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 be a member of the Model Risk Governance group responsible for developing and maintaining Model Risk Management Policy, Procedures, Guidelines and Templates. The position reports to the Global Head of Model Risk Governance.

JOB REQUIREMENTS:

• 5+ year of relevant experience across model lifecycle (e.g., development, validation, governance, implementation, monitoring) with a focus on governance, within the banking or financial services industry.
• Advanced degree in one or more of the following areas: Business Management, Economics, Finance, Mathematics, Risk Management or Statistics.
• Exceptional written and verbal communication skills, with the ability to 1) articulate complex concepts and write technical documents, and 2) adapt communication depending on the audience.
• Excellent conceptual problem-solving skills
• Ability to work in a fast-paced environment and manage multiple deadlines at once.
• Ability to work collaboratively in a team environment and effectively with people at all levels in an organization
• Knowledge of regulatory guidance on model risk management and banking regulation.
• Experience in writing policies and procedures.
• Proficient and highly efficient with Word, PowerPoint and Excel.

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, implement, and maintain model risk management policy, procedures, and templates to ensure consistent and effective model management.
• Identify opportunities to enhance model development, validation and monitoring governance and controls both from an efficiency and effectiveness point of view (standardization of activities, adoption of risk-based approaches, streamlining of processes etc.)
• Work closely with stakeholders across line of defenses (e.g., business units, model developers, model validation, and audit) to understand their needs and syndicate changes in Policies, procedures and standards.
• Work with Model Risk Governance colleagues to ensure a successful implementation of documents updates (training, inventory and workflow tool update etc.) and change management process
• Communicate to senior executives and third-parties changes with view on the impact / implications across the organization and benefits realized