Risk Manager II – Real Estate Secured Lending (US) at TD Bank

Work Location:Portland Maine United States of AmericaHours:40Pay Details:$115400 - $173160 USDTD 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 candidates 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 ManagementJob Description:Department Overview:Retail Credit Risk Management independently oversees credit risk in the U.S. Retail lending portfolios. Core responsibilities include Risk Appetite and limit setting review and approval of underwriting strategies credit policy governance portfolio monitoring and analytics loss forecasting challenge and collections and recovery strategy oversight.The 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.Depth & Scope:Performs 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 situationsAdditional Information:Provides a comprehensive and diverse range of risk management expertise to business leaders.Leads and supports the implementation of appropriate risk frameworks and related risk management activities to mitigate enterprise and/or business-wide risk exposures for Mortgage and Home Equity Lending.Provides oversight commentary and recommendations based on overall strategy and industry standard methodologies.Represent RCRM on RESL related projects.Education & Experience: Bachelors 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 ManagementPreferred Qualifications:This position will provide oversight support across both the Mortgage and Home Equity portfolio this position will be a subject matter expert in the Real Estate Secured lending business and expected to provide insights and analysis for oversight challenge and support of the business.Mortgage and Home Equity experience with both first and second line experience preferred.Experience in Credit Risk Management and credit policy development and strategy reviews and approvals.Strong quantitative mathematical and statistical skills to provide technical support for Credit Risk analysis.Physical Requirements:Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%Domestic Travel OccasionalInternational Travel NeverPerforming sedentary work ContinuousPerforming multiple tasks ContinuousOperating standard office equipment - ContinuousResponding quickly to sounds OccasionalSitting ContinuousStanding OccasionalWalking OccasionalMoving safely in confined spaces OccasionalLifting/Carrying (under 25 lbs.) OccasionalLifting/Carrying (over 25 lbs.) NeverSquatting OccasionalBending OccasionalKneeling NeverCrawling NeverClimbing NeverReaching overhead NeverReaching forward OccasionalPushing NeverPulling NeverTwisting NeverConcentrating for long periods of time ContinuousApplying common sense to deal with problems involving standardized situations ContinuousReading writing and comprehending instructions ContinuousAdding subtracting multiplying and dividing ContinuousThe 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.#LI-AMCBCorporate Who We Are:TD is one of the worlds leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day we deliver legendary customer experiences to over 27 million households and businesses in Canada the United States and around the world. More than 95000 TD colleagues bring their skills talent and creativity to the Bank those we serve and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers communities and colleagues.TD is deeply committed to being a leader in customer experience that is why we believe that all colleagues no matter where they work are customer facing. As we build our business and deliver on our strategy we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether youve got years of banking experience or are just starting your career in financial services we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs were here to support you towards your goals. As an organization we keep growing and so will you.Our Total Rewards PackageOur Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial physical and mental well-being goals. Total Rewards at TD includes base salary and variable compensation/incentive awards (e.g. eligibility for cash and/or equity incentive awards generally through participation in an incentive plan) and several other key plans such as 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 and reward and recognition. Learn moreAdditional Information:Were delighted that youre considering building a career with TD. Through regular development conversations training programs and a competitive benefits plan were committed to providing the support our colleagues need to thrive both at work and at home.Colleague Development If youre interested in a specific career path or are looking to build certain skills we want to help you succeed. Youll have regular career development and performance conversations with your manager as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. Whether you have a passion for helping customers and want to expand your experience or you want to coach and inspire your colleagues there are many different career paths within our organization at TD and were committed to helping you identify opportunities that support your goals.Training & OnboardingWe will provide training and onboarding sessions to ensure that youve got everything you need to succeed in your new role.Interview Process Well reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.AccommodationTD Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity national origin age disability status as a protected veteran or any other characteristic protected under applicable federal state or local law.If you are an applicant with a disability and need accommodations to complete the application process please email TD Bank US Workplace Accommodations Program at . Include your full name best way to reach you and the accommodation needed to assist you with the applicant process.Required Experience:Manager Key Skills Microsoft Office,Portfolio Management,Microsoft Word,Asset Management,Yardi,Microsoft Excel,Administrative Experience,DocuSign,Property Management,negotiation,Contracts,Google Suite Employment Type : Full-Time Experience: years Vacancy: 1 Monthly Salary Salary: 115400 - 173160