Work Location:
Toronto, Ontario, CanadaHours:
37.5Line of Business:
TD GeneralPay Details:
$76,800 - $115,200 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:
Job Description
Reporting to the Group Manager, Counterparty Credit Risk(CCR), this position plays a key role in the establishment and rollout of credit analytics across The Bank. The successful candidate will:
• Build a detailed understanding of the various derivative and financing businesses which CCR supports.
• Provide ad-hoc support to Front Office and Credit Management to facilitate trading of existing and new products.
• Review daily counterparty credit risk exposures and investigate any credit anomalies.
• Perform daily analysis of potential future exposure and various capital measures.
• Provide credit related subject matter expertise for a high number of ongoing strategic initiatives with the Firm.
• Provide ad-hoc data mining and risk reporting when required in support of internal or external requests.
• Perform assessment and monitoring of Counterparty Credit Wrong Way Risk in accordance to the bank's risk appetite and credit policies.
• Highlight key risks in specific business lines and in the firm as a whole, and provide ongoing commentary on stress results.
• Work closely with the Trading desk, Technology, Finance, Model Development and Credit Management providing expert knowledge and support to ongoing credit risk analytics.
• Act as a subject matter expert for Counterparty Credit Risk Systems.
• Maintain an understanding of regulatory landscape related to risk reporting and capital measures.
• Assist in quantitative aspects of TD risk policies involving credit exposures to counterparties.
• Maintain thorough understanding of all key risk and risk-related issues through continual review of risk reports/related data and dialogue with relevant parties.
• Provide assistance to Technology Solutions in model implementation.
• Continuously enhance the methodologies implemented in TDBFG risk.
Job Requirements
• 2-5 years prior capital markets work experience primarily focused on counterparty credit risk is required.
• Strong quantitative background and experience producing analytical reports.
• Knowledge in data processing techniques and their application to management control information systems.
• Knowledge of Basel III, FINRA 4210, and emerging regulations.
• Proficient in MS Excel.
• Ability to prioritize multiple tasks and deliver results in a fast-paced environment
• Self-motivated with a positive attitude.
• Degree specializing in finance, risk management, or other quantitative discipline.
• CFA FRM candidates preferred.
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