AVP, FCRM, Model Management - CRR (CAN & EAP)

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

Data & Analytics

Pay Details:

$145,000 - $200,000 CAD

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 candidate's 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:

Reporting to the VP, Financial Crimes Risk Management (FCRM), Data and Model Management, we are looking for an accomplished leader to join our team as the Assistant Vice President (AVP), FCRM, Model Management AVP, FCRM, Model Management, Customer Risk Rating (CAN & EAP). Develops and maintains a clear roadmap/strategy covering the full lifecycle for Customer Risk Rating models owned by FCRM, including model design, development, maintenance, monitoring, and BAU testing. Ensures the Customer Risk Rating models owned by FCRM meet TD's Model Risk Management standards and represents the Customer Risk Rating models throughout Model Validation and any internal or external testing on Customer Risk Rating models.

Individual Role Accountabilities and Decision Authorities / Breadth, Depth & Scope:

• Manages and develops advanced models for all Customer Risk Rating (CRR) related system and technology projects, including model design, optimization/tuning, monitoring, testing, and documentation

• Owns CRR model management framework, quantitative and qualitative testing and optimization, as well as any tasks that may require interaction with TD technology with respect to CRR

• Continuously benchmarks with peers to define the maturity of TD's CRR capabilities to enhance the model's maturity

• Drives risk-based decisioning and modeling innovations in financial crime risk management using advanced statistics and big data as related to CRR

• Determines strategy for implementing enhancements or changes to CRR models, ensuring alignment to Canadian - and other applicable jurisdictional - regulatory expectations and TD's risk appetite

• Manages a team of FCRM professionals and data scientists to develop a clear product vision, strategy and roadmap covering the full model management lifecycle

• 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

Shared Responsibilities / Decision Authorities:

• Works closely with internal FCRM counterparts to develop and maintain consistent and appropriate Customer Risk Rating strategy, solutions, and processes

• Works hand-in-hand with stakeholders including FCRM Advisory/Risk Oversight teams, the FIU, Model Risk Management, Model Validation team members, etc. to lead Customer Risk Rating changes and resolve impediments along the way

• Collaborates with the Governance team who owns the governance of the Customer Risk Rating ("CRR")

• Influences roadmap for Customer Risk Rating and recommends optimization of FCRM data relevant to the CRR models

Capabilities Required:

• Extensive knowledge of AML regulations, risks, and appropriate controls

• Deep understanding of CRR models and vendor products (e.g., SAS, Actimize, Oracle, BAE, etc.) and understanding of implementing these applications within TD or other peers

• Knowledge of red flags and typologies in the US and Canada

• Knowledge and appreciation of the key concepts associated with risk management including inherent risks, controls and residual risk

• Ability to solve problems logically and /or creative, demonstrating professional judgement, quality control and adherence to high standards

• Proven research and analytical skills

• Business acumen

• Strategic and creative thinking

• Project leadership skills

• Strong communications skills - active listening, written and verbal communication, presentation skills

• Strong stakeholder management skills and the ability to build networks and partnerships at all levels within the organization

Skills, Education & Experience:

• Undergraduate degree required

• 15+ years of relevant AML and risk modeling experience and/or management experience in a Risk function

• Significant exposure to common CRR models

• Experience in developing documentation that meets the highest regulatory standards and audit requirements

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. Learn more (~~~)

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

Federal law prohibits job discrimination based on race, color, sex, sexual orientation, gender identity, national origin, religion, age, equal pay, disability and genetic information.