Work Location:Toronto, Ontario, Canada
Hours:37.5
Line of Business:Analytics, Insights, & Artificial Intelligence
Pay Details:$96,900 - $136,800 CAD
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:The Manager, Business Insight Specialist within Enterprise Stress Testing, Treasury and Balance Sheet Management, will have the responsibilities of using models to forecast Pre-Provision Net Revenue (PPNR) for the wholesale banking segment, including the trading portfolio and non-trading businesses such as Corporate and Investment Banking. The financial models are primarily used for stress testing purposes to support the Bank's capital planning and assessment process. Model development activities are also governed by TD's standards, policies, and procedures.
Stress testing is a critical component of the Bank's risk management practices, which informs and enhances its ability to manage stress conditions and assess its capital adequacy level. It evidences TD's ability to withstand significant market stress by continuing to provide banking services to customers. We participate in Enterprise-wise Stress Testing (EWST), Dodd-Frank Act Stress Tests (DFAST), Macro-economic Stress Testing (MST) and other enterprise or region-specific programs.
This role requires general statistical knowledge, financial analysis skill sets and understanding of wholesale banking businesses. You will be working with a variety of partners and stakeholders across the Bank, including the line of business (LOB), finance, risk and governance.
Primary Accountabilities- Responsible for stress testing model execution in line with established playbook
- Analyze results and understand outputs' reasonability & intuition
- Perform aggregation of results and exercise reconciliation & control
- Develop presentation material and narratives to drive for business insight
- Present the results for review and approval by LOB and senior management of wholesale businesses & challenge function groups
- Execute all required control procedures and maintain a strong control environment for stress testing processes based on program requirements and standards
- Develop aggregation models or processes as necessary, including required documentation.
- Lead or support projects to investigate issues and identify solutions
- Continuously strive for improvement and automation in the processes
- Provide support to governance activities as required
- Ad hoc initiatives or projects as required
- Develop SOP for each task executed during cycle and cross train with team member for various models
- Work with Model Lifecycle Environment developer team to review model implementation in SAS and debug issue during model execution
- Work in PowerBI to enhance analytics capability of results for stress testing cycle
Qualifications / Skills / Experience- Demonstrated skills in communicating complex issues and financial analysis to a diverse audience
- Must be proficient with quantitative analysis tools and concepts
- Ability to manage deadlines, multiple tasks and adapt well to changing priorities
- Must be curious and analytical to understand new concept quickly
- Working knowledge of SAS and / or Python
- High degree of proficiency in Microsoft Excel, PowerPoint and Word, PowerBI
- Experience in supporting wholesale businesses and knowledge of wholesale products and processes
- Strong accounting or finance background, with the ability to read, understand, and interpret balance sheets and income statement
- Knowledge of wholesale stress testing processes an asset
- Strong proven ability to work in a team, provide training, fostering a positive and rewarding work environment
- 7+ years of relevant experience
Nice to have- CFA/FRM certification is preferred
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 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
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.
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.
If you're passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact.
We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best.
Training & OnboardingWe 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
