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Applied Machine Learning Scientist I

TD Bank Toronto
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Job Description

page for more information.**Work Location:**Toronto, Ontario, Canada**Hours:**37.5**Line of Business:**Analytics, Insights, & Artificial Intelligence**Pay Details:**$81,600 - $115,200 CADTD 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.**Job Description:**As the backbone of our financial system, financial institutions have rich large-scale datasets and are rapidly adopting models to improve customer experience and drive business performance, including AI and machine learning. While models are increasingly pervasive across society, many outstanding questions and challenges must be answered to ensure that model outcomes are fair and transparent. In this position, you will play a key role in ensuring the appropriate application of models and positioning TD as an industry leader in Responsible and Ethical AI.* Review models across TD and build a close working relationship with business units across the Enterprise. Objectives include: + Supporting compliance risk management associated with models used by TD + Supporting the business in monitoring regulatory compliance and risk mitigation throughout the model lifecycles. + Identifying and clearly communicating compliance model risks arising from model design, implementation and deployment decisions to a broad audience of stakeholders.* Represent Compliance in major projects, initiatives, and engagements* Evaluate model development procedures and practices* Opportunities to support the development of technical standards and guidelines covering model compliance risk matters, and draft key compliance documents in appropriate coordination with stakeholders.* Develop training materials and guidelines to help businesses address regulatory compliance throughout the model lifecycle.* Opportunities to support research on how to identify, assess, and address modeling risks and associated concerns* Maintain up-to-date knowledge of techniques and developments in the field of advanced modeling and share knowledge with business partners and senior management.* Provide guidance and oversight for AI/ML systems across the organization.* Assist with responses to regulatory inquiries, examinations and investigations as applicable.**TEAM DESCRIPTION**The successful candidate will join the Compliance Oversight of Models Office (COMO), an interdisciplinary team that sits at the intersection of AI/ML regulatory understanding and ethics. COMO is responsible for the global compliance oversight of models from a regulatory compliance perspective. COMO's oversight spans the entire model lifecycle and includes engagement with disparate model stakeholders. The COMO mandate includes but is not limited to:* Assessing models for regulatory compliance risk;* Providing oversight and independent challenge to approaches used to identify, assess, and address regulatory compliance risk; and* Supporting the business in monitoring regulatory compliance and removing or mitigating risk throughout the model lifecycle.COMO embraces a multidisciplinary approach, celebrating alternative and multi-faceted perspectives that are needed to ensure AI is developed and deployed responsibly and ethically. COMO is committed to developing team members professionally and expanding their horizons as the best way to address the challenges of tomorrow is to have a team with the foresight and vision to see those challenges today. **DEPARTMENT OVERVIEW**The Global Compliance Department mission is to foster a culture of integrity, ethics and compliance and deliver independent risk management and oversight of regulatory compliance risk and conduct risk throughout TD. The department achieves this by independently assessing the adequacy of, adherence to and effectiveness of regulatory compliance management programs and controls in the business; delivering objective guidance and independent challenge; proactively managing regulatory change; and providing trusted and reliable reporting, advice and opinion to senior leadership and the Board on the state of regulatory compliance risks, controls and outcomes.**JOB REQUIREMENTS*** Expertise in machine learning including, but not limited to, evaluation, statistics, and data visualization.* Experience with/knowledge of methods, techniques and tools to support bias/fairness assessments* The ability to stay abreast of developments in advanced modeling* The ability to effectively collaborate with technical and non-technical stakeholders (e.g., business partners and control partners) across the model lifecycle and as part of enterprise initiatives* Excellent verbal and written communication skills* Work effectively as a team to peer review other team member model reviews and share knowledge* Establish strong relationships with Business Units, Control Partners, Compliance Units, acting as a primary Compliance contact for model compliance risks* Ability to influence people and deal with conflicting points of view and to effect creative and responsive solutions**EXPERIENCE & EDUCATION*** Undergraduate degree or advanced technical degree preferred (preferably in computer science, math, statistics, engineering, or related quantitative field)* 5+ years of relevant experience with model development.* Experience with/knowledge of methods, techniques and tools to support model explainability and bias/fairness assessments**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. Every day, we strive to make every interaction, product, and experience remarkably human and refreshingly simple for over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience. TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing. Together, we are reimagining what banking can be for our clients, colleagues and communities.**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. Total Rewards at TD includes a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs.**Additional Information:** We’re delighted that you’re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive both at work and at home.Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.**Colleague Development**If you’re interested in a specific career path or are looking to build certain skills, we want to
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