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Risk Specialist, VP Retail Credit Analytics

Company Overview
About TD Bank, America's Most Convenient Bank?
TD Bank, America's Most Convenient Bank, is one of the 10 largest banks in the U.S., providing more than 8 million customers with a full range of retail, small business and commercial banking products and services at approximately 1,300 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Bank and its subsidiaries offer customized private banking and wealth management services through TD Wealth?, and vehicle financing and dealer commercial services through TD Auto Finance. TD Bank is headquartered in Cherry Hill, N.J. To learn more, visit www.tdbank.com. Find TD Bank on Facebook at www.facebook.com/TDBank and on Twitter at www.twitter.com/TDBank_US.
TD Bank, America's Most Convenient Bank, is a member of TD Bank Group and a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top 10 financial services company in North America. The Toronto-Dominion Bank trades on the New York and Toronto stock exchanges under the ticker symbol "TD". To learn more, visit www.td.com.
Job Description
The Risk Specialist develops analytical models to accurately analyze the retail portfolio, manage the retail allowance analytical process, and ensure an adequate loan loss reserve for the Company. Develops analyses to adequately inform management regarding the portfolio. Develops analyses and information sources to ensure compliance with the Basel II Accords. In accordance with the governing principles outlined in the TD Enterprise Risk Appetite Statement and the framework documented in the Retail Credit Risk Management Mandate, the Risk Specialist is responsible to effectively manage, monitor and control risk of the retail lending segments within TD Bank.
Requirements
Conducts analyses, monitors metrics, and provides information to Senior Management and the Board of Directors to properly manage the Retail Portfolio of the Company, and the Retail Allowance.
Provides information to both internal and external auditors, and external regulators, to ensure their accurate understanding and analysis of the commercial portfolio.
Builds analytical models to help determine the dollar amount to provision for the loan loss reserve.
Develops statistical analytical models to analyze the portfolio, including quantitative analysis, probability analysis, regression analysis, migration analysis, etc.
Provides economic analysis of the national, regional, and local economies.
Tests the portfolio under various economic scenarios (stress testing), to determine the potential impact on the Company's Allowance for Loan and Lease Loss Reserve.
Analyzes various segments of the portfolio to determine their impact on the loan loss reserve.
Provides recommendations to management to help direct future lending activities to mitigate future loan losses.
Evaluates and adjusts allowance analytical models to properly reflect the risk in the portfolio to ensure that the Company is adequately reserved.
Reviews, refines and develops acquisition strategies and statistical models.
Qualifications
Bachelor's Degree
5+ years related experience required.
Strong mathematical and statistical skills to determine sound, defensible approaches to requested forecasts and analyses.
Strong analytical, technical and writing skills. SAS experience required.
Ability to develop and execute complex models and analyses in support of business goals and objectives.
Broad general financial analysis and planning experience desired.
Excellent computer skills.
Ability to assimilate complex business information in order to structure relationships in processes and data.
Ability to communicate highly technical information to inform others and practical business-based terms.
Inclusiveness
At TD, we are committed to fostering an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of our customers and communities in which we live in and serve, and creating an environment where every employee has the opportunity to reach her/his potential.
If you have a disability that requires an accommodation to complete the application process, please e-mail TD Bank's HR Compliance Department at hrcompliance@td.com. Please include your full name, contact information and details about your request within the e-mail.
EOE/Minorities/Females/Veterans/Individuals with Disabilities/Sexual Orientation/Gender Identity.



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