Senior Quantitative Analyst (US) Model Validation

at  TD Bank

EDUCATION & EXPERIENCE:

• Undergraduate degree required, advanced technical degree preferred (e.g., math, physics, engineering, finance or computer science) Graduate’s degree preferred with either progressive project work experience or
• 3+ years relevant experience, In-depth knowledge of quantitative models and statistical analysis
• Ability to effectively interpret, select appropriate techniques, take independent action, communicate, and follow-through
• Strong communications skills, both written and verbal
• Strong interpersonal and consultative communication skills with well-developed presentation skills
• Ability to manage competing priorities effectively, making good decisions based on business priorities and objectives
• Practical knowledge of financial analysis techniques and methodologies
• Ability to employ complex analytical tools and statistics to perform analysis and forecasting of financial and other business information
• Proficiently use Microsoft Office tools to prepare and present analysis results to the audience
• Advanced skills in SAS and SQL
• Advanced level in statistical analysis and modeling tools
• Ability to exercise sound judgment in making decisions
• Ability to analyze complex information and develop plans to address identified issues
• Demonstrated skills in conflict resolution, strong intuitive judgment and negotiation/influencing skills, flexibility and adaptability to changing priorities in a fast-paced environment, along with a strong consultative approach
• Skill in collecting, organizing and analyzing complex or technical data
• Skill in using logic and reasoning to identify the strengths and weaknesses of alternative situations, conclusions or approaches to problems
• Skill in active learning by understanding the implications of new information for both current and future problem solving and decision making
• Skill in identifying complex problems and reviewing related information to develop and evaluate options and implement solutions
• Skill in decision making by considering relative costs and benefits of potential actions and choosing the most appropriate option
• Ability to determine which issues to escalate versus to resolve independently, and provide suggestions for possible resolution
• Ability to combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events)
• Ability to evaluate documents for accuracy and legal conformance
• Ability to anticipate and diffuse problems before they occur
• Ability to conduct short-range and long-range business planning
• Ability to develop objectives, evaluate effectiveness and assess needs
• Ability to recognize, analyze and solve a variety of problems
• Ability to identify problems, evaluate alternatives and implement effective solutions
• Ability to implement new systems and procedures and to evaluate their effectiveness
• Ability to problem solve a variety of situations
• Ability to contribute to strategic direction of the function and provide advice to senior leadership
• Ability to think strategically and possess strong business acumen

PREFERRED QUALIFICATIONS

• Will consider 2+ years relevant experience, strong candidate with 2+ years may be considered at a junior analyst level
• Graduate degree in Statistics, Actuarial Sciences, Econometrics, Computer Science, or other related quantitative fields.
• Strong statistical background and excellent analytical and problem solving skills with a graduate degree in a quantitative area
• Experience with predictive model development, financial stress testing, credit scoring, and/or AI/ML modeling
• Hands-on experience with Python, R, or SAS is a must
• Excellent technical writing skills
• Familiarity with retail banking products, customer behaviors, stress testing, and credit risk management is a definite asset
• Excellent verbal and written communication skills
• Good time management and multitasking skills
• Quick learner who grasps new concepts and techniques quickly
• Must be a good team player

CUSTOMER ACCOUNTABILITIES:

• Develop and enhance quantitative pricing models
• May lead additional research efforts, applying expertise in quantitative analysis and modeling
• Write computer code to implement new pricing models and enhancements to existing models
• Work with trading desks to perform analysis of financial markets using quantitative models
• Work with trading desks and risk management to perform analysis of financial product pricing and risk management using quantitative models
• Explore the best practice modeling for model enhancement
• May develop specialized analytical tools for projects or ongoing use
• Enhance model documentation to reflect new or improved models and model features
• Work with model risk management to get new models and features approved
• Review model results and identify unexpected results
• May develop conclusions and courses of action to rectify discrepancies and analyses
• Assist in the analyses of model performance
• Develop and maintain strong business relationships with trading desks
• Supports the development, forecasting, and analysis of potential responses to regulatory inquiry related to models

SHAREHOLDER ACCOUNTABILITIES:

• Contribute to various operational activities and processes as assigned
• Consistently exercise discretion in managing correspondence, information and all matters of confidentiality; escalate issues where appropriate
• Be knowledgeable of practices and procedures within own area of responsibility and keep abreast of emerging trends for own functional area
• Protect the interests of the organization – identify and manage risks, and escalate non-standard, high risk activities as necessary
• Conduct internal and external research projects; support the development / delivery of presentations / communications to management or broader audience
• Conduct reporting and / or meaningful analysis at the functional or enterprise level using results to draw conclusions, make recommendations, assess the effectiveness of programs/ policies/ practices
• Monitor service, productivity and assess efficiency levels within own function and implement continuous process / performance improvements where opportunities exists
• Acquire and apply expertise in the discipline, provide guidance, assistance and direction to others
• Identify, recommend and effectively execute standard practices applicable to the discipline
• Adhere to internal policies/procedures and applicable regulatory guidelines
• Keep abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impacts
• Maintain a culture of risk management and control, supported by effective processes in alignment with risk appetite
• May lead work streams by acting as a project lead / subject matter expert for small scale projects / initiatives in accordance with project management methodologies

EMPLOYEE/TEAM ACCOUNTABILITIES:

• Participate fully as a member of the team, support a positive work environment that promotes service to the business, quality, innovation and teamwork and ensure timely communication of issues/ points of interest
• Support the team by continuously enhancing knowledge / expertise in own area and participate in knowledge transfer within the team and business unit
• Keep current on emerging trends/ developments and grow knowledge of the business, related tools and techniques
• Participate in personal performance management and development activities, including cross training within own team
• Keep others informed and up-to-date about the status / progress of projects and / or all relevant or useful information related to day-to-day activities
• Contribute to the success of the team by willingly assisting others in the completion and performance of work activities; provide training, coaching and/or guidance as appropriate.
• Contribute to a fair, positive and equitable environment that supports a diverse workforce
• Act as a brand ambassador for your business area/function and the bank, both internally and/or externally

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.