Risk Manager I 8/10/2016

TD Bank Greenville, SC

Company
TD Bank
Job Classification
Full Time
Company Ref #
25082707
AJE Ref #
575844571
Location
Greenville, SC
Job Type
Regular

JOB DESCRIPTION

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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(R), and vehicle financing and dealer commercial services through TD Auto Finance. TD Bank is headquartered in Cherry Hill, N.J.

The US Credit Risk Model Group (CRMG), as part of Risk Management, has primary oversight for the design, build, implementation, and performance of the models used to assist in the credit approval decisions within the Wholesale segment (non-retail exposures) at TD Bank, N.A.

The accurate calculation of a Borrower's Probability of Default (PD) and Loss Given Default (LGD) is fundamental to the mitigation of risk associated with credit events, and to the optimal assignment / monitoring of exposure limits and enterprise capital allocation.

JOB DESCRIPTION:

The Risk Manager I is responsible for managing the creation, implementation and review of various risk models including, but not limited to: borrower (BRR) and facility risk rating (FRR), probability of default and loss given default.

The US Credit Risk Model Group (CRMG), as part of Risk Management, has primary oversight for the design, build, implementation, and performance of the models used to assist in the credit approval decisions within the Wholesale segment (non-retail exposures) at TD Bank, N.A.

The accurate calculation of a Borrower's Probability of Default (PD) and Loss Given Default (LGD) is fundamental to the mitigation of risk associated with credit events, and to the optimal assignment / monitoring of exposure limits and enterprise capital allocation.
This position will support the ongoing administration of Basel II compliant Wholesale Internal Risk Rating ("IRR") systems and processes.

Specifically, this position will provide analytical support around CRMG activities related to the development, implementation, and ongoing maintenance / performance of the new TD bank, N.A. Internal Risk Rating system.

KEY RESPONSIBILITIES:

*Assists with developing and enhancing rating models and risk assessment capabilities to identify and maintain good business and risk differentiation opportunities with new and existing clients.
*Performs detailed analysis and interprets information to make recommendations to Senior Management on critical model characteristics including non-standard and ad-hoc requests as determined by management.
*Creates reports on the results of implemented models, using all appropriate quantitative methods, and makes recommendations to increase efficiencies, and produces those reports on a regular basis.
*Ensures sound model reviews by taking a pro-active approach to risk management within the risk guidelines of the Bank.
*Required to demonstrate governance, control and risk management behaviors in alignment with TD policies and practices.
*Participates in the identification, development and implementation of new initiatives, additional services/applications or operational efficiencies including potentially leading special project teams or cross functional work groups.

QUALIFICATIONS:

*Bachelor's degree in a related field required
*Graduate Degree preferred or progressive work experience in addition to experience below
*5-10 Years of related experience
*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.
*Working knowledge of SAS Enterprise Miner, FICO Model Builder or Angoss Knowledge Seeker.
*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.