Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

TD General

Pay Details:

$76,800 - $115,200 CAD

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:

Department Overview

The Capital Markets Risk Management (CMRM) area is part of the TD Bank Corporate Risk Management function. Our teams are accountable for the generation and monitoring of an independent view of the Profit and Loss, Market Risk, Counterparty Credit Risk, Collateral and Valuation activities of The Bank's global trading activities. We support trading and non-trading business initiatives, inform an array of risk management decisions, and facilitate business through managing evolving front office needs, while ensuring appropriate capture and control of risk.
Within CMRM, the Counterparty Credit Risk (CCR) team is responsible for a number of activities related to the quantitative analysis of credit risk, policy implementations, and exception management across a number of trading and non-trading businesses within TD Bank Group.

Job Description

A Senior Analyst within the Credit Exceptions team will primarily be focused on analysis, reporting, and monitoring of risk exposures ensuring that they are in accordance with established counterparty credit limits. The incumbent is expected to execute on infrastructure changes with regards to new or revised policies or credit facilities.

The role will involve close partnership and interaction with a wide range of areas, including credit risk management, global counterparty credit, market risk control, model development, front office, audit, and change delivery. As a result, the successful candidate will be required to possess strong communication skills.

The Senior Analyst, Credit Exceptions team would be accountable for the following core responsibilities, but are not limited to:

• Generate accurate and complete processes to measure and report on exposures ensuring that all reports are submitted as per guidelines.
• Ensure risks within portfolios covered are correctly measured, aggregated, and analyzed; all excesses are investigated and escalated in accordance with established and approved CAIRO counterparty limits.
• Provide analysis, reporting and monitoring of risk exposures and adhere to internal standards with regards to violations and the escalation of production issues.
• Ensure that all late or missing reports and related process metrics are recorded, documented and explained appropriately.
• Propose, schedule, plan and champion projects to improve efficiencies in order to provide more effective business support.
• Execute infrastructure changes with regards to implementation of new or revised policies or processes.
• