Work Location:
Southfield, Michigan, United States of America
Hours:
40
Pay Details:
$148,720 - $223,080 USD
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.
Line of Business:
Risk Management
Job Description:
The Senior Manager of Analytics & Insights Lead is responsible for the development, coordination, implementation and oversight of Credit Management strategies for TD Bank, Auto Finance N.A. portfolios, guiding Credit and Collections principles while supporting end-to-end strategic initiatives of the company. The role manages a team of Business Insights & Analytics specialists and collaborates with internal stakeholders to drive Credit policy analytics as well as Collections strategies. This leader deploys analytics to drive business decisions, identifies data and information needs, and uncovers opportunities for process improvement. The Senior Manager proposes and implements policy and credit strategy recommendations, provides strategic insight and consultative support by interpreting data and analytical models, delivering clear, audience-appropriate presentations that inform decision-making in accordance with TD Bank, N.A. principles.
Depth & Scope:
Provide people management leadership by hiring the best talent, setting goals, developing staff, managing employee performance and compensation decisions, promoting teamwork and handling any/all disciplinary actions, as required. Oversee and lead a large and/or highly complex, and diverse reporting function for an area of significant risk, complexity or scope.
Strategic partner to leadership team on the management of the portfolio and financials, with deep industry, external / internal, enterprise knowledge, recognizing and anticipating emerging trends and; identifying operational efficiencies and opportunities with other business management / enterprise areas
Facilitate key strategic discussions and provide thought leadership to executive audience (output may include strategic roadmap and/or deliverables/ frameworks/ short to long term goals etc.)
Set operational team direction and collaborate with others to execute on common goals
Focus on longer-range planning for functional area (e.g. 12 months or greater)
Provides leadership direction and answering questions as needed. Provides guidance and assists staff with most complex aspects of work as necessary
Resolves escalated issues and problems by conferring with senior management, staff in other internal departments, outside contacts and others as necessary
Oversees analysis in support of financial, regulatory and risk management requirements
Participates in and supports several decision-making committees for management approaches
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.
Quantifies and analyzes risk exposure characteristics for portfolios
Researches, evaluates, develops, tests and applies quantitative models and methodologies for analyzing risk exposures and collection strategies
Performs independent analytical initiatives including portfolio modeling, Stress Testing and migration analysis
Works with TDBFG Analysts to determine and validate key Probability of Default (PD), Loss Given Default (LGD), and Exposure at Default (EAD) factors that are critical to internal Allowance for Loan and Lease Loss measures
Prepares and delivers management reporting necessary to ensure accurate and thorough measurement of risk factors present in retail credit products
Develops and documents systems/tools to automate calculations used in determining risk exposures
Researches and recommends standards for internal/external systems used to calculate and measure risk exposures
Recommends policy and underwriting standard modifications where warranted. Measures and monitors the organizations exposure and provides guidance in portfolio review and strategy
Establishes oversight of business lines compliance/risk controls and periodically evaluate risk mitigation efforts to make adjustments as risk/department influences change. Ensures TD Bank maintains successful audits and exams within all areas
Ensures effective compliance with all job-relevant State and Federal regulations, including, but not limited to Employee policies, procedures, CRA EEO/ AA, as well as with all job relevant Risk Management and Corporate standards
Manages complex analytical initiatives and interacts with TDBFG Analysts, Finance, Credit, and Retail Lending lines of businesses
Education & Experience:
Bachelors degree required; Graduate degree preferred
10+ Years of related experience
Significant experience required in Credit Risk Management and modeling disciplines
Strong quantitative and statistical skills to determine sound, defensible approaches to forecasts and analyses
Strong written and verbal communication skills
Experience in change management related to the adoption of new business processes
Extensive experience in organizing and presenting credit portfolio results and allowance requirements to Senior Management Committees, External Analysts, Auditors, Regulators, and Board of Directors
Industry analysis and presentation experience
Key Accountabilities:
Customer
Manage teams of Business Insights & Analytics professionals/specialists
Ensure team collaboration with partners on business problems/issues and provide fact-based analytical advice that aligns to strategy and drives shareholder value
Manage escalated client issues or priorities and reach out to appropriate areas to resolve or minimize business problems/issues
Apply judgement, discretion and collaborate with internal partners to navigate and resolve ambiguous issues
Review and/or contribute on the presentation of insights back to executive leaders / business partners to drive strategic improvement; also responsible for contributing to overall direction of team regarding emerging tools/ techniques/ methods in presenting or visualizing key information
Collaborate with business partners to shape and prioritize ad hoc analysis
Shareholder
Leverage data systems and various sources to ensure team is equipped to formulate well defined solutions to solve business problems
Ensure team leverages knowledge of data capabilities across the organization to build and deliver on business analytics and insights
Oversee the development and ongoing analysis for a business line or functional area employing both internal and external data from various sources
Manage workload of analytics team; assigning data request to staff based on skills and development needs
Support execution with excellence on key initiatives/programs
Design effective test and learn for various programs or scenarios
Develop business specific plans; ensure work and resources are aligned to support objectives
Identify opportunities for business growth within a specific business or function by identifying potential use cases and value drivers
Proactively support the identification of issues, trends and opportunities, and bring forward recommendations based on judgment and facts
Lead
