Senior Manager, Advanced Analytics - Trading Surveillance & Insider Risk (US)

Model Validation Lead

Work Location : Mount Laurel, New Jersey, United States of America Hours : 40 Pay Details : $122,304 - $199,680 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.

Job Description

The Model Validation (MV) group in Enterprise Risk, Risk Management is responsible for the independent validation and approval of all analytical models used for TD. The position reports to AVP, TBSM / FCRM / TDAM / TDI Model Validation group. Detailed accountabilities include :

• Lead a team of quantitative professionals to validate Financial Crime Risk Management (FCRM) models for Trading Surveillance and Insider Risk Management
• Work with team to develop an effective and efficient validation testing plan based on design of different FRCM models and complete validation in time to support various business initiatives and regulators requirements.
• Supervise team's validation work to ensure capture all material & critical model limitations and execution / implementation accuracy of the validation testing.
• Support team to have effective communication with different stakeholders from 1st line and in-time solve model limitations / issues to meet validation lead time target.
• Work with team to deliver high quality model validation reports with adequate information and justification to support validation conclusions and Audit / regulator review / assessment of validation process and validation analysis.
• Recommend the approval of the models or other corrective actions based on independent vetting and validation.
• Maintain full professional knowledge of techniques and developments in FCRM modeling for Trading Surveillance and Insider Risk Management and share knowledge with business partners and senior management.
• 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.
• Lead and develop internal team.
• Ensure performance objectives are set for internal staff and that performance feedback is provided on a regular basis.
• Communicate group objectives and strategies and align team activities in support of business objectives.
• Support employee development activities, coach, and support direct reports in meeting their personal development objectives.
• 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.

Depth & Scope

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 Oversees and leads a large and / or highly complex and diverse reporting function for an area of significant risk, complexity or scope Strategic partner to leadership team on the management of the portfolio and financials, with deep industry, external / internal, enterprise knowledge, recognizing and anticipating emerging trends and identifies operational efficiencies and opportunities with other business management / enterprise areas Facilitates key strategic discussions and provides thought leadership to executive audience (output may include strategic roadmap and / or deliverables / frameworks short to long term goals etc.) Sets operational team direction and collaborates with others to execute on common goals Focuses on longer-range planning for functional area (e.g. 12 months or greater)

Education & Experience

Undergraduate degree or advanced technical degree preferred (e.g., math, physics, engineering, finance or computer science) Graduate's degree preferred with either progressive project work experience, or; 7+ year of relevant experience; higher degree education and research tenure can be counted

Preferred Qualifications

Graduate's Degree preferred (e.g., computer science / engineering, statistics, math, financial engineering) with either progressive project work experience Experience in either developing or validating FRCM models with exposure in AI / ML modelling; and Experience in managing a small team. In-depth knowledge of FCRM modeling for Trading Surveillance and Insider Risk Management, Trading Strategy and Algorithm, and FI operations Proficient in relevant programming language & software such as, Python, H2O.AI, Scala, etc. Excellent verbal and written communication skills Excellent time / project management and multitasking skills with minimal supervision.

Customer Accountabilities

Leads team of Data Modelling professionals and provides day to day direction as needed Acts as People Manager and is responsible for ongoing coaching and development, setting objectives, assessing performance Leads and oversees the design and delivery of enterprise analytic solutions for customers Oversees build of complex statistical models that learn from and scale to petabytes of data Works in a highly interactive, team-oriented environment with Big Data developers, and analytical experts Provides analytical thought leadership and stays current on developments in data mining May be accountable to lead team in developing powerful business insights from social marketing and industrial data using advanced machine learning techniques

Shareholder Accountabilities

Works closely with key business leaders to develop business plan, ensuring the optimal use of resources and leverages TD's operating model to maximize efficiency, effectiveness and scale Plans and executes on strategic activities, reviews and communicates results, and adjusts tactics accordingly Executes on the annual business plan to deliver results aligned with business strategies Manages overall budget, revenue and expenditures, meets business objectives while increasing efficiency and effectiveness Proactively identifies key business opportunities, researches and recommends enhancements / modifications, develops strategies to achieve recommendations and works closely with team to execute and implement Monitors and communicates the effectiveness of strategies, programs, and practices related to own area of expertise Protects the interests of the organization identifies and manages risks, and escalates non-standard, high-risk transactions / activities as necessary Maintains a culture of risk management and control, supported by effective processes in alignment with risk appetite Ensures employees are knowledgeable; and assumes responsibility to minimize operational and regulatory risk by complying with Bank and industry Code of Conduct

Employee / Team Accountabilities

Cultivates and models the Colleague Promise to support colleague growth, and a culture of care; makes an impact at work and in our communities by leading with authenticity and supporting well-being to represent TD's brand Connects the alignment of colleague's contributions with the TD Shared Commitments Builds and retains an engaged and diverse team that embraces diversity of thought, creativity and curiosity; where every colleague and customer are valued, respected, and listened to; committed to a common goal and collaborate to move with speed and get things done Demonstrates inclusive leadership by taking meaningful action with intention to support colleagues and customers across all dimensions of diversity, being actively anti-racist, attracting and retaining diverse slate of candidates, nurturing mutual respect, inclusivity of thought and collaboration to drive successful results Sustains, identifies strong talent, recruits and develops a diverse talent pipeline of qualified workforce to innovate and maximize individual strengths to lead to a better business outcome Enables colleague growth by encouraging colleague development to achieve career and business objectives, ensuring timely feedback, motivating appreciation and recognition to all colleagues Enables a continuous learning culture by proactively seeking, listening to and actioning feedback from peers and from colleague listening opportunities to continuously improve the colleague experience and grow your personal leadership Fosters an environment that promotes sharing of knowledge, information, skills, and subject matter expertise among the team; ensures timely management and escalation of issues and creates opportunities to collaborate with other functions and teams Leads team through change and creates an environment where team feels psychologically safe to challenge current practices by modeling resiliency and flexibility, communicating a compelling vision with clarity and empowering colleagues to drive innovation Contributes to the development of business segment and / or enterprise functional strategic priorities within their operational area or field of specialty that drives results Develops annual and / or long-term plans for own area that are aligned with enterprise-wide priorities, reinforcing a focus on results that align to One TD Fosters a high-performance culture by setting team targets and objectives, promoting and facilitating on-going feedback / coaching and conducting Quarterly Check-Ins for all colleagues to drive accountability and business results Manages employees in compliance with all human resources policies, procedures and guidelines of conduct

Physical Requirements

Never : 0%; Occasional : 1-33%; Frequent : 34-66%; Continuous : 67-100% Domestic Travel Occasional International Travel Never Performing sedentary work Continuous Performing multiple tasks Continuous Operating standard office equipment - Continuous Responding quickly to sounds Occasional Sitting Continuous Standing Occasional Walking Occasional Moving safely in confined spaces Occasional Lifting / Carrying (under 25 lbs.) Occasional Lifting / Carrying (over 25 lbs.) Never Squatting Occasional Bending Occasional Knee