Manager Of Credit Analytics

TD Bank Group Falmouth , ME 04105

Posted 3 weeks ago

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.

Department Overview

The Manager of Credit Analytics is responsible for developing, coordinating, managing and producing the environment to effectively implement processes related to TD Bank NA's Allowance for Loan Losses. The role is responsible for the management of the end state process to support the Allowance for Credit Losses.

Primarily manages the Credit Analytics team and serves as a principal interface with Finance. Also interfaces with external accountants and regulators (Fed, OCC and OSFI) and interacts with Risk, Analytical and IT professionals at TDB NA, TDCT and TDBFG.

Independently manages Allowance project solutions including, finance applications and information management modeling. The Manager will collaborate with Senior Credit, Line and Specialty product managers to analyze new or troubled portfolios, industries, and products through data design, capture and collection that lead to sophisticated planning support information. May supervise 1-4 Senior Analysts, as well as have significant interface with and coordinate the efforts of larger teams of US and Canadian analysts in support of US objectives.

Researches underwriting standards and portfolio information and recommends credit policy and underwriting standard modifications where warranted. Also measures and monitors the organization's credit risk exposure and provides guidance in portfolio review and strategy.

Job Description

  • Performs independent analytical initiatives including portfolio modeling, stress testing, and migration analysis. Works with TDBFG Analysts to validate key PD, LGD and EAD factors that are critical to internal Allowance for Loan and Lease Loss measures, RAROC models and business unit profitability measures.

  • Participates in and primarily supports the Portfolio Strategy and Allowance Committees, Commercial lending executive leadership and Finance, and serves as a principal interface with external accountants and regulators (Fed, OCC and OSFI) and interacts with Risk and Analytical professionals at TDCT and TDBFG.

  • Supervises and mentors Senior Analysts, Analysts and others with less experience.

  • Provides cross functional project management and coordination for non dedicated staff. Participates in the development of new analytical solutions to emerging problems, portfolios and new lending initiatives.

  • Ensures the effective communication of portfolio and asset quality trends to Senior Management partnering with lenders and credit officers as appropriate to tailor portfolio specific solutions leveraging aggregate tools and expertise.

  • Oversees the commercial credit portfolio analysis in support of financial, regulatory and risk management requirements.

  • Performs a leadership role in managing the US ALLL within assigned authority performing analysis and support for judgmental components along with preparing summary memos and committee minutes reflecting decision rationale.

  • Exercises independent judgment by displaying and reaching conclusions on the most complex portfolio issues as well as assumes accountability for high quality recommendations regarding the credit portfolio.

  • Provides continuous analysis and interaction with Canada on the appropriateness of risk ratings models including those addressing BRR, FRR, and LGD. Generates periodic summaries to US Credit leadership on the accuracy and appropriateness of those models.

  • Acts in an advisory and referral role to Lenders and Analysts in matters of analysis and modeling. Confers with Canadian experts as needed.

  • Recommends approval of changes in underwriting and policies, including industry reviews.

  • Reviews and endorses recommendations from Market Presidents for industry limits.

  • Interacts with Asset Recovery Group as appropriate.

  • Acts as lead in other risk management related duties or special projects.

Requirements

  • Bachelor's degree required

  • Graduate Degree or progressive work experience in addition to experience below

  • 10+ Years of related experience

  • Significant experience required in Credit Risk Management, Accounting, Investor Relations and Finance

  • Strong written and verbal communication skills

  • Experience in Change Management related to the adoption of new business processes

  • Significant experience organizing and presenting Credit Portfolio results and Allowance requirement to Senior Management Committees

  • Strong Credit Risk Modeling and financial scenario experience

  • Industry analysis and presentation experience

  • Knowledge of both Commercial and Retail Loan portfolio management, reporting and analysis

Must be eligible for employment under regulatory standards applicable to the position.

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 are a candidate with a disability and need an accommodation 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.

EOE/Minorities/Females/Veterans/Individuals with Disabilities/Sexual Orientation/Gender Identity.


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Manager Of Credit Analytics

TD Bank Group