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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.

Job Description:

Model Risk Management for TD’s U.S. operations (U.S. MRM) supports the effective oversight of model risk across the U.S. businesses and is comprised of two core functions: Model Validation and Model Risk Governance. Model Validation provides independent review and challenge of models, while Model Risk Governance supports the operating framework, controls, reporting, and oversight routines for the U.S. model risk program. This Canada-based position sits within the Model Risk Governance team and is dedicated to supporting the U.S. MRM portfolio, while collaborating with Enterprise MRM and other stakeholders across Canada and the United States.

Job Description:

The Senior Risk Analyst, Model Risk Governance, is a Canada-based role supporting governance activities across TD’s U.S. Model Risk Management portfolio. The role is suited to a risk professional who combines an understanding of model risk with strong execution, coordination, judgment, and communication. The successful candidate will work with stakeholders across Canada and the United States and contribute to visible, enterprise-level risk management activities.

The successful candidate will coordinate recurring governance deliverables—including RCM, RCSA, reporting, issue management, controls, policy and framework maintenance, model inventory and attestation, regulatory change, and DFAST and stress-testing readiness—and will identify risks, coordinate mitigation, and escalate issues as needed. As priorities evolve, the role will support additional programs where MRM has governance, oversight, reporting, control, or compliance responsibilities.

• Coordinate assigned U.S. MRM Governance activities from planning and stakeholder alignment through execution, reporting, evidence retention, and completion.
• Support recurring programs including RCM, RCSA, governance reporting, issue management, controls, policy and framework maintenance, model inventory and attestation, regulatory change, and other compliance initiatives.
• Support DFAST and stress-testing readiness by monitoring deliverables, dependencies, documentation, review progress, controls, inventory reconciliation, and gating matters.
• Work across Model Validation, Model Owners, first-line stakeholders, governance and control partners, Compliance, Operational Risk, and Enterprise MRM to clarify requirements, ownership, dependencies, and timelines.
• Monitor progress against commitments and identify delays, documentation or control gaps, emerging risks, and matters requiring escalation.
• Coordinate mitigation and remediation follow-up, track actions and due dates, and promote accountability for timely resolution.
• Prepare clear status reports, dashboards, committee materials, and governance communications for management and other stakeholders.
• Maintain auditable records and help improve reporting, controls, procedures, role clarity, and governance processes.

Job Requirements:

• Undergraduate degree in business, finance, risk management, economics, analytics, or a related discipline.
• Relevant experience in risk management, governance, controls, compliance, audit, or program coordination within financial services.
• General understanding of model risk management and an interest in developing further expertise.
• Strong communication, organization, problem-solving, and stakeholder-coordination skills.
• Proficiency with Microsoft Office. Experience with governance, workflow, reporting, or model inventory tools is an asset.
• Ability to work effectively across Canada and the United States. Experience with RCM, RCSA, controls, regulatory change, governance reporting, model inventory, or stress-testing readiness is an asset.

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.

Our Total Rewards Package
Our 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 a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. Learn more

Additional Information:
We’re delighted that you’re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive both at work and at home.

Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.

Colleague Development

If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll 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.

If you’re passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact.  

We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best.

Training & Onboarding
We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.

Interview Process 
We’ll 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.

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.

We look forward to hearing from you!

Language Requirement (Quebec only):