Senior Credit Risk Analyst; ATH

Work Details

• Work Location:
  
  Toronto, Ontario, Canada
• Hours:
  
  37.5
• Line Of Business:
  Risk Management
• Pay Details: $76,800 - $115,200 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  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.

Retail Risk Management is responsible for the development and execution of risk strategies and initiatives that assist our key business partners in achieving growth and profitability while maintaining the overall risk quality of lending portfolios. As part of RRM, the Credit Allowance Forecasting and Analysis team is responsible for Credit Loss Allowance across all Retail product portfolios. The mandate includes ownership of consolidated credit loss reporting, allowance forecasting and oversight of the Expected Loss models used for IFRS9 allowance, and analysis and insight on loss performance to ensure sufficient reserve set aside for Canadian Retail exposures.

The primary function of this position includes performing IFRS 9 Expected Credit Loss (ECL) Analysis and Forecasting for TD Canadian Retail Credit Products. The role works closely with Retail Risk Management, Model Development & Model Validation, Model Monitoring, several internal and external control partners, and regulators with the following key accountabilities:

• Lead the comprehensive ECL analysis for Retail Products, including attribution of key drivers, variable impact, and explanation of variances to inform management decision to ensure risks are only being taken that we understand
• Develop and maintain credit loss estimate techniques to support key allowance methodology development
• Work with our Risk Management and Product partners to research and develop value added analysis
• Support all Risk business partner inquiries and analysis pertaining to ECL
• Support the management adjustment process, a key process in the ECL reporting and forecasting
• Be able to use analytical skills and business intuition to understand the scale of risk, identify risk trends, explain drivers to non‑technical audience, and recommend a course of action
• Establish, maintain, and improve the management review and governance control framework to meet audit and accuracy standards
• Support the ECL forecasting and planning methodology
• Continue improving the BAU processes to support of IFRS9 reporting & forecasting

• Post‑secondary degree in a quantitative field such as Mathematics, Statistics, Economics, Computer Science and Engineering would be an asset
• Knowledge in retail banking products, IFRS9 framework, allowance calculation, predictive modelling and forecasting is a definite asset
• Excellent working knowledge and hands‑on experience using SAS and SQL in the context of data manipulation, data mining, and analysis
• Demonstrated strong analytical, and problem‑solving skills
• Excellent verbal and written communication skills
• Solid time management, organizational, and multi‑tasking skills
• Able to learn new concepts and techniques quickly
• Advanced skills in Excel, Word, and Power Point
• Must be a good team player

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.