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TD Bank

Modelling / Forecasting Senior Analyst (Quants)

Posted 7 Days Ago
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In-Office
Toronto, ON, CAN
Senior level
In-Office
Toronto, ON, CAN
Senior level
Develops and maintains quantitative models supporting global liquidity, stress testing, regulatory capital, and economic capital. Responsibilities include model testing, validation support, documentation, change management, performance monitoring, and responding to audit and regulatory inquiries. The role collaborates with treasury, market risk, technology, reporting, and second-line model validation teams while advising on pricing library usage and ensuring model accuracy.
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Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

Analytics, Insights, & Artificial Intelligence

Pay Details:

81,600 - 115,200 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:

Summary                      

The Treasury and Balance Sheet Management (TBSM) department of TD Bank manages TD's non-trading market risk, liquidity risk, capital, investment portfolios, wholesale funding programs, pension plans, and transfer prices funds to the businesses. The Treasury Modelling within TBSM is responsible for ensuring appropriate modelling methodologies are used to support treasury activities and improve decision making. Within the modelling team, this role supports Global Liquidity and TDBG ICAAP (Economic Capital).

Responsibilities            

The Modelling / Forecasting Sr. Analyst is responsible for model development and maintenance activities for Global Liquidity and TDBG ICAAP (Economic Capital). The role may contribute to associated tasks including model control, materials preparation and assist with asks from TBSM counterparts, second line teams, and auditors / regulators. The position reports to the Senior Manager, Treasury Modelling. Detailed accountabilities include:

  • Develop models used for Global Liquidity (LCR, NCCF, NSFR, Stress Testing) and TDBG ICAAP (Economic Capital / Pillar II risks).
  • Advise TBSM and technology resources on pricing library usage; devise and execute testing to support recommendations.
  • Assist with the validation process with second-line MV, including preparation of model documentation and response to second line inquiries.
  • Assist with maintenance of such models, including change management, finding closures, ongoing performance monitoring and methodology document updates.
  • Work effectively with Global Liquidity Management, MV/MRM, TBSM Technology, Market Risk and reporting teams to ensure the soundness and accuracy of the model development and implementation.

Qualifications/Competencies   

  • Strong quantitative skills with a graduate degree in a quantitative discipline such economics, mathematics, statistics, engineering, or similar.
  • 3+ years of model development or validation experience, ideally in a capital or treasury function, with solid programming skills / material preparation ability.
  • Able to work across teams to achieve complex goals/deliverables in a timely manner.
  • Good communicator, in addition to documenting complex model concepts thoroughly, is able to present complex material in a clear, concise manner.
  • Experience with handling regulatory / audit requests. Ideally, familiar with both the US and Canadian regulatory environments.

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

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