Modelling​/Forecasting Senior Analyst; Quants

Modelling / Forecasting Senior Analyst (Quants)

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Pay Details
$76,800 - $115,200 CAD

Work Location
Toronto, Ontario, Canada

Hours
37.5

Line Of Business
Analytics, Insights, & Artificial Intelligence

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  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.

As the Senior Quantitative Analytics Analyst, you will work on Non‑retail Credit parameter model (Point‑in‑Time PD/LGD/EAD) and stress testing model for the US commercial portfolio, and perform analytics activities, ensuring business strategies and initiatives are delivered in compliance with TD's Model Risk Policy and relevant Data Governance requirements. This position provides excellent learning and career opportunities in a highly professional and motivated team environment, and exposure to high‑paced and impactful modeling projects and a wide variety of internal and external stakeholders.

• Maintain and enhance IFRS 9/ CECL Point‑in‑Time risk parameter models and allowance models with mathematical methodologies and time series models for the US commercial portfolio.
• Develop and implement credit risk stress testing/forecasting models.
• Assist with analytics and reporting activities such as scenario analysis, sensitivity analysis, attribution analysis, impact assessment, etc.
• Build and maintain analytics platforms for the above.
• Effectively communicate model methodology and maintain well‑articulated documentation.
• Ensure compliance with the TD's Model Risk Policy & relevant Data Governance requirements.
• Maintain and contribute to the enhancement of the current models and develop credit risk models for new business lines as required.

• Graduate degree in Economics, Statistics, Mathematics, Financial Engineering, or other related quantitative discipline.
• Knowledge of credit risk models such as Basel III Capital framework, credit risk parameters (PD,LGD,EAD), stress testing methodologies, IFRS 9 forward‑looking methodologies, Credit Metrics framework and Moody’s Analytics|K MV Risk Frontier.
• Experience with MATLAB/SAS/Python/R is a requirement; ability to read and write C++ code is an asset.
• Advanced quantitative modeling skills; experience working with econometric models and advanced statistical models.
• Excellent communication skills, verbally and in writing.
• Strong conceptual, analytical, and problem‑solving skills.

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, the people 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, and we believe that all colleagues, no matter where they work, are customer‑facing. We innovate to enhance the customer experience and build capabilities to shape the future of banking.

Whether you’ve had 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, mentorship and training programs, we’re here to support you towards your goals.…