Credit Risk Manager - First Party Fraud & Credit Abuse
Work Location: United States of America
Hours: 40
Pay Details: $86,840 - $139,360 USD
TD is committed to providing fair and equitable compensation opportunities to all colleagues. The included salary range for this role takes into account multiple factors that are considered in making compensation decisions. The base pay actually offered may vary based upon candidate's skills and experience, job-related knowledge, licensure and certifications, geographic location, and other specific business and organizational needs.
Line of Business: Risk Management
Job Description:
The Credit Risk Manager is responsible for designing, developing, implementing, and validating various First Party Fraud & Credit Abuse strategies. These strategies include, but are not limited to, adjudication, account and exposure management, collection treatments, financial return optimization. This role provides essential information, interpretative and detailed analysis, and assists in implementing key fraud strategies to ensure decisions are made within the TD risk appetite framework, adhere to fraud standards, and comply with all regulatory requirements and guidelines.
Depth & Scope:
- Demonstrates governance, control and risk management behaviors in alignment with TD policies and practices
- Leads/participates in the identification, development and implementation of new initiatives, operating workflow, additional services/applications or operational efficiencies including potentially leading special project teams or cross-functional work groups
- Assists with developing and enhancing credit risk assessment capabilities to identify and maintain good business opportunities with new and existing clients
- Performs detailed analysis and interprets information to make recommendations to Senior Management on critical strategies including non-standard and ad-hoc requests as determined by management
- Creates reports on the results of implemented strategies, using all appropriate quantitative methods and MIS, and makes recommendations to increase efficiencies and revenue while managing credit risk
- Effectively works cross-functionally with teams outside of risk
- Works with Internal Audit / External Regulators, to ensure that documentation for all work processes is complete and up-to-date
- Ensures sound credit control by taking a proactive approach to risk management within the risk guidelines of the Bank
- Ensures the timely communication of issues that are relevant to the team and encourages a good working relationship with other internal and external groups
Education & Experience:
- Bachelor's degree required; Graduate degree preferred (e.g., Mathematics, Statistics, Economics, Operations Research, Engineering, Business Administration, Finance or Computer Science)
- 5+ years of experience in First party fraud or credit risk management within the credit card sector of financial services preferred
- Understanding of payment risk, fraud life cycle management, including emerging fraud risks and trends is desired
- Extensive experience working with SAS, SQL, Python, R, MATLAB, Tableau, etc. preferred
- Exceptional quantitative and analytical skills, with ability to identify patterns, trends, and insights; Conduct risk/reward trade-off analysis preferred
- Excellent written and verbal communication skills
Physical Requirements:
- Domestic Travel – Occasional
- International Travel – Occasional
- Performing sedentary work – Frequent
- Responding quickly to sounds – Frequent
- Sitting – Continuous
- Standing – Occasional
- Walking – Occasional
The 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.
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.
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.
Accommodation
If you are an applicant with a disability and need accommodations to complete the application process, email the TD Bank US Workplace Accommodations Program at USWAPTDO@td.com.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
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