Senior Quantitative Analyst (US)

TD Bank; Mount Laurel Township (NJ); On-site; USD 76,000 - 114,000; Full time

Job summary

TD Bank is seeking a governance-focused professional to support Model Risk Management within the U.S. operations. The role emphasizes quantitative modeling, statistical analysis, and hands-on coding to build and validate financial models for business initiatives.

You will participate in governance activities, develop analytical tools, and communicate insights to senior stakeholders while collaborating with risk and finance teams across TD Bank. A strong technical background is required.

Qualifications

• Requires strong quantitative modeling and statistical analysis skills.
• Experience in building and testing financial models across products and portfolios.
• Proficiency in coding and data analysis for model development and validation.

Responsibilities

• Provide financial, analytical and modeling expertise to build quantitative models for business projects.
• Conduct complex quantitative analysis aligned with transactions and products.
• Perform statistical tests to validate model soundness and accuracy.
• Lead development of analytical tools and ad-hoc reports as needed.
• Mentor others and collaborate with cross-functional teams on governance activities.

Skills

Quantitative modeling

Statistical analysis

Coding

Data analysis

Education

Undergraduate degree required

Advanced technical degree preferred

Job description

Work Location:

Mount Laurel, New Jersey, United States of America

Hours:

40

Pay Details:

$76,290 - $114,440 USD

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 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.

Line of Business:

Risk Management Job Description:

Department Overview:

Model Risk Management supports the effective oversight of model risk across TD's U.S. operations and is comprised of two core functions: Model Validation and Model Risk Governance. Model Validation provides independent review and challenge of models, while Model Risk Governance supports the operating framework, controls, reporting, and oversight routines for the model risk program. This position sits within the Model Risk Governance team.

Responsibilities:

• Provides financial, analytical, modeling expertise to build quantitative models for business projects
• Conducts complex quantitative analysis as it applies to areas of responsibility, generally aligned to specific transactions and products
• Performs statistical model assumptions' tests for soundness of model theory
• Hands on coding and building of quantitative models
• Reviews model results and identifies unexpected results
• May develop specialized analytical tools for projects or ongoing use
• May develop conclusions and courses of action to rectify discrepancies as well as analyses
• Develops and analyzes key metric and plan variances and related information
• Develops analyses of performance and predictive data
• Compiles and generates ad-hoc analytical reports
• May lead additional research efforts, applying expertise in statistical analysis and modeling
• Explores the best practice modeling techniques for model enhancement
• Highly seasoned professional role requiring substantial knowledge / expertise in a complex field and knowledge of broader related areas
• Integrates knowledge of the enterprise sub-function's or business line's overarching strategy in developing solutions across multiple functions or operations
• Interprets internal/external business challenges and the industry environment, recommends course of action and best practices to improve products, processes or services
• Acts as a technical expert / lead integrating cross-function understanding within their own field of specialty; may manage team(s) of related specialists
• Leads cross-functional teams or projects with significant resource requirements, risk and / or complexity
• Independently manages end-to-end functional programs
• Solves or may lead others to solve complex problems; leads efforts or partners with others to develop new solutions
• Uses sophisticated analytical thought to exercise judgement and identify solutions
• Impacts the achievement of sub-function or business line objectives within the area they are accountable for
• Work is guided by policies and industry standards/methods
• Communicates difficult concepts; converts information to compelling business context and advice; influences and gains alignment across increasingly senior stakeholders
• Works autonomously as the lead and guides others within area of expertise
• Independently handles all but the most complex and unusual issues

Additional Information:

This role is ideal for a governance and risk professional with strong execution, stakeholder coordination, and communication skills. The successful candidate will support a broad portfolio of recurring MRM governance activities, including RCM, RCSA, governance reporting, issue management, controls, policy/framework updates, model inventory and attestation, regulatory change management, and DFAST/stress-testing readiness. As priorities evolve, the role will help strengthen execution across TD programs where MRM has governance, oversight, reporting, or compliance responsibilities.

Education & Experience:

Undergraduate degree required, advanced technical degree preferred (e.g., math, physics, engineering, finance or computer science) Gradu