Description
The Senior Manager and Team Lead, Business Insight Specialist within TDS Stress Testing will have the responsibilities of leading a team of business insight specialists in the execution of stress testing models to forecast Pre-Provision Net Revenue (PPNR) for the TD Securities (TDS) or the wholesale banking segment, including the Global Markets and Corporate & Investment Banking.
The financial models are primarily used for stress testing purposes to support the Bank's capital planning and to meet regulatory requirements.
Stress testing model development and usage are governed by TD's standards, policies, and procedures.
Stress testing is a critical component of the Bank's risk management practices, which informs and enhances its ability to manage stress conditions and assess its capital adequacy level.
It evidences TD’s ability to withstand significant market stress by continuing to provide banking services to customers.
TDS participate in Enterprise-wise Stress Testing (EWST), Dodd-Frank Act Stress Tests (DFAST), Macro Stress Testing (MST) and other enterprise or region-specific programs.
This role is critical to the achievement of Target State for TDS stress testing. The successful candidate should have general statistical knowledge, technical skills and understanding of wholesale banking businesses;
and has a innate ability for story telling with insight. You will be working with a variety of partners and stakeholders across the Bank, including the line of business (LOB), finance, risk, TD Economics and governance.
Primary Accountabilities
- Lead and develop a team of BI specialists to deliver results under the various stress testing programs or ad hoc analysis required to support the Bank's capital and resource planning.
- Develop and deepen the knowledge of wholesale businesses, stress testing models, processes, governances, and controls to provide guidance and challenge to the team.
- Develop and maintain the assumptions model and the aggregation processes, including implementation in applicable platforms.
- Responsible for delivering stress testing execution in applicable platforms, in line with established playbook and consistent with the scope of programs.
- Challenge and review the stress testing model results to ensure reasonability, intuition and well-communicated messages to LOB (Line of Business) and other governance bodies.
- Responsible for results aggregation and understanding of wholesale banking performance under various economic conditions and lead the delivery of value-add analysis to the businesses and senior management under stress testing.
- Develop and maintain a strong control environment for execution, including robust documentation on processes.
- Support and lead the team on any compliance activities under the Bank's various governance programs, including on data and EUC (End-user Computing).
- Continuously seek improvements and expand on automation opportunities; develop the team to upskill and future-proof TDS stress testing processes.
- Support the team in their career development and foster a strong and collaborative team culture for high achievements.
- Develop and foster a strong and supportive relationship with stakeholders, including various lines of defense, LOBs, program teams, risks, finance, treasury.
Qualifications / Skills / Experience :
- Proven experience in building and leading a team.
- Demonstrated skills in communicating complex issues and financial analysis to a diverse audience.
- Must be proficient with quantitative analysis tools and concepts.
- Ability to manage deadlines, multiple tasks and adapt well to changing priorities.
- Must be curious and analytical to understand new concept quickly.
- Working knowledge of SAS and / or Python.
- High degree of proficiency in Microsoft Excel, PowerPoint and Word
- Experience in supporting wholesale businesses and knowledge of wholesale products and processes.
- Strong accounting or finance background, with the ability to read, understand, and interpret balance sheets and income statement.
- Knowledge of wholesale stress testing processes an asset.
- Strong proven ability to work in a team, provide training, fostering a positive and rewarding work environment.
- 10+ years of relevant experience
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.
More than 95,000 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 you’ve 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, we’re 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 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.
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.
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 you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll 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 we’re committed to helping you identify opportunities that support your goals.
Training & Onboarding
We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.
Interview Process
We’ll 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 you’d 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) :
Sans Objet