Work Location:
Toronto, Ontario, CanadaHours:
37.5Line of Business:
Risk ManagementPay Details:
$65,600 - $98,400 CADTD 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.
Job Description:
Department Overview :
The Market Risk team is responsible for an independent oversight of enterprise wide market, counterparty credit and liquidity risk. This team ensures all significant risks and results are measured and reported. Our professionals thrive in providing guidance to business leaders on risk positions, strategies and capital by assessing and reporting the Bank's trading and non-trading market risk activity and associated capital requirements. If you want to be a brand ambassador who can help strive efficiencies for the bank, then join our team and make an impactful contribution to TD and your own success.
Job Description :
Can you provide a broad range of market risk analysis, reporting, monitoring and support to business partners? If yes, then the position of Market Risk Analyst will be a good fit for you. In this role, you will be a specialist for a range of market risk related matters. You will be supporting and providing oversight, commentary, and strategy analysis in connection to team and individual initiatives. In addition, you will:
· Maintain a culture of risk management and control, supported by effective processes in alignment with enterprise policies, frameworks, and TD's risk appetite
· Develop and operationalize standards, policies and processes to identify, report and mitigate overall risk exposures within the business
· Develop and maintain knowledge of existing and emerging risks across the business
· Conduct reporting and analysis at the functional or enterprise level using results to draw conclusions and make recommendations on programs, policies and practices
· Integrate the broader organizational context into advice and solutions
· Understand the industry, competition and the factors that differentiate the organization
· Motivate and develop relationships with internal and external business partners
· Encourage a positive work environment that promotes service to the business, knowledge of the business, quality, innovation and teamwork
· Validate daily risk, VaR, Stressed VaR and Backtesting exposures are captured, aggregated and reported with completeness and accuracy in accordance to existing market risk policies
· Continuously reinforce business knowledge such as trading strategies and analytical principles underlying the pricing and risk management of financial derivatives
· Compare day over day Risk metrics & VaR results against existing risk metrics. Also, perform analysis to provide periodic commentary for various Risk Management audiences
· Create new tools to enhance existing daily production experiences using Python and/or other programming languages
Job Requirements :
· Undergraduate degree or technical certificate and/or over 2-3 years of related experience
· In-depth knowledge or risk processes and methodologies
· Excellent analytical, judgement and decision-making skills in assessing and handling risk
· A dynamic professional with a positive approach and strong communication skills to liaise with cross functional teams and colleagues to achieve medium to long term goals
· Robust organizational skills, with the ability to work in a demanding environment and handle multiple deadlines and priorities
· Knowledge in data processing techniques (VBA and Python) is an asset as to continuously improve the risk management infrastructure
· Pursuit or completion of CFA/FRM is an asset
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
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.
Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.
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 (Quebec only):
Sans Objet