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TD Bank Capital Markets Risk Management, Analyst in Toronto, Ontario

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

Risk Management

Pay Details:

We’re committed to providing fair and equitable compensation to all our colleagues. As a candidate, we encourage you to have an open dialogue with a member of our HR Team and ask compensation related questions, including pay details for this role.

Job Description:

Department Overview

For TD Bank to grow profitably, it must selectively take and manage risks. TD recognizes that a strong risk culture and approach to risk management is fundamental to our success.

Capital Markets Risk Management ("CMRM") is accountable for supporting TD Securities ("TDS") and Treasury & Balance Sheet Management ("TBSM") business objectives in accordance with TD’s risk appetite and regulatory expectations. CMRM provides independent oversight of enterprise-wide market, counterparty credit and liquidity risks; ensuring all significant risks are appropriately measured, reported, analyzed and transparent. CMRM is a global business with offices in Toronto, Calgary, New York, Singapore, Dublin, and London.

At CMRM, we know that our people are our greatest asset, and we support and develop them by fostering respect, inclusion and diversity; embracing innovation; empowering individuals; encouraging collaboration; providing ongoing coaching; and promoting continuous learning.

You will be part of a high performing team of risk professionals, where you will have the opportunity to broaden and deepen your understanding of risk disciplines and make an impact.

The Opportunity

If you possess a strong understanding of Capital Markets, are interested in financial instruments, and have an aptitude for handling data with an attention to detail, you could be the right candidate for Capital Markets Risk Management!

In this role as an Analyst, you will have the opportunity to collaborate and maintain key relationships with several business partners including the Front Office, Market Risk Control, Enterprise Non-Trading Market Risk, Model Development, Technology, Product Control, and other business groups within CMRM (Market Risk Monitoring, Value-at-Risk and Stress Testing, Governance & Analytics, Counterparty Credit, Liquidity). You will play a meaningful role in ensuring the integrity and quality of data by generating independent, accurate, and timely reporting of Market Risk measures, Independent Price Verification/Valuation Adjustments, and/or Stress Testing from TD's non-trading activity.

What You'll Do

  • Support the risk appetite of the bank by independently identifying, measuring, analyzing and monitoring of Market Risk measures, IPV/VA, and/or Stress Testing. Ensure all analysis is complete and accurate with thorough commentary, while escalating issues in a timely manner.

  • Be proactive with change management objectives by continuous improvement of independent processes, while ensuring day-to-day operations are maintained, to effectively support the business.

  • Execute infrastructure changes with regards to implementation of new, or revised Risk policy changes and ensure that changes are executed in accordance with CMRM change control procedures and EUC standards.

  • Ensure operational and regulatory risks within your business are correctly measured, aggregated, and analyzed in accordance with established and approved market risk policies, while adhering to CMRM process risk and control standards.

  • Support in identifying innovative opportunities and help drive these initiatives.

  • Evolve analytical and attribution capabilities and business knowledge, and develop skills required for today and future, while understanding, identifying, and responding proactively to current and emerging risks.

  • Collaborate and liaise closely with our business partners to assist in meeting the Bank’s objectives.

  • Develop and maintain a good understanding of the analytical principles underlying the pricing and risk management of financial derivatives, including issues that arise regarding financial modeling of products for Risk and Valuations.

  • Continuously develop a deep understanding of the business, while being proactive in knowledge distribution and cross-training activities.

  • Work alongside management during the recruitment process. Help identify high caliber candidates that will integrate successfully within the team.

What You'll Need

  • Undergraduate or graduate degree in Risk Management, Business, Economics, Mathematics, Finance, (Engineering, Physics, Computer Science) or other quantitative disciplines.

  • Pursuit or completion of CFA/FRM is an asset.

  • Knowledge of financial instruments, regulations, and market risk metrics, gained through academic study, or practical experience.

  • Proficient with Microsoft applications.

  • Programming skillsets such as VBA, Python, SQL is an asset to develop, modify and continually improve the risk management infrastructure used to capture and analyze risk.

  • Good understanding of risk management, governance compliance and controls practices.

  • Ability to work in a fast-paced environment and manage multiple deadlines and priorities.

  • Strong quantitative, analytic, and problem-solving skills.

  • Ability to understand the impact of economic and market events on trading PnL and Risk.

  • Independent thinker who takes initiative to capitalize on opportunities and achieve efficiencies.

  • Strong ability to work cross-functionally, handle ambiguities, and deliver on tight deadlines.

  • Excellent written and verbal communication skills.

  • Self-motivated, well organized, and brings a positive attitude.

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, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues.

TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you’ve got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we’re here to support you towards your goals. As an organization, we keep growing – and so will you.

Our Total Rewards Package

Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical, and mental well-being goals. Total Rewards at TD includes a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. Learn more (http://www.td.com/ca/en/about-td/who-we-are/benefits-of-working-at-td)

Additional Information:

We’re delighted that you’re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive both at work and at home.

Colleague Development

If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD – and we’re committed to helping you identify opportunities that support your goals.

Training & Onboarding

We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.

Interview Process

We’ll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

Accommodation

Your accessibility is important to us. Please let us know if you’d like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.

We look forward to hearing from you!

Language Requirement:

N/A.

Federal law prohibits job discrimination based on race, color, sex, sexual orientation, gender identity, national origin, religion, age, equal pay, disability and genetic information.

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