Quantitative Risk Associate

4 weeks ago

Toronto, Ontario, Canada TD Full time
About the Program

The Risk Management Quantitative Associate Rotational Program is a 24-month immersive program designed to provide qualified and ambitious candidates with the opportunity to step into our world. You'll receive comprehensive experience developing, validating, implementing and managing quantitative models throughout the enterprise.

What You'll Do
  • Build mathematical and statistical models for the North American profile of TD, both US and Canada.
  • Assist in the development and testing of new modelling methodologies and effectively challenge these models through benchmark modelling, model validation and/or review within Internal Audit's model risk division.
  • Prepare management summaries describing the mathematical analytics of models, validation techniques, test results and model limitations, including recommendations for further improvements.
  • Help to manage the areas of risk and solvency assessment (ORSA), expected credit losses, asset and liability management along with liquidity.
  • Participate in quantitative and qualitative validation efforts surrounding key processes including Internal Capital Adequacy Assessment Process (ICAAP), stress testing (DFAST/ EWST/MST) and regulatory capital.
Experience Growth
  • Liaise with other business partners to ensure timely delivery of new models and resolve modelling issues.
  • Demonstrate governance, control and risk management in alignment with TD policies and practices.
  • Work on challenging projects alongside experienced leaders in the field.
Cultivate our Culture of Care
  • Develop strong relationships to help identify collaborative opportunities and coordinating efforts with other Risk groups.
  • Be supported by a robust team of colleagues, peers and advisors to ensure your growth, development and success.
Colleague Development

If you're interested in a specific career path or are looking to build certain skills, we want to help you succeed. Receive 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.

Job Requirements
  • Strong quantitative background with advanced mathematical and/or statistical ability.
  • Excellent problem-solving skills.
  • Computational and programming skills (e.g., R, Python, SAS, Matlab, C++, C, among others).
  • Excellent verbal and written communication skills; can explain complex technical issues in everyday language.
  • Strong time management skills with the ability to work independently when required.
  • Fast learner who grasps new concepts and techniques quickly.
  • Desire to work in a caring, respectful and inclusive environment where all employees are supported.
Educational Requirements
  • Graduated between May 2023 and May 2025 with a graduate degree (Master's or PhD) in a quantitative field such as mathematics, statistics, economics, finance, physics, engineering, or similar.
  • Candidates pursuing a graduate degree must have completed all requirements (courses, projects, exams, etc.) for the graduate degree prior to start (excluding convocation).
Program Location and Start Date

This is a Toronto-based program which starts in January 2025 or July 2025.

Applications
  • Transcript.
  • Cover letter (one letter-sized page or less). If you are pursuing a graduate degree, please include graduation month/date/year in your cover letter.
  • Resume (two letter-sized pages only).
Hours

Monday-Friday, standard business hours.

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.

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