Modelling / Forecasting Senior Analyst (Quants)

Modelling / Forecasting Senior Analyst (Quants) Join to apply for the Modelling / Forecasting Senior Analyst (Quants) role at TD. Be among the first 25 applicants. Pay Details $76,800 - $115,200 CAD Work Location Toronto, Ontario, Canada Hours 37.5 Line Of Business Analytics, Insights, & Artificial Intelligence 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 As the Senior Quantitative Analytics Analyst, you will work on Non‑retail Credit parameter model (Point‑in‑Time PD/LGD/EAD) and stress testing model for the US commercial portfolio, and perform analytics activities, ensuring business strategies and initiatives are delivered in compliance with TD's Model Risk Policy and relevant Data Governance requirements. This position provides excellent learning and career opportunities in a highly professional and motivated team environment, and exposure to high‑paced and impactful modeling projects and a wide variety of internal and external stakeholders. Maintain and enhance IFRS 9/ CECL Point‑in‑Time risk parameter models and allowance models with mathematical methodologies and time series models for the US commercial portfolio. Develop and implement credit risk stress testing/forecasting models. Assist with analytics and reporting activities such as scenario analysis, sensitivity analysis, attribution analysis, impact assessment, etc. Build and maintain analytics platforms for the above. Effectively communicate model methodology and maintain well‑articulated documentation. Ensure compliance with the TD's Model Risk Policy & relevant Data Governance requirements. Maintain and contribute to the enhancement of the current models and develop credit risk models for new business lines as required. Job Requirements Graduate degree in Economics, Statistics, Mathematics, Financial Engineering, or other related quantitative discipline. Knowledge of credit risk models such as Basel III Capital framework, credit risk parameters (PD,LGD,EAD), stress testing methodologies, IFRS 9 forward‑looking methodologies, CreditMetrics framework and Moody’s Analytics|K MV Risk Frontier. Experience with MATLAB/SAS/Python/R is a requirement; ability to read and write C++ code is an asset. Advanced quantitative modeling skills; experience working with econometric models and advanced statistical models. Excellent communication skills, verbally and in writing. Strong conceptual, analytical, and problem‑solving 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, the people 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, and we believe that all colleagues, no matter where they work, are customer‑facing. We innovate to enhance the customer experience and build capabilities to shape the future of banking. Whether you’ve had 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, 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. Seniority Level Mid‑Senior level Employment Type Full‑time Job Function Research, Analyst, and Information Technology Industry Banking Referrals increase your chances of interviewing at TD by 2x. Get notified about new Senior Statistician jobs in Toronto, Ontario, Canada. #J-18808-Ljbffr