Td Bank Manager Advanced Analytics Quants 

Canada, Ontario, Toronto 

933687350

Toronto, Ontario, CanadaAnalytics, Insights, & Artificial Intelligence

Department Overview

The Model Validation (MV)group in Enterprise Risk, Risk Management is responsible for the independent validation and approval of allanalytical models used for pricing, hedging and risk and capital evaluation of financial products and portfolios of financial products.

Job Description

The position reports to Senior Manager, Advanced Analytics – Liquidity Risk Management Model Validation

Detailed accountabilities include:

• Independently validatethe Liquidity Risk Management (LRM) models developed or owned by TD Treasure and Balance Sheet Management (TBSM) group.

  • Develop an effective and efficient validation testing plan based on structure / design of different aggregation system and complete validation in time to support various Liquidity Risk Management initiatives and regulators' (i.e. OSFI, Fed's, OCC, and EBA) requirements.

  • Assess soundness of the model design and modelling data quality, conduct validation testing to assess model implementation accuracy and model performance, and assess the adequacy of model governance /controls according to the validation testing plan

  • Have an effective communication with different stakeholders from 1st line and in-time solve model limitations / issues to meet validation lead time target.

  • Prepare high quality model validation reports with adequate information and justification to support validation conclusions and Audit / regulator review / assessment of validation process and validation analysis.

• Recommend the approval of the models or other corrective actions based on the independent vetting and validation.

• Maintain full professional knowledge of techniques and developments in the quantitative analysis in LRM & liquidity risk reporting and share knowledge with business partners and senior management.

• Assume a subject matter subject (SME) role to support developing standards and procedures for vetting and validation that are compliant with the Bank’s internal Model Risk Policy, adhere with industry best practices, and meet regulatory requirements.

• Instruct / support junior validators in internal team for different LRM model validations

• Support to prepare responses to requests from both Canadian and U.S. regulators, internal and external audit in their review/audit of risk models and vetting/validation process and procedures.

• Work effectively with internal model development group, Audit, and other internal partners to ensure risk models meet required Bank standards for use.

Job Requirements

• Advanced quantitative skills with post-secondary degree in one or more of the following areas: finance, financial engineering, statistics, economics / econometrics, mathematics

• Solid knowledge of financial products / portfolios regarding cash flow pattern and requirement, key factors impacting cash flow, and their pricing / valuation approach as well as financial / regulatory reporting in liquidity risk management

• 2 years + Experience in either developing or validating large TBSM reporting systems in liquidity risk management

• Proficient in relevant programming languages such as, SAS in MLE, SQL, and Python. Familiarity with JSON is an asset.

• Excellent verbal and written communication skills

• Excellent time / project management and multitasking skills with minimal supervision.

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.

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. 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.

We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.

Sans Objet