Department Overview
The Sr. Business Application Analyst leads specialized business application management activities for a functional area. Plans, manages, and leads requirements gathering through the application lifecycle, and for key projects / programs to support application change through the application lifecycle. Leads business testing and business operational support and change management initiatives for integration into BAU processes.
Job Description
Depth & Scope:
Expert level professional role requiring in-depth knowledge / expertise in own domain / field of specialty and working knowledge of broader related areas
Integrates the broader organizational context into advice and solutions within own area
Subject matter expert within their own area of specialty or a resource for others
Expert knowledge of applications supported by the team including system components, functionality, interfaces, data flows, and business rules.
Expert knowledge of bank's PDLC methodology, business testing and project management
Expert knowledge and a understanding of business supported and broader organization
Expert analytical and problem-solving skills with the ability to solve complex problems requiring analysis to solve complex problems requiring analysis of multiple variables, including consultation with multiple stakeholder
Uses advanced methods to contribute to new solutions and recommend standards against which others will operate
Leads projects of moderately to complex risks and resource requirements; may lead end \u2013to-end processes of functional programs\u00a0
Coordinates and prioritizes multiple initiatives
Subject matter expert and consults with clients and/or project teams and may be involved in assessments of potential projects
Works independently as the senior lead and guides other within area of expertise
Develops and leads business application strategy roadmap, as well as provide approval and prioritization of technology changes deployments. Decisions on choice of vendor, application functionality/feature, business rules; ensure changes are aligned with application strategy & roadmap
Coordinates with key leaders to determine required capabilities, prioritize the portfolio of new programs, and promote usage of application capabilities
Ongoing alignment to ensure capability needs
Establishes and oversees budgets and ensure approved funds are appropriately utilized to achieve business objectives
Ensures appropriate risk controls are in place, are executed effectively and accountable to adhere to guidelines and regulatory requirements under control partner direction (e.g., Privacy, Legal, Compliance, Office of the Chief Data Officer, etc.)
Accountable for overall mapping of processes (current and future state) for application functions/features to support business objectives and/or implements operational and continuous improvements to business processes to maximize efficiencies and leverage synergies
Activities range from change management support and communication support to ensure changes to features/functions or business rules/processes meet's application owner's requirements
Responsible for risk and audit management and assessments (eg. BARA/BTRA, Basel, ORM review/pRCSA) and ensure adherence to guidelines and regulatory requirements under Privacy, Legal, Compliance, and Office of the Chief Data Officer
Oversees budget management and reporting as well as provide business application owner decision support
Oversees adherence to SLA, issue management, issue communication, vendor management, user group support and promoting adoption
Requirements
Education & Experience:
Undergraduate degree or technical certificate
5+ year of relevant experience
Proficient knowledge of businesses supported, applications supported, bank's PDLC methodology, business testing, project management, change management and governance standards
Knowledge of function policies, procedures and practices
Analytical and problem-solving skills are required
Knowledge of current and emerging competitor and market trends
Skill in using analytical software tools, data analysis methods and reporting techniques
Skill in mentoring/coaching others
Skill in using computer applications including MS Office\u00a0
Ability to communicate effectively in both oral and written form
Ability to work collaboratively and build relationships
Ability to work successfully as a member of a team and independently
Ability to exercise sound judgement in making decisions
Ability to analyze, organize and prioritize work while meeting multiple deadlines
Ability to handle confidential information with discretion
Qualifications
Preferred Qualifications :
\u2022\tOperational knowledge of Fraud and Disputes/Claims \u2013 US Credit Card, Debit Card, Deposit and ATM banking products.
\u2022\tProduct Ownership and Product Delivery
\u2022\tPortfolio Management Experience
\u2022\tDemonstrated knowledge of Agile principles and framework (SAFe Agile Certifications a plus)
\u2022\tSystems experience/proficiency:
o\tFIS
o\tTSYS
o\tVisa Resolve Online
o\tMastercard Connect
o\tAtlassian Collaboration Software \u2013 Jira, Confluence, JTMF
Hours
40
Inclusiveness
At TD, we are committed to fostering an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of our customers and communities in which we live in and serve, and creating an environment where every employee has the opportunity to reach their potential.
If you are a candidate with a disability and need an accommodation to complete the application process, email the TD Bank US Workplace Accommodations Program at USWAPTDO@td.com . Include your full name, best way to reach you, and the accommodation needed to assist you with the application process.
EOE/Minorities/Females/Veterans/Individuals with Disabilities/Sexual Orientation/Gender Identity.
