Senior Applied Machine Learning Scientist, Insider Risk and Trading Surveillance Model Validation

Work Location:

Hours:

Line of Business:

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.

Job Description:

The Model Validation (MV) group in Enterprise Risk Risk Management is responsible for the independent validation and approval of all analytical models used for TD.

The position reports to AVP TBSM / FCRM/ TDAM/TDI Model Validation group. Detailed accountabilities include:

• Lead a team of quantitative professionals to validate Financial Crime Risk Management (FCRM) models for Trading Surveillance and Insider Risk Management

  • Work with team to develop an effective and efficient validation testing plan based on design of different FRCM models and complete validation in time to support various business initiatives and regulators requirements.

  • Supervise teams validation work to ensure capture all material & critical model limitations and execution / implementation accuracy of the validation testing.

  • Support team to have effective communication with different stakeholders from 1st line and in-time solve model limitations / issues to meet validation lead time target.

  • Work with team to deliver high quality model validation reports with adequate information and justification to support validation conclusions and Audit / regulator review / assessment of validation process and validation analysis.

• Recommend the approval of the models or other corrective actions based on independent vetting and validation.

• Maintain full professional knowledge of techniques and developments in FCRM modeling for Trading Surveillance and Insider Risk Management and share knowledge with business partners and senior management.

• Assume a leadership role in developing standards and procedures for vetting and validation that are compliant with the Banks internal Model Risk Policy adhere with industry best practices and meet regulatory requirements.

• Lead and develop internal team.

  • Ensure performance objectives are set for internal staff and that performance feedback is provided on a regular basis.

  • Communicate group objectives and strategies and align team activities in support of business objectives.

  • Support employee development activities coach and support direct reports in meeting their personal development objectives.

• Respond to requests from both Canadian and U.S. regulators internal and external audit in their review/audit of risk models and vetting/validation process and procedures. Provide information and assistance as required.

• Work effectively with internal model development group Audit and other internal partners to ensure risk models meet required Bank standards for use.

Depth & Scope:

• Provides people management leadership by hiring the best talent setting goals developing staff managing employee performance and compensation decisions promoting teamwork and handling any/all disciplinary actions as required

• Strategic partner to leadership team on the management of FCRM model risk with deep industry external/internal enterprise knowledge recognizing and anticipating emerging trends and identifies operational efficiencies and opportunities with other business management/enterprise areas

• Facilitates key strategic discussions and provides thought leadership to executive audience (output may include strategic roadmap and/or deliverables/frameworks short to long term goals etc.)

• Sets operational team direction and collaborates with others to execute on common goals

• Focuses on longer-range planning for functional area (e.g. 12 months or greater)

Education & Experience:

• Post-secondary degree in one or more of the following areas: computer science statistics mathematics financial engineering or engineering.

• 4 years Experience in either developing or validating FRCM models with exposure in AI / ML modelling; and 1 years Experience in managing a small team.

Preferred Qualifications:

• In-depth knowledge of FCRM modeling for Trading Surveillance and Insider Risk Management Trading Strategy and Algorithm and FI operations

• Proficient in relevant programming language & software such as Python Scala etc.

• Excellent verbal and written communication skills

• Excellent time / project management and multitasking skills with minimal supervision.

Customer Accountabilities:

• Leads validation team and provides day to day direction as needed

• Acts as People Manager and is responsible for ongoing coaching and development setting objectives assessing performance

• Works in a highly interactive team-oriented environment with Big Data developers and analytical experts

• Provides analytical thought leadership and stays current on developments in IRR modelling

Shareholder Accountabilities:

• Works closely with key business leaders to develop validation plan ensuring the optimal use of resources and leverages TDs operating model to maximize efficiency effectiveness and scale

• Plans and executes on strategic activities reviews and communicates results and adjusts tactics accordingly

• Executes on the validation plan to deliver results aligned with enterprise model validation procedures and model risk policy

• Protects the interests of the organization identifies and manages risks and escalates non-standard high-risk activities as necessary

• Maintains a culture of risk management and control supported by effective processes in alignment with risk appetite

• Ensures employees are knowledgeable; and assumes responsibility to minimize operational and regulatory risk by complying with Bank and industry Code of Conduct

Employee/Team Accountabilities:

• Cultivates and models the Colleague Promise to support colleague growth and a culture of care; makes an impact at work and in our communities by leading with authenticity and supporting well-being to represent TDs brand

• Connects the alignment of colleagues contributions with the TD Shared Commitments

• Builds and retains an engaged and diverse team that embraces diversity of thought creativity and curiosity; where every colleague and customer are valued respected and listened to; committed to a common goal and collaborate to move with speed and get things done

• Demonstrates inclusive leadership by taking meaningful action with intention to support colleagues and customers across all dimensions of diversity including those from underrepresented communities being actively anti-racist attracting and retaining diverse slate of candidates nurturing mutual respect inclusivity of thought and collaboration to drive successful results

• Sustains identifies strong talent recruits and develops a diverse talent pipeline of qualified workforce to innovate and maximize individual strengths to lead to a better business outcome

• Enables colleague growth by encouraging colleague development to achieve career and business objectives ensuring timely feedback motivating appreciation and recognition to all colleagues

• Enables a continuous learning culture by proactively seeking listening to and actioning feedback from peers and from colleague listening opportunities to continuously improve the colleague experience and grow your personal leadership

• Fosters an environment that promotes sharing of knowledge information skills and subject matter expertise among the team; ensures timely management and escalation of issues and creates opportunities to collaborate with other functions and teams

• Leads team through change and creates an environment where team feels psychologically safe to challenge current practices by modeling resiliency and flexibility communicating a compelling vision with clarity and empowering colleagues to drive innovation

• Contributes to the development of business segment and/or enterprise functional strategic priorities within their operational area or field of specialty that drives results

• Develops annual and/or long-term plans for own area that are aligned with enterprise-wide priorities reinforcing a focus on results that align to One TD

• Fosters a high-performance culture by setting team targets and objectives promoting and facilitating on-going feedback/coaching and conducting Quarterly Check-Ins for all colleagues to drive accountability and business results

• Manages employees in compliance with all human resources policies procedures and guidelines of conduct

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 strive to make every interaction product and experience remarkably human and refreshingly simple for 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 foster deeper relationships ensure disciplined execution and build a simpler faster banking experience. TD is deeply committed to being a leader in client experience that is why we believe that all colleagues no matter where they work are client facing. Together we are reimagining what banking can be for our clients colleagues and communities.

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:
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.

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 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.

If youre passionate about helping clients and building deep lasting relationships TD offers diverse career paths where you can grow your expertise and make a meaningful impact.

Were committed to your success and foster a respectful workplace where diverse perspectives are valued everyone has fair opportunities to grow and you can unlock your full potential to achieve your career goals. Here at TD we hire and develop the best.

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
Your accessibility is important to us. Please let us know if youd 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):