Work Location: Toronto, Ontario, Canada
Hours: 37.5
Line of Business: Analytics, Insights, & Artificial Intelligence
Pay Details: $91,200 - $136,800 CAD. This role is eligible for a discretionary variable compensation award that considers business and individual performance. TD is committed to providing fair and equitable compensation opportunities to all colleagues.
Job Description:
Department Overview
Forecast Methodologies is part of TBSM's Enterprise Stress Testing (EST), responsible for central ownership and analysis of the balance sheet and income Statement Forecast Methodologies for EWST & MST.
The Canadian Line of Business Vertical team within EST is a cross-functional group supporting the end-to-end stress testing functions for TD's Canadian businesses including P&C, Wealth, and Insurance.
Breadth & Depth
- End-to-end execution of the segment stress testing processes, models, documentation, and framework
- Report on Stress Test Forecast Results timely and accurately, analyze the drivers to results trending.
- Development and implementation of best practices relating to data aggregation, modelling, and stress testing processes.
- Act as subject matter expert on all stress testing, forecasting and ad-hoc results.
- Performs statistical model assumptions' tests for soundness of model theory.
- Maintain up-to-date documentation on execution steps, business logic, data definition, and forecast assumptions.
- Hands on modeling in the entire life cycle including preparation of model development report (MDR) and annual model monitoring (AMR)
- Liaise extensively with Finance groups, to ensure all relevant components are reported appropriately.
- Lead the preparation of ad hoc analysis for senior leadership.
- Uses sophisticated analytical thought to exercise judgement and identify solutions.
- Communicates difficult concepts; converts information to compelling business context and advice; influences and gains alignment across increasingly senior stakeholders.
- Must be able to work with minimal supervision in an unstructured and fast-paced environment.
Education & Experience
- Undergraduate degree required, advanced technical degree preferred (e.g., math, physics, engineering, finance or computer science) Graduate's degree preferred.
- 5+ years relevant experience, In-depth knowledge of quantitative models and statistical analysis
- Canadian P&C and/or Canadian Wealth experience or associated finance support considered beneficial.
- Experience with Stress Testing & Knowledge of PPNR requirements.
- Advanced knowledge of quantitative forecasting models, financial analysis techniques and methodologies
- Proven ability to employ complex analytical tools and statistics to perform analysis and forecasting of financial and other business information.
- Demonstrated ability to drive transformation and change.
- Excellent written and verbal communication skills are essential.
- Proven interpersonal and consultative communication skills with well-developed presentation skills.
- Ability to successfully plan, develop, lead, and execute projects.
- Ability to effectively interpret, select appropriate techniques, take independent action, communicate, and follow-through.
- Proven ability to manage competing priorities effectively, making good decisions based on business priorities and objectives.
- Advanced level in statistical analysis and modeling tools
- Data analytics competencies supported by experience in traversing large data sets to perform analytics/drive business insights.
- Experience in coding and database design.
- Coding Skills in SAS is required.
- Working knowledge of visualization tools, SAS VA / MLE recommended.
- Proficiency with MS Office Suite, including a strong competency in both MS Excel and MS PowerPoint.
Customer Accountabilities
- Maintain up-to-date documentation on execution steps, business logic, data definition, and forecast assumptions.
- Participate in working groups and building relationships with key stakeholders.
- Maintain good relations with all internal stakeholders and ensure that all their requirements are met.
- Monitor/report on compliance, management, and strategic initiatives.
- Support established enterprise-wide risk escalation, review and approval processes, data management, policies and risk assessment processes.
- Analytical, problem-solving and consensus-building 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. More than 95,000 TD colleagues bring their skills, talent, and creativity to the Bank.
Our Total Rewards Package
Our Total Rewards package reflects the investments we make in our colleagues to help them achieve their financial, physical, and mental well-being goals.
Additional Information:
We're delighted that you're considering building a career with TD.
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.
Accommodation
Your accessibility is important to us. Please let us know if you'd like accommodations to help us remove barriers so that you can participate throughout the interview process.