Modelling / Forecasting Senior Analyst (Quants)

Job Title Modelling / Forecasting Senior Analyst (Quants) Location Toronto, Ontario, Canada Hours 37.5 Business Line Analytics, Insights, & Artificial Intelligence Compensation 73,000 - 109,400 CAD Job Description TD Model Validation (MV) group is part of the Model Risk Management (MRM) group and is responsible for the independent validation and approval of analytical models used for across a large range of use cases (risk, pricing, capital evaluation, marketing, insurance, wealth management etc.). Responsibilities Design testing strategies (e.g., sensitivity analysis, backtesting, scenario forecast, and quantitative / qualitative benchmark) to comprehensively assess the model performance and identify / recommend improvements. Validate non-retail models in line with internal standards and industry best practices. The role focuses on stress-testing models used for Dodd-Frank Act Stress Tests (DFAST), Enterprise-Wide Stress-Testing (EWST) and Macro Stress-Testing (MST). Develop benchmark models and / or independently replicate existing models. Present model validation outcomes to senior executives. Work effectively with different internal partners across the Model Development (MD) groups. Coach team members on model validation approaches and modeling techniques. Contribute to strategic initiatives to improve model validation processes (e.g., standardization, process optimization and automation) Maintain / develop professional knowledge of techniques and developments in the field and share knowledge with business partners and senior management. Job Requirements Minimum Qualifications Robust quantitative skills with an advanced degree in one or more of the following areas: Financial Engineering, Mathematics, Statistics, Econometrics, Data Science, Computer Science & Engineering Experience in model validation and / or model development within the banking or financial services industry. Experience with non-retail stress-testing models (e.g., Pre-Provision Net Revenue, credit losses and operational losses) used in the US (e.g., CCAR/DFAST) and / or in Canada (MST and EWST) across a range of modeling techniques (qualitative and statistical) Proficient in programming language, such as Python, R, MATLAB, SQL and SAS. Ability to collaborate effectively with stakeholders of different backgrounds. Team-oriented with sense of ownership and accountability Excellent written and verbal communication skills, with the ability to articulate complex concepts and write comprehensive technical documents. Effective time management and multitasking skills with minimal supervision Strong conceptual problem-solving skills. Preferred Qualifications CFA / CAIA / FRM / PRM Company Overview 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. 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 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 … Training & Onboarding … Interview Process … Accommodation … Language Requirement (Quebec Only) Sans Objet #J-18808-Ljbffr