Senior Manager, Advanced Analytics (Quants)

Work Location:CanadaHours:37.5Line of Business:Analytics, Insights, & Artificial IntelligencePay Details:We’re committed to providing fair and equitable compensation to all our colleagues. As a candidate, we encourage you to have an open dialogue with a member of our HR Team and ask compensation related questions, including pay details for this role.Job Description:Department DescriptionTD Model Validation (MV) group is part of the Model Risk Management (MRM) group and is responsible for the independent validation and approval of analytical models used for across a large range of use cases (risk, capital evaluation, marketing, stress-testing etc.).Job DescriptionThe successful candidate will be a member of the Non-Retail Model Validation group responsible for validating Pre-Provision Net Revenue (PPNR) stress-testing models used across the US and Canadian non-retail businesses. The position reports to the Head of Non-Retail Model Validation.Detailed accountability includes:

Manage the model validation team responsible for the validation of stress-testing models (focus on Pre-Provision Net Revenue) used for Dodd-Frank Act Stress Tests (DFAST), Enterprise-Wide Stress-Testing (EWST) and Macro Stress-Testing (MST).

Ensure that all model validation deliverables (initial / ongoing validation, annual model review, and overlay review) are met timely in accordance with the Model Risk Management Policy requirements and stress-testing standards.

Present and defend model validation outcomes to model owners, model users, business units, auditors, and regulators.

Build and monitor capacity planning of the team and third-party vendors.

Lead discussions with the model owners, model developers and third-party vendors and provide subject-matter expertise where required.

Lead strategic initiatives to improve model lifecycle processes (e.g., model landscape rationalization, standardization of activities, process optimization and automation)

Stay current with regulatory expectations, industry trends and best practices in stress-testing and model risk management. Share knowledge with business partners and senior management.

Support on model governance topics as needed (model inventory system updates, monitoring review, procedures updates, external communication etc.)

Build and develop the stress-testing model validation team while fostering a culture of diversity, inclusion, continuous improvement and quality excellence

Job Requirements

6+ year experience in model validation and / or model development within the banking or financial services industry.

3+ year experience in the validation or development of stress-testing models with a focus on Pre-Provision Net Revenue models used in the US (e.g., CCAR/DFAST) and / or in Canada (MST and EWST).

Advanced degree in one or more of the following areas: Finance, Financial Engineering, Mathematics, Statistics and / or Econometrics.

Excellent analytical and conceptual problem-solving skills, with ability to navigate under uncertainty.

Effective time management and multitasking skills.

Proficient in at least one of the following programming languages: Python, R, MATLAB and SAS.

Excellent written and oral communication skills, with the ability to articulate complex concepts and write comprehensive technical documents.

Strong leadership skills, including managing / leading teams with technical background, developing / coaching talent, giving constructive feedback and facilitating meetings.

Ability to collaborate effectively and respectfully with stakeholders of different backgrounds.to create impact.

Preferred

CFA / CAIA / FRM / PRM

Project Management certification is a plus.

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 deliver legendary customer experiences to 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 the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues.TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you’ve got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we’re here to support you towards your goals. As an organization, we keep growing – and so will you.Our Total Rewards PackageOur 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 (http://www.td.com/ca/en/about-td/who-we-are/benefits-of-working-at-td)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.Colleague DevelopmentIf 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. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD – and we’re committed to helping you identify opportunities that support your goals.Training & OnboardingWe will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.Interview ProcessWe’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.AccommodationYour 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 ObjetFederal law prohibits job discrimination based on race, color, sex, sexual orientation, gender identity, national origin, religion, age, equal pay, disability and genetic information.