Risk Manager II (US) Unsecured Lending

About this role

Work Location: Mount Laurel, New Jersey, United States of America Hours: 40 Pay Details: $115,440 - $173,160 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 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 • Lifting/Carrying (under 25 lbs.) – Occasional • Lifting/Carrying (over 25 lbs.) – Never • Squatting – Occasional • Bending – Occasional • Kneeling – Never • Crawling – Never • Climbing – Never • Reaching overhead – Never • Reaching forward – Occasional • Pushing – Never • Pulling – Never • Twisting – Never • Concentrating for long periods of time – Continuous • Applying common sense to deal with problems involving standardized situations – Continuous • Reading, writing and comprehending instructions – Continuous • Adding, subtracting, multiplying and dividing – Continuous

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required. The listed or specified responsibilities & duties are considered essential functions for ADA purposes.

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Who We Are: TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we strive to make every interaction, product, and experience remarkably human and refreshingly simple for over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience. TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing. Together, we are reimagining what banking can be for our clients, colleagues and communities.

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