TD Bank

Senior Analyst, ECL Staging - Model Management and Analytics (4986)

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

Qualifications

  • 5-7 years of experience in risk management or a related field
  • Strong knowledge of IFRS 9 and ECL reporting requirements
  • Proficiency in data analysis tools like SAS, SQL, or Python
  • Excellent interpersonal and communication skills
  • Experience with audit, regulatory, or SOX reviews
  • Undergraduate degree in Finance, Statistics, Economics, or Computer Science; postgraduate preferred
  • Relevant certifications (PRMIA, GARP, CPA) are advantageous

Responsibilities

  • Develop understanding of ECL reporting under IFRS 9
  • Collaborate with teams to gather requirements for ECL data staging
  • Ensure accurate and timely staging of model risk parameters
  • Assist in analyzing expected loss and provision estimates
  • Capture periodic model updates in staging processes
  • Document assumptions and adjustments related to data inputs
  • Support audit reviews and compliance attestations

Benefits

  • Opportunities for professional development and advancement
  • Collaborative work environment with multi-departmental exposure
  • Involvement in significant regulatory processes
  • Work in a dynamic, fast-paced setting
  • Potential for impactful contributions in credit risk management
Full Job Description

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

Risk Management

Pay Details:

81,600.00 - 115,200.00 CAD

Job Description:

Department Overview

The Model Management & Analytics (MMA) team within the Model Development area is responsible for the development, maintenance, and execution of retail regulatory credit risk and Risk-Weighted Asset (RWA) reporting processes, as well as ongoing operations supporting expected credit loss provisioning under IFRS9.

Job Description

Reporting to the Sr. Manager, Capital Reporting and ECL staging of MMA, this role will work closely with the Model Implementation team, Loan Loss Analysis and Reporting team, Enterprise Risk Management and several other internal and external business partners.

Key Accountabilities include:

  • Develop an in-depth understanding of the regulatory requirements of ECL reporting under IFRS 9.
  • Work proactively with multiple teams to gather requirements and support the data migration work related to ECL data staging
  • Work proactively and effectively with internal and external teams including MMA Model Implementation team, Enterprise Risk Management, and other supporting technology partners and ensure all the necessary inputs, including model risk parameters are staged into the expected loss calculator (gCLAS) accurately and in a timely manner.
  • Assist the Credit Risk Forecasting and Allowance team in analyzing the expected loss and provision estimates by providing trend information on various inputs.
  • Ensure periodic model updates and product system related changes are captured in the staging process without delays and issues.
  • Work with the Model Implementation team and technology support teams to understand and document the assumptions, exclusion and adjustments related to the staging of various inputs.
  • Support the team with internal and external audit reviews and compliance attestations.

Job Requirements

  • Superior multi-tasking skills and the ability to work in a fast-paced, often deadline-oriented and dynamic environment.
  • Experience working in both operational and project environments.
  • Good interpersonal skills to build and maintain productive working relationships with various business partners across the Bank and at different levels of organization.
  • Strong problem-solving skills, ability to independently identify and solve problems in an effective and timely manner.
  • Strong communication skills (both written and oral).
  • Strong ability to manage productive relationships with business partners and stakeholders.
  • Experience with audit/regulatory/SOX reviews.
  • Have a good understanding of the basic drivers of retail credit risk, regulatory capital or ECL concepts.
  • Strong working knowledge with preferably three or more years of hands-on experience using SAS, SQL or Python.
  • High proficiency in Microsoft applications (Excel, Word, and PowerPoint).
  • Knowledge of IFRS and how it is applied would be an asset.

Additional Information

  • Undergraduate degree in Finance, Statistics, Economics, Computer Science or similar disciplines.  Postgraduate degree would be an asset.
  • PRMIA, GARP, CPA or similar accreditation is also considered an asset.
  • SAS Certification is considered as an asset.

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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