Manager, Advanced Analytics (Quants)

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

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