Manager, Advanced Analytics (Quants)

Work Location:
Toronto, Ontario, Canada

Hours:
37.5

Line of Business:
Analytics, Insights, & Artificial Intelligence

Pay Details:
$91,200 - $136,800 CAD

This role is eligible for a discretionary variable compensation award that considers business and individual performance.

Job Description:

Department Overview

The Retail Model Validation (MV) group is part of the Model Risk Management function within the Bank.

The position reports to Senior Manager - AML, Retail Model Validation. The primary responsibilities for this role include:

• Independently lead and execute AML model validation projects including development of testing strategy, communication and escalation of validation issues, prepare and finalize the model validation review reports. Recommend the approval of the models or other corrective actions based on the independent validation.
• Support development and maintenance of the AML model validation standards and procedures that are compliant with the Bank's internal Model Risk Policy, adhere with industry best practices, and meet regulatory requirements.
• Work effectively with internal partners to ensure AML models meet required Bank standards for use and proactively identify, manage, and work with relevant stakeholders to resolve the model risk related issues.
• Keep up with changes in the AML regulatory requirements and the emerging risks/practices in managing AML models and validations.
• Support requests from regulators, internal and external audit related to AML models and the associated validation process and procedures.
• Maintain full professional knowledge of techniques and developments in the field of AML modelling and validation processes.

Education & Experience:

• Undergraduate degree required, advanced technical degree preferred (e.g., math, physics, engineering, finance or computer science)
• 7+ years relevant experience
• Ability to analyze complex information and develop plans to address identified issues
• Ability to establish goals and objectives that support the strategic plan
• Demonstrated skills in conflict resolution, strong intuitive judgment and negotiation/influencing skills, flexibility and adaptability to changing priorities in a fast-paced environment, along with a strong consultative approach

Preferred Qualification:

• Strong statistical background and excellent analytical and problem-solving skills with a graduate degree in one or more of the following areas: statistics, economics, mathematics, actuarial sciences, mathematical finance.
• Knowledge in AML program including transaction monitoring, KYC, sanctions and related regulatory requirements. Work experience in AML functions is considered an asset.
• Expertise (4+ years) in AML model development or validation.
• Experience in interacting with regulators/auditors is considered an asset.
• Excellence in communication including verbal and writing.
• Proficient in relevant programming languages such as Python, R, SAS and/or Matlab.

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. 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.

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.

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!