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401023BR
Wealth Management
Statewide – Mount Laurel, NJ
Additional Locations: Fairfield, CT Wilmington, DE Washington, DC Miami, FL Atlanta, GA Portland, ME Baltimore, MD Boston, MA Concord, NH New York, NY Charlotte, NC Philadelphia, PA Providence, RI Greenville, SC Burlington, VT Vienna, VA
May 23, 2023
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Company Overview
About TD Bank, America’s Most Convenient Bank®
TD Bank, America’s Most Convenient Bank, is one of the 10 largest banks in the U.S., providing over 9.8 million customers with a full range of retail, small business and commercial banking products and services at more than 1,100 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Auto Finance, a division of TD Bank, N.A., offers vehicle financing and dealer commercial services. TD Bank and its subsidiaries also offer customized private banking and wealth management services through TD Wealth®. TD Bank is headquartered in Cherry Hill, N.J. To learn more, visit www.td.com/us. Find TD Bank on Facebook at www.facebook.com/TDBank and on Twitter at www.twitter.com/TDBank_US and www.twitter.com/TDNews_US.
TD Bank, America’s Most Convenient Bank, is a member of TD Bank Group and a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top 10 financial services company in North America. The Toronto-Dominion Bank trades on the New York and Toronto stock exchanges under the ticker symbol “TD”. To learn more, visit www.td.com.
We offer a competitive salary and benefit program, including: comprehensive, affordable health care through medical, dental, and vision coverage; financial security with life and disability insurance; opportunities to save using health savings and flexible spending accounts; retirement benefits to help prepare for the future; paid time off and work/life benefits to maintain a good balance.
Department Overview
The Sr. Business Application Analyst leads specialized business application management activities for a functional area. Plans, manages, and leads requirements gathering through the application lifecycle, and for key projects / programs to support application change through the application lifecycle. Leads business testing and business operational support and change management initiatives for integration into BAU processes.
Job Description
Depth & Scope:
Expert level professional role requiring in-depth knowledge / expertise in own domain / field of specialty and working knowledge of broader related areas
Integrates the broader organizational context into advice and solutions within own area
Subject matter expert within their own area of specialty or a resource for others
Expert knowledge of applications supported by the team including system components, functionality, interfaces, data flows, and business rules.
Expert knowledge of bank’s PDLC methodology, business testing and project management
Expert knowledge and a understanding of business supported and broader organization
Expert analytical and problem-solving skills with the ability to solve complex problems requiring analysis to solve complex problems requiring analysis of multiple variables, including consultation with multiple stakeholder
Uses advanced methods to contribute to new solutions and recommend standards against which others will operate
Leads projects of moderately to complex risks and resource requirements; may lead end –to-end processes of functional programs
Coordinates and prioritizes multiple initiatives
Subject matter expert and consults with clients and/or project teams and may be involved in assessments of potential projects
Works independently as the senior lead and guides other within area of expertise
Develops and leads business application strategy roadmap, as well as provide approval and prioritization of technology changes deployments. Decisions on choice of vendor, application functionality/feature, business rules; ensure changes are aligned with application strategy & roadmap
Coordinates with key leaders to determine required capabilities, prioritize the portfolio of new programs, and promote usage of application capabilities
Ongoing alignment to ensure capability needs
Establishes and oversees budgets and ensure approved funds are appropriately utilized to achieve business objectives
Ensures appropriate risk controls are in place, are executed effectively and accountable to adhere to guidelines and regulatory requirements under control partner direction (e.g., Privacy, Legal, Compliance, Office of the Chief Data Officer, etc.)
Accountable for overall mapping of processes (current and future state) for application functions/features to support business objectives and/or implements operational and continuous improvements to business processes to maximize efficiencies and leverage synergies
Activities range from change management support and communication support to ensure changes to features/functions or business rules/processes meet’s application owner’s requirements
Responsible for risk and audit management and assessments (eg. BARA/BTRA, Basel, ORM review/pRCSA) and ensure adherence to guidelines and regulatory requirements under Privacy, Legal, Compliance, and Office of the Chief Data Officer
Oversees budget management and reporting as well as provide business application owner decision support
Oversees adherence to SLA, issue management, issue communication, vendor management, user group support and promoting adoption
Requirements
Education & Experience:
Undergraduate degree or technical certificate
5+ year of relevant experience
Proficient knowledge of businesses supported, applications supported, bank’s PDLC methodology, business testing, project management, change management and governance standards
Knowledge of function policies, procedures and practices
Analytical and problem-solving skills are required
Knowledge of current and emerging competitor and market trends
Skill in using analytical software tools, data analysis methods and reporting techniques
Skill in mentoring/coaching others
Skill in using computer applications including MS Office
Ability to communicate effectively in both oral and written form
Ability to work collaboratively and build relationships
Ability to work successfully as a member of a team and independently
Ability to exercise sound judgement in making decisions
Ability to analyze, organize and prioritize work while meeting multiple deadlines
Ability to handle confidential information with discretion
Qualifications
Preferred Qualifications :
•Operational knowledge of Fraud and Disputes/Claims – US Credit Card, Debit Card, Deposit and ATM banking products.
