JOB DESCRIPTION

Reporting to the Manager, Non-Retail Model Development, the Senior Analyst will lead the development of Non-Retail Credit Risk Rating models .

• Participate in the development, tuning, and documentation for new or amended Borrower Risk Rating (BRR), Facility Risk Rating (FRR), and Expected Loss (EL) models
• Engage with working groups of subject matter experts to ensure that all credit risk models are current per best industry practices and standards
• Review and understand risk rating methodologies of public rating agencies (Moody’s, S&P, Fitch, DBRS) and identify potential gaps with internal models
• Create and manipulate extensive data spreadsheets for the purpose of model tuning, stress and sensitivity testing
• Conduct extensive Business Acceptance Testing to ensure that models meet design specifications
• Support Annual Model Review and Model Validation schedules as required, including data and documentation preparation
• Work closely with Credit Risk Policy in the launch of new initiatives or reviews, and work extensively with TDBNA to ensure enterprise-wide models are consistent cross-border
• Complete ad hoc analysis in a timely manner as requested

REQUIREMENTS

• A university degree in Finance, Economics, Statistics, or a related discipline. A relevant professional designation (MBA, FRM, CFA) will be considered a plus
• Proficiency in MS Excel, SQL and Python in the context of data manipulation, data mining, statistical analysis, and predictive modelling
• 3+ years of progressive work experience in commercial/corporate banking function or other credit risk areas
• Strong communication skills (both written and verbal), ability to effectively present technical, business, and project management subjects to senior stakeholders
• Working knowledge of non-retail credit risk rating methodologies and Basel parameters (PD, LGD, EAD)
• Strong problem-solving skills, ability to independently identify and solve problems in an efficient and timely manner

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.

Please refer the Job description for details