Senior Credit Risk Analyst; ATH

Job Details

Location: Toronto, Ontario, Canada

Hours: 37.5

Line Of Business: Risk Management

Pay: $76,800 - $115,200 CAD

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. Work 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 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
• Advance skills in Excel, Word, and Power Point
• Must be a good team player

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 deliver legendary customer experiences to 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 the Bank, those we serve, and the economies we support.

We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues.

Our 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 wellbeing benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs.

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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…