TD Bank hiring 2,000 new technology employees amid growing demand for skilled workers

TORONTO - TD Financial institution Group says it plans to rent greater than 2,000 folks to fill new expertise roles this yr because it pushes additional into areas like synthetic intelligence and cloud-based operations.

The financial institution says the brand new positions will concentrate on applied sciences and processes to drive investments and energy “the way forward for banking.”

The hiring plans mark a bounce from final yr when it says it employed about 300 into expertise roles, whereas total the financial institution says the wave of hiring will enhance its tech-focused worker base by some 15 to twenty per cent.

TD’s hiring plans come amid an industry-wide concentrate on attracting and retaining expertise expertise.

“We're in a world the place there’s a warfare for expertise,” stated Rizwan Khalfan, chief digital and funds officer at TD Financial institution Group.

The financial institution says attracting expert employees is essential to the corporate’s expertise transformation and improvement of recent capabilities, together with engineering, automation instruments, synthetic intelligence, cloud expertise, and advancing cybersecurity defences.

Greg Keeley, senior government vice-president of platforms and expertise at TD, says the pandemic has accelerated the combination of expertise into the financial institution’s companies.

He says rising the financial institution’s pool of expert tech expertise is essential to its total technique, together with the acceleration of its cloud-based applied sciences to extend the velocity of delivering new digital services and products to clients.

On Wednesday the financial institution additionally introduced it was ramping up its partnership with Microsoft’s Azure cloud with plans to determine a broader database on the platform.

TD says it’s centered on hiring workers with expertise in software program improvement, IT operations, machine studying and automation.

This report by The Canadian Press was first printed Jan. 26, 2022.

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