Modelling / Forecasting Senior Analyst (Quants)

at  TD Bank

JOB DESCRIPTION

The NRMD group is hiring a Modelling/Forecasting Senior Analyst to develop, enhance, and implement credit risk models for non-retail portfolios. Detailed responsibilities are as follows:

• Develop PD, LGD and UGD models for DFAST, EWST, CECL and IFRS9 usage;
• Design econometric models to explore relationships between credit losses and the macroeconomic environment;
• Design mathematical and statistical algorithms to enhance existing models;
• Conduct applied research for credit risk modeling;
• Perform ad hoc analyses as required by management and other business partners;
• Participate in design, planning, implementation and testing of various modeling initiatives;
• Collaborate with non-retail teams and participate in cross-functional projects as needed;
• Produce and maintain well-articulated documentation on above;
• Write and maintain robust code for performing the above functions.

REQUIREMENTS

• Graduate degree in a quantitative field, such as Applied Econometrics, Economics, Mathematics, Statistics, Actuarial Science, Computer Science or Physics.
• Strong background in data-driven statistical modeling, supervised learning, unsupervised learning and discriminative models.
• Strong theoretical and numerical background.
• Programming experience in SAS, Python or MATLAB is strongly preferred.
• Knowledge of coding standards and object-oriented programming.
• Experience working with relational databases and SQL.
• Strong interest and ability to undertake applied research.
• Out-of-the-box thinker and enthusiastic in solving problems.
• Strong written and verbal communication skills.
• Ability to work in a multi-disciplinary team setting.
• Strong work ethic and adaptable to changing priorities.

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.

• Develop PD, LGD and UGD models for DFAST, EWST, CECL and IFRS9 usage;
• Design econometric models to explore relationships between credit losses and the macroeconomic environment;
• Design mathematical and statistical algorithms to enhance existing models;
• Conduct applied research for credit risk modeling;
• Perform ad hoc analyses as required by management and other business partners;
• Participate in design, planning, implementation and testing of various modeling initiatives;
• Collaborate with non-retail teams and participate in cross-functional projects as needed;
• Produce and maintain well-articulated documentation on above;
• Write and maintain robust code for performing the above functions