Job Specifications
Work Location:
Toronto, Ontario, Canada
Hours
37.5
Line Of Business
Analytics, Insights, & Artificial Intelligence
Pay Details
$91,200 - $136,800 CAD
This role is eligible for a discretionary variable compensation award that considers business and individual performance.
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
The Manager, Control & Business Insight Specialist within Enterprise Stress Testing, Treasury and Balance Sheet Management, will have the responsibilities of using models to forecast Pre-Provision Net Revenue (PPNR) and balance sheet for the wholesale banking segment, including the trading portfolio and non-trading businesses such as Corporate and Investment Banking. The financial models are primarily used for stress testing purposes to support the Bank's capital planning and assessment process.
Stress testing is a critical component of the Bank's risk management practices, which informs and enhances its ability to manage stress conditions and assess its capital adequacy level. It evidences TD’s ability to withstand significant market stress by continuing to provide banking services to customers. We participate in Enterprise-wise Stress Testing (EWST), Dodd-Frank Act Stress Tests (DFAST), Macro-economic Stress Testing (MST) and other enterprise or region-specific programs.
This role requires financial analysis skills, experience in control functions and understanding of wholesale banking businesses. You will be working with a variety of partners and stakeholders across the Bank, including the line of business (LOB), finance, risk and governance.
Primary Accountabilities
Establish the ad-hoc stress testing processes in wholesale to support the Bank in managing emerging risks and uncertainties.
Responsible for developing scenario-appropriate estimation approaches for various ad hoc stress testing programs, leveraging the existing stress testing models & processes.
Analyze the results, understand its reasonability, and prepare presentation material of the ad-hoc stress testing scenarios for wholesale bank.
Be familiar with the model suites and act as a standby support to the execution team in cycle of formal stress testing programs.
Responsible for the development and maintenance of the team's control procedures.
Responsible for the oversight of control execution and evidence of controls for stress testing team's processes, and support 1B, 2nd & 3rd Line of Defense in their review of the controls.
Responsible for various control initiatives and ensure compliance with the Bank's standards and practices, including EUC, data, non-model.
Lead or support projects or ad hoc initiatives to investigate issues and identify solutions.
Continuously strive for improvement and automation in the processes.
Provide support to governance activities as required.
Qualifications / Skills / Experience
Demonstrated skills in communicating complex issues and financial analysis to a diverse audience
Strong accounting or finance background, with the ability to read, understand, and interpret balance sheets and income statement
Prior experience in financial reporting, planning and forecast, control functions
Ability to manage deadlines, multiple tasks and adapt well to changing priorities
Must be curious and analytical to understand new concept quickly
Working knowledge of SAS and / or Python
High degree of proficiency in Microsoft Excel, PowerPoint and Word
Experience in supporting wholesale businesses and knowledge of wholesale products and processes
Knowledge of wholesale stress testing processes an asset
Proven ability to work in a team, provide training, fostering a positive and rewarding work environment
5 to 7 years of relevant experience
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
About the Company
The Toronto-Dominion Bank & its subsidiaries are collectively known as TD Bank Group (TD). TD is the sixth largest bank in North America by assets & serves approx. 28 million customers in a number of locations in key financial centres around the globe. With over 95,000 employees, TD ranks among the world's leading online financial firms, with more than 17 million active online and mobile customers. Delivering legendary customer experiences is who we are & is part of our goal to be the Better Bank. Visit our Careers page to l...
Know more