Work Location:
Toronto, Ontario, Canada
Hours:
37.5
Line of Business:
Analytics, Insights, & Artificial Intelligence
Pay Details:
96,900 - 136,800 CAD
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:
Depth & Scope:
The risk model development department is seeking an experienced model developer to enhance TD's retail stress testing framework by incorporating environmental and climate risk impacts into financial stress projections for residential lending portfolios.
The incumbent will design, develop, and support model components that quantify climate-related impacts or other economic risks within TD's U.S. retail stress testing process, with a near-term focus on mortgage and home equity portfolios.
The ideal candidate will combine quantitative modeling expertise, programming capability, and practical familiarity with credit risk, stress testing, or climate risk analytics.
Department Overview
The retail model development group within risk is responsible for the creation of credit risk models on TD's consumer lending portfolios, including mortgage, home equity, auto lending, small business and credit cards for cross-border stress testing exercises.
Required Qualifications, Education & Experience
- Prior programming experience with one or more statistical applications such as SAS, Stata, or SPSS, or related programming languages such as Python or R.
- Master's degree or PhD in a quantitative discipline, or at least three years of experience in quantitative analytics or model development.
- Strong written and verbal communication skills, including the ability to explain quantitative methods and model results to technical and non-technical stakeholders.
Preferred Qualifications- Experience with credit risk analytics, financial stress testing, or model development in a large and complex financial institution.
- Experience with climate risk analytics, environmental risk modeling, or location-based physical risk tools such as Munich Re Location Risk Intelligence.
- Experience building computational simulations.
- Advanced SAS experience.
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 strive to make every interaction, product, and experience remarkably human and refreshingly simple for 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 foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience. TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing. Together, we are reimagining what banking can be for our clients, colleagues and communities.
Our Total Rewards PackageOur 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 moreAdditional 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.
If you're passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact.
We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best.
Training & OnboardingWe 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
