Physical risk manager developing flood, wildfire, hurricane, and heat-risk measurement for TD, a major North American bank.
Translating climate hazards into portfolio, credit-risk, stress-testing, and regulatory metrics.
Responsibilities
Develop physical risk methodologies for acute and chronic hazards including flood, wildfire, hurricane, and extreme heat
Conduct portfolio-level physical risk analyses across climate scenarios and time horizons
Translate physical risk impacts into financial and credit risk measures including collateral value, PD, LGD, and ECL
Integrate and evaluate third-party climate and catastrophe models
Develop scalable analytical workflows and data pipelines
Produce analysis and reporting for risk management, business, senior management, and regulatory stakeholders
Prepare and maintain model documentation, methodology papers, controls, and supporting evidence
Support independent model validation through sensitivity testing and remediation of findings
Contribute to climate risk regulatory reporting and remediation, including OSFI Guideline B-15 activities
Coordinate delivery across credit risk, model validation, ESG, technology, data, and business teams
Provide technical guidance to analysts and partners
Support the continued development of TD’s physical risk measurement capabilities
Requirements
Master’s degree or PhD in a relevant quantitative discipline and at least three years of related professional experience, or bachelor’s degree and at least five years of related professional experience
Relevant discipline such as catastrophe modelling, climate science, engineering, actuarial science, statistics, economics, finance, data science, or a closely related field
Proficiency in Python, R, SAS, or similar programming languages
Experience with geospatial analysis, large datasets, and quantitative model development
Strong communication, stakeholder management, and project delivery skills
Experience with catastrophe or physical climate risk models is preferred
Knowledge of credit risk, stress testing, expected credit loss, or capital assessment is preferred
Experience integrating, benchmarking, or validating third-party climate models is preferred
Familiarity with climate scenarios, Databricks, Power BI, and model governance is preferred
Knowledge of OSFI Guideline B-15 or related climate risk regulations is preferred
Benefits
Base salary
Variable compensation
Health and well-being benefits
Savings and retirement programs
Paid time off
Banking benefits and discounts
Career development
Reward and recognition programs
Regular development conversations
Training programs
Online learning platform
Mentoring programs
Training and onboarding sessions
Workplace accommodations, including accessible meeting rooms and captioning for virtual interviews
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