TD Bank

Modelling / Forecasting Senior Analyst (Quants)

TD Bank$81K — $115K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Undergraduate degree in business, finance, risk management, economics, analytics, or related discipline.
  • Relevant experience in risk management, governance, controls, compliance, audit, or program coordination in financial services.
  • General understanding of model risk management and a desire for further expertise in the field.
  • Strong communication, organization, problem-solving, and stakeholder coordination skills.
  • Proficiency in Microsoft Office; experience with governance or model inventory tools is a plus.
  • Ability to work across Canada and the United States; familiarity with RCM, RCSA, and stress-testing readiness is an asset.

Responsibilities

  • Coordinate U.S. MRM Governance activities from planning to execution and reporting.
  • Support recurring programs like governance reporting, issue management, and regulatory change.
  • Aid in DFAST and stress-testing readiness by monitoring progress and documentation.
  • Collaborate with various stakeholders to clarify requirements and timelines.
  • Identify delays and emerging risks and escalate issues as necessary.
  • Track mitigation and remediation efforts, promoting accountability for timely resolutions.
  • Prepare status reports and governance communications for management.

Benefits

  • Health and well-being benefits.
  • Savings and retirement programs.
  • Paid time off and banking benefits.
  • Career development opportunities and mentoring programs.
  • Reward and recognition programs.
Full Job Description
Work Location:
Toronto, Ontario, Canada

Hours:
37.5

Line of Business:
Analytics, Insights, & Artificial Intelligence

Pay Details:
81,600 - 115,200 CAD

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:

Model Risk Management for TD's U.S. operations (U.S. MRM) supports the effective oversight of model risk across the U.S. businesses and is comprised of two core functions: Model Validation and Model Risk Governance. Model Validation provides independent review and challenge of models, while Model Risk Governance supports the operating framework, controls, reporting, and oversight routines for the U.S. model risk program. This Canada-based position sits within the Model Risk Governance team and is dedicated to supporting the U.S. MRM portfolio, while collaborating with Enterprise MRM and other stakeholders across Canada and the United States.

Job Description:

The Senior Risk Analyst, Model Risk Governance, is a Canada-based role supporting governance activities across TD's U.S. Model Risk Management portfolio. The role is suited to a risk professional who combines an understanding of model risk with strong execution, coordination, judgment, and communication. The successful candidate will work with stakeholders across Canada and the United States and contribute to visible, enterprise-level risk management activities.

The successful candidate will coordinate recurring governance deliverables-including RCM, RCSA, reporting, issue management, controls, policy and framework maintenance, model inventory and attestation, regulatory change, and DFAST and stress-testing readiness-and will identify risks, coordinate mitigation, and escalate issues as needed. As priorities evolve, the role will support additional programs where MRM has governance, oversight, reporting, control, or compliance responsibilities.
  • Coordinate assigned U.S. MRM Governance activities from planning and stakeholder alignment through execution, reporting, evidence retention, and completion.
  • Support recurring programs including RCM, RCSA, governance reporting, issue management, controls, policy and framework maintenance, model inventory and attestation, regulatory change, and other compliance initiatives.
  • Support DFAST and stress-testing readiness by monitoring deliverables, dependencies, documentation, review progress, controls, inventory reconciliation, and gating matters.
  • Work across Model Validation, Model Owners, first-line stakeholders, governance and control partners, Compliance, Operational Risk, and Enterprise MRM to clarify requirements, ownership, dependencies, and timelines.
  • Monitor progress against commitments and identify delays, documentation or control gaps, emerging risks, and matters requiring escalation.
  • Coordinate mitigation and remediation follow-up, track actions and due dates, and promote accountability for timely resolution.
  • Prepare clear status reports, dashboards, committee materials, and governance communications for management and other stakeholders.
  • Maintain auditable records and help improve reporting, controls, procedures, role clarity, and governance processes.


Job Requirements:
  • Undergraduate degree in business, finance, risk management, economics, analytics, or a related discipline.
  • Relevant experience in risk management, governance, controls, compliance, audit, or program coordination within financial services.
  • General understanding of model risk management and an interest in developing further expertise.
  • Strong communication, organization, problem-solving, and stakeholder-coordination skills.
  • Proficiency with Microsoft Office. Experience with governance, workflow, reporting, or model inventory tools is an asset.
  • Ability to work effectively across Canada and the United States. Experience with RCM, RCSA, controls, regulatory change, governance reporting, model inventory, or stress-testing readiness is an asset.


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

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.

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 & 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

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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