Senior Credit Risk Analyst (ATH 5209)

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

Risk Management

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:

Department Overview

Retail Risk Management is responsible for the development and execution of risk strategies and initiatives that assist our key business partners in achieving growth and profitability while maintaining the overall risk quality of lending portfolios.  As part of RRM, the Credit Allowance Forecasting and Analysis team is responsible for Credit Loss Allowance across all Retail product portfolios.  The mandate includes ownership of consolidated credit loss reporting, allowance forecasting and oversight of the Expected Loss models used for IFRS9 allowance, and analysis and insight on loss performance to ensure sufficient reserve set aside for Canadian Retail exposures. 

Job Description

The primary function of this position includes performing IFRS 9 Expected Credit Loss (ECL) Analysis and Forecasting for TD Canadian Retail Credit Products.  The role works closely with Retail Risk Management, Model Development & Model Validation, Model Monitoring, several internal and external control partners, and regulators with the following key accountabilities:  

• Lead the comprehensive ECL analysis for Retail Products, including attribution of key drivers, variable impact, and explanation of variances to inform management decision to ensure risks are only being taken that we understand
• Develop and maintain credit loss estimate techniques to support key allowance methodology development
• Work with our Risk Management and Product partners to research and develop value added analysis
• Support all Risk business partner inquiries and analysis pertaining to ECL
• Support the management adjustment process, a key process in the ECL reporting and forecasting
• Be able to use analytical skills and business intuition to understand the scale of risk, identify risk trends, explain drivers to non-technical audience, and recommend a course of action.
• Establish, maintain, and improve the management review and governance control framework to meet audit and accuracy standards
• Support the ECL forecasting and planning methodology
• Continue improving the BAU processes to support of IFRS9 reporting & forecasting.

Job Requirements

• Post-secondary degree in a quantitative field such as Mathematics, Statistics, Economics, Computer Science and Engineering would be an asset
• Knowledge in retail banking products, IFRS9 framework, allowance calculation, predictive modelling and forecasting is a definite asset
• Excellent working knowledge and hands-on experience using Python, SAS and SQL in the context of data manipulation, data mining, and analysis
• Good working knowledge of various AI tools for process enhancement is an asset
• Demonstrated strong analytical, and problem-solving skills
• Excellent verbal and written communication skills
• Solid time management, organizational and multi-tasking skills
• Able to learn new concepts and techniques quickly
• Advance skills in Excel, Word, and PowerPoint combined with Copilot experience
• Must be a good team player

Who We Are:

TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we strive to make every interaction, product, and experience remarkably human and refreshingly simple for over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience. TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing. Together, we are reimagining what banking can be for our clients, colleagues and communities.

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