Work Location: Toronto, Ontario, CanadaHours: 37.5Line of Business: Analytics, Insights, & Artificial IntelligencePay Details: 81,600 - 115,200 CADJob DescriptionDEPARTMENT OVERVIEWThe Model Governance & Management (MGM) group within Market Risk & Model Development in Risk Management is committed to providing accurate and timely retail risk quantification solutions supporting the Canadian Banking, Auto Finance and Wealth Risk Management (CBAW) business lines.The Model Monitoring team is part of the Model Governance & Management (MGM) is responsible for Expected Loss model and Scorecard model monitoring, and related change management, and control function (Audit, SOX, etc.) and regulatory support for Canadian Retail and Small Business Banking product portfolios.ACCOUNTABILITIES- Assist in Model Monitoring code development, maintenance, and enhancements, including code reviews, as required.- Assist in the development and ongoing improvement of MGM’s Model Monitoring and Governance Framework. This includes monitoring activities relating to the execution and documentation of:1. Model Performance Monitoring (Accuracy, Discrimination, Performance Trending Analysis)2. Population and Characteristic Stability Analysis3. Data Monitoring- Support multiple ad‑hoc requests relating to model performance, working closely with partners in MV, MRM, MD and MGM.- Support Annual Model Reviews and Ongoing Model Validations,
ensuring concise and accurate quantitative analysis and documentation is delivered in a timely fashion for MD, MV, and MRM for review.- Support compiling material for executive committee meetings, status meetings, and dashboard reporting. Material is shared with internal and external stakeholders.- Support coordinating the collecting of evidence and closure of MV, Audit and Regulatory findings.- Adhere to TD and industry best practices and standards for project management (PMLC).- Assisting in other areas within the Model Governance & Compliance space, as requestedMajor programs- In addition to BAU work, MM will be focused on the following transformative initiatives:1. Exploring MGM’s model monitoring mandate to cover other risk models within CBAW RM.Our Total Rewards PackageOur Total Rewards package reflects our investment in employees’ financial, physical, and mental well‑being. It includes a base salary, variable compensation, health and well‑being perks, savings and retirement plans, paid time off, banking benefits and discounts, career development, and reward and recognition programs.Additional InformationThis job opportunity is subject to provincial regulation for employment purposes. Each province or territory within the jurisdiction of Canada may have its own set of regulations and requirements.#J-18808-Ljbffr
📌 Modelling / Forecasting Senior Analyst (Quants) - C$81,600 - C$115,200 A Year (Toronto)
🏢 TD
📍 Toronto