Data Scientist III - Financial Crimes Modeling

Data Scientist III

Work Location: New York, New York, United States of America

Hours: 40

Pay Details: $96,130 - $155,950 USD

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.

Line of Business: Analytics, Insights, & Artificial Intelligence

Job Description: This role is not eligible for TD work visa support or sponsorship (e.g., H-1B, F-1 OPT/STEM OPT, TN or other work visa authorizations). Applicants must have authorization to work in the United States without current or future need for TD sponsorship

The Data Scientist III provides technical leadership across the overall Analytics function which may have an enterprise mandate. This role generally provides deep technical knowledge and expertise in client interactions to explain complex data analysis related material.

Department Overview: The US Financial Crime Risk Modeling & Advanced Analytics team within US Financial Crime department is responsible for developing, maintaining, and enhancing the Enterprise Anti-Money Laundering / Counter-Terrorism Financing (AML/CTF) models/AI solutions to comply with regulatory requirements/changes and internal policies, support TD's global AML/CTF strategies, address emerging risks, and be in accordance with best industry practice.

We are seeking a Data Science specialist to join us to innovate, drive, and support initiatives and business as usual operations in multiple functional areas including, but not limited to, customer rating, sanctions screening, transaction monitoring, emerging risk, model performance monitoring, analytics and reporting.

Depth & Scope:

• Generally accountable for a significant business management area that typically has enterprise-wide impact or accountability
• Enterprise or functional expert, requiring broad managerial and deep specialized knowledge at the enterprise, business, regulatory and industry levels
• Undertakes and completes a variety of complex initiatives requiring seasoned specialist knowledge and/or the integration of cross functional processes
• Position typically deals with senior/executive management
• Works independently on activities related to analysis, design and support of technical data management solutions on various projects ranging in complexity and size
• Focuses on longer-range planning for functional area (e.g. 12 months or greater)
• May manage and prioritize multiple projects at a given time

Education & Experience:

• Undergraduate degree or advanced technical degree preferred (e.g., math, physics, engineering, finance or computer science) Graduate's degree preferred with either progressive project work experience or
• 5+ year of relevant experience; higher degree education and research tenure can be counted

Preferred Skills:

• In lieu of 5+ years of relevant experience, we will consider 3+ years of relevant experience
• Proficient with Python or equivalent programming language and SQL
• Experience in Financial Crimes / Compliance Risk Analytics is a plus
• Experience in optimization / testing / tuning of AML/CTF solutions, particularly transaction monitoring systems
• Experience in machine learning model development, validation, and deployment; experience with LLM-based solutions a plus
• Familiarity with cloud platforms (Azure) and modern data stack tools a plus

Customer Accountabilities:

• Works closely with business owners to identify opportunities and serves as an ambassador for data science
• Is familiar with the business context and data infrastructure and can translate business problems to viable data science solutions
• Uses a wide range of programing languages (e.g. Python) and techniques for extracting and preparing data, applying statistics and various advanced analytics, along with business acumen to extract insights from the big data
• Visualizes insights from the data to tell and illustrate stories that clearly convey the meaning of results to decision-makers and stakeholders at every level of technical understanding
• Collaborates with other partners, such as data and business analysts, software engineers, data engineers, and application developers to develop scalable and sustainable data science solutions that retains long term benefit to the business

Shareholder Accountabilities:

• Analytical thought leadership and stays current on developments in data mining and the application of data science
• Solicits and offers ideas for improving business processes through insights with the objective of improving effectiveness and efficiency
• Educates the organization on approaches, such as testing hypotheses and statistical validation of result
• Helps the organization understand the principles and the math behind the scientist process to drive organizational alignment
• Translates up to date information into continuous improvement activities that enhances performance
• Adheres to enterprise frameworks or methodologies that relate to activities for business area
• Ensures respective programs/policies/practices are well managed, meet business needs, comply with internal and external requirements, and align with business priorities
• Participates in cross-functional/enterprise initiatives as a subject matter expert helping to identify risk/provide guidance for complex situations
• Monitors service, productivity and assesses efficiency levels within own function and implements continuous process/performance improvements where opportunities exist
• Leads/facilitates and/or implements action/remediation plans to address performance/risk/governance issues
• Actively manages relationships within and across various business lines, corporate and/or control functions and ensures alignment with enterprise and/or regulatory requirements
• Keeps abreast of emerging issues, trends, and evolving regulatory requirements and assesses potential impacts
• Maintains a culture of risk management and control, supported by effective processes in alignment with risk appetite

Employee/Team Accountabilities:

• Participates fully as a member of the team, supports a positive work environment that promotes service to the business, quality, innovation and teamwork and ensures timely communication of issues/points of interest
• Provides thought leadership and/or industry knowledge for own area of expertise in own area and participates in knowledge transfer within the team and business unit
• Keeps current on emerging trends/developments and grows knowledge of the business, related tools and techniques
• Participates in personal performance management and development activities, including cross training within own team
• Keeps others informed and up to date about the status/progress of projects and/or all relevant or useful information related to day-to-day activities
• Contributes to team development of skills and capabilities through mentorship of others, by sharing knowledge and experiences and leveraging best practices
• Leads, motivates and develops relationships with internal and external business partners/stakeholders to develop productive working relationships
• Contributes to a fair, positive and equitable environment that supports a diverse workforce
• Acts as a brand ambassador for your business area/function and the bank, both internally and/or externally

Physical Requirements:

Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%

• Domestic Travel – Occasional
• International Travel – Never
• Performing sedentary work – Continuous
• Performing multiple tasks – Continuous
• Operating standard office equipment - Continuous
• Responding quickly to sounds – Occasional
• Sitting – Continuous
• Standing – Occasional
• Walking – Occasional
• Moving safely in confined spaces – Occasional
• Lifting/Carrying (under 25 lbs.) – Occasional
• Lifting/Carrying (over 25 lbs.) – Never
• Squatting – Occasional
• Bending – Occasional
• Kneeling – Never
• Crawling – Never
• Climbing – Never
• Reaching overhead – Never
• Reaching forward – Occasional
• Pushing – Never