TD Bank Risk Manager I – Personal Lending in Wilmington, Delaware

Auto req ID 191202BR

Job Title Risk Manager I – Personal Lending

Job Status Full Time

Country United States

Province/State Delaware

City1 Wilmington

Location Wilmington - Market Street

Business line TD Bank AMCB

Job Category - Primary Risk Management

Job Category(s) Risk Management

TD Description 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. at http://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 at http://www.td.com/ .

Department Overview

The US Personal Lending Risk Management group provides critical information, interpretative, and detailed analysis, and deploys critical retail credit risk strategies that ensures the US Personal Lending division meets its targets and the credit risk is appropriately measured and managed

Job Description

•The Risk Manager I is responsible for risk management strategies such as Approve/Decline, Loan Amount Assignment, Account Life Cycle Risk Management, and etc. Successful candidate will manage the creation, implementation and validation of various risk segmentation strategies by extracting data, performing analysis, showing empirical evidence and apply sound judgment

•The primary accountability for this job is providing a comprehensive and diverse range of risk management expertise. As a seasoned Personal Lending Risk Manager, you will be proactive in investigating, validating and analyzing risk segmentation strategies and policies using complex data including Credit losses, Marketing Strategy, Expense, Risk Adjusted Revenue, Risk Adjusted Margin, NPV, ROE, etc. with the limited guidance from the unit manager

•The role will support the Personal Lending (Installment Loan, Line of Credit, and Overdraft) Business

Job Requirements

•The primary accountability for this job is providing a comprehensive and diverse range of risk management expertise. As a seasoned Personal Lending Risk Manager, you will be proactive in investigating, validating and analyzing risk segmentation strategies and policies using complex data including Credit losses, Marketing Strategy, Expense, Risk Adjusted Revenue, Risk Adjusted Margin, NPV, ROE, etc. with the limited guidance from the unit manager

• Ensure sound credit control 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

• Leads/participates in the identification, development and implementation of new initiatives, operating workflow, additional services/applications or operational efficiencies including potentially leading special project teams or cross functional work groups

• Proactively engages with various business units across TD as needed, including: Legal, Compliance, Fair Banking, Marketing, Lending Operations, and Product

• Assists with developing and enhancing credit structuring/packaging and risk assessment capabilities to identify and maintain good business opportunities with new and existing clients

• Performs detailed analysis and interprets information to make recommendations to Senior Management on critical strategies including non-standard and ad-hoc requests as determined by management

• Creates reports on the results of implemented strategies, using all appropriate quantitative methods and MIS, and makes recommendations to increase efficiencies and revenue while controlling delinquency and losses and produce those reports on a regular basis

• Ensures the timely communication of issues that are relevant to the team and encourages a good working relationship with other internal and external groups

• Works with Internal Audit to obtain data for the Audit Findings reports and obtain findings status from business partners

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

• Previous experience with Fintech Personal Lending not required but preferred

• Risk Management experience in other lending asset classes (i.e. credit card) not required but preferred

• 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, successful candidate will make presentations/recommendations to Personal Lending Head of Risk Management

• Ability to work on multiple complex business problems in parallel with other priorities

• Independent problem solving skills; thrives in a role with minimal guidance

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.

**Province/State (Primary) Delaware

City (Primary) Wilmington