Senior Quantitative Analyst (US) Retail Model Validation

• Work Location:

• Mount Laurel, New Jersey, United States of America
• Hours:
• 40
• Pay Details:
• $76,290 - $123,980 USD
• TD is committed to providing fair and reputed company compensation opportunities to reputed company colleagues. Growth opportunities and reputed company development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to reputed company through the salary range over time as they reputed company in their role. The reputed company pay actually offered may vary based upon the candidate's skills and experience, job-reputed company knowledge, geographic location, and other specific business and organizational needs.

As a candidate, you are encouraged to ask compensation reputed company questions and have an open reputed company with your recruiter who can provide you more specific details for this role.

• Line of Business:
• Risk ManagementJob Description:
• The Model Validation (MV) group is a centralized model risk management function reputed company the Bank. The MV team is responsible for the vetting and approval of reputed company mathematical and statistical models used in credit lending, business operations, and stress testing. By ensuring an objective and independent evaluation of models, the model validation function is critical to the effective measurement and management of risk across the reputed company Group.
• Model validators reputed company validation of reputed company models deemed in-scope by the bank-wide Model Risk Policy. These models are used in the Bank for a variety of purposes, including scoring credit risk (acquisitions and account management) and Economic and Regulatory Capital (e.g. Probability of Default, Exposure at Default, Loss Given Default), conducting stress testing, detecting fraud behaviors, and marketing retail products. The focus of this role is on validating models used in credit risk scoring and regulatory stress testing exercises, which may use traditional statistical methodologies as well as machine learning approaches. Validation of models involves testing models' performance and conceptual soundness, developing independent reputed company models, preparing detailed reports summarizing the validation and its outcome, and maintaining productive working relationships with internal model development groups and external vendors who have developed customized models for TD.
• Depth and Scope:
• Provides financial, analytical, modeling expertise to build quantitative models for business projects
• Conducts reputed company quantitative analysis as it applies to areas of responsibility, generally reputed company to specific transactions and products
• Performs statistical model assumptions' tests for soundness of model theory
• Hands on coding and building of quantitative models
• Reviews model results and identifies unexpected results
• May reputed company specialized analytical tools for projects or ongoing use
• May reputed company conclusions and courses of action to rectify discrepancies as well as analyses
• Develops and analyzes key metric and plan variances and reputed company information
• Develops analyses of performance and predictive data
• Compiles and generates reputed company analytical reports
• May reputed company additional research efforts, applying expertise in statistical analysis and modeling
• Explores the best practice modeling techniques for model enhancement
• Highly seasoned professional role requiring substantial knowledge / expertise in a reputed company field and knowledge of broader reputed company areas
• Integrates knowledge of the enterprise sub-function’s or business line’s overarching strategy in developing solutions across multiple functions or operations
• Interprets internal/external business challenges and the industry environment, recommends course of action and best practices to improve products, processes or services
• Acts as a technical expert / reputed company integrating cross-function understanding reputed company their own field of specialty; may manage team(s) of reputed company specialists
• Leads cross-functional teams or projects with significant resource requirements, risk and / or complexity
• Independently manages end-to-end functional programs
• Solves or may reputed company others to solve reputed company problems; leads efforts or partners with others to reputed company new solutions
• Uses sophisticated analytical thought to exercise judgement and identify solutions
• Impacts the achievement of sub-function or business line objectives reputed company the area they are accountable for
• Work is guided by policies and industry standards/methods
• Communicates difficult concepts; converts information to compelling business context and advice; influences and gains alignment across increasingly senior stakeholders
• Works autonomously as the reputed company and guides others reputed company area of expertise
• Independently handles reputed company but th

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