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manager, corporate sales

Title posted on CareerBeacon - Manager, Advanced Analytics (Quants) ()

Posted on May 02, 2025 by Employer details TD Bank

Job details

Work Location:Toronto, Ontario, CanadaHours:37.5Line of Business:Analytics, Insights, &amp; Artificial IntelligencePay Details:$91,200 - $136,800 CADThis role is eligible for a discretionary variable compensation award that considers business and individual performance.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 OverviewThe Model Validation (MV) group in Enterprise Risk, Risk Management is responsible for the independent validation and approval of all analytical models used for pricing, hedging and risk and capital evaluation of financial products and portfolios of financial products.Job DescriptionThe position reports to Senior Manager, Advanced Analytics ? Liquidity Risk Management Model Validation Detailed accountabilities include:Independently validate the Liquidity Risk Management (LRM) models developed or owned by TD Treasure and Balance Sheet Management (TBSM) group. Develop an effective and efficient validation testing plan based on structure / design of different aggregation system and complete validation in time to support various Liquidity Risk Management initiatives and regulators' (i.e. OSFI, Fed's, OCC, and EBA) requirements. Assess soundness of the model design and modelling data quality, conduct validation testing to assess model implementation accuracy and model performance, and assess the adequacy of model governance /controls according to the validation testing plan Have an effective communication with different stakeholders from 1st line and in-time solve model limitations / issues to meet validation lead time target. Prepare 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 LRM &amp; liquidity risk reporting and share knowledge with business partners and senior management.Assume a subject matter subject (SME) role to support 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.Instruct / support junior validators in internal team for different LRM model validationsSupport to prepare responses 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.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, mathematicsSolid knowledge of financial products / portfolios regarding cash flow pattern and requirement, key factors impacting cash flow, and their pricing / valuation approach as well as financial / regulatory reporting in liquidity risk management2 years + Experience in either developing or validating large TBSM reporting systems in liquid