AddressHours37.5Workplace ModelHybridPay Details
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Department OverviewThe Model Validation (MV) group is a centralized Model Risk Management function within the Bank. It has seen fast growth in the past few years reflecting global regulators' increasing attention on model risk. The Artificial Intelligence / Machine Learning (AI/ML) Model Validation team within MV is responsible for the review/vetting and approval of AI/ML models developed and used across the enterprise (e.g., Fraud, Retail Credit Risk, Marketing, NLP, TD Wealth, TD Asset Management, Treasury Balance Sheet Management, TD Insurance). By ensuring an objective and independent evaluation of models, the Model Validation function is critical to the effective measurement and management of model risk across the TD Bank Group.Job DetailsThe position reports to AVP, AI/ML Model Validation group. Detailed accountabilities include:- Lead a team of Machine Learning and Data Scientists to perform validation of all AI/ML models deemed in-scope by the bank-wide Model Risk Policy. These models are used in the Bank for computing credit risk, adjudication of retail products, marketing, fraud detection, NLP, cyber security, personal banking, etc.
- Recommend the approval of models or other corrective actions based on the independent validation.
- Lead and Support a team of model validators
- Ensure performance objectives are set for all staff and that performance feedback is provided on a regular basis.
- Communicate group objectives and strategies and align group activities in support of business objectives.
- Support employee development activities, coach and support direct reports in meeting their personal development objectives.
- Assume a leadership role in developing standards and procedures for vetting and validation of AI/ML models that are compliant with the Bank's internal Model Risk Policy, adhere with industry and academic best practices, and meet regulatory requirements.
- Respond to requests from both Canadian and U.S. regulators, internal and external audit in their review/audit of models and vetting/validation process and procedures. Provide information and assistance as required.
- Work effectively with internal Model Development groups, Audit, and other internal partners to ensure AI/ML models meet required Bank standards for use.
- Play a key role in ensuring the appropriate use of AI/ML models. Identify the need to implement new models/techniques as industry standards evolve and regulatory requirements change.
- Maintain full professional knowledge of techniques and developments in the field of AI and Machine Learning, and share knowledge with business partners and senior management. Provide subject matter expertise to business units on AI/ML modeling and validation.
- Advanced quantitative and AI / ML skills with post-secondary degree in one or more of the following areas: Machine Learning, AI, finance, engineering, software engineering, statistics, economics / econometrics, mathematics
- In-depth knowledge of AI / Machine Learning techniques, concepts and theory; Statistical/probability theory and applications. Understanding of weaknesses and limitation of popular ML modeling approaches.
- Deep knowledge of popular tabular ML algorithms such as XGBoost/LightGBM, Random Forest, EBM (GA2M)
- Knowledge and Experience with Deep Learning models for tabular data, and/or unstructured data such as text.
- In-depth knowledge of AI/ML Explainability/Interpretability concepts, tools and techniques
- Ability to research and implement Machine Learning algorithms from academic research papers is a plus
- 4 year + Experience in either developing or validating AI/ML models; and 2 year + Experience in leading a small team
- Proficient in relevant programming languages such as Python, PySpark, SQL. Experience with Microsoft Azure cloud infrastructure, Databricks is an asset.
- Object Oriented Programming, GIT, MLOps / Dev.Ops; Experience maintaining an ML library is a plus.
- Excellent verbal and written communication skills; and stakeholder management abilities (position requires writing and reviewing reports of technical nature).
- Strong critical and analytic thinking skills.
- Excellent time / project management and multitasking skills with minimal supervision.
- Stay up to date with the latest advancements in data science, machine learning, AI, and cloud technologies
At TD we're guided by our purpose is to enrich the lives of our customers, communities and colleagues, and share a set of values that shape our culture and guide our behavior. In exchange for how our colleagues show up to help TD succeed, we are committed to delivering a colleague experience grounded in Impact, Growth and a Culture of Care. No matter where you work across TD, we empower you to make an impact at work and in your community, explore and grow your career and be part of our caring and inclusive culture.
Making Your Well-being a Priority
A supportive culture that promotes colleague well-being is core to who we are. At TD, we focus on total well-being with extensive programs to help colleagues assess, manage, and improve their well-being across four core pillars — physical, financial, social and mental/emotional. In addition, we champion a safe and inclusive work environment so colleagues feel a sense of belonging and feel supported in their personal and professional growth. Through our focus on well-being, we know that we can help our colleagues thrive, contribute to our culture of care, and support better business outcomes, because when colleagues feel their best, they're more likely to do their best.
Our Total Rewards Package
Our Total Rewards package reflects the investment we make in our colleagues to help them, and their families achieve their well-being goals. Total Rewards at TD includes a base salary, variable compensation, and several other key plans such as health and well-being benefits including medical, dental, vision & mental health coverage, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs.
How We Work
At TD, we believe in-person connections fuel collaboration and collective creativity. Our workplace experience empowers colleagues to do great work side-by-side at TD locations, while offering flexibility to work remotely where it makes sense for the work and team. Our teams work in one of three workplace models: Hybrid, Onsite and Primarily Remote. Wherever our colleagues are working, they'll always have access to the TD community and experience our culture of care.
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. 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 95,000 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 you've 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, we're here to support you towards your goals. As an organization, we keep growing – and so will you.
At TD, we're committed to fostering an environment where all colleagues are encouraged to bring their authentic selves to work, experience equitable opportunities, and feel respected and supported. We're dedicated to building an inclusive workforce that reflects the diversity of the customers and the communities in which we live and serve.
Accommodation
Your accessibility is important to us. Please let us know if you'd like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.
How We're Helping Make an Impact in Communities
TD has a long-standing commitment to help drive progress towards a more inclusive and sustainable future. That's why we launched the TD Ready Commitment in 2018, now a multi-year North American initiative. Under the TD Ready Commitment, we are targeting a total of $1 billion by 2030 in community giving four key, interconnected drivers of change: Financial Security, Vibrant Planet, Connected Communities, and Better Health. It's our goal to help support change, nurture progress, and contribute to making the world a better, more inclusive place for our customers, colleagues, and communities.
We look forward to hearing from you!
