06 Aug
|
TD Bank Group
|
Ontario
06 Aug
TD Bank Group
Ontario
Work Location: Toronto, Ontario, Canada Hours: 37.5 Line of Business: Analytics, Insights, & Artificial Intelligence Pay Details: 81,600 - 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 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: Summary The Treasury and Balance Sheet Management (TBSM) department of TD Bank manages TD's non-trading market risk, liquidity risk, capital, investment portfolios, wholesale funding programs, pension plans, and fund transfer pricing to the businesses. The Treasury Applied Research team is responsible for ensuring appropriate models and quantitative methodologies are in place to support TBSM's broad accountabilities as well as to advance the proper usage of quantitative models and data-driven analytics to support the allocation of scarce financial resources (capital, liquidity and funding) and improve decision making. Within the Treasury Applied Research team, the Valuation Model Development team supports the valuation/pricing model methodology and development for various asset and liability positions on TD's balance sheet, as well off-balance sheet products such as interest rate hedging instruments and related derivatives.
Responsibilities Provide quantitative modelling support to TBSM Business As Usual (BAU) activities, strategic TBSM projects/initiatives, Treasury stress testing (DFAST/EWST/MST), and Hedging Accounting, etc.
Research industry best practices and support the development of quantitative valuation models for measuring and hedging the interest rate risk of retail, commercial and structured finance products in the Banking book.
Work on MDR/AMR/OMR model submission to meet TD's internal model risk management requirement.
Address model validation, internal/external audit and regulatory requirements and/or findings in a timely manner.
Work effectively with internal and external partners of TBSM, including Front Office, the Investments Team, the Market Risk Measurement and Reporting Team, the Treasury Analytics Group, and the Model Validation and Management Team,
to ensure the soundness and accuracy of the model development and implementation.
Qualifications/Competencies Experience in Model Development and/or Model Validation is desirable.
Experience in fixed income, structured product, market risk related area is a plus.
Experience in QRM, INTEX, and other financial vendor platforms is a plus.
Strong Technical writing skills, especially on financial model documentation.
Solid quantitative skills with a graduate degree in one or more of the related areas such as mathematics, physics, computer science, statistics, and 1-3 years of experience in quantitative analysis / financial engineering is ideal.
Experience using coding languages such as C++/C#, Python, R, VBA programming is a plus.
Strong analytical & communication skills and demonstrated track record of creative problem solving & solution development.
High level of self-motivation.
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 strive to make every interaction, product, and experience remarkably human and refreshingly simple for 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 foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience. TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing. Together, we are reimagining what banking can be for our clients, colleagues and communities.
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. 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.
Training & Onboarding We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.
Language Requirement (Quebec only) Sans Objet
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Our Values At TD we’re guided by our purpose to enrich the lives of our customers, communities and colleagues, and share a set of values that shape our culture and guide our behavior. In exchange for how our colleagues show up to help TD succeed, we are committed to delivering a colleague experience grounded in Impact, Growth and a Culture of Care. No matter where you work across TD, we empower you to make an impact at work and in your community, explore and grow your career and be part of our caring and inclusive culture.
Our Commitment to Diversity, Equity, and Inclusion At TD, we’re committed to fostering an environment where all colleagues are encouraged to bring their authentic selves to work, experience equitable opportunities, and feel respected and supported. We’re dedicated to building an inclusive workforce that reflects the diversity of the customers and the communities in which we live and serve.
Helping to Make an Impact in Communities – TD Ready Commitment TD has a long-standing commitment to help drive progress towards a more inclusive and sustainable future. That’s why we launched the TD Ready Commitment in 2018, now a multi-year North American initiative. Under the TD Ready Commitment, we are targeting a total of C$1 billion by 2030 in community giving across four key, interconnected drivers of change: Financial Security, Vibrant Planet, Connected Communities, and Better Health. It’s our goal to help support change, nurture progress, and contribute to making the world a better, more inclusive place for our customers, colleagues, and communities.
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📌 Modelling / Forecasting Senior Analyst (Quants) (Ontario)
🏢 TD Bank Group
📍 Ontario