you are an applicant with a disability and need accommodations to complete the application process, email the 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 application process.All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

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What You Should Know About Audit Manager I Fin Crimes/AML CoE, TD Bank

Are you ready to take the plunge into an exciting role as an Audit Manager I at TD? Located in vibrant Charlotte, NC, this position is a gateway to leadership in the world of financial crimes and AML (Anti-Money Laundering) within a dynamic and globally recognized institution. In this role, you will oversee audit execution, prepare comprehensive reports, and lead a team of skilled auditors. Not only will you take charge of the planning and execution of audits, but you will also be a pivotal contact for management, ensuring transparency and clarity regarding audit scope and findings. Your expertise will shine as you provide valuable training to your team and refine existing audit procedures to enhance efficiency and effectiveness. With a catchy mix of independence and teamwork, you're set to make an impact while furthering your career. At TD, we support our colleagues with ample growth opportunities and resources to develop new skills, so bring your analytical prowess, decision-making abilities, and a passion for training others to the table. This isn't just a job; it's a chance to be part of something bigger. Join us on this journey to enrich lives and redefine banking experiences!

Frequently Asked Questions (FAQs) for Audit Manager I Fin Crimes/AML CoE Role at TD Bank
What responsibilities does the Audit Manager I at TD have regarding financial crimes and AML?

As an Audit Manager I in Financial Crimes/AML at TD, your key responsibilities include overseeing audit execution, preparing detailed audit reports, and ensuring effective communication with management. You'll lead a team, manage audit planning, and provide staff coaching. Additionally, you'll have the opportunity to perform critical testing procedures and enhance existing audit practices, ultimately playing a crucial role in safeguarding the bank against financial crimes.

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What qualifications do I need to apply for the Audit Manager I position at TD?

To qualify for the Audit Manager I role at TD, you should have a four-year degree or equivalent experience, along with at least five years of relevant audit experience. Strong oral and written communication skills, proficiency in audit principles, demonstrated decision-making capabilities, and analytical skills are also essential. Earning or pursuing certifications such as CAMS or CFE is highly preferred, particularly indicating your commitment to excellence in financial crime prevention.

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How does TD support career development for Audit Manager I roles?

TD is dedicated to your career growth. As an Audit Manager I, you will have access to structured development conversations, comprehensive training programs, and an online learning platform. Through mentorship opportunities and tailored feedback, TD ensures that you can navigate your career path effectively and take full advantage of the potential for advancement in the financial services sector.

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What is the work environment like for the Audit Manager I at TD?

The work environment for the Audit Manager I at TD is collaborative and dynamic. You'll be surrounded by colleagues who are committed to delivering legendary customer experiences and innovating in the banking sector. Expect to engage in both independent tasks and teamwork, fostering relationships with peers and management alike while contributing to a culture that values professional growth and open communication.

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Is travel required for the Audit Manager I position at TD?

Yes, for the Audit Manager I position at TD, some travel is required—around 25% or more. This travel is essential to ensure effective collaboration with different teams and to conduct audits across various locations, enhancing your ability to manage and implement audit strategies successfully.

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Common Interview Questions for Audit Manager I Fin Crimes/AML CoE
Can you describe your experience with audit principles and practices?

When answering this question, highlight specific experiences where you've applied audit principles in your previous roles. Discuss any relevant certifications and how they contributed to your understanding. Providing examples of audits you've led and the outcomes can showcase your depth of knowledge and confidence in the field.

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What strategies do you use to lead an audit team effectively?

In your response, emphasize your leadership style, focusing on communication, delegation, and support. Discuss how you foster collaboration, encourage growth among team members, and ensure that each team member understands their role. Providing a case study of a successful audit project can further strengthen your answer.

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How do you handle conflicts within your audit team?

Addressing conflicts requires both diplomacy and understanding. Share your approach to conflict resolution, which may include open discussions, mediation techniques, and focusing on common goals. Illustrating your skills with a specific example can effectively convey your problem-solving abilities.

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How do you ensure compliance with financial regulations in audit?

Your response should highlight your knowledge of regulatory requirements and how you ensure compliance during audits. Mention any relevant experiences and the methods you employ to stay updated on changes in regulations, which will demonstrate your proactive approach to compliance management.

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What is your experience with AML audits specifically?

Discuss specific examples of your experience with AML audits, emphasizing the techniques you use to identify and assess financial crimes. Relating your experience to the role at TD can show that you're well-suited for the position and understand its significance.

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How do you prioritize multiple audits in a busy environment?

Talk about your organizational skills and any tools or techniques you employ to manage your time effectively. Explain how you assess the urgency and importance of various audits to ensure that all tasks are completed efficiently, delivering results on time.

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Can you provide an example of a challenging audit you managed and the outcome?

Share details of a particularly challenging audit, the hurdles you faced, and the strategies you implemented to overcome them. Highlighting positive outcomes and lessons learned shows your resilience and ability to adapt in difficult situations.

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What role does technology play in your auditing process?

Discuss how you leverage technology to improve audit efficiency and accuracy. Mention specific tools or software you've used and how they've helped you streamline processes or analyze data effectively, addressing the evolving landscape of auditing practices.

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How do you maintain strong communication with management throughout an audit?

Explain your communication strategies, including regular updates, status reports, and feedback sessions. Highlighting your ability to listen actively and address concerns demonstrates your commitment to transparency and collaboration with management.

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What do you believe is the most critical skill for an Audit Manager I?

Your answer should highlight the necessity of strong analytical and decision-making skills, as well as interpersonal skills for effective team management. Provide reasoning, perhaps connecting it to real-world examples where these skills significantly impacted the auditing process or outcomes.

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Full-time, on-site
DATE POSTED
December 16, 2024

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