TD Flashcards
Tell me about yourself
Ubc
- internal director sisa
- ta
badger
- worked closely with FPA team
- budgeting
- ad hoc reports (pulled from Oracle)
dsw
- people skills
- promoted to full time cashier due to this
Free time: gym, movies
Why TD?
- second largest bank in Canada
- what this tells me is that TD excels in adapting to a fast paced industry
- aligns with core principles of offering proven business model, being purpose driven and forward focused
- values align with my own
- *EXAMPLE
Why risk analysis?
- Strong analytical and problem-solving skills
- Enjoy analyzing risk, conservative person
- like figuring out every possibility before determine correct path
- *EXAMPLE
What do you find interesting about the finance industry right now
- emergence of technology/ai, how this is shaping various industries
- in tech, you see major companies almost drop everything they are doing and investing in technology
- apple stopped production of apple car which has been going on for years and billions of dollars for tech
- you see how finance is being shaped as well
- reading Wall Street jorunal, article stood out to me about how people are prefering their home town bank as opposed to some of the large ones for personal reasons
- AI has the potential to change that and give each client that personalized experience
- interesting to see where industries will go, biggest opportunity in banking since mobile banking some 20 years ago
What do you find interesting about TD’s recent news
- partnership with side drawer
- TD Ready Challenge
where do you see yourself in 5 years
- graduated
- finished CFA
- promoted from starting position
- continue outside goals such as gym, journaling
How would you describe the business of TD
- second largest bank in Canada
- what this tells me is that TD excels in adapting to a fast paced industry
- aligns with core principles of offering proven business model, being purpose driven and forward focused
- constantly revolutionized
If hired, what do you predict will be the most important hurdle to overcome in your first 90 days on the job?
- Forging relationships
- everything is a people business
- I want to paint myself as someone who is going in with an open mind and ready to learn
- will not get that by sitting back and being quiet
- have to be able to ask the right questions,
- the most important hurdle is to find out what are the right questions to ask, and who are the right people to ask them to
What are the greatest challenges the financial sector will face in the next five years
- Introduction of AI need to keep up
- already seeing this in tech sector, AI chip are rare
- apple dropping everything for AI
- in finance, the use of AI is everything
- reading article in WSJ, individuals are starting to prefer local banks for the personal experience
- AI can change that, give everybody a unique and personal experience
- who can best utilize AI in the financial sector
- those who don’t adapt will be left behind
- most times to be true, biggest challenge is often the biggest opportunity
Q1 (Just notes)
TD bank is obviously one of the largest banks in Canada, I believe it is second out of the Big 5 in Canada just being RBC. I was wondering in your opinion, how does TD stand out from these other banks in Canada, and how does the way it approaches risk contribute to that?
Q2 (Just notes)
How does TD Bank measure the effectiveness of its risk management strategies, and what KPIs does the risk analyst team track to assess performance?
Q3 (Just notes)
