Quantitative Analytics Specialist

TD Bank•Wilmington, DE

12d•$95,264 - $142,896

About The Position

Department Overview: The TD Bank Credit Cards & Unsecured Lending (CCUL) Credit Management department is responsible for managing the credit lifecycle of credit card and unsecured loan products offered to customers. The Quantitative Analytics Specialist team responsibilities will include developing and maintaining statistical and machine learning models to predict credit risk across the lifecycle (e.g., acquisition, existing account managements, collection). The Quantitative Analytics Specialist provides the quantitative analysis and builds the advanced quantitative models to meet business requirements. In addition, the Quantitative Analyst provides highly specialized quantitative analytical and modeling support at the assigned line(s) of business and Lead the development and enhancement of advanced quantitative models to enable efficient pricing and risk management of business products. Provide analysis through in-depth understanding of the models, markets and business to help drive business results, strategy and decision making. Depth & Scope: Provides financial, analytical, modeling expertise to build quantitative models for business projects Conducts complex quantitative analysis as it applies to areas of responsibility, such as a specific model or portfolio In-depth understanding of the whole function and/or key business areas supported Performs statistical model assumptions' tests for soundness of model theory Hands on modeling in the entire life cycle Leads activities of unit, assigning, prioritizing and monitoring work Reviews model results and identifies unexpected results Provides training and mentoring for new and less experienced staff Resolves escalated issues and problems by conferring with staff Provides financial, analytical, planning, and forecasting expertise to assist in the development and completion of projects Develops specialized analytical tools for projects or ongoing use May manage the development of conclusions and courses of action to rectify discrepancies as well as analyses to be presented to management for aid in decision-making processes May lead additional research efforts, applying expertise in statistical analysis and modeling. Explores best practice modeling techniques for model enhancement Develops and maintains strong business relationships with business line management Highly seasoned professional role requiring substantial knowledge / expertise in a complex field and knowledge of broader related areas Integrates knowledge of the enterprise sub-function’s or business line’s overarching strategy in developing solutions across multiple functions or operations Interprets internal/external business challenges and the industry environment, recommends course of action and best practices to improve products, processes or services Acts as a technical expert / lead integrating cross-function understanding within their own field of specialty; may manage team(s) of related specialists Leads cross-functional teams or projects with significant resource requirements, risk and / or complexity Independently manages end-to-end functional programs Solves or may lead others to solve complex problems; leads efforts or partners with others to develop new solutions Uses sophisticated analytical thought to exercise judgement and identify solutions Impacts the achievement of sub-function or business line objectives within the area they are accountable for Work is guided by policies and industry standards/methods Communicates difficult concepts; converts information to compelling business context and advice; influences and gains alignment across increasingly senior stakeholders Works autonomously as the lead and guides others within area of expertise

Requirements

Undergraduate degree required, 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+ years relevant experience
In-depth knowledge of quantitative models and statistical analysis
Proven interpersonal and consultative communication skills with well-developed presentation skills
Ability to successfully plan, develop, lead, and execute projects
Ability to effectively interpret, select appropriate techniques, take independent action, communicate, and follow-through
Proven ability to manage competing priorities effectively, making good decisions based on business priorities and objectives
Comprehensive practical knowledge of quantitative forecasting models, financial analysis techniques and methodologies
Demonstrated knowledge of financial analysis and planning software applications
Proven ability to employ complex analytical tools and statistics to perform analysis and forecasting of financial and other business information
Proficiently use Microsoft Office tools to prepare and present analysis results to the audience
Ability to exercise sound judgment in making decisions
Ability to analyze complex information and develop plans to address identified issues
Demonstrated skills in conflict resolution, strong intuitive judgment and negotiation/influencing skills, flexibility and adaptability to changing priorities in a fast-paced environment, along with a strong consultative approach
Skill in collecting, organizing and analyzing complex or technical data
Skill in using logic and reasoning to identify the strengths and weaknesses of alternative situations, conclusions or approaches to problems
Skill in active learning by understanding the implications of new information for both current and future problem solving and decision making
Skill in identifying complex problems and reviewing related information to develop and evaluate options and implement solutions
Skill in decision making by considering relative costs and benefits of potential actions and choosing the most appropriate option
Ability to determine which issues to escalate versus to resolve independently, and provide suggestions for possible resolution
Ability to combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events)
Ability to evaluate documents for accuracy and legal conformance
Ability to anticipate and diffuse problems before they occur
Ability to conduct short-range and long-range business planning
Ability to develop objectives, evaluate effectiveness and assess needs
Ability to recognize, analyze and solve a variety of problems
Ability to identify problems, evaluate alternatives and implement effective solutions
Ability to implement new systems and procedures and to evaluate their effectiveness
Ability to problem solve a variety of situations
Ability to contribute to strategic direction of the function and provide advice to senior leadership
Ability to think strategically and possess strong business acumen
Advanced skills in SAS and SQL
Advanced level in statistical analysis and modeling tools

