Senior Analyst, Trading Surveillance – TD Bank, Toronto, ON
Location: Toronto, ON | Company: TD Bank
TD Bank is hiring a Senior Analyst, Trading Surveillance, for a full-time hybrid position in Toronto, Ontario. The role supports the Model Validation group within Enterprise Risk by independently assessing analytical models used for financial crime risk management and trading surveillance.
This position may suit candidates with experience in model development or validation, financial markets, machine learning, statistical analysis, and programming. The Senior Analyst will work with risk professionals, analytical specialists, Big Data developers, business stakeholders, and model owners to evaluate model performance and document reliable validation conclusions.
About the Trading Surveillance Position
The Senior Analyst reports to the Senior Manager responsible for Trading Surveillance and Insider Risk model validation. The position focuses on reviewing models used to identify potentially unusual or concerning trading activity and determining whether those models operate in line with TD’s internal validation standards, model risk policies, and regulatory expectations.
The work involves technical testing, analytical review, stakeholder discussions, and formal reporting. The successful candidate will examine model methodologies, test model behaviour, investigate limitations, and help ensure that validation work provides enough evidence to support internal audit and regulatory assessments.
Key Areas of Responsibility
The role combines quantitative analysis, financial crime risk management, technical model assessment, documentation, and collaboration across several areas of TD Bank.
Model Validation
Assess financial crime risk management models used for trading surveillance and determine whether their design, methodology, and performance are appropriate.
Validation Testing
Develop and perform testing procedures for traditional and advanced surveillance models under the guidance of a manager or senior manager.
Technical Analysis
Use quantitative methods, programming tools, and model documentation to evaluate outputs, identify weaknesses, and support validation conclusions.
Stakeholder Communication
Discuss identified model limitations with first-line business partners and work collaboratively toward practical and well-supported resolutions.
Validation Reporting
Prepare detailed reports that explain testing methods, findings, supporting evidence, limitations, and the rationale behind final validation decisions.
Risk Policy Alignment
Complete assigned validation activities according to enterprise procedures, model risk policies, business timelines, and regulatory requirements.
Education and Technical Requirements
TD requires a post-secondary degree in computer science, statistics, mathematics, financial engineering, engineering, or another closely related field. Candidates should also understand trading strategies and algorithms, as the models being reviewed are connected to market activity and trading surveillance.
The employer is looking for more than two years of experience developing or validating financial crime risk management models, including exposure to artificial intelligence or machine learning techniques. Previous work involving trading surveillance models is considered an asset. Knowledge of programming languages and analytical platforms such as Python, Scala, and H2O.ai may also support success in the position.
Skills That May Help Candidates Succeed
The Senior Analyst will need to balance detailed technical work with clear communication, independent project management, and collaboration across risk, technology, and business teams.
The ability to evaluate modelling assumptions, testing results, performance measures, and technical limitations is central to the validation process.
Experience with Python, Scala, H2O.ai, or similar tools can help candidates perform analytical testing and work with advanced surveillance models.
Familiarity with trading strategies, algorithms, capital markets, and surveillance risks can help the analyst understand how models are used in practice.
Strong written and verbal communication is needed to explain complex findings to model developers, business stakeholders, auditors, and regulators.
The position requires effective time management, multitasking, and the ability to complete validation assignments with limited supervision.
Team Environment and Compensation
This is a hybrid role based in Toronto with a full-time schedule of 37.5 hours per week. The Senior Analyst will work in an interactive environment alongside model validation professionals, Big Data developers, analytical experts, risk teams, and business stakeholders. The position also requires the analyst to remain informed about developments in trading surveillance modelling and financial crime risk management.
TD lists an annual base salary range of $76,800 to $115,200 CAD. The final salary may depend on the candidate’s experience, skills, job-related knowledge, geographic location, and business requirements. TD also identifies health and well-being benefits, savings and retirement plans, paid time off, banking benefits, development programs, training resources, and recognition initiatives as elements of its total rewards package, subject to eligibility.
How to Apply
Candidates should review the complete job description on the official TD Bank careers website before applying. Application materials should clearly describe relevant experience in model validation, financial crime risk management, trading surveillance, machine learning, statistical analysis, and programming.
The official application deadline is July 20, 2026. TD may contact selected applicants to schedule an interview, and candidates may request accessibility accommodations during any stage of the recruitment process.