Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

TD Wealth

Pay Details:

$80,000 - $100,000 CADThis role is eligible for a discretionary variable compensation award that considers business and individual performance.

TD 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:

TD Asset Management (TDAM), a member of TD Bank Financial Group, is a leading North American investment manager offering progressive investment solutions to both institutional and individual investors. For over two decades, the organization has established competitive market positions in active, quantitative, and passive portfolio management. As of December 31, 2024 TDAM and its affiliates manage over $459 billion in assets on behalf of pension, insurance, endowment/foundation, and corporate clients, as well as high-net worth clients and retail mutual funds.

In attaining this client commitment, TDAM has built one of Canada's largest and most respected investment management and research teams with more than 220 Portfolio Managers, Associate Portfolio Managers, Traders and Analysts.

The primary role of the Associate, Market Risk, is to support TDAM's risk management culture of personal accountability and the integrity of the investment management discipline. To achieve this, the Associate will be required to be the risk expert and partner with all areas of the business in helping them understand and address their risk exposures.
Position will report directly to the VP&D, Market Risk, and will be support the identification of emerging risks and assist in defining the risk frameworks covering the Market Risk team's oversight responsibilities. The Market Risk team is building out enhanced monitoring, oversight, and policies to assess risks such as valuation, credit, liquidity, and counterparty risk. The team is focused on the alternative assets and private debt mandates while interacting with many other TDAM teams.

The incumbent will be required to work independently, demonstrated analytical and communication skills.

Specific Accountabilities:

• Valuation oversight for TDAM mandates, including creation of challenger models, writing Model Development Reports and daily oversight of 3rd party valuations.
• Model governance ownership and oversight, collaborating with model developers, TD Wealth model governance and model validation teams.
• Recommend pricing methodologies across all asset classes.
• Support the enhancement of the TDAM liquidity framework.
• Support Private Debt funds with price reconciliations, performance attribution and securities modeling.
• Participate in cross-functional - wealth initiatives as a subject matter expert helping to identify risk / provide guidance for complex situations.
• Dashboard reporting and policy limit monitoring.

• Keep abreast of emerging issues, trends, and evolving regulatory and business requirements and assess potential impacts.

• Support Ad-Hoc initiatives

Job Requirements

Qualifications/Skills/Experience:

• Experience within risk management; 3+ years
• Significant knowledge of OTC derivative valuation; Model development
• Strong quantitative skill set with applied knowledge of quantitative/statistical techniques used in risk management and valuations
• Knowledge of the Bank's model risk governance framework
• Knowledge of derivatives and private asset valuation techniques
• Functional knowledge of VBA / Python
• Strong presentation, and communication skills
• Knowledge of Confluence is an asset
• Collaborative working style and the ability work in an environment with competing priorities.

Specific Educational Requirements/Accreditations:

• Bachelor's Degree, preferably in business, finance, engineering, or computing science
• An industry designation, such as a CFA and/or MBA and/or Master's Degree is an asset
• Experience in the investment management business or capital markets

**Please note employees will be going to the office 4 days starting March 2025**

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