TD Bank

Manager, Advanced Analytics (Quants)

TD Bank • $90K — $120K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
5 - 7 years of experience
2 days ago
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Job Overview by Ladders

Qualifications

  • 5+ years of relevant work experience, ideally in financial services
  • Strong detail orientation with a focus on accuracy in reporting
  • Proficient analytical skills for managing complex datasets
  • Programming experience in SQL, VBA, Python, or similar languages
  • Experience in managing senior executive committees and presentations
  • Ability to multitask and self-manage timelines in a fast-paced setting
  • Collaborative stakeholder management across cross-functional teams
  • Undergraduate degree in quantitative discipline, graduate degrees preferred
  • Excellent written and verbal communication skills
  • Understanding of global model risk regulations useful.

Responsibilities

  • Lead quarterly model risk dashboard reporting across the organization
  • Oversee regulatory submissions, focusing on quantitative analysis
  • Manage automated reporting processes and identify automation opportunities
  • Assist senior executives with agenda setting and presentation preparation
  • Identify and report existing and emerging model risks
  • Collaborate with stakeholders to integrate model risk practices effectively
  • Facilitate accurate data collection and processing for reporting purposes.

Benefits

  • Comprehensive training and skill development opportunities
  • Fair and equitable compensation practices
  • Opportunities for career progression within the organization
  • Supportive work environment fostering collaboration and communication
  • Access to a range of resources for professional growth and development.
Full Job Description
Work Location:
Toronto, Ontario, Canada

Hours:
37.5

Line of Business:
Analytics, Insights, & Artificial Intelligence

Pay Details:

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 Description:

TD Model Risk Governance (MRG) group is part of the Model Risk Management (MRM) group and has the global oversight of developing, maintaining, and enforcing model risk management policies and frameworks, ensuring that our model risk management practices address regulatory requirements / expectations across various jurisdictions and aligns with industry leading practices

Job Description:

The successful candidate will join the Model Risk Governance group and support strategic activities such as enterprise-wide Model Risk Reporting, Regulatory Submissions, Managing Automated Processes and Executive Committee Management. The position reports to the Senior Manager overseeing these activities. Detailed accountability includes (but not limited to):
  • Model Risk Reporting: Responsible for planning and leading quarterly model risk dashboard reporting across the organization, which requires detailed understanding of model risk drivers, as well as a high level of detail orientation and analytical ability (similar to required for financial reporting), as well as ability to leverage and manage large and complex datasets.
  • Regulatory Submissions: Responsible for leading regulatory submissions, including quantitative submissions which require high level of detail orientation and analytical ability as well as ability to leverage and manage large and complex datasets.
  • Managing Automated Processes: Manage multiple automated reporting processes leveraging prior programming and automation experience. Identify additional automation opportunities and lead the design and implementation.
  • Executive Committee Management: Assist Senior Executives in setting agendas, producing presentation materials and tracking action items for relevant Committees / Forums, as well as presenting to senior executives and at committee meetings.
  • Identification and Reporting of Existing and Emerging Model Risks: Leverage deep understanding of model risk and work with the 1st Line of Defence to understand and identify potential model risks associated with the models / processes, and leverage the Issues Management Framework to issue findings if gaps are identified, and report on and track findings.
  • Stakeholder Management: Work closely with stakeholders across lines of defenses (e.g., business units, model developers, model validation, and audit) to understand their needs and syndicate changes in model risk practices. In particular, collaborate with Model Risk Management Model Inventory Management team to facilitate accurate and comprehensive data collection and processing required in regular and ad hoc reporting. This requires the incumbent to be in the Toronto office.


Job Requirements:

Minimum required experience
  • Experience: 5+ years of relevant work experience, preferably in the financial services industry. Prior reporting experience is an asset.
  • Detail Oriented: Model risk dashboards are escalated to various oversight committees, including the risk committee of the board, and as such accuracy of the information in dashboards is extremely important. Demonstrated ability in producing similar reporting is critical.
  • Analytical Skills: Demonstrated ability in analyzing and managing complex data and identifying gaps while leveraging automation opportunities is essential to the role.
  • Programming Skills: Given that the incumbent will manage multiple automated processes, demonstrated experience in programming skills (SQL, VBA, Python, etc.) to leverage automated process and identify and execute additional automation opportunities is essential.
  • Executive Committee Management: Demonstrated ability in managing senior executive committees, including setting agendas, producing presentation materials and tracking action items for relevant Committees / Forums, as well as extensive experience in presenting to senior executives and at committee meetings.
  • Multi-tasking: A wide range of tasks will be delegated to the manager. Demonstrated ability to self-track timelines and manage multiple deliverables within tight turnaround times in a fast-paced environment is key.
  • Stakeholder Management: Experience working collaboratively with cross-functional teams (e.g., business, model development, compliance, data risk management, and model risk management), and effectively and efficiently managing all stakeholders to achieve objectives.
  • Education: Undergraduate degree in a quantitative discipline (finance, accounting, economics, risk management, mathematics, statistics, operations research, physics, computer science, engineering, etc.). Graduate degrees in these fields are preferred.
  • Excellent Communicator: Excellent writing and presentation skills as well as drafting top-down communication are pertinent, as well as a proven ability to coordinate with various stakeholders. Ability to analyze complex data and articulate ideas concisely through dashboards, committee decks etc. is important.
  • Additional Skills: Excellent conceptual problem-solving skills and demonstrated proficiency in Microsoft Office and leveraging Copilot are essential. Understanding of global model risk regulations is important.

Preferred
  • CFA / FRM / PRM
  • Consulting experience

About TD Bank

TD Securities offers a range of advisory and capital market services to its clients. The company's range of services includes research, investment banking, capital markets, and global transaction banking. Research consists of commodity and equity research. Investment banking consists of mergers, acquisitions, industry expertise, and credit origination. Global transaction banking consists of trade finance, cash management, and correspondent banking. TD Securities was founded in 1855 and is based in Ontario.

TD Bank Careers

Join the vibrant team at TD Bank, one of North America's leading financial services organizations, where innovation, leadership, and growth go hand in hand. At TD Bank, we are committed to fostering a culture of diversity and inclusion, making it an ideal place for ambitious professionals to thrive. Work You’ll Do At TD Bank, your professional journey is bolstered by a robust support system. From your first interview to every career milestone, you will find opportunities for growth and leadership. Our team is dedicated to helping you develop the skills necessary for success in the ever-evolving financial sector. TD Bank offers a variety of job opportunities across multiple fields, from customer service to investment banking. Each position at TD Bank is a chance to contribute to our culture of innovation and exceptional client service. Internship Programs Kickstart your career with a TD Bank internship. Our programs provide invaluable industry exposure and hands-on experience, making them a perfect starting point for students and recent graduates eager to make their mark in the banking industry. Interns at TD Bank enjoy the unique opportunity to work alongside seasoned professionals, gaining insights that are crucial for future employment. Benefits and Growth TD Bank is deeply committed to the well-being and continuous growth of our team members. We offer competitive benefits packages that cover health, finance, and family care. Our employees enjoy comprehensive health insurance, retirement plans, and generous paid time off, among other perks. Moreover, TD Bank encourages professional development through various training programs, including leadership development and diversity training. These initiatives ensure that our team remains at the forefront of industry standards and best practices. Join Our Team Explore the numerous career paths available at TD Bank and discover how your skills and interests align with our mission. We are actively hiring and continually looking for talented individuals who are passionate about banking and customer service. Networking and Professional Development At TD Bank, we believe in the power of networking and collaboration. Our employees have access to a wide range of networking events, workshops, and seminars that promote career development and professional growth. These platforms not only enhance your professional skills but also expand your industry connections. Stay Connected Keep up to date with the latest at TD Bank Careers by subscribing to our job alert emails. Tailor your subscription to match your career preferences and get the latest news, insider tips, and job opportunities delivered straight to your inbox. Explore job opportunities at TD Bank and be part of a team that values hard work, creativity, and a diverse workplace culture. Your next great career move is just a click away. SEARCH TD BANK JOBS Join us at TD Bank and let your ambition lead you to a rewarding career filled with opportunities to learn, grow, and innovate.
Learn more about TD Bank
Size
90,000 employees
Market Cap
$117.9 billion
Industry
Finance & Insurance
Net Income
-$6.9 million
5 Year Trend
+6.6%
* Ladders Estimates

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