Manager, Credit Risk Initiatives, Risk Management (7557)

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

Risk Management

Pay Details:

96,900.00 - 136,800.00 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:

Credit Risk Policy (CRP) group is accountable for review of all enterprise-level and segment level credit policies, model governance for Canadian Non-Retail Models, and lead enterprise level credit risk initiatives including regulatory projects.

The Credit Risk Initiatives group within CRP is accountable for:

• Leading enterprise-level credit initiatives such as the overhaul of the Risk-Weighted Assets (RWA) forecast process and other regulatory projects.

• Credit Risk governance and control processes including the annual Basel IRB compliance attestation.

• Co-ordinating deliverables and presentations for the Risk Committee of Board (RCoB), Senior Executive Team (SET) and the Financial Risk Management (FRM) forum meetings.

Job Description/Accountabilities:

Within the Credit Risk Initiatives team, the Manager will play a key role in executing and revamping the RWA credit risk forecast process and credit risk analytics with the following accountabilities:

• Execute the quarterly Credit Risk RWA forecast, including preparation of presentation materials for risk executives.

• Develop deep insights into the drivers of RWA, enhance and align forecasting methodologies across the enterprise by integrating new RWA capabilities

• Build and enhance RWA credit risk reporting and dashboards, ensuring that key messaging is communicated effectively to executives and other stakeholders  

• Perform additional ad hoc credit risk analyses as required, including sensitivity and scenario analyses to support model and regulatory changes.

• Enhance governance, documentation and streamline the end-to-end RWA forecasting process.

In addition to the above accountabilities, the Manager will also be responsible for supporting other initiatives, including

• Implement and execute new quantitative models used for RWA forecasting and enhance the tool capable of performing sensitivity analysis across various scenarios for BAU and stress-testing,

• Advance credit risk analytics to provide deep insights that identify portfolio trends, risks, and opportunities.

The role will interact frequently with teams within Credit Risk, Enterprise Capital Management, Finance and Model Development.

Qualifications:

• Understanding of regulatory frameworks relate to credit risk, capital requirements, and RWA calculations.

• Proficient in Python and other programming languages to implement and enhance RWA forecasting models

• Strong analytical skills, with experience in Business Analytical Tools (Power BI, Alteryx) 

• Proven ability to build effective relationships with stakeholders and influence to deliver on key priorities.

• Project management skills, capable of managing multiple deliverables with competing priorities.

• Proficient in creating PowerPoint presentations and dashboard that deliver strong messaging for executive level audiences

• Excellent written and verbal communication skills

• Committed to continuously find ways to enhance capabilities, improve processes, and strive for better outcomes.

Education / Experience:

• A minimum of 3-5 years of relevant experience in capital RWA, credit risk or a related field

• Undergraduate or graduate business degree or equivalent relevant experience.

Who We Are:

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 strive to make every interaction, product, and experience remarkably human and refreshingly simple for 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 foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience. TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing. Together, we are reimagining what banking can be for our clients, colleagues and communities.

Our Total Rewards Package
Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical, and mental well-being goals. Total Rewards at TD includes a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. Learn more

Additional Information:
We’re delighted that you’re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive both at work and at home.

Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.

Colleague Development

If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities.

If you’re passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact.  

We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best.

Training & Onboarding
We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.

Interview Process 
We’ll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

Accommodation
Your accessibility is important to us. Please let us know if you’d like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.

We look forward to hearing from you!

Language Requirement (Quebec only):

Sans Objet