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Join to apply for the Model Validation Senior Analyst (Quants) role at TDJoin to apply for the Model Validation Senior Analyst (Quants) role at TDPay Details:Work Location:Toronto, Ontario, CanadaHours:37.5Line Of Business:Analytics, Insights, & Artificial IntelligencePay Details:$76,800 - $115,200 CADTD 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.Job Description:Department Description:TD Model Validation (MV) group is part of the Model Risk Management (MRM) group and is responsible for the independent validation and approval of analytical models used for across a large range of use cases (risk, pricing, capital evaluation, marketing, insurance, wealth management etc.).Job Description:The successful candidate will be a member of the Non-Retail Model Validation group responsible for validating a variety of quantitative and qualitative models used across the US and Canadian non-retail businesses. The position reports to the Senior Manager, Non-Retail Model Validation group within MV.Detailed Accountability Includes:Design testing strategies (e.g., sensitivity analysis, backtesting, scenario forecast, and quantitative / qualitative benchmark) to comprehensively assess the model performance and identify / recommend improvements.Validate non-retail models in line with internal standards and industry best practices. The role focuses on stress-testing models used for Dodd-Frank Act Stress Tests (DFAST), Enterprise-Wide Stress-Testing (EWST) and Macro Stress-Testing (MST).Develop benchmark models and / or independently replicate existing models.Present model validation outcomes to senior executives.Work effectively with different internal partners across the Model Development (MD) groups.Coach team members on model validation approaches and modeling techniques.Contribute to strategic initiatives to improve model validation processes (e.g., standardization, process optimization and automation)Maintain / develop professional knowledge of techniques and developments in the field and share knowledge with business partners and senior management.Job Requirements:MinimumRobust quantitative skills with an advanced degree in one or more of the following areas: Financial Engineering, Mathematics, Statistics, Econometrics, Data Science, Computer Science & EngineeringExperience in model validation and / or model development within the banking or financial services industry.Experience with non-retail stress-testing models (e.g., Pre-Provision Net Revenue, credit losses and operational losses) used in the US (e.g., CCAR/DFAST) and / or in Canada (MST and EWST) across a range of modeling techniques (qualitative and statistical)Proficient in programming language, such as Python, R, MATLAB, SQL and SAS.Ability to collaborate effectively with stakeholders of different backgrounds.Team-oriented with sense of ownership and accountabilityExcellent written and verbal communication skills, with the ability to articulate complex concepts and write comprehensive technical documents.Effective time management and multitasking skills with minimal supervisionStrong conceptual problem-solving skills.PreferredCFA / CAIA / FRM / PRMWho 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.TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether youve got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, were here to support you towards your goals. As an organization, we keep growing and so will you.Our Total Rewards PackageOur 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 moreAdditional Information:Were delighted that youre considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, were 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 DevelopmentIf youre interested in a specific career path or are looking to build certain skills, we want to help you succeed. Youll 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 were committed to helping you identify opportunities that support your goals.Training & OnboardingWe will provide training and onboarding sessions to ensure that youve got everything you need to succeed in your new role.Interview ProcessWell 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.AccommodationYour accessibility is important to us. Please let us know if youd 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):Matrise dune langue autre que le franais pour offrir du soutien ou traiter avec des employs ou des collgues qui ont besoin de services et de soutien dans une langue autre que le franais.Seniority levelSeniority levelMid-Senior levelEmployment typeEmployment typeFull-timeJob functionJob functionGeneral Business, Management, and Business DevelopmentIndustriesBankingReferrals increase your chances of interviewing at TD by 2xSign in to set job alerts for Model roles.Toronto, Ontario, Canada$150,000.00-$600,000.001 month agoAnalyst, Credit Investments, Asset ManagementData Analytical Specialist Scientist (Junior) 8480-1109Club Attendant - Toronto Yonge Eglinton CentreMississauga, Ontario, Canada 13 hours agoOpportunity TypePart-time associate wantedASSOCIATE, DEEP TECH VENTURE FUND - Temporary 12 monthsWere unlocking community knowledge in a new way. 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