Nice To Haves

PhD Degree in quantitative area
Financial institution experience
Strong modeling background (Scorecard model development experience preferred)
Experience interpreting/explaining complex mathematical problems to stakeholders
Presentation experience

Responsibilities

Provides financial, analytical, modeling expertise to build quantitative models for business projects
Conducts complex quantitative analysis as it applies to areas of responsibility, such as a specific model or portfolio
In-depth understanding of the whole function and/or key business areas supported
Performs statistical model assumptions' tests for soundness of model theory
Hands on modeling in the entire life cycle
Leads activities of unit, assigning, prioritizing and monitoring work
Reviews model results and identifies unexpected results
Provides training and mentoring for new and less experienced staff
Resolves escalated issues and problems by conferring with staff
Provides financial, analytical, planning, and forecasting expertise to assist in the development and completion of projects
Develops specialized analytical tools for projects or ongoing use
May manage the development of conclusions and courses of action to rectify discrepancies as well as analyses to be presented to management for aid in decision-making processes
May lead additional research efforts, applying expertise in statistical analysis and modeling.
Explores best practice modeling techniques for model enhancement
Develops and maintains strong business relationships with business line management
Independently manages end-to-end functional programs
Leads cross-functional teams or projects with significant resource requirements, risk and / or complexity
Solves or may lead others to solve complex problems; leads efforts or partners with others to develop new solutions
Uses sophisticated analytical thought to exercise judgement and identify solutions
Impacts the achievement of sub-function or business line objectives within the area they are accountable for
Communicates difficult concepts; converts information to compelling business context and advice; influences and gains alignment across increasingly senior stakeholders
Works autonomously as the lead and guides others within area of expertise
Provide financial, analytical, planning, and forecasting expertise to assist in the development and completion of relevant model development or validation projects
Perform quantitative analysis, programming and computer modelling related to the research of consistent operational risk measurements across broad range of relevant products
Apply in-depth understanding of the whole function and/or key business areas supported in the development or validation of complex models
Perform quantitative model assumptions' tests for soundness of model theory
Review model results and identifies unexpected results
Develop specialized analytical tools for projects or ongoing use
May manage the development of conclusions and courses of action to rectify discrepancies as well as analyses to be presented to management for aid in decision-making processes
May assist with creation and oversight of model documentation, as necessary
May lead additional research efforts, applying expertise in quantitative analysis and modeling
Explore best practice modeling techniques for model enhancement
Perform analysis of model risk and valuation calculations as applied to current markets, explain and validate results with trading management, and justify or remediate any observed anomalies
Assist in the development, forecasting, and analysis of potential responses to regulatory inquiry related to models
Adhere to enterprise frameworks or methodologies that relate to activities for our business area
Ensure respective programs/policies/practices are well managed, meets business needs, complies with internal and external requirements, and aligns with business priorities
Consistently exercise discretion in managing correspondence, information and all matters of confidentiality; escalate issues where appropriate
Ensure business operations follow applicable internal and external requirements (e.g. financial controls, segregation of duties, transaction approvals and physical control of assets)
Participate in cross-functional / enterprise / initiatives as a subject matter expert helping to identify risk / provide guidance for complex situations
Conduct internal and external research projects; support the development/ delivery of presentations / communications to management or broader audience
Conduct meaningful analysis at the functional or enterprise level using results to draw conclusions, make recommendations, assess the effectiveness of programs/ policies/ practices
Monitor service, productivity and assess efficiency levels within own function and implement continuous process / performance improvements where opportunities exists
Lead / facilitate and/or implement actions / remediation plans to address performance / risk /governance issues
Actively manage relationships within and across various business lines, corporate and/or control functions and ensure alignment with enterprise and/or regulatory requirements
Keep abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impacts
Maintain a culture of risk management and control, supported by effective processes in alignment with risk appetite
Be engaged in advancing and sustaining a unique, inclusive culture that reflects TD's diversity agenda, and create an extraordinary employee experience
Participates fully as a member of the team and contribute to a positive work environment
May provide leadership, training, and guidance to other team members
Ensures ongoing communication with the team on the status / progress of projects and issues / points of interest
Actively shares information and knowledge, and proactively learn from the expertise of others
Participate fully as a member of the team, support a positive work environment that promotes service to the business, quality, innovation and teamwork and ensure timely communication of issues/ points of interest
Provide thought leadership and/ or industry knowledge for own area of expertise in own area and participate in knowledge transfer within the team and business unit
Keep current on emerging trends/ developments and grow knowledge of the business, related tools and techniques
Participate in personal performance management and development activities, including cross training within own team
Keep others informed and up-to-date about the status / progress of projects and / or all relevant or useful information related to day-to-day activities
Contribute to team development of skills and capabilities through mentorship of others, by sharing knowledge and experiences and leveraging best practices.
Lead, motivate and develop relationships with internal and external business partners / stakeholders to develop productive working relationships.
Contribute to a fair, positive and equitable environment that supports a diverse workforce
Act as a brand ambassador for your business area/function and the bank, both internally and/or externally

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.

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