Vice President, Treasury Model Development

3 weeks ago


Toronto, Canada TD Bank Full time

405168BR

Finance / Accounting

Toronto, ON

April 3, 2023

Company Overview

Department Overview

Corporate Data and Analytics enables Corporate functions to leverage world-class analytics capabilities through a common data and analytics function, providing support on differentiated complexity levels while aligning to the Enterprise Data & Analytics strategy

**Job Description**:
Reporting into the Head of Corporate Data & Analytics, the VP Treasury Model Development is responsible for leading a team of team of financial engineers and data science professionals. The team works closely with Treasury and Balance Sheet Management to develop and maintain advanced predictive analytics, quantitative methodology and modelling solutions in support of structural interest rate risk measurement and management, funds transfer pricing, liquidity, stress testing and financial resource management.
** Key accountabilities include**:

- Accountable for model and methodology development and prototyping in support of technology system development and testing of aggregator models and measurement processes;
- Design and develop prototypes for quantitative hedging and hedge-accounting strategies including P&L and hedge effectiveness attribution
- Develop quantitative tools to support portfolio performance measurement analytics and optimize balance sheet financial resource allocation
- Implement and demonstrate compliance with 1B Model Management Standards and Practices consistent with the Bank’s Model Risk Policy Framework and to meet Regulator Expectations including those for: Quantitative and qualitative model development and documentation and system implementation testing and change control.
- Perform model performance monitoring including back testing to demonstrate the ongoing accuracy and completeness of data feeds, model outputs and reports produced;
- Maintain an inventory of modelling, methodology and key assumptions for demonstrating completeness of estimation approaches in place for all balance sheet line items
- Provides input into ALM/FTP/Liquidity frameworks and strategies, TBSM technology & data roadmaps.
- Maintain regulatory, academic and industry relationships

**Requirements**:

- Advanced degree in Finance, Mathematics, or a related field;
- Ten or more years experience in quantitative financial modelling is highly desirable;
- Deep knowledge of Financial Markets, Fixed Income, Derivative Instruments and Treasury concepts;
- Excellent communication skills including an ability to explain complex concepts to both technical and non-technical stakeholders;
- Strong leadership skills that will result in attracting, retaining and developing a high performing team;
- Well developed understanding of model governance frameworks and policies including model monitoring and documentation requirements.
- Proven analytical and problem-solving skills including the implementation of new techniques and approaches to developing estimation approaches.

Additional Information

Vice Presidents (VPs) at TD Bank Group contribute significantly to the overall reputation of TD. As executives, VPs set the ethical, organizational and performance standards for the teams they lead and exemplify how an effective performance and development culture functions day to day. A VP is expected to guide his/her team, collaborating as appropriate with TD partners, to deliver superior results in both the short and long term.
- VPs promote adherence to TDBG’s vision and purpose to be the better bank, and enrich the lives of customers, communities and colleagues. As part of the general management of their function, VPs are accountable to deliver against TD’s five shared commitments:

- Think like a customer; provide legendary experiences and trusted advice
- Act like an owner; lead with integrity to drive business results and contribute to communities
- Execute with speed and impact; only take risks we can understand and manage
- Innovate with purpose; simplify the way we work
- Develop our colleagues; embrace diversity and respect one another

Hours

9-5

Inclusiveness

At TD, we are committed to fostering an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of our customers and communities in which we live and serve. If you require an accommodation for the recruitment/interview process (including alternate formats of materials, or accessible meeting rooms or other accommodation), please let us know and we will work with you to meet your needs.



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