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corporate affairs manager
Title posted on CareerBeacon - Senior Manager, Advanced Analytics (Quants)
Posted on November 17, 2024 by Employer details TD Bank
Job details
Work Location:Toronto, Ontario, CanadaHours:37.5Line of Business:Analytics, Insights, & Artificial IntelligencePay Details:$108,800 - $163,200 CADThis role is temporarily eligible for a pay premium above the posted salary range that is reassessed annually. You are encouraged to have an open dialogue with your recruiter who can provide more specific pay details for this role.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:Job DescriptionThe position reports to AVP, Non-retail Model Validation group. Detailed accountabilities include:Lead a team of quantitative professionals to validate the TBSM Integration /Aggregation models for IRRBB reporting (xFP metrics, EVE and NII), Hedge Accounting (HA) reporting, and Funds Transfer Pricing (FTPs) Work with team to develop an effective and efficient validation testing plan based on structure / design of different aggregation system and complete validation in time to support various business initiatives and regulators' requirements. Supervise team's validation work to ensure capture all material & critical model limitations and execution / implementation accuracy of the validation testing. Support team to have an effective communication with different stakeholders from 1st line and in-time solve model limitations / issues to meet validation lead time target. 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 the independent vetting and validation.Maintain full professional knowledge of techniques and developments in the quantitative analysis in IRRBB, and HA, 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 Bank's internal Model Risk Policy, adhere with industry best practices, and meet regulatory requirements.Lead and develop internal team.Ensure performance objectives are set for internal staff and that performance feedback is provided on a regular basis.Communicate group objectives and strategies and align team activities in support of business objectives.Support employee development activities, coach, and support direct reports in meeting their personal development objectives.Respond to requests from both Canadian and U.S. regulators, internal and external audit in their review/audit of risk models and vetting/validation process and procedures. Provide information and assistance as required.Work effectively with internal model development group, Audit, and other internal partners to ensure risk models meet required Bank standards for use.Job RequirementsAdvanced quantitative skills with post-secondary degree in one or more of the following areas: finance, financial engineering, statistics, economics / econometrics, mathematicsIn-depth knowledge of financial products / portfolios regarding cash flow pattern, embedded optionality, key factors impacting cash flow, and their pricing / valuation approach as well as financial / regulatory reporting in IRRBB, liquidity, and HA4 years + Experience in either developing or valida- LocationToronto, ON
- Workplace information On site
- SalaryNot available
- Terms of employment Permanent employmentFull time
- Starts as soon as possible
- vacancies 1 vacancy
- Source CareerBeacon #2123741
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