Risk Manager II (US) Unsecured Lending

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.  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.

The Risk Manager II, on a 2nd line credit risk team, oversees portfolio credit risk on retail unsecured lending products, e.g. credit cards, personal loans, and overdraft. Risk Manager II oversees the creation, implementation and validation of various risk segmentation strategies including, but not limited to: adjudication, exposure management, risk segmentation, financial return optimization, and risk appetite establishment . Special focus would be on overdraft function related to depository products and may have extended responsibilities into other unsecured products. The Risk Manager II provides critical information, interpretative, and detailed analysis, and deploys critical credit risk rational strategies that ensures the decisions are made within the TD risk appetite and adhere to all governmental requirements and guidelines. Expertise in retail lending or unsecured lending credit risk along with abilities to self motivate and project manage are essential skills to drive success. Advance knowledge on card strategies, Risk Adjusted Revenue, Risk Adjusted Margin, NPV, ROE, etc. with the limited guidance from the manager. Advance coding ability in Python is nice to have but not required. Depth & Scope: Performs functions noted for Risk Manager I Generally an expert at the enterprise or group business level Acts as the primary regulatory interface on risk issues and requirements for a key business segment of the Bank and assesses and provides direction for existing and new regulations Interfaces with teams beyond risk in a cross-functional manner Represents business on corporate initiatives and identifies key risks and implications and provides direction in complex situations Education & Experience: Bachelor's degree required; Graduate degree preferred or progressive work experience in addition to experience below 10+ years' experience required Proficient PC skills in MS Office 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 Flexibility to adapt to rapidly changing requirements Extremely strong attention to detail with ability to manage a range of tasks and prioritize Proven ability to develop and maintain productive business/peer relationships Superb written and verbal communication skills Experienced in developing and presenting recommendations to Senior Management Physical Requirements: Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100% Domestic Travel – Occasional International Travel – Never Performing sedentary work – Continuous Performing multiple tasks – Continuous Operating standard office equipment - Continuous Responding quickly to sounds – Occasional Sitting – Continuous Standing – Occasional Walking – Occasional Moving safely in confined spaces – Occasional