Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

Risk Management

Pay Details:

$76,800 - $115,200 CAD

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.

Job Description:

Department Overview

The RESL (Real Estate Secured Lending) Credit Strategy Team is responsible for the development and execution of risk strategies and initiatives that will assist business partners to achieve growth and profitability targets while maintaining the overall risk quality of our lending portfolio. Accountabilities include enhancing adjudication strategies for mortgage/flexline loans, providing monitoring and oversight of the portfolio, and supporting policy changes.

Job Description

Reporting to the Senior Manager, the Senior Credit Risk Analyst will develop, test, implement and monitor the Credit Risk strategy enhancements for the Real Estate Secured Lending (RESL) Portfolio and provide credit risk oversight on key RESL initiatives.

The successful candidate will work in a fast-paced and results-oriented environment and will be part of a learning culture where ongoing development is encouraged.

Specific accountabilities include:

• Participate in development, testing and verification of RESL Credit Adjudication Strategies
• Regularly monitor the performance of adjudication strategies, in terms of time-to-decision, decision rates relative to historical levels and internal expectations, and the portfolio delinquency performance that reflects the quality of credit decisions
• Represent Retail Risk Management (RRM) as a subject matter expert in the planning of RESL initiatives, including providing effective challenges as needed
• Collaborate with all stakeholders including RESL Product, Governance & Control, Other Risk Management, Risk Infrastructure and Reporting, Technology, Layer 6, and external vendors
• Provide insights and analysis that will identify origination and delinquency trends and inform revenue enhancement and loss mitigation decisions

Job Requirements

This role requires a combination of technical skills, project management, business knowledge and interpersonal skills:

Technical Skills:

• High Proficiency in Python, SQL, SAS (for data manipulation, analysis, basic modeling)
• Familiarity with Tableau, Angoss
• Prior experience in machine learning modeling (decision tree, xgboost) is a strong asset
• High Proficiency in MS Office (Excel, PowerPoint, Word)

Business Knowledge:

• 3-5 years of Credit Risk Management experience in a financial institution or similar
• Prior experience in automated adjudication strategy development is a strong asset
• Understanding of retail credit products, policies and processes; RESL experience is an asset
• Demonstrated analytical, reporting and problem solving skills

Interpersonal Skills:

• Strong ownership mentality and can do attitude
• Flexibility and resilience to execute in an agile environment, including the ability to manage multiple tasks concurrently
• Excellent relationship management skills
• Great attention to detail
• Strong presentation and communication (both verbal and written) skills

Education and Accreditation

• Post-secondary degree is required (preferably in a quantitative field: i.e. Math, Statistics, Data Analytics, Computer Science or similar).
• A Master's Degree is an asset.

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 a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. 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.

Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.

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
Your accessibility is important to us. Please let us know if you'd like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.
We look forward to hearing from you!

Language Requirement (Quebec only):

Sans Objet