•Product Ownership and Product Delivery
•Portfolio Management Experience
•Demonstrated knowledge of Agile principles and framework (SAFe Agile Certifications a plus)
•Systems experience/proficiency:
oFIS
oTSYS
oVisa Resolve Online
oMastercard Connect
oAtlassian Collaboration Software – Jira, Confluence, JTMF
Hours
40
Inclusiveness
At TD, we are committed to fostering an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of our customers and communities in which we live in and serve, and creating an environment where every employee has the opportunity to reach their potential.
If you are a candidate with a disability and need an accommodation to complete the application process, email the TD Bank US Workplace Accommodations Program at USWAPTDO@td.com . Include your full name, best way to reach you, and the accommodation needed to assist you with the application process.
EOE/Minorities/Females/Veterans/Individuals with Disabilities/Sexual Orientation/Gender Identity.
Pay Range:
$66,560 – $109,720 annually
FAQs
How much does a senior credit analyst at TD Bank make? ›
Credit Analyst salaries at TD can range from $35,102 - $84,666 per year.
What does a business analyst do at TD Bank? ›Define, document and translate business requirements into detailed functional specifications, taking into account non-functional requirements.
Why do you want to work for TD Bank answer? ›This is a place where you can realize your aspirations and achieve your goals, within a supportive and inclusive environment. Collaborating with talented colleagues on interesting and challenging work, every employee has the opportunity to make a profound impact on our business – and our communities.
Is TD a good company to work for? ›The work environment is great. You are trained and groomed to succeed. Great benefits as well including bonuses, PTOs, pension plan. Diversity and Inclusion is always encouraged.
How much does a credit analyst II make at TD Bank? ›The typical TD Credit Analyst II salary is $60,728 per year.
What is the top salary for a credit analyst? ›The majority of Credit Product Analyst salaries across the United States currently range between $91,000 (25th percentile) and $91,500 (75th percentile) annually.
Is business analyst a stressful job? ›Yes, being a business analyst is a stressful job.
This is because their role is involved with looking at huge amounts of data, synthesizing it, and using that information to help their company make decisions. This can be stressful as a wrong analysis can have massive repercussions.
Business Analyst is a good career because it offers strong salaries, plentiful job opportunities, and BAs generally report high job satisfaction and work-life balance.
What is the top position as business analyst? ›After eight to 10 years in various business analysis positions, you could advance to chief technology officer, chief operating officer, project management office director, or work as a consultant.
How many rounds of interview does TD Bank have? ›It's typical for candidates to be interviewed at least twice before a hiring decision is made. The interview process will help you learn more about our organization and answer your questions about the job opportunity. At TD, we want you to succeed, so we'll try to make your experience as rewarding as possible.
What questions do they ask in a TD Bank interview? ›
- Detail a time when you have given exceptional customer service. ...
- Tell me about yourself. ...
- They really want you to be a people person and you have to be since you are constantly helpings others with any banking needs they might have.
Example: “I feel that a career in the financial industry would be the most beneficial use of my knowledge and skills in accounting and problem-solving. I have always been fascinated by the financial world, am ambitious and hard-working and can bring great value to your company.”
How much does a TD position pay? ›Designation | Average Salary Yearly Yearly Monthly |
---|---|
Senior Cloud Engineer (10 - 12 yrs exp) | ₹50.0L/yr - ₹50.0L/yr |
QA Manager (15 - 16 yrs exp) | ₹23.5L/yr - ₹25.5L/yr |
Credit Analyst (16 - 18 yrs exp) | ₹1.1L/yr - ₹30.0L/yr |
Senior Delivery Manager (20 - 23 yrs exp) | ₹50.0L/yr - ₹96.0L/yr |
For the 10 Day Mandatory Vacation Standard: employees who receive an exception in a given year must meet the following year's requirement within the first six months of the calendar year.
Does TD Bank give bonuses to employees? ›Based on current employees, 88% said they receive an annual bonus at Td Bank. Unfortunately, there's a 25% difference between genders; 100% of women and 75% of men responded “Yes” to receiving bonuses.
