Work Location:

Wilmington, Delaware, United States of America

Hours:

40

Pay Details:

$95,264 - $155,376 USD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs. 

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Line of Business:

Risk Management

Job Description:

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 projectsConducts complex quantitative analysis as it applies to areas of responsibility, such as a specific model or portfolioIn-depth understanding of the whole function and/or key business areas supportedPerforms statistical model assumptions' tests for soundness of model theoryHands on modeling in the entire life cycleLeads activities of unit, assigning, prioritizing and monitoring workReviews model results and identifies unexpected resultsProvides training and mentoring for new and less experienced staffResolves escalated issues and problems by conferring with staffProvides financial, analytical, planning, and forecasting expertise to assist in the development and completion of projectsDevelops specialized analytical tools for projects or ongoing useMay 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 processesMay lead additional research efforts, applying expertise in statistical analysis and modeling.Explores best practice modeling techniques for model enhancementDevelops and maintains strong business relationships with business line managementHighly seasoned professional role requiring substantial knowledge / expertise in a complex field and knowledge of broader related areasIntegrates knowledge of the enterprise sub-function’s or business line’s overarching strategy in developing solutions across multiple functions or operationsInterprets internal/external business challenges and the industry environment, recommends course of action and best practices to improve products, processes or servicesActs as a technical expert / lead integrating cross-function understanding within their own field of specialty; may manage team(s) of related specialistsLeads cross-functional teams or projects with significant resource requirements, risk and / or complexityIndependently manages end-to-end functional programs Solves or may lead others to solve complex problems; leads efforts or partners with others to develop new solutionsUses 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

Education & Experience:

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 or5+ years relevant experience, In-depth knowledge of quantitative models and statistical analysisProven interpersonal and consultative communication skills with well-developed presentation skillsAbility to successfully plan, develop, lead, and execute projectsAbility to effectively interpret, select appropriate techniques, take independent action, communicate, and follow-throughProven ability to manage competing priorities effectively, making good decisions based on business priorities and objectivesComprehensive practical knowledge of quantitative forecasting models, financial analysis techniques and methodologiesDemonstrated knowledge of financial analysis and planning software applicationsProven ability to employ complex analytical tools and statistics to perform analysis and forecasting of financial and other business informationProficiently use Microsoft Office tools to prepare and present analysis results to the audienceAbility to exercise sound judgment in making decisionsAbility to analyze complex information and develop plans to address identified issuesDemonstrated 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 approachSkill in collecting, organizing and analyzing complex or technical dataSkill in using logic and reasoning to identify the strengths and weaknesses of alternative situations, conclusions or approaches to problemsSkill in active learning by understanding the implications of new information for both current and future problem solving and decision makingSkill in identifying complex problems and reviewing related information to develop and evaluate options and implement solutionsSkill in decision making by considering relative costs and benefits of potential actions and choosing the most appropriate optionAbility to determine which issues to escalate versus to resolve independently, and provide suggestions for possible resolutionAbility 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 conformanceAbility to anticipate and diffuse problems before they occurAbility to conduct short-range and long-range business planningAbility to develop objectives, evaluate effectiveness and assess needsAbility to recognize, analyze and solve a variety of problemsAbility to identify problems, evaluate alternatives and implement effective solutionsAbility to implement new systems and procedures and to evaluate their effectivenessAbility to problem solve a variety of situationsAbility to contribute to strategic direction of the function and provide advice to senior leadershipAbility to think strategically and possess strong business acumenAdvanced skills in SAS and SQLAdvanced level in statistical analysis and modeling tools

Preferred Qualifications:

PhD Degree in quantitative areaFinancial institution experienceStrong modeling background (Scorecard model development experience preferred)Experience interpreting/explaining complex mathematical problems to stakeholdersPresentation experienceHybrid work model

Customer Accountabilities:

