Modelling / Forecasting Specialist (Quants)

Work Location:

Canada

Hours:

37.5

Line of Business:

Analytics, Insights, & Artificial Intelligence

Pay Details:

We’re committed to providing fair and equitable compensation to all our colleagues. As a candidate, we encourage you to have an open dialogue with a member of our HR Team and ask compensation related questions, including pay details for this role.

Job Description:

Summary                    

The Treasury and Balance Sheet Management (TBSM) department of TD Bank manages TD’s non-trading market risk, liquidity risk, capital, investment portfolios, wholesale funding programs, pension plans, and transfer prices funds to the businesses. The Treasury Modelling team in TBSM is responsible for ensuring appropriate quantitative methodologies and estimation approaches are in place to support TBSM as well as to advance the use of enhanced model and data-driven analytics to support the allocation of scarce financial resources (capital, liquidity and funding) and improve decision making.

Responsibilities           

Reporting to Senior Manager, Treasury Modelling team, the position provides the quantitative analysis and builds the advanced quantitative models for DFAST, EWST, MST and other regulatory and financial programs to meet regulator and business requirements. Detailed accountabilities include:

• Develop, maintain, and enhance predictive models and statistical analyses to support the regulatory stress testing submission
• Execute models and overlays through cycles
• Prepare, maintain, and enhance detailed documents for validation and regulatory compliance
• Design model-monitoring methodologies and investigate performance issues through regular testing and monitoring
• Present methodologies and results to key stakeholders and various regulatory agencies
• Work with model risk management teams on validations and resolving model issues
• Assist in the implementation of new or modified models into the production environment
• Communicate difficult concepts; convert information to compelling business context and advice; influence and gain alignment across increasingly senior stakeholders
• Work autonomously and accountable for acting as a lead within a specialized analytics function and provide work direction to others

Qualifications/Competencies  

• Undergraduate degree in Quantitative discipline is required such as Statistics, Mathematics, Operations Research, Econometrics, Finance etc. Graduate’s degree is preferred
• 3+ years of Hands-on experience in statistical model development and applied data analysis. Working experience of Regulation models (CCAR/DFAST/ CECL/Basel etc.) preferred
• Solid programming skills in SAS, Python or R. SAS is preferred
• Ability to work well in a fast-paced collaborative work environment
• Effective time management skills and ability to meet deadlines
• Strong technical writing and verbal communication skills

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.

Our Total Rewards Package
Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical, and mental well-being goals. Total Rewards at TD includes a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. Learn more

Additional Information:
We’re delighted that you’re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive both at work and at home.

Colleague Development
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.
 

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

Interview Process 
We’ll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

Accommodation
Your accessibility is important to us. Please let us know if you’d like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.

We look forward to hearing from you!

Language Requirement:

N/A.