How much does a credit risk analyst at TD make? ›The typical TD Credit Risk Analyst salary is $75,835 per year. Credit Risk Analyst salaries at TD can range from $48,250 - $303,638 per year.
How much does a TD Command Centre analyst earn? ›Average TD Analyst yearly pay in Canada is approximately $64,423, which meets the national average.
What is a Level 2 financial analyst? ›GENERAL DESCRIPTION. Performs highly complex (senior-level) financial analysis and regulatory work. Work involves compiling, reviewing, analyzing, and evaluating financial data; preparing reports and responding to inquiries; and recommending appropriate action to resolve financial and regulatory problems.
Which bank pays analysts the most? ›- Lazard.
- Rothschild.
- Guggenheim.
- Bank of America.
- Citi.
- Goldman Sachs.
- JP Morgan.
- Morgan Stanley.
Being a credit analyst can be a stressful job. It means you decide whether a person or a company can make a purchase, and at what interest rate. It's a big responsibility and should not be taken lightly.
How much does a senior credit analyst earn in the US? ›
Annual Salary | Monthly Pay | |
---|---|---|
Top Earners | $118,500 | $9,875 |
75th Percentile | $97,500 | $8,125 |
Average | $85,795 | $7,149 |
25th Percentile | $70,500 | $5,875 |
Analysts often work many hours under tight deadlines. Some work more than 40 hours per week.
Do business analysts have to talk a lot? ›The Skills Of A Business Analyst
A successful Business Analyst needs an analytical mind, of course, but also an appreciation of business values and goals. The Business Analyst's work also involves plenty of talking. Therefore, if you possess excellent communication skills, you will likely enjoy the job and do well.
Is business analyst an IT job? A business analyst role is not an IT job unless a business analyst chooses to specialize in the information technology industry. The title would then be an IT business analyst.
What comes after senior business analyst? ›The business analyst career hierarchy includes BA to senior business analyst, to architect, and a senior business architect. If you're looking for a job that will help you advance your career and impact the business world, here are some of the best Business Analyst careers in 2023.
What is higher than a senior business analyst? ›Senior Business Analyst Career Path
From here, professionals may progress into roles like lead business analyst and director of business operations or analytics.
The Benefits Of Becoming A Business Analyst:
High earning potential: Business analysts typically make between $50k-$100k depending on their level of experience and the industry they specialize in. A senior-level BA can easily earn over $100k per year.
Business analysts typically progress to become a senior business analyst within a few years. From here they may become a business architect, a product owner or even move into project management or a role in IT. The more experience you have, the larger and more complex the projects you can be assigned to work on.
What is the highest salary of business analyst in US? ›Job Title | Salary |
---|---|
Business Analyst | $76,574 /yr |
Senior Business Analyst | $87,805 /yr |
Business Analyst IV | $88,045 /yr |
TD Bank may approve you the same day you apply for a personal loan or within two to six business days. After your application is approved and you accept the offer, it takes as soon as the next business day to receive your funds, which TD Bank will send to you by electronic bank transfer.
How long is the interview process with TD Bank? ›
The whole interview process is around 30 mins. The interviewers are nice and the interview is more like a chat.
How many people pass the final interview? ›You may wonder how many candidates make it to the final interview, but the number usually varies depending on the company. On average, about two to four candidates make it to the final interview. For the final interview, employers usually invite individuals who performed well in previous interviews.
How can I pass a bank interview? ›The best way to prepare for a banking interview is to create and practice answers for the questions you feel you are most likely to face. These sample questions provide an example of how to reason through the purpose of each question, then craft a compelling response.
What is the dress code for TD Bank? ›TD Bank has a dress code that includes wearing business casual attire, such as dress slacks or khakis, dress shirts, ties, and dress shoes.
What are the 7 commonly asked interview questions? ›- Where do you see yourself in five years time? ...
- What are your strengths/weaknesses? ...
- Why should I hire you? ...
- Tell me about yourself/your work experience. ...
- Why do you want this job? ...
- What are your salary expectations? ...
- Why are you the right fit to succeed in this role?
Your skills and qualifications. If you can prove that you've got all the skills that the company is looking for in a candidate, you'll have effectively answered the question. Your passion and motivation. You can highlight how good of a company fit you'd be and how much you love working in your field or industry.
How should I answer why should I hire you? ›- Show that you have skills and experience to do the job and deliver great results. ...
- Highlight that you'll fit in and be a great addition to the team. ...
- Describe how hiring you will make their life easier and help them achieve more.
You should hire me because I have the qualifications, experience, and attitude to contribute to your company. I am a quick learner, adaptable, and possess excellent communication and problem-solving skills. Furthermore, I am passionate about this field and eager to contribute to your team's success.
