Senior Quantitative Analyst (US) jobs in United States
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TD · 18 hours ago

Senior Quantitative Analyst (US)

TD is one of the world's leading global financial institutions and is the fifth largest bank in North America. The Senior Quantitative Analyst provides quantitative analysis and builds advanced quantitative models to meet business requirements, with a focus on pricing and risk management.

BankingFinanceFinancial ServicesWealth Management
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H1B Sponsor Likelynote

Responsibilities

Provides financial, analytical, modeling expertise to build quantitative models for business projects
Conducts complex quantitative analysis as it applies to areas of responsibility, generally aligned to specific transactions and products
Performs statistical model assumptions' tests for soundness of model theory
Hands on coding and building of quantitative models
Reviews model results and identifies unexpected results
May develop specialized analytical tools for projects or ongoing use
May develop conclusions and courses of action to rectify discrepancies as well as analyses
Develops and analyzes key metric and plan variances and related information
Develops analyses of performance and predictive data
Compiles and generates ad-hoc analytical reports
May lead additional research efforts, applying expertise in statistical analysis and modeling
Explores the best practice modeling techniques for model enhancement
Highly seasoned professional role requiring substantial knowledge / expertise in a complex field and knowledge of broader related areas
Integrates knowledge of the enterprise sub-function’s or business line’s overarching strategy in developing solutions across multiple functions or operations
Interprets internal/external business challenges and the industry environment, recommends course of action and best practices to improve products, processes or services
Acts as a technical expert / lead integrating cross-function understanding within their own field of specialty; may manage team(s) of related specialists
Leads cross-functional teams or projects with significant resource requirements, risk and / or complexity
Independently manages end-to-end functional programs
Solves or may lead others to solve complex problems; leads efforts or partners with others to develop new solutions
Uses sophisticated analytical thought to exercise judgement and identify solutions
Impacts the achievement of sub-function or business line objectives within the area they are accountable for
Work is guided by policies and industry standards/methods
Communicates difficult concepts; converts information to compelling business context and advice; influences and gains alignment across increasingly senior stakeholders
Works autonomously as the lead and guides others within area of expertise
Independently handles all but the most complex and unusual issues
Develop and enhance quantitative pricing models
May lead additional research efforts, applying expertise in quantitative analysis and modeling
Write computer code to implement new pricing models and enhancements to existing models
Work with trading desks to perform analysis of financial markets using quantitative models
Work with trading desks and risk management to perform analysis of financial product pricing and risk management using quantitative models
Explore the best practice modeling for model enhancement
May develop specialized analytical tools for projects or ongoing use
Enhance model documentation to reflect new or improved models and model features
Work with model risk management to get new models and features approved
Review model results and identify unexpected results
May develop conclusions and courses of action to rectify discrepancies and analyses
Assist in the analyses of model performance
Develop and maintain strong business relationships with trading desks
Supports the development, forecasting, and analysis of potential responses to regulatory inquiry related to models
Contribute to various operational activities and processes as assigned
Consistently exercise discretion in managing correspondence, information and all matters of confidentiality; escalate issues where appropriate
Be knowledgeable of practices and procedures within own area of responsibility and keep abreast of emerging trends for own functional area
Protect the interests of the organization – identify and manage risks, and escalate non-standard, high risk activities as necessary
Conduct internal and external research projects; support the development / delivery of presentations / communications to management or broader audience
Conduct reporting and / or meaningful analysis at the functional or enterprise level using results to draw conclusions, make recommendations, assess the effectiveness of programs/ policies/ practices
Monitor service, productivity and assess efficiency levels within own function and implement continuous process / performance improvements where opportunities exists
Acquire and apply expertise in the discipline, provide guidance, assistance and direction to others
Identify, recommend and effectively execute standard practices applicable to the discipline
Adhere to internal policies/procedures and applicable regulatory guidelines
Keep abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impacts
Maintain a culture of risk management and control, supported by effective processes in alignment with risk appetite
May lead work streams by acting as a project lead / subject matter expert for small scale projects / initiatives in accordance with project management methodologies
Participate fully as a member of the team, support a positive work environment that promotes service to the business, quality, innovation and teamwork and ensure timely communication of issues/ points of interest
Support the team by continuously enhancing knowledge / expertise in own area and participate in knowledge transfer within the team and business unit
Keep current on emerging trends/ developments and grow knowledge of the business, related tools and techniques
Participate in personal performance management and development activities, including cross training within own team
Keep others informed and up-to-date about the status / progress of projects and / or all relevant or useful information related to day-to-day activities
Contribute to the success of the team by willingly assisting others in the completion and performance of work activities; provide training, coaching and/or guidance as appropriate
Contribute to a fair, positive and equitable environment that supports a diverse workforce
Act as a brand ambassador for your business area/function and the bank, both internally and/or externally

