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

Model Validation Lead

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.

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