How much does TD corporate banking pay? ›The typical TD Commercial Banking Associate salary is $66,797 per year. Commercial Banking Associate salaries at TD can range from $60,000 - $87,021 per year. This estimate is based upon 36 TD Commercial Banking Associate salary report(s) provided by employees or estimated based upon statistical methods.
How much does a L10 at TD make? ›TD bank L10 Software Engineer Salary | $96K-$148K+ | Levels.
How much do TD Bank interns get paid? ›
Average TD Bank Intern hourly pay in the United States is approximately $20.15, which is 16% above the national average.
How much does TD bank match 401k? ›Retirement Plans
A competitive defined contribution pension plan with an annual fixed employer contribution of 3% (increasing to 4% for 10+ years of service), plus TD matches employee contributions up to a maximum of 5% of pay.
Unlimited paid time off (PTO) is a structure in which employees are not assigned a set number of paid days off at the start of the year. Instead, employees are provided with the freedom to take time off when needed as long as doing so will not disrupt business.
What benefits does TD bank offer employees? ›Total Rewards. We offer a comprehensive Total Rewards package designed to support your physical, financial and mental well-being. To support you financially, we offer competitive compensation, pension, retirement savings, employee share ownership plan, employee banking benefits and discounts.
What is the new hire bonus for TD bank? ›All eligible employees, which include both part-time and full-time employees who are working onsite in TD stores and other required locations, will receive a one-time award of up to $1,000. Eligible employees will also receive up to two additional paid personal days for work during the same period.
Does TD bank give raises? ›Yes, all employees at TD get a yearly raise based on performance in their job.
How often do TD bank employees get paid? ›Depending on the pay period when you start work, between 2 to 3 weeks. A week in the whole like any other job. TD doesn't hold your paycheck. You get paid Bi-weekly so you may need to wait three weeks in some cases.
How much does a credit analyst make at TD Bank NYC? ›The estimated average pay for Credit Analyst at this company in New York is $61,324 per year, which meets the national average.
What does a senior credit analyst do? ›The Senior Credit Analyst will review creditworthiness of individuals or businesses, particularly for more complex and sophisticated transactions, to determine the risk involved in lending money or extending credit.
What is the salary of senior credit analyst in Goldman Sachs? ›Average Goldman Sachs Senior Analyst yearly pay in Utah is approximately $67,038, which is 23% below the national average.
Is credit risk analyst a stressful job? ›
Being a credit analyst can be a stressful job. It means you decide whether a person or a company can make a purchase, and at what interest rate. It's a big responsibility and should not be taken lightly.
What is the highest paid risk analyst? ›Highest salary that a Risk Analyst can earn is ₹17.0 Lakhs per year (₹1.4L per month).
Is credit risk analyst a good career? ›Credit risk analyst positions can be fairly lucrative. The average annual compensation for a credit risk analyst is about $82,000. Since credit risk analysis includes so many different positions, it's helpful to keep in mind that this number is an average. Some positions will pay more, while some will pay less.
Where do credit analysts make the most money? ›Location, education, and experience impacts how much a credit analyst can expect to make. Credit analysts make the most in New York, Delaware, Massachusetts, Connecticut, and New Hampshire. Research Summary. The average salary for a credit analyst is $61,422 in the US.
How much does wealth ops analyst at TD make? ›Average TD Operations Analyst yearly pay in Canada is approximately $60,835, which is 10% above the national average.
What skills do you need to be a senior credit analyst? ›What are the most important Senior Credit Analyst job skills to have on my resume? The most common important skills required by employers are Mitigation, Economics, Proactive, Analysis, Documentation, Portfolio Management and Compliance.
What is above a senior analyst? ›A senior analyst in the securities industry often moves up to become a portfolio manager or a fund manager overseeing a team of senior analysts. There may also be an opportunity to enter a senior management role.
What makes a senior analyst? ›Strong project management, ability to successfully manage multiple tasks at any given point, strong relationship building skills & communication skills. Understanding of Indices, fundamentals and analytical data, returns level data etc. Data analysis – Must have proficiency with SQL, Microsoft Excel.
What is the highest senior analyst salary? ›Senior Analyst salary in India ranges between ₹ 3.0 Lakhs to ₹ 16.0 Lakhs with an average annual salary of ₹ 6.0 Lakhs. Salary estimates are based on 69k latest salaries received from Senior Analysts.
What is the salary level of a VP at Goldman Sachs? ›Average Goldman Sachs Vice President yearly pay in the United States is approximately $145,233, which meets the national average. Salary information comes from 720 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months.