Modelling / Forecasting Senior Analyst (Quants)

TD•Toronto, ON

3d•CA$81,600 - CA$115,200•Onsite

About The Position

The Model Governance & Management (MGM) group within Market Risk & Model Development in Risk Management is committed to providing accurate and timely retail risk quantification solutions supporting the Canadian Banking, Auto Finance and Wealth Risk Management (CBAW) business lines. The Model Monitoring team is part of the Model Governance & Management (MGM) is responsible for Expected Loss model and Scorecard model monitoring, and related change management, and control function (Audit, SOX, etc.) and regulatory support for Canadian Retail and Small Business Banking product portfolios.

Requirements

Model Monitoring code development, maintenance, and enhancements
Model Performance Monitoring (Accuracy, Discrimination, Performance Trending Analysis)
Population and Characteristic Stability Analysis
Data Monitoring
Annual Model Reviews and Ongoing Model Validations
Quantitative analysis and documentation
Compiling material for executive committee meetings, status meetings, and dashboard reporting
Coordinating the collecting of evidence and closure of MV, Audit and Regulatory findings
Adherence to TD and industry best practices and standards for project management (PMLC)

Nice To Haves

Model Monitoring code development, maintenance, and enhancements, including code reviews, as required.
Development and ongoing improvement of MGM’s Model Monitoring and Governance Framework.
Monitoring activities relating to the execution and documentation of: Model Performance Monitoring (Accuracy, Discrimination, Performance Trending Analysis) Population and Characteristic Stability Analysis Data Monitoring
Support multiple ad-hoc requests relating to model performance, working closely with partners in MV, MRM, MD and MGM.
Support Annual Model Reviews and Ongoing Model Validations, ensuring concise and accurate quantitative analysis and documentation is delivered in a timely fashion for MD, MV, and MRM for review.
Support compiling material for executive committee meetings, status meetings, and dashboard reporting. Material is shared with internal and external stakeholders.
Support coordinating the collecting of evidence and closure of MV, Audit and Regulatory findings.
Adhere to TD and industry best practices and standards for project management (PMLC).
Assisting in other areas within the Model Governance & Compliance space, as requested
Exploring MGM's model monitoring mandate to cover other risk models within CBAW RM.

Responsibilities

Assist in Model Monitoring code development, maintenance, and enhancements, including code reviews, as required.
Assist in the development and ongoing improvement of MGM’s Model Monitoring and Governance Framework. This includes monitoring activities relating to the execution and documentation of: Model Performance Monitoring (Accuracy, Discrimination, Performance Trending Analysis) Population and Characteristic Stability Analysis Data Monitoring
Support multiple ad-hoc requests relating to model performance, working closely with partners in MV, MRM, MD and MGM.
Support Annual Model Reviews and Ongoing Model Validations, ensuring concise and accurate quantitative analysis and documentation is delivered in a timely fashion for MD, MV, and MRM for review.
Support compiling material for executive committee meetings, status meetings, and dashboard reporting. Material is shared with internal and external stakeholders.
Support coordinating the collecting of evidence and closure of MV, Audit and Regulatory findings.
Adhere to TD and industry best practices and standards for project management (PMLC).
Assisting in other areas within the Model Governance & Compliance space, as requested
In addition to BAU work, MM will be focused on the following transformative initiatives: Exploring MGM's model monitoring mandate to cover other risk models within CBAW RM.