TD Bank

Modelling / Forecasting Senior Analyst (Quants)

TD Bank$75K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in Business Intelligence, Reporting, or Data Visualization.
  • Strong programming skills in MS VBA and Python.
  • Advanced knowledge of SAS or other data analytical languages like SQL and R.
  • Proficient in analytical and reporting software, particularly MS Excel and PowerPoint.
  • Familiarity with Credit Risk Parameter Models (PD/EAD/LGD) and relevant banking concepts like capital reserves.

Responsibilities

  • Monitor performance of models used for allowance and stress testing.
  • Collaborate with Modeling analysts for model process alignment.
  • Support audits and validations of monitoring processes.
  • Generate and automate performance reports and presentations.
  • Ensure compliance with predefined accuracy and efficacy standards.

Benefits

  • Development opportunities and skill enhancement.
  • Supportive culture promoting career progression.
  • Open dialogue regarding compensation with recruiters.
  • Exposure to cross-functional and global teams.
  • Engagement in significant regulatory compliance initiatives.
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:

Seeking a detail-oriented analyst to join Retail Model Performance Monitoring team. In this role, one will be responsible for monitoring the performance of various models used for allowance and stress testing, ensuring they meet predefined accuracy and efficacy standards. The ideal candidate will possess strong quantitative skills, programming/automation techniques and ability to collaborate with cross-functional and multi-geographical location teams.

Key Responsibilities:
  • Monitor performance of PD/EAD/LGD models used for various regulatory usage
  • Collaborate with Modeling analysts to align model process logic and data treatment.
  • Support regular audits and validations of monitoring processes.
  • Generate and automate reports and presentations summarizing performance metrices, actions and recommendations.

Skills and Qualifications:
  • Proficient PC skills including a strong competency in MS Excel and PowerPoint, and a variety of analytical and reporting software packages
  • Strong programming skills that enables process automation, i.e. MS VBA, Python.
  • Advanced knowledge of SAS programming or other mainstream data analytical languages i.e. Python, SQL, R. SAS certification a plus
  • Ability to navigate multiple data warehouse platforms and different data environments
  • Understanding of Credit Risk Parameter Models PD/EAD/LGD and concepts of capital reserves, RWA and allowance a strong plus.
  • Strong analytical and program solving skills are required to interpret data and draw conclusions
  • Excellent written and verbal communications skills


Additional Requirements:

3-5+ years in Business Intelligence, Reporting or Data Visualization experiences, related certificate is an asset
  • Candidate should have knowledge of the Banking industry
  • Experience or knowledge with retail lending and accounting standard for credit loss a plus


Language Requirement (Quebec only):
Sans Objet

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
Net Income
-$6.9 million
5 Year Trend
+6.6%

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