Job Information
TD Bank Senior Manager, Advanced Analytics (Quants) in Toronto, Ontario
Work Location:
Toronto, Ontario, Canada
Hours:
37.5
Line of Business:
Analytics, Insights, & Artificial Intelligence
Pay Details:
$108,800 - $163,200 CAD
This role is temporarily eligible for a pay premium above the posted salary range that is reassessed annually. You are encouraged to have an open dialogue with your recruiter who can provide more specific pay details for this role.
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:
Department Overview
The Model Validation (MV) group in Enterprise Risk, Risk Management is responsible for the independent validation and approval of all analytical models used for pricing, hedging and risk and capital evaluation of financial products and portfolios of financial products.
Job Description
The position reports to AVP, TBSM / Finance / TDAM/TDI Model Validation group. Detailed accountabilities include:
Lead a team of quantitative professionals to validate the Finance models for financial reporting and financial planning.
Work with team to develop an effective and efficient validation testing plan based on structure / design of different aggregation system and complete validation in time to support various business initiatives and accounting / regulators' requirements.
Supervise team's validation work to ensure capture all material & critical model limitations and execution / implementation accuracy of the validation testing.
Support team to have an effective communication with different stakeholders from 1st line and in-time solve model limitations / issues to meet validation lead time target.
Work with team to deliver high quality model validation reports with adequate information and justification to support validation conclusions and Audit / regulator review / assessment of validation process and validation analysis.
Recommend the approval of the models or other corrective actions based on the independent vetting and validation.
Maintain full professional knowledge of techniques and developments in the quantitative analysis in financial reporting and financial planning and share knowledge with business partners and senior management.
Assume a leadership role in developing standards and procedures for vetting and validation that are compliant with the Bank’s internal Model Risk Policy, adhere with industry best practices, and meet regulatory requirements.
Lead and develop internal team.
Ensure performance objectives are set for internal staff and that performance feedback is provided on a regular basis.
Communicate group objectives and strategies and align team activities in support of business objectives.
Support employee development activities, coach, and support direct reports in meeting their personal development objectives.
Respond to requests from both Canadian and U.S. regulators, internal and external audit in their review/audit of risk models and vetting/validation process and procedures. Provide information and assistance as required.
Work effectively with internal model development group, Audit, and other internal partners to ensure risk models meet required Bank standards for use.
Job Requirements
Advanced quantitative skills with post-secondary degree in finance with professional affiliations / certifications in accounting / finance.
In-depth knowledge of IFRS9 / US GAAP / CECL and financial planning
4 years + Experience in either accounting advisory services or auditing / vetting large financial reporting systems and financial planning models for large financial institutions and banks; and 1 years + Experience in managing a small team.
Proficient in relevant programming languages such as, SQL and Python. Familiarity with JSON is an asset.
Excellent verbal and written communication skills
Excellent time / project management and multitasking skills with minimal supervision.
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 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 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 a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. Learn more (http://www.td.com/ca/en/about-td/who-we-are/benefits-of-working-at-td)
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.
Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.
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. 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 & 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
Your accessibility is important to us. Please let us know if you’d like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.
We look forward to hearing from you!
Language Requirement (Quebec only):
Sans Objet
Federal law prohibits job discrimination based on race, color, sex, sexual orientation, gender identity, national origin, religion, age, equal pay, disability and genetic information.
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