Job Specifications
Work Location:
Toronto, Ontario, Canada
Hours
37.5
Line Of Business
Analytics, Insights, & Artificial Intelligence
Pay Details
$81,600 - $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
Do you want to dive into the intersection of fairness and Artificial Intelligence / Machine Learning (AI/ML)? Do you believe AI/ML models should be explainable, transparent, and trustworthy? Are you passionate about technology, ethics, and Responsible AI? If so, then this is a job for you.
As the backbone of our financial system, financial institutions have rich large-scale datasets and are rapidly adopting models to improve customer experience and drive business performance, including AI and machine learning. While models are increasingly pervasive across society, many outstanding questions and challenges must be answered to ensure that model outcomes are fair and transparent. In this position, you will play a key role in ensuring the appropriate application of models and positioning TD as an industry leader in Responsible and Ethical AI.
Review models across TD and build a close working relationship with business units across the Enterprise. Objectives include:
Supporting compliance risk management associated with models used by TD
Supporting the business in monitoring regulatory compliance and risk mitigation throughout the model lifecycles.
Identifying and clearly communicating compliance model risks arising from model design, implementation and deployment decisions to a broad audience of stakeholders.
Represent Compliance in major projects, initiatives, and engagements
Evaluate model development procedures and practices
Opportunities to support the development of technical standards and guidelines covering model compliance risk matters, and draft key compliance documents in appropriate coordination with stakeholders.
Develop training materials and guidelines to help businesses address regulatory compliance throughout the model lifecycle.
Opportunities to support research on how to identify, assess, and address modeling risks and associated concerns
Maintain up-to-date knowledge of techniques and developments in the field of advanced modeling and share knowledge with business partners and senior management.
Provide guidance and oversight for AI/ML systems across the organization.
Assist with responses to regulatory inquiries, examinations and investigations as applicable.
Team Description
The successful candidate will join the Compliance Oversight of Models Office (COMO), an interdisciplinary team that sits at the intersection of AI/ML regulatory understanding and ethics. COMO is responsible for the global compliance oversight of models from a regulatory compliance perspective. COMO's oversight spans the entire model lifecycle and includes engagement with disparate model stakeholders. The COMO mandate includes but is not limited to:
Assessing models for regulatory compliance risk;
Providing oversight and independent challenge to approaches used to identify, assess, and address regulatory compliance risk; and
Supporting the business in monitoring regulatory compliance and removing or mitigating risk throughout the model lifecycle.
COMO embraces a multidisciplinary approach, celebrating alternative and multi-faceted perspectives that are needed to ensure AI is developed and deployed responsibly and ethically. COMO is committed to developing team members professionally and expanding their horizons as the best way to address the challenges of tomorrow is to have a team with the foresight and vision to see those challenges today.
Department Overview
The Global Compliance Department mission is to foster a culture of integrity, ethics and compliance and deliver independent risk management and oversight of regulatory compliance risk and conduct risk throughout TD. The department achieves this by independently assessing the adequacy of, adherence to and effectiveness of regulatory compliance management programs and controls in the business; delivering objective guidance and independent challenge; proactively managing regulatory change; and providing trusted and reliable reporting, advice and opinion to senior leadership and the Board on the state of regulatory compliance risks, controls and outcomes.
Job Requirements
Expertise
About the Company
As a leading corporate and investment bank, TD Securities offers a wide range of integrated capital markets products and services. Our corporate, government, and institutional clients choose us for our innovation, execution, and experience. With 7,000 professionals operating out of more than 30 cities across the globe, we help clients meet their needs today and prepare for tomorrow. Our services include underwriting and distributing new issues, providing trusted advice and industry-leading insight, extending access to global...
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