Modelling / Forecasting Senior Analyst (Quants) 3625

Modelling / Forecasting Senior Analyst (Quants) 3625 – TD Securities Pay Details: $76,800 – $115,200 CAD Location: Toronto, Ontario, Canada Hours: 37.5 per week Line Of Business: Analytics, Insights, & Artificial Intelligence TD is committed to providing fair and equitable compensation opportunities to all colleagues. The base pay offered may vary based upon the candidate’s skills, experience, job‑related knowledge, and geographic location. Candidates are encouraged to discuss compensation details with their recruiter. Job Description TD Model Validation (MV) group is responsible for the independent validation and approval of analytical models used for risk, pricing, hedging, and capital evaluation for a portfolio of financial products, including decision‑making models. The successful candidate will be a member of the TBSM MV group, validating quantitative and qualitative Liquidity Risk Management (LRM) models in Canada and the U.S., reporting to the Senior Manager, Advanced Analytics – Liquidity Risk Management Model Validation. Detailed Accountabilities Support independent validation of TBSM LRM models developed or owned by TD Treasury and Balance Sheet Management. Develop and execute a comprehensive validation testing plan for different LRM models according to the enterprise model validation procedures. Review U.S. LRM’s assessment of measurement choices, liquidity assumptions, and business assumptions described in the Business Requirement Document (BRD) to ensure consistency with the approved approach. Assess the soundness of statistical/mathematical algorithms, upstream valuation & cash flow generation models, and customer behavior models per U.S. LRM reporting methodology. Assess data quality and input control/governance processes to ensure model inputs are acceptable. Conduct validation testing with comprehensive test cases to assess model implementation accuracy from data enrichment to final outputs. Assess adequacy of model governance and control. Maintain a comprehensive issue log, communicating questions or limitations to stakeholders and ensuring resolution during the validation process. Draft high‑quality model validation reports with adequate information and justification to support validation conclusions for audit and regulator review. Maintain professional knowledge of quantitative analysis techniques in LRM and liquidity risk management, sharing insights with business partners and senior management. Support the development of standards and procedures for vetting and validation that comply with the bank’s internal model risk policy and industry best practices. Assist senior management in preparing responses to requests from Canadian and U.S. regulators, internal and external audit regarding risk models and vetting/validation processes. Collaborate with internal model development, audit, and other partners to ensure risk models meet required bank standards. Job Requirements Advanced quantitative skills and post‑secondary degree in Statistics, Economics/Econometrics, Mathematics, Finance, Financial Engineering, or Financial Risk Management. CFA or FRM charter holder/candidate preferred; qualifications in data risk or operational risk management are assets. 1–3 years of experience in model development or validation within Risk Management; experience in Liquidity Risk Management is an asset. Strong technical knowledge and proficiency in Python, SQL, SAS, and VBA; familiarity with JSON and Scala is an asset. Hands‑on experience developing and implementing statistical forecasting models (e.g., time‑series). Solid knowledge of financial products/portfolios, cash flow patterns, and pricing/valuation approaches; knowledge of financial/regulatory reporting in liquidity risk management is a plus. Experience in business system analytics or developing/validating large banking treasury reporting systems is an asset. Familiarity with data pipeline processes, banking data infrastructure, and data control/governance is an asset. Strong technical writing and verbal communication skills. Inquisitive nature with the ability to ask the right questions and raise issues; risk & control mindset with business acumen is an asset. Strong analytical and problem‑solving skills and high attention to detail. Good time management, multitasking skills, and ability to work with minimal supervision. Benefits The total rewards package includes a base salary, variable compensation, health and wellness benefits, savings and retirement programs, paid time off, banking benefits, career development, and recognition programs. Additional Information This role is subject to provincial employment regulations. Each province or territory in Canada may have its own requirements. Interview Process Hiring managers will schedule interviews with candidates of interest. Outcomes are communicated by email or phone. Accommodation We support accessibility accommodations throughout the interview process, including accessible meeting rooms and captioning for virtual interviews. Language Requirement (Quebec Only) Sans Objet Senior Level & Employment Type Seniority Level: Mid‑Senior Employment Type: Full‑time Job Function: Research, Analyst, and Information Technology Industry: Investment Banking #J-18808-Ljbffr