Understands and supports the Bank's Customer Service StrategyConsiders the impact of decisions on the well-being of TD, its Customers and stakeholdersProvides the highest level of Customer service when dealing with internal partners, vendors or our Customers - WOW at every opportunityModels quality service delivery at every interactionLeads and contributes to the ongoing improvement of the partner / Customer experienceProvides senior level support in the identification and assessment of risks and recommends policies for modelling these risksProvide financial, analytical, planning, and forecasting expertise to assist in the development and completion of relevant model development or validation projectsPerform quantitative analysis, programming and computer modelling related to the research of consistent operational risk measurements across broad range of relevant productsConduct complex quantitative analysis as it applies to areas of responsibility, such as a specific model or portfolio Apply in-depth understanding of the whole function and/or key business areas supported in the development or validation of complex modelsProvide financial, analytical, modeling expertise to build quantitative models for financial regulatory projectsPerform quantitative model assumptions' tests for soundness of model theoryReview model results and identifies unexpected results.Resolve escalated issues and problems by conferring with staffDevelop specialized analytical tools for projects or ongoing useMay 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 processesMay assist with creation and oversight of model documentation, as necessaryMay lead additional research efforts, applying expertise in quantitative analysis and modelingExplore best practice modeling techniques for model enhancementPerform 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 anomaliesProvide training and mentoring for new and less experienced staffDevelop and maintain strong business relationships with trading desks and business line managementAssists in the development, forecasting, and analysis of potential responses to regulatory inquiry related to models

Shareholder Accountabilities:

Adhere to enterprise frameworks or methodologies that relate to activities for our business areaEnsure respective programs/policies/practices are well managed, meets business needs, complies with internal and external requirements, and aligns with business prioritiesConsistently exercise discretion in managing correspondence, information and all matters of confidentiality; escalate issues where appropriateEnsure 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 audienceConduct meaningful analysis at the functional or enterprise level using results to draw conclusions, make recommendations, assess the effectiveness of programs/ policies/ practicesMonitor service, productivity and assess efficiency levels within own function and implement continuous process / performance improvements where opportunities existsLead / facilitate and/or implement actions / remediation plans to address performance / risk /governance issuesActively manage relationships within and across various business lines, corporate and/or control functions and ensure alignment with enterprise and/or regulatory requirementsKeep 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

Employee/Team Accountabilities:

Be engaged in advancing and sustaining a unique, inclusive culture that reflects TD's diversity agenda, and create an extraordinary employee experienceParticipates fully as a member of the team and contribute to a positive work environmentMay provide leadership, training, and guidance to other team membersEnsures ongoing communication with the team on the status / progress of projects and issues / points of interestActively shares information and knowledge, and proactively learn from the expertise of othersParticipate 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 interestProvide thought leadership and/ or industry knowledge for own area of expertise in own area and participate in knowledge transfer within the team and business unitKeep 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 teamKeep others informed and up-to-date about the status / progress of projects and / or all relevant or useful information related to day-to-day activitiesContribute 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 workforceAct as a brand ambassador for your business area/function and the bank, both internally and/or externally

Physical Requirements:

Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%

Domestic Travel – OccasionalInternational Travel – NeverPerforming sedentary work – ContinuousPerforming multiple tasks – ContinuousOperating standard office equipment - ContinuousResponding quickly to sounds – OccasionalSitting – ContinuousStanding – OccasionalWalking – OccasionalMoving safely in confined spaces – OccasionalLifting/Carrying (under 25 lbs.) – OccasionalLifting/Carrying (over 25 lbs.) – NeverSquatting – OccasionalBending – OccasionalKneeling – NeverCrawling – NeverClimbing – NeverReaching overhead – NeverReaching forward – OccasionalPushing – NeverPulling – NeverTwisting – NeverConcentrating for long periods of time – ContinuousApplying common sense to deal with problems involving standardized situations – ContinuousReading, writing and comprehending instructions – ContinuousAdding, subtracting, multiplying and dividing – Continuous

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required. The listed or specified responsibilities & duties are considered essential functions for ADA purposes.

Who We Are:
TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we deliver legendary customer experiences to over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues. 

TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you’ve got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we’re here to support you towards your goals. As an organization, we keep growing – and so will you.

Our Total Rewards Package

Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical and mental well-being goals. 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. Learn more

Additional Information:
We’re delighted that you’re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive both at work and at home.

Colleague Development
If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD – and we’re committed to helping you identify opportunities that support your goals.

Training & Onboarding
We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.

Interview Process
We’ll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

Accommodation

TD Bank is an equal opportunity employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or any other characteristic protected under applicable federal, state, or local law.

If you are an applicant with a disability and need accommodations to complete the application process, please email TD Bank US Workplace Accommodations Program at USWAPTDO@td.com.  Include your full name, best way to reach you and the accommodation needed to assist you with the applicant process.