Senior Modelling & Forecasting Analyst (Quants) - Toronto

TD Bank Group

Toronto

On-site

CAD 82,000 - 115,000

Full time

3 days ago

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Job summary

TD Bank Group in Toronto/Markham is seeking a Modelling / Forecasting Senior Analyst (Quants) to validate complex credit risk and forecasting models within the Retail Model Validation team. You will develop benchmarks, assess model use, and prepare detailed analytics and management summaries for approval decisions.

The role requires a strong statistical background, 3–5 years of model validation experience, and proficiency in Python, SAS and R.

Qualifications

Strong statistical background and excellent analytical and problem solving skills.
Graduate degree in statistics, economics, finance, mathematics, computer science or engineering.
Experience with model development/validation and machine learning methods.

Responsibilities

Validate models in-scope according to the bank's Model Risk Policy.
Develop independent benchmarks for validation using supervised, unsupervised, and deep learning techniques.
Assess model suitability, reasonableness of assumptions, and accuracy of implementation.
Prepare reports describing analytics, validation techniques, results, and limitations.
Create Management summaries with outcomes and recommendations for approval or improvement.
Collaborate with model development teams and external vendors; interact with stakeholders across TD Bank Group.
Identify needs for new models or techniques as regulatory standards evolve.