Risk Manager I- 2nd Line Credit Risk (US)

Job Opportunity At TD Bank

Work Location : Wilmington, Delaware, United States of America Hours : 40 Pay Details : $86,840 - $130,000 USD 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. Line of Business : Risk Management

Job Description

Department Overview : 2nd line Credit risk team oversees credit card strategies including credit line increase, credit line decrease, collection, model usage and others. Depth & Scope : Demonstrates governance, control and risk management behaviors in alignment with TD policies and practices Leads / participates in the identification, development and implementation of new initiatives, operating workflow, additional services / applications or operational efficiencies including potentially leading special project teams or cross functional work groups Assists with developing and enhancing credit risk assessment capabilities to identify and maintain good business opportunities with new and existing clients Performs detailed analysis and interprets information to make recommendations to Senior Management on critical strategies including non-standard and ad-hoc requests as determined by management Creates reports on the results of implemented strategies, using all appropriate quantitative methods and MIS, and makes recommendations to increase efficiencies and revenue while managing credit risk and produce those reports on a regular basis Effectively works cross-functionally with teams outside of risk Works with Internal Audit / External Regulators, to ensure that documentation for all work processes is complete and up-to-date Ensures sound credit control by taking a pro-active approach to risk management within the risk guidelines of the Bank Ensures the timely communication of issues that are relevant to the team and encourages a good working relationship with other internal and external groups

Additional Information

The incumbent provides critical BAU and ad-hoc advance data analytical support to gain insights previously not available and allow well informed decisions making by senior management. Unsecured risk has made a lot of advancements in our oversight over the past year including leading efforts to set up TD Cares deferral monitoring. Incumbent is a crucial resource to source data and execute and maintain reporting to gain valuable insights on whether deferral performance is within or outside of expectations. Critical reporting function on Asset Quality is another key responsibility of the incumbent providing The incumbent initiated the process to establish a data base to support account management strategy changes. This is critical The incumbent is expected also to support model liaison function for the team to cover all business and regulatory models leveraged for retail unsecured lending. Many of the ad-hoc analytical support on age of the book, payment rate, and others was leveraged to support important forum of discussion such as Board Risk Committee.

Education & Experience

Bachelor's degree required; Graduate degree preferred 5+ years' experience required Proficient PC skills including a strong competency in MS Excel and PowerPoint, and a variety of PC-based analytical and reporting software packages Experience with the use of Relational Databases and the process of Extract Transform Load (ETL) using common languages such as SQL or SAS Familiar with various analytical or reporting tools, such as SAS, R, Matlab Tableau, etc. Strong analytical and problem solving skills are required to interpret data and draw conclusions Experience in data modeling and risk management either from a business administration, statistical, mathematical, scientific or financial background Excellent written and verbal communication skills Experienced in developing and presenting recommendations to Senior Management

Preferred Qualifications

The skill requirements are higher as the team builds analytic capability on regular reporting and deep dive ad hoc analyses. Typical skill requirements will include below Beyond entry level Python / SAS / SQL coding capabilities Sufficient experiences with handling large panel data at account level cross time and manipulating multiple large datasets to allow deep dive analytics at specific business strategy level, and Ideally also with the analytic abilities to draw basic conclusions from reading large data such as identification of potential data integrity issues, basic data cleansing capability, and identification relevant patterns and trends

Physical Requirements

Never : 0%; Occasional : 1-33%; Frequent : 34-66%; Continuous : 67-100% Domestic Travel Occasional International Travel Occasional Performing sedentary work Frequent Performing multiple tasks Continuous Operating standard office equipment - Continuous Responding quickly to sounds Frequent Sitting Continuous Standing Occasional Walking Occasional Moving safely in confined spaces Occasional Lifting / Carrying (under 25 lbs.) Occasional Lifting / Carrying (over 25 lbs.) Occasional Squatting Occasional Bending Occasional Kneeling Occasional Crawling Never Climbing Never Reaching overhead Occasional Reaching forward Occasional Pushing Occasional Pulling Occasional Twisting Occasional Concentrating for long periods of time Continuous Applying common sense to deal with problems involving standardized situations Continuous Reading, writing and comprehending instructions Continuous Adding, subtracting, multiplying and dividing Frequent

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 base salary and variable compensation / incentive awards (e.g., eligibility for cash and / or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition. 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. 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 TD Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or any other characteristic protected under applicable federal, state, or local law. If you are an applicant with a disability and need accommodations to complete the application process, please email TD Bank US Workplace Accommodations Program at USWAPTDO@td.com . Include your full name, best way to reach you and the accommodation needed to assist you with the applicant process. Federal law prohibits job discrimination based on race, color, sex, sexual orientation, gender identity, national origin, religion, age, equal pay, disability and genetic information.