Risk Manager I- 2nd Line Credit Risk (US)

Work Location:

Hours:

Pay Details:

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 candidates 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:

Job Description:

Department Overview:

2nd line Credit risk team oversees credit card strategies including credit line increase credit line decrease collection model usage and others.

Depth & Scope:

• Demonstrates governance control and risk management behaviors in alignment with TD policies and practices
• Leads/participates in the identification development and implementation of new initiatives operating workflow additional services/applications or operational efficiencies including potentially leading special project teams or cross functional work groups
• Assists with developing and enhancing credit risk assessment capabilities to identify and maintain good business opportunities with new and existing clients
• Performs detailed analysis and interprets information to make recommendations to Senior Management on critical strategies including non-standard and ad-hoc requests as determined by management
• Creates reports on the results of implemented strategies using all appropriate quantitative methods and MIS and makes recommendations to increase efficiencies and revenue while managing credit risk and produce those reports on a regular basis
• Effectively works cross-functionally with teams outside of risk
• Works with Internal Audit / External Regulators to ensure that documentation for all work processes is complete and up-to-date
• Ensures sound credit control by taking a pro-active approach to risk management within the risk guidelines of the Bank
• Ensures the timely communication of issues that are relevant to the team and encourages a good working relationship with other internal and external groups

Additional Information:

• The incumbent provides critical BAU and ad-hoc advance data analytical support to gain insights previously not available and allow well informed decisions making by senior management.
• Unsecured risk has made a lot of advancements in our oversight over the past year including leading efforts to set up TD Cares deferral monitoring. Incumbent is a crucial resource to source data and execute and maintain reporting to gain valuable insights on whether deferral performance is within or outside of expectations.
• Critical reporting function on Asset Quality is another key responsibility of the incumbent providing
• The incumbent initiated the process to establish a data base to support account management strategy changes. This is critical
• The incumbent is expected also to support model liaison function for the team to cover all business and regulatory models leveraged for retail unsecured lending.
• Many of the ad-hoc analytical support on age of the book payment rate and others was leveraged to support important forum of discussion such as Board Risk Committee.

Education & Experience:

• Bachelors degree required; Graduate degree preferred
• 5 years experience required
• Proficient PC skills including a strong competency in MS Excel and PowerPoint and a variety of PC-based analytical and reporting software packages
• Experience with the use of Relational Databases and the process of Extract Transform Load (ETL) using common languages such as SQL or SAS
• Familiar with various analytical or reporting tools such as SAS R Matlab Tableau etc.
• Strong analytical and problem solving skills are required to interpret data and draw conclusions
• Experience in data modeling and risk management either from a business administration statistical mathematical scientific or financial background
• Excellent written and verbal communication skills
• Experienced in developing and presenting recommendations to Senior Management

Preferred Qualifications:

The skill requirements are higher as the team builds analytic capability on regular reporting and deep dive ad hoc analyses. Typical skill requirements will include below

• Beyond entry level Python/SAS/SQL coding capabilities
• Sufficient experiences with handling large panel data at account level cross time and manipulating multiple large datasets to allow deep dive analytics at specific business strategy level and
• Ideally also with the analytic abilities to draw basic conclusions from reading large data such as identification of potential data integrity issues basic data cleansing capability and identification relevant patterns and trends

Physical Requirements:

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

• Domestic Travel Occasional
• International Travel Occasional
• Performing sedentary work Frequent
• Performing multiple tasks Continuous
• Operating standard office equipment - Continuous
• Responding quickly to sounds Frequent
• Sitting Continuous
• Standing Occasional
• Walking Occasional
• Moving safely in confined spaces Occasional
• Lifting/Carrying (under 25 lbs.) Occasional
• Lifting/Carrying (over 25 lbs.) Occasional
• Squatting Occasional
• Bending Occasional
• Kneeling Occasional
• Crawling Never
• Climbing Never
• Reaching overhead Occasional
• Reaching forward Occasional
• Pushing Occasional
• Pulling Occasional
• Twisting Occasional
• Concentrating for long periods of time Continuous
• Applying common sense to deal with problems involving standardized situations Continuous
• Reading writing and comprehending instructions Continuous
• Adding subtracting multiplying and dividing Frequent

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 worlds 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 95000 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 youve 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 were 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:
Were delighted that youre considering building a career with TD. Through regular development conversations training programs and a competitive benefits plan were committed to providing the support our colleagues need to thrive both at work and at home.

Colleague Development
If youre interested in a specific career path or are looking to build certain skills we want to help you succeed. Youll 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 were committed to helping you identify opportunities that support your goals.

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

Interview Process
Well 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 . Include your full name best way to reach you and the accommodation needed to assist you with the applicant process.