Work Location: Toronto, Ontario, Canada

Hours: 37.5

Line Of Business: Audit

Pay Details: $96,900 - $136,800 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

Department Overview:

Our team of trusted audit professionals interact with every part of the Bank to provide strategic guidance and independent oversight. Through due diligence, and with a strong sense of integrity, we help mitigate potential risks to our business. At the heart of audit is our specialization in all the businesses across the bank.

Safeguarding the reputation of TD's good governance depends on us.

We’re counted on to provide recommendations to enhance operational performance, at every single level to foster meaningful process improvements and ensure adherence to internal and external regulations. We crunch the data, consult with our partners and stakeholders, and present our findings to mitigate the risks of today and around the corner and help keep our daily operations running smoothly for our customers.

Technical Experience Required





- Strong expertise in quantitative financial models such as credit risk models (PD, LGD, EAD, CECL), discounted cash flow and derivatives pricing models, Treasury market risk, counterparty credit risk, VaR, or portfolio risk and performance models. Financial Crime Risk (AML/BSA) and fraud detection models are a strong plus.
- Demonstrated experience assessing model design, development, validation, implementation, performance monitoring, or governance, supported by strong knowledge of regression analysis, hypothesis testing, probability theory, time series analysis, stochastic processes, simulation methodologies, and model performance measurement.
- Expertise in evaluating AI-related risks and reviewing Machine Learning (ML), Generative AI (GenAI), and Agentic AI models, including their development, validation, governance, and ongoing performance monitoring are plus.
- Experience evaluating model assumptions, data quality, feature engineering, model limitations, performance, governance, explainability, fairness, robustness, and ongoing monitoring across traditional statistical, machine learning, and AI models.
- Proficiency in one or more programming languages or analytical platforms, such as Python, SQL, SAS, R, MATLAB, VBA, or other quantitative and data analytics technologies.
- Experience with model implementation, deployment, lifecycle management,



and production model environments is considered an asset.
- Knowledge of model risk management frameworks, regulatory expectations, and industry standards, including SR 26-2, Basel, CCAR, CECL/IFRS 9, and AI governance frameworks, is preferred.
- Prior experience conducting model audits, model validations, or independent model reviews within financial institutions, regulatory organizations, or consulting firms is highly desirable.
- Strong analytical, critical thinking, and problem-solving skills, with the ability to assess complex quantitative and AI-related risks.
- Excellent written and verbal communication skills, with the ability to effectively communicate complex quantitative, statistical, and AI concepts to both technical and non-technical stakeholders.
- Proven ability to manage multiple priorities and deliver high-quality results in a fast-paced workplace.
- Experience coaching, mentoring, and developing team members, while contributing to the enhancement of audit methodologies, tools, and best practices.
- Demonstrated ability to lead or support moderately complex audit engagements, model reviews, and cross-functional initiatives, while collaborating effectively with diverse stakeholders and senior management.
- 7+ years of relevant experience in quantitative areas.

CUSTOMER

- Support the development and implementation of audit programs by contributing insights and assisting with planning activities.
- Participate in audit engagements across multiple areas, helping ensure audits are conducted in line with established standards and timelines.
- Execute the development of Audit Planning Memorandum (APM), Process Risk and Control Matrix (pRCM), Findings G

📌 Audit Manager II, Models Audit (Toronto)
🏢 TD
📍 Toronto