Risk Portfolio Analyst III

Risk Portfolio Analyst III (US) Location

Southfield, Michigan, United States of America

40 hours per week

$68,640 - $102,960 USD

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  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 on 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 more specific details for this role.

Risk Management

The Risk Portfolio Analyst III provides skilled analytical research, analysis, and project-oriented support. Analyzes the quality of key risk components of assigned retail credit portfolios. Provides analysis of portfolio risks and makes recommendations to Senior Management regarding the direction of future lending activities. Interacts with external accountants and regulators; the Federal Reserve, Office of Controller of Currency (OCC), and Office of the Superintendent of Financial Institutes (OSFI) and interacts with Risk and Analytical professionals at TDCT and TDBFG.

In accordance with the governing principles outlined in the TD Enterprise Risk Appetite Statement and the framework documented in the Retail Credit Risk Management Mandate, the Risk Portfolio Analyst is responsible to effectively manage, monitor and control risk of the retail lending segments within TD Bank.

• Performs functions noted for Risk Portfolio Analyst II
• Manages complex analytical initiatives and interacts with TDCT Risk and Retail Lending lines of businesses
• Works independently and interacts with internal/external accountants, auditors and bank regulators
• Directs credit activities relating to risk exposure, credit policy, and credit underwriting changes to Senior Money‑out Executives
• Mentors junior level analysts
• Oversees the retail credit portfolio analysis in support of financial, regulatory and risk management requirements
• Provides guidance and assists staff with most complex aspects of work as necessary
• Shares knowledge with others in the group
• Contributes to and supports achievement of department/business unit goals
• Acts as subject matter expert in assisting the Manager of Risk Analytics during the analysis for the US Allowance for Loan and Lease Losses (ALLL) for the Retail Credit Portfolios
• Acts as a lead in other risk management related duties or special projects and performs additional duties as necessary
• Exercises independent judgment by displaying and reaching conclusions on the most complex portfolio issues as well as assumes accountability for high quality recommendations regarding the credit portfolio
• Supports results of analytical initiatives on portfolio modeling (including Basel), Stress Testing, migration analysis, and Allowance for Loan and Lease Losses (ALLL)
• Develops analytical white papers for assigned portfolio considering current economic environments
• Forecasts impact to assigned portfolio
• Determines risk exposure, mitigation, and controls for new products, marketing campaigns, and expansion of existing programs
• Establishes oversight of business lines compliance/risk controls and periodically evaluates risk mitigation efforts to make adjustments as risk/department influences change
• Ensures TD Bank maintains successful audits and exams within all areas

• Bachelor's degree required, Graduate Degree preferred or progressive work experience in addition to experience below
• 7 Years of related experience
• Strong PC skills including proficiency in a variety of PC‑based analytical and reporting software packages
• In depth knowledge of portfolio analysis techniques and processes
• Extensive analytical skills and practical knowledge of descriptive statistics
• Excellent research skills required for industry analysis
• Excelle…