Work Information Work Location: Toronto, Ontario, Canada Hours: 37.5 Line of Business: Analytics, Insights, & Artificial Intelligence Pay Details: $115,600 - $163,200 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 The Model Validation (MV) group in Enterprise Risk, Risk Management is responsible for the independent validation and approval of all analytical models used for TD. The position reports to AVP, TBSM / FCRM/ TDAM/TDI Model Validation group. Detailed accountabilities include:
Lead a team of quantitative professionals to validate TDI insurance models
Work with team to develop an effective and efficient validation testing plan based on design of different models and complete validation in time to support various business initiatives and regulators requirements.
Supervise team's validation work and provides day to day direction as needed to capture all material & critical model limitations and execution / implementation accuracy of the validation testing.
Guide MV team to solve programming issues / testing issues, ensuring completion of validation within SLA lead time.
Support team to have effective communication with different stakeholders from 1st line and in-time solve model limitations / issues to meet validation lead time target.
Manage validation team for different validation tasks to meet validation lead time KPIs.
Work with team to deliver high quality model validation reports with adequate information and justification to support validation conclusions and Audit / regulator review / assessment of validation process and validation analysis.
Recommend the approval of the models or other corrective actions based on independent vetting and validation.
Work in a highly interactive, team-oriented setting with Big Data developers, and analytical experts to effectively manage available resource to complete validation in time for different business initiatives and priorities.
Provide analytical thought leadership and stays current of techniques and developments in actuarial or ML/AI modeling for Insurance and share knowledge with business partners and senior management.
Assume a leadership role in developing standards and procedures for vetting and validation that are compliant with the
📌 Senior Manager, Advanced Analytic, Insurance Model Validations (Toronto)
🏢 TD Bank Group
📍 Toronto
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