Manager, Advanced Analytics - Trading Surveillance & Insider Risk (US)

TD • Mount Laurel Township, NJ

28d

About The Position

The Model Validation (MV) group in Enterprise Risk, Risk Management is responsible for the independent validation and approval of all analytical models used for TD. The position reports to Senior Manager, Trading Surveillance and Insider Risk Models Validation. Detailed accountabilities include: Validates Financial Crime Risk Management (FCRM) models for Trading Surveillance Develop an effective and efficient validation testing plan based on design of different FRCM models and complete validation in time to support various business initiatives and regulators requirements. Conduct or instruct junior validator for different validation analyses to ensure capture all material & critical model limitations. Have effective communication with different stakeholders from 1st line and in-time solve model limitations / issues to meet validation lead time target. 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. Recommends the approval of the models or other corrective actions based on independent vetting and validation. Maintains full professional knowledge of techniques and developments in FCRM modeling for Trading Surveillance and Insider Risk Management and share knowledge with business partners and senior management. Supports 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. Supports Senior Manager to develop and coach Junior validators Responds 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. Works effectively with internal model development group, Audit, and other internal partners to ensure risk models meet required Bank standards for use. Depth & Scope: Provides people management leadership by hiring the best talent, setting goals, developing staff, managing employee performance and compensation decisions, promoting teamwork and handling any/all disciplinary actions, as required Leads and manages a sizeable team of Analyst professionals and overall operation of a diverse group in an area of moderate risk, complexity or scope Ensures an integrated approach with other business management areas, broader organization, and enterprise as appropriate Deep knowledge and understanding of businesses/technology, and organizational practices/disciplines Sound to advanced knowledge of external competition, industry and/or market trends in relation to own function/business Focuses on short to medium-term issues (e.g. 6-12 months)

Requirements

• Undergraduate degree or advanced technical degree preferred (e.g., math, physics, engineering, finance or computer science)
• Graduate's degree preferred with either progressive project work experience, or;
• 5+ year of relevant experience; higher degree education and research tenure can be counted

Nice To Haves

• Post-secondary degree in one or more of the following areas: computer science, statistics, mathematics, financial engineering, or engineering
• Experience in either developing or validating FRCM models with exposure in AI / ML
• In-depth knowledge of FCRM modeling for Trading Surveillance, Trading Strategy and Algorithm, or FI operations
• Proficient in relevant programming languages & software such as Python, H2O.AI, Scala, etc.
• Excellent verbal and written communication skills
• Excellent time / project management and multitasking skills with minimal supervision

Responsibilities

• Validates Financial Crime Risk Management (FCRM) models for Trading Surveillance
• Develop an effective and efficient validation testing plan based on design of different FRCM models and complete validation in time to support various business initiatives and regulators requirements.
• Conduct or instruct junior validator for different validation analyses to ensure capture all material & critical model limitations.
• Have effective communication with different stakeholders from 1st line and in-time solve model limitations / issues to meet validation lead time target.
• 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.
• Recommends the approval of the models or other corrective actions based on independent vetting and validation.
• Maintains full professional knowledge of techniques and developments in FCRM modeling for Trading Surveillance and Insider Risk Management and share knowledge with business partners and senior management.
• Supports 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.
• Supports Senior Manager to develop and coach Junior validators
• Responds 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.
• Works effectively with internal model development group, Audit, and other internal partners to ensure risk models meet required Bank standards for use.
• Provides people management leadership by hiring the best talent, setting goals, developing staff, managing employee performance and compensation decisions, promoting teamwork and handling any/all disciplinary actions, as required
• Leads and manages a sizeable team of Analyst professionals and overall operation of a diverse group in an area of moderate risk, complexity or scope
• Ensures an integrated approach with other business management areas, broader organization, and enterprise as appropriate
• Deep knowledge and understanding of businesses/technology, and organizational practices/disciplines
• Sound to advanced knowledge of external competition, industry and/or market trends in relation to own function/business
• Focuses on short to medium-term issues (e.g. 6-12 months)
• Leads team of Data Modelling professionals and provides day to day direction as needed
• Acts as People Manager and is responsible for ongoing coaching and development, setting objectives, assessing performance
• Leads and oversees the design and delivery of enterprise analytic solutions for customers
• Oversees build of complex statistical models that learn from and scale to petabytes of data
• Works in a highly interactive, team-oriented environment with Big Data developers, and analytical experts
• Provides analytical thought leadership and stays current on developments in data mining
• May be accountable to lead team in developing powerful business insights from social marketing and industrial data using advanced machine learning techniques
• Ensures team adheres to enterprise frameworks and methodologies related to overall business management activities
• Supports team in staying knowledgeable on emerging issues, trends and evolving regulatory requirements and assesses potential impacts to the Bank
• Assesses/identifies key issues and escalates to appropriate levels and relevant stakeholders and business management where required
• Ensures business operations are in compliance with applicable internal and external requirements (e.g. financial controls, segregation of duties, transaction approvals and physical control of assets)
• Leads relationships with business lines / corporate and/or control functions to ensure alignment with enterprise and/or regulatory requirements
• Leads or contributes to cross-functional/enterprise initiatives as an organizational or subject matter expert helping to identify risk / provide guidance for complex situations
• Protects the interests of the organization – identifies and manages risks, and escalates non-standard, high-risk transaction/ activities as necessary
• Manages oversight process, risk-based identification and monitoring of related risks and regulatory compliance across the supported functions, while ensuring key controls and processes are effectively managed
• Oversees or leads the facilitation and/or implementation of action/remediation plans to address performance/risk/governance issues
• Maintains a culture of risk management and control, supported by effective processes in alignment with risk appetite
• Cultivates and models the Colleague Promise to support colleague growth, and a culture of care; makes an impact at work and in our communities by leading with authenticity and supporting well-being to represent TD's brand
• Connects the alignment of colleague's contributions with the TD Shared Commitments
• Builds and retains an engaged and diverse team where every colleague and customer are valued, respected, and listened to; committed to a common goal and collaborate to move with speed and get things done
• Demonstrates inclusive leadership by taking meaningful action with intention to support colleagues and customers across all dimensions of diversity, including those from underrepresented communities, being actively anti-racist, attracting and retaining diverse slate of candidates, nurturing mutual respect, inclusivity of thought and collaboration to drive successful results
• Recruits, identifies strong talent and develops a diverse talent pipeline of qualified workforce to innovate and maximize individual strengths to lead to a better business outcome
• Enables colleague growth by encouraging colleague development to achieve career and business objectives, ensuring timely motivating appreciation and recognition to all colleagues
• Enables a continuous learning culture by proactively seeking, listening to and actioning feedback from peers and from colleague listening opportunities to continuously improve the colleague experience and grow your personal leadership
• Models sharing of knowledge, information, skills, and subject matter expertise among the team; ensures timely management and escalation of issues, and leads collaboration with other functions and teams
• Leads your team through change and creates an environment where teams feel psychologically safe to challenge current practices by modeling resiliency and flexibility, providing direction on changing priorities and empowering colleagues to drive innovation
• Enables a high-performance culture by setting team targets and objectives, facilitating on-going and proactive feedback/coaching and conducting Quarterly Check-Ins for all colleagues to drive accountability and business results
• Manages employees in compliance with all human resources policies, procedures and guidelines of conduct

Benefits

• Total Rewards at TD includes base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees