Sr Mgr Collect Strat Dlr Monitoring

**Work Location:**Southfield, Michigan, United States of America**Hours:**40**Pay Details:**$110,760 - $166,400 USDTD 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:**Personal & Commercial Banking**Job Description:****Job Description Summary**The Senior Manager, Collections Strategy and Dealer Monitoring collaborates with Collections/Loan Servicing to propose and implement Collections Champion/Challenger strategy that helps the business improve overall Collections effectiveness. The Senior Manager, Collections Strategy and Dealer Monitoring also oversees Collections related scorecards and models and provide recommendations to enhance overall model performance.The Senior Manager, Collections Strategy and Dealer Monitoring develops, coordinates, manages, and produces the analytical environment for TDAF Retail Loan Credit portfolios to achieve Financial (measurement, forecasts and business budgets) and Credit estimates that collections strategy and effectiveness and monitoring dealers from a portfolio perspective. In accordance with the governing principles outlined in the TD Enterprise Risk Appetite Statement and the framework documented in the Retail Credit Risk Management Mandate, the Senior Manager, Collections Strategy and Dealer Monitoring effectively manages the collections strategy and effectiveness and dealer portfolio performance providing all Risk Analytic Reporting for Credit Risk Management. They are also the point of contact for various other TDBG risk management areas needing support for Collections Strategy and Dealer Monitoring. Strong understanding of Auto finance and scorecard/modeling strongly preferred.**Depth & Scope*** Mentors and supervises retail credit risk analysts, provides leadership direction and answering questions as needed* Provides guidance and assists staff with most complex aspects of work as necessary* Resolves escalated issues and problems by conferring with senior management, staff in other internal departments, outside contacts and others as necessary* Oversees and is responsible for all collections strategies and dealer portfolio monitoring activities* Oversees analytics and modeling to determine potential dealers whose portfolio is performing outside of expectations* Recommends and builds concessions to dealer oversight committee related to high risk, non-performing dealers* Oversees retail credit collections and portfolio analysis in support of financial, regulatory and risk management requirements* Participates in and supports several decision-making committees for the retail credit and portfolio management approaches* Exercises independent judgment by displaying and reaching conclusions on the most complex portfolio issues as well as assumes accountability for high quality recommendations regarding the credit portfolio* Quantifies and analyzes risk exposure characteristics for retail credit portfolios and impacts on collections strategies and dealer monitoring* Researches, evaluates and develops credit policy for acquiring and managing a retail credit portfolio that is within the TD Enterprise Risk Appetite and meets the business objectives and targets* Researches, evaluates, develops, tests and applies quantitative models and methodologies for analyzing risk exposures, acquisition and collection strategies* Prepares and delivers management reporting necessary to ensure accurate and thorough measurement of risk factors present in retail credit products based on changes in collections strategies and dealer monitoring strategies* Develops and documents systems/tools to automate calculations used in determining risk exposures* Develops and implements statistical models and tools used in collections strategies* Researches and recommends standards for internal/external systems used to calculate and measure risk exposures* Recommends credit policy and underwriting standard modifications where warranted. Measures and monitors the organizations credit risk exposure and provides guidance in portfolio review and strategy* Establishes oversight of business lines compliance/risk controls and periodically evaluate risk mitigation efforts to make adjustments as risk/department influences change. Ensures TD Bank maintains successful audits and exams within all areas* Ensures effective compliance with all job-relevant State and Federal regulations, including, but not limited to Employee policies, procedures, CRA EEO/ AA, as well as with all job relevant Risk Management and Corporate standards* Manages complex analytical initiatives and interacts with TDBFG Analysts, Finance, Credit, Sales, Marketing and Retail Lending lines of businesses* Provides leadership, support, and guidance to Senior Management, Credit Analysts, Finance, Credit, Small Business, and Retail Lending Lines of Business**Education & Experience:*** Bachelors degree required; Graduate degree preferred* 10+ Years of related experience* Significant experience required in Credit Risk Management and modeling disciplines* Strong quantitative and statistical skills to determine sound, defensible approaches to forecasts and analyses* Strong written and verbal communication skills* Experience in change management related to the adoption of new business processes* Extensive experience in organizing and presenting credit portfolio results and allowance requirements to Senior Management Committees, External Analysts, Auditors, Regulators, and Board of Directors* Industry analysis and presentation experience**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* Pulling – Never* Twisting – Never* Concentrating for long periods of time – Continuous* Applying common sense to deal with problems involving standardized situations – Continuous* Reading, writing and comprehending instructions – Continuous* Adding, subtracting, multiplying and dividing – ContinuousThe above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required. The listed or specified responsibilities & duties are considered essential functions for ADA purposes.**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 deliver legendary customer experiences to 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 the Bank, those we serve, #J-18808-Ljbffr