Senior Manager, Advanced Analytics (US) PPNR, DFAST Stress Testing

Company:  TD Bank
Location: Boston
Closing Date: 24/10/2024
Salary: £150 - £200 Per Annum
Hours: Full Time
Type: Permanent
Job Requirements / Description

Work Location: United States of America

Hours: 40

Pay Details: $122,304 - $199,680 USD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. The included salary range for this role takes into account multiple factors that are considered in making compensation decisions. The base pay actually offered may vary based upon candidate's skills and experience, job-related knowledge, licensure and certifications, geographic location, and other specific business and organizational needs.

Line of Business: Analytics, Insights, & Artificial Intelligence

Job Description:

The Senior Manager, Advanced Analytics leads a specialized team responsible for validating Pre-Provision Net Revenue (PPNR) stress-testing models used for Dodd-Frank Act Stress Tests (DFAST), Enterprise-Wide Stress-Testing (EWST) and Macro Stress-Testing (MST). The senior manager ensures that all model validation deliverables (initial / ongoing validation, annual model review, and overlay review) are met timely in accordance with the Model Risk Management Policy requirements and stress-testing standards.

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.
  • Oversees and leads a large and/or highly complex and diverse reporting function for an area of significant risk, complexity or scope.
  • Strategic partner to leadership team on the management of the portfolio and financials, with deep industry, external/internal, enterprise knowledge, recognizing and anticipating emerging trends and identifying 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:

  • Undergraduate degree or advanced technical degree preferred (e.g., math, physics, engineering, finance or computer science). Graduate's degree preferred with either progressive project work experience, or;
  • 7+ years of relevant experience; higher degree education and research tenure can be counted.
  • PREFERRED QUALIFICATIONS:
  • Willing to consider 5+ years previous relevant experience.
  • 5+ years experience in model validation and/or model development within the banking or financial services industry.
  • 3+ years experience in the validation or development of stress-testing models with a focus on Pre-Provision Net Revenue models used in the US (e.g., CCAR/DFAST) and/or in Canada (MST and EWST).
  • Advanced degree in one or more of the following areas: Finance, Financial Engineering, Mathematics, Statistics and/or Econometrics.

Customer Accountabilities:

  • Leads team of Data Modelling professionals and provides day to day direction as needed.
  • Acts as People Manager and is responsible for ongoing coaching and development, setting objectives, assessing performance.
  • Leads and oversees the design and delivery of enterprise analytic solutions for customers.
  • Oversees build of complex statistical models that learn from and scale to petabytes of data.
  • 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 data mining.
  • May be accountable to lead team in developing powerful business insights from social marketing and industrial data using advanced machine learning techniques.

Shareholder Accountabilities:

  • Works closely with key business leaders to develop business plan, ensuring the optimal use of resources and leverages TD’s 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 annual business plan to deliver results aligned with business strategies.
  • Manages overall budget, revenue and expenditures, meets business objectives while increasing efficiency and effectiveness.
  • Proactively identifies key business opportunities, researches and recommends enhancements/modifications, develops strategies to achieve recommendations and works closely with team to execute and implement.
  • Monitors and communicates the effectiveness of strategies, programs, and practices related to own area of expertise.
  • Protects the interests of the organization – identifies and manages risks, and escalates non-standard, high-risk transactions/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 TD's brand.
  • Connects the alignment of colleague's 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.
  • 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.
  • Fosters an environment that promotes sharing of knowledge, information, skills, and subject matter expertise among the team.
  • Leads team through change and creates an environment where team feels psychologically safe to challenge current practices.
  • Contributes to the development of business segment and/or enterprise functional strategic priorities within their operational area.
  • Develops annual and/or long-term plans for own area that are aligned with enterprise-wide priorities.
  • Fosters a high-performance culture by setting team targets and objectives, promoting and facilitating on-going feedback/coaching.
  • Manages employees in compliance with all human resources policies, procedures and guidelines of conduct.

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.

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.

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 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.

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.

Accommodation:
If you are an applicant with a disability and need accommodations to complete the application process, email the TD Bank US Workplace Accommodations Program at

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

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