Senior Quantitative Analyst

Work Location:

United States of America

Hours:

40

Pay Details:

$76,128 – $114,192 USD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. The included salary range for this role takes into account multiple factors that are considered in making compensation decisions. The base pay actually offered may vary based upon candidates skills and experience, job-related knowledge, licensure and certifications, geographic location, and other specific business and organizational needs. As TD puts career development at the forefront of our colleague experience, it is not typical for an individual to be hired at or near the top of the range for their role.

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:

The Senior Quantitative Analyst provides the quantitative analysis and builds the advanced quantitative models to meet business requirements. In addition, the Senior Quantitative Analyst provides highly specialized quantitative analytical and modeling support at the assigned line(s) of business and Develop advanced quantitative models to enable pricing of products. Provide highly specialized analytical and modeling support for these models including optimal pricing and risk management.

Depth & Scope:

Provides financial, analytical, modeling expertise to build quantitative models for business projects

Conducts complex quantitative analysis as it applies to areas of responsibility, generally aligned to specific transactions and products

Performs statistical model assumptions tests for soundness of model theory

Hands on coding and building of quantitative models

Reviews model results and identifies unexpected results

May develop specialized analytical tools for projects or ongoing use

May develop conclusions and courses of action to rectify discrepancies as well as analyses

Develops and analyzes key metric and plan variances and related information

Develops analyses of performance and predictive data

Compiles and generates ad-hoc analytical reports

May lead additional research efforts, applying expertise in statistical analysis and modeling

Explores the best practice modeling techniques for model enhancement

Highly seasoned professional role requiring substantial knowledge / expertise in a complex field and knowledge of broader related areas

Integrates knowledge of the enterprise sub-function’s or business line’s overarching strategy in developing solutions across multiple functions or operations

Interprets internal/external business challenges and the industry environment, recommends course of action and best practices to improve products, processes or services

Acts as a technical expert / lead integrating cross-function understanding within their own field of specialty; may manage team(s) of related specialists

Leads cross-functional teams or projects with significant resource requirements, risk and / or complexity

Independently manages end-to-end functional programs

Solves or may lead others to solve complex problems; leads efforts or partners with others to develop new solutions

Uses sophisticated analytical thought to exercise judgement and identify solutions

Impacts the achievement of sub-function or business line objectives within the area they are accountable for

Work is guided by policies and industry standards/methods

Communicates difficult concepts; converts information to compelling business context and advice; influences and gains alignment across increasingly senior stakeholders

Works autonomously as the lead and guides others within area of expertise

Independently handles all but the most complex and unusual issues

Education & Experience:

Undergraduate degree required, advanced technical degree preferred (e.g., math, physics, engineering, finance or computer science) Graduates degree preferred with either progressive project work experience or

3 years relevant experience, In-depth knowledge of quantitative models and statistical analysis

Ability to effectively interpret, select appropriate techniques, take independent action, communicate, and follow-through

Strong communications skills, both written and verbal

Strong interpersonal and consultative communication skills with well-developed presentation skills

Ability to manage competing priorities effectively, making good decisions based on business priorities and objectives

Practical knowledge of financial analysis techniques and methodologies

Ability to employ complex analytical tools and statistics to perform analysis and forecasting of financial and other business information

Proficiently use Microsoft Office tools to prepare and present analysis results to the audience

Advanced skills in SAS and SQL

Advanced level in statistical analysis and modeling tools

Ability to exercise sound judgment in making decisions

Ability to analyze complex information and develop plans to address identified issues

Demonstrated skills in conflict resolution, strong intuitive judgment and negotiation/influencing skills, flexibility and adaptability to changing priorities in a fast-paced environment, along with a strong consultative approach

Skill in collecting, organizing and analyzing complex or technical data

Skill in using logic and reasoning to identify the strengths and weaknesses of alternative situations, conclusions or approaches to problems

Skill in active learning by understanding the implications of new information for both current and future problem solving and decision making

Skill in identifying complex problems and reviewing related information to develop and evaluate options and implement solutions

Skill in decision making by considering relative costs and benefits of potential actions and choosing the most appropriate option

Ability to determine which issues to escalate versus to resolve independently, and provide suggestions for possible resolution

Ability to combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events)

Ability to evaluate documents for accuracy and legal conformance

Ability to anticipate and diffuse problems before they occur

Ability to conduct short-range and long-range business planning

Ability to develop objectives, evaluate effectiveness and assess needs

Ability to recognize, analyze and solve a variety of problems

Ability to identify problems, evaluate alternatives and implement effective solutions

Ability to implement new systems and procedures and to evaluate their effectiveness

Ability to problem solve a variety of situations

Ability to contribute to strategic direction of the function and provide advice to senior leadership

Ability to think strategically and possess strong business acumen

Customer Accountabilities:

Develop and enhance quantitative pricing models

May lead additional research efforts, applying expertise in quantitative analysis and modeling

Write computer code to implement new pricing models and enhancements to existing models

Work with trading desks to perform analysis of financial markets using quantitative models

Work with trading desks and risk management to perform analysis of financial product pricing and risk management using quantitative models

Explore the best practice modeling for model enhancement

May develop specialized analytical tools for projects or ongoing use

Enhance model documentation to reflect new or improved models and model features

Work with model risk management to get new models and features approved

Review model results and identify unexpected results

May develop conclusions and courses of action to rectify discrepancies and analyses

Assist in the analyses of model performance

Develop and maintain strong business relationships with trading desks

Supportsthe development, forecasting, and analysis of potential responses to regulatory inquiry related to models

Shareholder Accountabilities:

Contribute to various operational activities and processes as assigned

Consistently exercise discretion in managing correspondence, information and all matters of confidentiality; escalate issues where appropriate

Be knowledgeable of practices and procedures within own area of responsibility and keep abreast of emerging trends for own functional area

Protect the interests of the organization – identify and manage risks, and escalate non-standard, high risk activities as necessary

Conduct internal and external research projects; support the development / delivery of presentations / communications to management or broader audience

Conduct reporting and / or meaningful analysis at the functional or enterprise level using results to draw conclusions, make recommendations, assess the effectiveness of programs/ policies/ practices

Monitor service, productivity and assess efficiency levels within own function and implement continuous process / performance improvements where opportunities exists

Acquire and apply expertise in the discipline, provide guidance, assistance and direction to others

Identify, recommend and effectively execute standard practices applicable to the discipline

Adhere to internal policies/procedures and applicable regulatory guidelines

Keep abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impacts

Maintain a culture of risk management and control, supported by effective processes in alignment with risk appetite

May lead work streams by acting as a project lead / subject matter expert for small scale projects / initiatives in accordance with project management methodologies

Employee/Team Accountabilities:

Participate fully as a member of the team, support a positive work environment that promotes service to the business, quality, innovation and teamwork and ensure timely communication of issues/ points of interest

Support the team by continuously enhancing knowledge / expertise in own area and participate in knowledge transfer within the team and business unit

Keep current on emerging trends/ developments and grow knowledge of the business, related tools and techniques

Participate in personal performance management and development activities, including cross training within own team

Keep others informed and up-to-date about the status / progress of projects and / or all relevant or useful information related to day-to-day activities

Contribute to the success of the team by willingly assisting others in the completion and performance of work activities; provide training, coaching and/or guidance as appropriate.

Contribute to a fair, positive and equitable environment that supports a diverse workforce

Act as a brand ambassador for your business area/function and the bank, both internally and/or externally

Who We Are:

TD is one of the worlds 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 (http://hrportal.ehr.com/tdtotalrewards)

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

If you are an applicant with a disability and need accommodations to complete the application process, email the 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 application process.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

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