Data Scientist 1

TD; Canada; On-site; CAD 76,000 - 116,000; Full time

Job summary

A leading financial institution in Toronto seeks a Model Validation specialist to validate analytical models for Financial Crime Risk Management. Candidates should have a post-secondary degree in a relevant field and 2+ years of experience with AI/ML models. The role involves validating models, testing, and collaborating with stakeholders. Competitive salary and benefits are provided.

Benefits

Health and well-being benefits

Career development programs

Paid time off

Qualifications

• 2+ years of experience in developing or validating FCRM models.
• Experience with AI/ML modeling for Insider Risk Management is an asset.
• Excellent time/project management skills with minimal supervision.

Responsibilities

• Validate Financial Crime Risk Management models.
• Conduct validation testing for various models.
• Communicate effectively with stakeholders to solve model issues.

Skills

AI Graph / Network analysis

Proficient in Python

Excellent verbal communication

Project management skills

Education

Post-secondary degree in computer science, statistics, or related field

Tools

Python

H2O.AI

Scala

Job description

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

Analytics, Insights, & Artificial Intelligence

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 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 needsp>

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:

The Model Validation (MV) group in Enterprise Risk, Risk Management is responsible for the independent validation and approval of all analytical models used for TD.

Detailed Accountabilities:

• Validates Financial Crime Risk Management (FCRM) models for Insider Risk Management
  • Conduct validation testing and analysis for different FCRM models under Senior Manager or Manager supervision to support various business initiatives and regulators requirements.
  • Have effective communication with different stakeholders from 1st line to discuss and solve model limitations / issues identified during the validation process.
  • Deliver high quality model validation reports with adequate information and justification to support validation conclusions and Audit / regulator review / assessment of validation process and validation analysis.
• Maintains professional knowledge of AI / ML techniques and developments in FCRM modeling for Insider Risk Management.
• Develops different validation testing tools / programs to assess advanced AI / ML Insider Risk Management models

Education & Experience:

• Post‑secondary degree in one or more of the following areas: computer science, statistics, mathematics, financial engineering, or engineering
• In‑depth knowledge of AI Graph / Network analysis
• 2 years + Experience in either developing or validating FCRM model with exposure in AI/ ML modelling; and experience in FCRM modeling for Insider Risk Management is an asset.
• Proficient in relevant programming languages & software such as Python, H2O.AI, Scala, etc.
• Excellent verbal and written communication skills
• Excellent time / project management and multitasking skills with minimal supervision.

Customer Accountabilities:

• Works in a highly interactive, team‑oriented environment with Big Data developers, and analytical experts.
• Stays current on developments in Trading Surveillance modelling.

Shareholder Accountabilities:

• Works closely with key stakeholders to conduct different validations in time to support different business initiatives.
• Executes on the validation plan to deliver results aligned with enterprise model validation procedures and model risk policy.

Employee/Team Accountabilities:

• Shares knowledge, information, skills, and subject matter expertise among the team.
• Collaborates with other functions and teams to complete validation efficiently and in‑time escape identified issues.

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 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

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 well‑being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. Learn more

Additional 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. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD – and we're committed to helping you identify opportunities that support your goals.

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. 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