Risk Portfolio Analyst III (US)

TD Bank • Southfield, MI

3d

About The Position

The Risk Portfolio Analyst III provides skilled analytical research, analysis, and project-oriented support. Analyzes the quality of key risk components of assigned retail credit portfolios. Provides analysis of portfolio risks and makes recommendations to Senior Management regarding the direction of future lending activities. Interacts with external accountants and regulators; the Federal Reserve, Office of Controller of Currency (OCC), and Office of the Superintendent of Financial Institutes (OSFI) and interacts with Risk and Analytical professionals at TDCT and TDBFG. In accordance with the governing principles outlined in the TD Enterprise Risk Appetite Statement and the framework documented in the Retail Credit Risk Management Mandate, the Risk Portfolio Analyst is responsible to effectively manage, monitor and control risk of the retail lending segments within TD Bank. Performs functions noted for Risk Portfolio Analyst II Manages complex analytical initiatives and interacts with TDCT Risk and Retail Lending lines of businesses Works independently and interacts with internal/external accountants, auditors and bank regulators Directs credit activities relating to risk exposure, credit policy, and credit underwriting changes to Senior Money-out Executives Mentors junior level analysts Oversees the retail credit portfolio analysis in support of financial, regulatory and risk management requirements Provides guidance and assists staff with most complex aspects of work as necessary Shares knowledge with others in the group Contributes to and supports achievement of department/business unit goals Acts as subject matter expert in assisting the Manager of Risk Analytics during the analysis for the US Allowance for Loan and Lease Losses (ALLL) for the Retail Credit Portfolios Acts as a lead in other risk management related duties or special projects and performs additional duties as necessary Exercises independent judgment by displaying and reaching conclusions on the most complex portfolio issues as well as assumes accountability for high quality recommendations regarding the credit portfolio Supports results of analytical initiatives on portfolio modeling (including Basel), Stress Testing, migration analysis, and Allowance for Loan and Lease Losses (ALLL) Develops analytical white papers for assigned portfolio considering current economic environments Forecasts impact to assigned portfolio Determines risk exposure, mitigation, and controls for new products, marketing campaigns, and expansion of existing programs Establishes oversight of business lines compliance/risk controls and periodically evaluates risk mitigation efforts to make adjustments as risk/department influences change Ensures TD Bank maintains successful audits and exams within all areas

Requirements

• Bachelor's degree required, Graduate Degree preferred or progressive work experience in addition to experience below
• 7 Years of related experience
• Strong PC skills including proficiency in a variety of PC-based analytical and reporting software packages
• In depth knowledge of portfolio analysis techniques and processes
• Extensive analytical skills and practical knowledge of descriptive statistics
• Excellent research skills required for industry analysis
• Excellent written and verbal communication skills
• Experienced in presenting to Senior Executives and Board of Directors

Responsibilities

• Manages complex analytical initiatives and interacts with TDCT Risk and Retail Lending lines of businesses
• Works independently and interacts with internal/external accountants, auditors and bank regulators
• Directs credit activities relating to risk exposure, credit policy, and credit underwriting changes to Senior Money-out Executives
• Mentors junior level analysts
• Oversees the retail credit portfolio analysis in support of financial, regulatory and risk management requirements
• Provides guidance and assists staff with most complex aspects of work as necessary
• Shares knowledge with others in the group
• Contributes to and supports achievement of department/business unit goals
• Acts as subject matter expert in assisting the Manager of Risk Analytics during the analysis for the US Allowance for Loan and Lease Losses (ALLL) for the Retail Credit Portfolios
• Acts as a lead in other risk management related duties or special projects and performs additional duties as necessary
• Exercises independent judgment by displaying and reaching conclusions on the most complex portfolio issues as well as assumes accountability for high quality recommendations regarding the credit portfolio
• Supports results of analytical initiatives on portfolio modeling (including Basel), Stress Testing, migration analysis, and Allowance for Loan and Lease Losses (ALLL)
• Develops analytical white papers for assigned portfolio considering current economic environments
• Forecasts impact to assigned portfolio
• Determines risk exposure, mitigation, and controls for new products, marketing campaigns, and expansion of existing programs
• Establishes oversight of business lines compliance/risk controls and periodically evaluates risk mitigation efforts to make adjustments as risk/department influences change
• Ensures TD Bank maintains successful audits and exams within all areas

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