Vice President Automotive Risk Manager II, TD Bank, Vienna, VA
TD Bank -
Vienna, VA,
US
Vice President Automotive Risk Manager II
Date Posted: 2023-05-22
Job description
Company OverviewAbout TD Bank, America's Most Convenient BankTD Bank, America's Most Convenient Bank, is one of the 10 largest banks in the U.S., providing over 9.8 million customers with a full range of retail, small business and commercial banking products and services at more than 1,100 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Auto Finance, a division of TD Bank, N.A., offers vehicle financing and dealer commercial services. TD Bank and its subsidiaries also offer customized private banking and wealth management services through TD Wealth. TD Bank is headquartered in Cherry Hill, N.J. To learn more, visit www.td.com/us. Find TD Bank on Facebook at www.facebook.com/TDBank and on Twitter at www.twitter.com/TDBank_US and www.twitter.com/TDNews_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.We offer a competitive salary and benefit program, including: comprehensive, affordable health care through medical, dental, and vision coverage; financial security with life and disability insurance; opportunities to save using health savings and flexible spending accounts; retirement benefits to help prepare for the future; paid time off and work/life benefits to maintain a good balance.Department OverviewJob Description SummaryThe Risk Manager II manages the creation, implementation and validation of various risk segmentation strategies including, but not limited to: adjudication, exposure management, risk segmentation, and financial return optimization. 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. The Risk Manager II investigates, creates, implements and validates various risk segmentation strategies and policies using complex data including cohort time series analysis of PCL, Marketing Investments, Decision Expense, Risk Adjusted Revenue, Risk Adjusted Margin, NPV, ROE, etc. with the limited guidance from the manager.Highly sought out skills:* Quantifies and analyzes risk drivers and characteristics for US Auto Finance portfolios* Researches, evaluates, develops, and applies quantitative models and methodologies for analyzing risk exposures and Originations scorecard strategies* Performs independent statistical and optimization analysis to support credit risk and pricing initiatives covering the lifecycle of retail auto products, in areas such as portfolio migration analysis, economic impact assessment, expected loss/revenue expectation setting, and vintage performance monitoring* Solid understanding of credit scorecard modeling and end-to-end development, and knowledge of machine learning methods is a plusThis is a hybrid role (3 days a week) if you live near one of our hubs in Detroit MI, Wilmington DE, or Mt Laurel PA (outside Philly)Job DescriptionPerforms functions noted for Risk Manager IGenerally an expert at the enterprise or group business levelActs 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 regulationsInterfaces with teams beyond risk in a cross-functional mannerRepresents business on corporate initiatives and identifies key risks and implications and provides direction in complex situationsRequirementsBachelor's degree required; Graduate degree preferred or progressive work experience in addition to experience below10+ years' experience requiredProficient PC skills in MS Office and a variety of PC-based analytical and reporting software packagesExperience with the use of Relational Databases and the process of Extract Transform Load (ETL) using common languages such as SQL or SASWorking knowledge of SAS Enterprise Miner, FICO Model Builder or Angoss Knowledge SeekerStrong analytical and problem solving skills are required to interpret data and draw conclusionsFlexibility to adapt to rapidly changing requirementsExtremely strong attention to detail with ability to manage a range of tasks and prioritizeProven ability to develop and maintain productive business/peer relationshipsSuperb written and verbal communication skillsExperienced in developing and presenting recommendations to Senior ManagementMust be eligible for employment under regulatory standards applicable to the position.Hours40InclusivenessAt 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 their 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 ...@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.