Qualification

Quantitative modelingSASPythonRBanking industry knowledgeStatistical analysisSQLCommunication skillsInterpersonal skillsProblem-solvingTeam collaboration

Required

Undergraduate degree required, advanced technical degree preferred (e.g., math, physics, engineering, finance or computer science)
3+ years relevant experience, In-depth knowledge of quantitative models and statistical analysis
Ability to effectively interpret, select appropriate techniques, take independent action, communicate, and follow-through
Strong communications skills, both written and verbal
Strong interpersonal and consultative communication skills with well-developed presentation skills
Ability to manage competing priorities effectively, making good decisions based on business priorities and objectives
Practical knowledge of financial analysis techniques and methodologies
Ability to employ complex analytical tools and statistics to perform analysis and forecasting of financial and other business information
Proficiently use Microsoft Office tools to prepare and present analysis results to the audience
Advanced skills in SAS and SQL
Advanced level in statistical analysis and modeling tools
Ability to exercise sound judgment in making decisions
Ability to analyze complex information and develop plans to address identified issues
Demonstrated skills in conflict resolution, strong intuitive judgment and negotiation/influencing skills, flexibility and adaptability to changing priorities in a fast-paced environment, along with a strong consultative approach
Skill in collecting, organizing and analyzing complex or technical data
Skill in using logic and reasoning to identify the strengths and weaknesses of alternative situations, conclusions or approaches to problems
Skill in active learning by understanding the implications of new information for both current and future problem solving and decision making
Skill in identifying complex problems and reviewing related information to develop and evaluate options and implement solutions
Skill in decision making by considering relative costs and benefits of potential actions and choosing the most appropriate option
Ability to determine which issues to escalate versus to resolve independently, and provide suggestions for possible resolution
Ability to combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events)
Ability to evaluate documents for accuracy and legal conformance
Ability to anticipate and diffuse problems before they occur
Ability to conduct short-range and long-range business planning
Ability to develop objectives, evaluate effectiveness and assess needs
Ability to recognize, analyze and solve a variety of problems
Ability to identify problems, evaluate alternatives and implement effective solutions
Ability to implement new systems and procedures and to evaluate their effectiveness
Ability to problem solve a variety of situations
Ability to contribute to strategic direction of the function and provide advice to senior leadership
Ability to think strategically and possess strong business acumen

Preferred

Graduate degree in quantitative discipline (e.g., Statistics, Economics, Mathematics, Engineering, or related field)
Extensive experience in developing quantitative models. PPNR modeling experience for stress testing is plus
Strong hands-on expertise with SAS, Python, and/or R
Deep knowledge in banking business and familiar with the banking industry data
Proven ability to communicate complex technical concepts to general audience
Proven experience working effectively in cross functional environments, collaborating across business, risk, technology, and compliance teams

Benefits

Health and well-being benefits
Savings and retirement programs
Paid time off (including Vacation PTO, Flex PTO, and Holiday PTO)
Banking benefits and discounts
Career development
Reward and recognition

Company

The Toronto-Dominion Bank & its subsidiaries are collectively known as TD Bank Group (TD).

H1B Sponsorship

TD has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2022 (1)
2020 (6)

Funding

Current Stage
Late Stage
Total Funding
$65M
Key Investors
U.S. Department of the Treasury
2023-10-03Grant· $65M

Leadership Team

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Brian Jacobson
Chief of Staff to the CEO, TD Bank, America's Most Convenient Bank
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F
Foster Glenn
Senior Vice President Technology and Data Risk Management
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Company data provided by crunchbase