Credit Risk Specialist (ATH 4996)

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

Risk Management

Pay Details:

$96,900 - $136,800 CAD

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:

Department Overview

The Group Risk Management job family is accountable for the development and implementation of TD's risk management strategy, governance, policies, practices, programs, reporting and operating frameworks, regulatory affairs and operations associated with the Risk Management function.

Credit Risk provides second line of defense oversight through review, analysis, inquiry, and discussion throughout the credit life cycle; roles focus on a comprehensive and diverse range of risk management expertise to the lines of business and control partners.

The TD Retail Risk Management Credit Card and Personal Lending (RRM CC & PL) Strategy team is responsible for the development and execution of CC and PL automated credit adjudication strategies and initiatives that assist our product partners to achieve growth and profitability targets while maintaining the overall credit risk quality of CC and PL lending portfolio and ensuring portfolio performance within risk appetite.  Accountabilities include providing effective challenge on CC and PL Portfolio, as well as designing, implementing, and monitoring credit risk strategies.

Job Description :

This role reports to the Senior Manager of Origination, MBNA, ODP and Business Visa Credit Card. The successful candidate will join a dynamic and innovative team responsible for owning Business Visa (BVISA) credit strategies, monitoring portfolio performance, and providing effective challenge on credit risk activities including end‑to‑end ownership of the credit risk strategy design, implementation, and monitoring for BVISA new account originations.

Key responsibilities include:

• Develop deep expertise in automated credit decisioning frameworks, including deterministic systems, predictive risk models, TD’s risk appetite, and credit lending strategies, with a focus on increasing automation and improving decision outcomes.

• Represent Retail Risk Management as a subject matter expert in the planning and delivery of new initiatives.

• Partner closely with cross‑functional stakeholders, including Credit Cards and Personal Lending Product, Retail Risk teams, Analytics, Technology, and other control functions, to deliver shared outcomes.

• Leverage advanced analytics and large‑scale data to identify opportunities to enhance credit decisioning frameworks, balancing business objectives with risk outcomes.

• Provide value‑add analysis, reporting, and monitoring to support risk oversight and business partner needs; act as a trusted advisor on a broad range of risk‑related matters.

• Mentor and develop junior team members, including championing cloud enablement and adoption of AI‑powered tools to drive improvements across the broader team.

• Lead the development, testing, and ongoing monitoring of automated risk processes.

• Own delivery of initiatives that drive risk efficacy and business growth, including concept development, senior management socialization, governance submissions, implementation, and post‑implementation oversight.

• Shape the future state of BVISA credit strategies across digital and assisted channels, driving alignment across Risk and Business partners and supporting senior management engagement and approvals.

Employee & Team

• Contribute fully as a team member, fostering a positive, inclusive environment that values collaboration, high‑quality output, and continuous improvement.

• Apply subject matter expertise to support the ideation and delivery of both immediate and enterprise initiatives.

• Participate in performance management and development activities, including cross‑training within the team.

• Communicate proactively and clearly on project status, risks, and key developments.

• Build and maintain strong, productive relationships with stakeholders and partners.

• Support a fair, equitable, and diverse workplace.

Breadth & Depth

• Take ownership of complex problems, leveraging TD’s data assets and stakeholder input to drive sound, risk‑balanced decisions.

• Build stakeholder alignment when leading initiatives and provide process and subject matter guidance to senior levels, as required.

Job Requirements:

This role requires a strong combination of technical expertise, analytical problem‑solving, business acumen, and interpersonal effectiveness.

Technical Skills

• Proficiency in SQL, SAS, Python, and ETL processing

• Experience with Microsoft Azure or similar cloud platforms, including enabling governed analytics and AI use cases in cloud-based environments, is an asset.

• Demonstrated hands‑on experience using data and analytics to solve complex problems, with a strong understanding of data structures and platforms.

• Solid knowledge of credit scoring models, with working experience in regression‑based and machine‑learning techniques.

• Proven experience designing, implementing, and managing data‑driven credit strategies, including producing clear and comprehensive documentation.

• Strong attention to detail, with the ability to operate effectively in a fast‑paced environment.

• High proficiency in MS Office, particularly Excel (e.g., pivot tables, charts, and visualizations) and PowerPoint.

Business Knowledge

• Prior Credit Risk Management experience within a financial institution preferred.

• Strong understanding of the consumer lending landscape and retail credit products, policies, and processes.

• Ability to navigate complexity and develop practical solutions to large, ambiguous problems.

• Demonstrated analytical, reporting, and structured problem‑solving skills.

Interpersonal Skills

• Strong sense of ownership and continuous‑improvement mindset, paired with a proactive, results‑oriented approach.

• Excellent written and verbal communication skills, with the ability to tailor messages to diverse audiences, including senior executives.

• Strong relationship‑management and influencing skills, enabling effective collaboration across a broad set of stakeholders.

• Resilience and flexibility to manage competing priorities, adapt to changing demands, and respond to urgent issues as needed.

Education and Accreditation

• Graduate degree in a quantitative field, e.g.: MSc Statistical Science, Masters of Data Science, MSc in Management Business Analytics, Masters of Business Analytics, Masters of Management Analytics, or similar. 5+ years relevant experience.

or

• Undergraduate degree in a quantitative field, e.g.: Math, Statistics, Computer Science, Engineering, Applied Science, or similar. 7+ years relevant experience.

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):

Sans Objet