Actuarial Analyst III - Capital

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Department Overview Ground-breaking projects and careers in TD Actuary It takes an astute combination of analytical skills, business knowledge and an understanding of human behavior to navigate today's complex risk factors in business – and banking. This is the special expertise of the Actuary professional community at TD. Actuary roles help us strategically plan our future business success and increasingly, to fulfil specialized functions in areas such as pricing, underwriting, insurance, reinsurance and of course, risk management. We value and customers benefit from the tremendous actuarial talent at the Bank and craft these roles with opportunities for personal and professional growth.

Reporting to the Manager, Capital, the main responsibilities of the Actuarial Analyst III are: Economic Capital ("ECAP") Modelling Maintain, develop, and implement the internal model for calibrating economic capital requirements for the TD Insurance General Insurance ("TDI-GI") legal entities. Ensuring regulatory compliance with OSFI's Guideline E-19: Own Risk and Solvency Assessment("ORSA"). Support TD Reinsurance Barbados ("TDRB") economic capital modelling. Financial Condition Testing ("FCT") Maintain, develop, and implement TDI-GI FCT model with justification of the base scenario, identification of risks/threats, calibration of adverse scenarios, etc. Ensure compliance with Canadian ASOP and OSFI's Annual Memorandum to the Appointed Actuary. Other Stress Tests Support the execution of TDBG stress testing program: Enterprise-Wide Stress Testing ("EWST") and Macro Stress Testing ("MST") by testing the capital/profit impact on TDI-GI under determined stressed scenarios. Ensure compliance with OSFI Guideline E-18. Internal Target Provide recommendations on the internal target capital ratios for the TDI-GI legal entities based on the ECAP, FCT, and other stress testing analysis. Ensure regulatory compliance with OSFI's Guideline A-4. Reporting Prepare and maintain results presentation decks and provide solid support and explanation of results. Prepare, validate and on-time delivery of FCT reports. Support and guarantee the on-time delivery of FCT external peer review reports. Review and validate ORSA report. Ensure compliance with OSFI's Guideline E-15. Governance/Miscellaneous Ensure an adequate level of governance, peer review, and challenge of the modelling process: Challenge from senior executives, working groups, TDI risk committee and risk capital committee on model results and key assumptions. Review and challenge from external peer reviewer. Review and challenge from TDBG Model Validation and Model Risk Management. Challenge from TDI Risk Management and TDI Audit functions. Lead the implementation of best practices, risk mitigation, risk controls as well as processes, policies, and procedures for the group, as well as other miscellaneous activities. Job Requirements Analytical/technical Skills: Stands out for his/her judgment and analytical mind. Has strong problem-solving skills. Skilled at anticipating