SENIOR MANAGER – MODEL VETTING AND VALIDATION recruitment

The position reports to AVP, Model Vetting and Validation in Enterprise Risk, Risk Management. Detailed accountabilities include:

Lead a team of quantitative professionals to vet and validate Operational Risk models, and quantitative models for Non-retail Credit Risk in Canada and the U.S., including credit parameters, general allowances, economic capital, and stress testing.
Recommend the approval of the models or other corrective actions based on the independent vetting and validation.

Lead and Support the team:
Ensure performance objectives are set for all staff and that performance feedback is provided on a regular basis.
Communicate group objectives and strategies and align group activities in support of business objectives.
Support employee development activities, coach and support direct reports in meeting their personal development objectives.

Assume a leadership role in developing standards and procedures for vetting and validation that are compliant with the Bank’s internal Model Risk Policy, adhere with industry best practices, and meet regulatory requirements.
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.
Play a key role in ensuring the appropriate use of risk models. Identify the need to implement new models/techniques for risk management as industry standards evolve and regulatory requirements change.
Maintain full professional knowledge of techniques and developments in the field of quantitative analysis, and share knowledge with business partners and senior management. Provide subject matter expertise to business units on risk modeling and validation.

Job Requirements
Education/Accreditations:
Strong quantitative skills with a graduate degree in one or more of the following areas: statistics, economics, finance, mathematics, physics, engineering.

Other Qualifications/Skills/Experience:
Solid knowledge of credit risk rating systems, credit VaR methodologies such as CreditManager, financial modeling, and statistical analysis/modeling.
Experience in either developing or vetting or validating risk models such as credit risk rating models, market risk VaR models, counterparty credit risk models, and economic capital models.
Proficient in relevant programming languages such as C++, C, Matlab and SAS.
Excellent verbal and written communication skills.
Good time management and multitasking skills with minimal supervision. 

Please visit our website www.td.com, careers, then job opportunities (job reference J0212-0021). OR URL Link http://client.njoyn.com/TD/xweb/xweb.asp?clid=97508page=jobdetailsjobid=J0212-0021BRID=EX25969 

Thank you for your interest in employment opportunities with TD Bank Group. We appreciate the time and effort you have taken to acquaint us with your academic background, business experience and career interests. Those candidates selected for interviews will be contacted.