Risk Manager II, Unsecured Lending

This is a fully remote position, open to applicants in Pennsylvania.

📋 Description

• Manage credit risk across the portfolio for retail unsecured lending products, such as credit cards, personal loans, and overdraft facilities.

• Supervise the development, execution, and validation of risk segmentation strategies.

• Assist in adjudication, exposure management, risk segmentation, financial return optimization, and establishing risk appetite.

• Concentrate on overdraft functionalities related to deposit products and potentially other unsecured offerings.

• Provide essential information, interpretative analysis, and in-depth assessments.

• Implement credit risk strategies to ensure decisions align with TD's risk appetite and adhere to governmental regulations and guidelines.

• Function as an expert at the enterprise or group business level.

• Act as the primary regulatory liaison for risk-related issues and requirements affecting a significant business segment.

• Evaluate and guide responses to existing and upcoming regulations.

• Collaborate across functions with teams beyond the risk domain.

• Represent the business in corporate initiatives, identify key risks and their implications, and provide guidance in complex scenarios.

• Formulate and deliver recommendations to Senior Management.

• Engage in occasional domestic travel and maintain continuous sedentary work, multitasking, office equipment use, concentration, reading, writing, comprehension, and basic arithmetic activities.

⛳️ Requirements

• A Bachelor's degree is required; a graduate degree is preferred, or progressive work experience may serve as a substitute.

• A minimum of 10 years of relevant experience is required.

• Proficiency in PC skills, including MS Office and analytical/reporting software.

• Experience with relational databases and ETL processes using SQL or SAS.

• Familiarity with SAS Enterprise Miner, FICO Model Builder, or Angoss Knowledge Seeker.

• Expertise in retail lending or unsecured lending credit risk is essential.

• Advanced understanding of card strategies, Risk Adjusted Revenue, Risk Adjusted Margin, NPV, and ROE.

• Strong analytical and problem-solving abilities.

• Adaptability to rapidly changing requirements is crucial.

• Exceptional attention to detail and a strong ability to prioritize tasks.

• Capability to build and maintain productive relationships with business and peers.

• Excellent written and verbal communication skills.

• Experience in developing and presenting recommendations to Senior Management.

• Advanced Python coding skills are a plus but not mandatory.

🏝️ Benefits

• Base salary along with variable compensation and incentive awards.

• Eligibility for cash and/or equity incentive awards through an incentive plan.

• Health and wellness benefits.

• Savings and retirement programs.

• Paid time off, including Vacation PTO, Flex PTO, and Holiday PTO.

• Banking benefits and discounts.

• Opportunities for career development.

• Reward and recognition initiatives.

• Regular discussions on career, development, and performance.

• Access to an online learning platform.

• Mentoring programs available.

• Training and onboarding sessions provided.

• Competitive benefits package.

• A respectful and inclusive workplace environment.

• Support for accommodations during the application process.