Senior Quantitative Analyst (US)

TD • Mount Laurel, NJ

2d • $76,290 - $114,440

About The Position

The Senior Quantitative Analyst is part of TD’s U.S. Model Risk Management organization, specifically the Model Risk Governance team. The role provides quantitative analysis and advanced modeling support to meet business requirements, including developing and enhancing models used for product pricing and risk management. It also supports recurring model risk governance activities across a broad portfolio, such as governance reporting, issue management, controls, policy and framework updates, model inventory and attestation, regulatory change management, and stress-testing readiness.

The position applies substantial expertise in quantitative modeling, financial analysis, and statistical analysis to complex business projects and transactions. It includes hands-on model coding, testing assumptions, reviewing model results, investigating unexpected outcomes, preparing analyses and reports, and identifying corrective actions. The analyst works with trading desks, risk management, and other stakeholders, supports model documentation and approval processes, and may lead research, projects, or cross-functional work streams. The role operates with significant autonomy and communicates analysis and recommendations to stakeholders, including senior leaders.

Requirements

• Undergraduate degree required.
• At least 3 years of relevant experience, or progressive project work experience as described in the education and experience section.
• In-depth knowledge of quantitative models and statistical analysis.
• Practical knowledge of financial analysis techniques and methodologies.
• Advanced skills in SAS and SQL.
• Advanced proficiency in statistical analysis and modeling tools.
• Ability to use complex analytical tools and statistics to analyze and forecast financial and other business information.
• Ability to interpret information, select appropriate techniques, take independent action, communicate effectively, and follow through.
• Strong written and verbal communication, interpersonal, consultative, and presentation skills.
• Ability to manage competing priorities and make sound decisions based on business priorities and objectives.
• Ability to analyze complex information, identify problems, evaluate alternatives, and develop and implement solutions.
• Ability to collect, organize, and analyze complex or technical data; use logic and reasoning to evaluate alternatives; and draw conclusions from related or seemingly unrelated information.
• Ability to exercise sound judgment, determine which issues to escalate or resolve independently, and suggest possible resolutions.
• Demonstrated conflict-resolution, negotiation, influencing, intuitive-judgment, flexibility, and adaptability skills, with a consultative approach.
• Ability to evaluate documents for accuracy and legal conformance and anticipate and diffuse problems.
• Ability to conduct short- and long-range business planning, develop objectives, evaluate effectiveness, and assess needs.
• Ability to implement new systems and procedures and evaluate their effectiveness.
• Ability to contribute to functional strategic direction, advise senior leadership, and demonstrate strategic thinking and business acumen.
• Ability to use Microsoft Office tools to prepare and present analysis results.
• Ability to manage correspondence, information, and confidential matters with discretion.
• Ability to work autonomously, guide others in an area of expertise, and collaborate across teams and functions.

Nice To Haves

• Advanced technical degree in mathematics, physics, engineering, finance, or computer science.
• Graduate degree.

Responsibilities

• Develop and enhance quantitative pricing models and other models for business projects.
• Write computer code to implement new pricing models and enhancements to existing models.
• Conduct complex quantitative analysis for applicable business areas, transactions, and products.
• Perform statistical tests of model assumptions and assess the soundness of model theory.
• Analyze financial markets, product pricing, and risk management with trading desks and risk management teams using quantitative models.
• Review model results, identify unexpected results or discrepancies, and develop or recommend courses of action to address them.
• Research and apply best-practice modeling techniques to enhance models.
• Develop specialized analytical tools for projects or ongoing use.
• Enhance model documentation to reflect new or improved models and model features.
• Work with Model Risk Management to obtain approval for new models and model features.
• Assist in analyzing model performance and develop analyses of performance, predictive data, key metrics, and plan variances.
• Support the development, forecasting, and analysis of potential responses to regulatory inquiries related to models.
• Compile and generate ad hoc analytical reports, conduct research, and support presentations and communications to management or broader audiences.
• Support recurring Model Risk Management governance activities, including RCM, RCSA, governance reporting, issue management, controls, policy and framework updates, model inventory and attestation, regulatory change management, and DFAST/stress-testing readiness.
• Conduct reporting and meaningful functional or enterprise-level analysis, draw conclusions, and make recommendations about program, policy, or practice effectiveness.
• Monitor service, productivity, and efficiency, and implement continuous process and performance improvements where appropriate.
• Identify and manage risks, escalate non-standard or high-risk activities, and adhere to internal policies, procedures, regulatory guidelines, and risk controls.
• Maintain strong business relationships with trading desks and coordinate with stakeholders across functions.
• Lead or contribute to projects and work streams, provide subject-matter guidance, and assist with knowledge transfer, training, coaching, or guidance as appropriate.
• Keep abreast of emerging trends, issues, and regulatory requirements and assess their potential impacts.
• Participate as a team member, communicate project progress and relevant information, and contribute to a positive, fair, and collaborative work environment.

Benefits

• Base salary and variable compensation or incentive awards, including potential eligibility for cash and/or equity incentive awards through an incentive plan.
• 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, training, mentoring, and access to an online learning platform.
• Reward and recognition programs.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior