Modelling/ Forecasting Specialist

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

Analytics, Insights, & Artificial Intelligence

Pay Details:

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Job Description:

• Collaborate in the development of credit decisions to improve customer satisfaction and ensure originations are within the Bank's Risk Appetite.
• Manage the analysis of credit risk adjudication strategies and policies, portfolio risk trends, business analytics, scorecard performance, and risk models for retail consumer loan products.
• Ensure the design and implementation of processes and applications to provide risk metrics and management reports.
• Provide effective challenges to the product partners to ensure all decisions are within the Bank's Risk Appetite.

• Lead credit loss forecasting for the TD Auto Finance portfolio, leveraging advanced analytics.
• Monitor the credit risk of the TD Auto Finance portfolio, proactively identifying key emerging risks that can impact credit losses and inform executives accordingly.
• Work closely with the business and key stakeholders to oversee collection and repossession activities to maximize efficiency, effectiveness, and scale.
• Protect the interests of the organization by identifying and managing risks, and escalating non-standard, high-risk transactions/activities as necessary.
• Keep abreast of emerging issues, trends, and evolving regulatory requirements, and assess potential impacts.
• Support a culture of risk management and control, supported by effective processes in alignment with the Bank's Risk Appetite.

• Share knowledge, information, skills, and subject matter expertise among colleagues, and ensure the timely communication of issues, encouraging good working relationships with other teams.
• Develop long-term plans for your own area and influence plans well beyond the area managed.
• Support an environment where all colleagues freely escalate business challenges.
• Act as a brand ambassador for your business area/function and the bank, both internally and externally.
• Collaborate with other departments to support credit risk analysis.
• Promote open communication and teamwork across risk functions and the business.
• Contribute to an environment focused on innovation and continuous

improvement.

• Lead development and ongoing application of loss forecasting methodologies using advanced statistical techniques.
• Apply leading-edge technologies for data mining and predictive modelling to ongoingly improve precision of loss forecasting.
• Interact with multiple stakeholders including internal committees, and auditors.
• Provide thought leadership and strategic insights to support decision-making in the TD Auto Finance portfolio.

• University degree or relevant experience in Mathematics, Actuarial Science, Computer Science, Econometrics, or related fields.
• Master's degree in Risk Management, Statistics or Data Science is an asset
• Strong programming skills in SAS, SQL, Python, R, or MATLAB for data manipulation and modelling.
• Expertise in statistical model development and validation, including linear and logistic regression.
• Excellent problem-solving and project management skills.
• Effective communication skills for presenting technical and business concepts.
• Minimum 3 years of experience in retail banking risk or credit risk modelling.
• Knowledge of Expected and Unexpected Loss, and Allowance

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.

Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.

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 (Quebec only):

Sans Objet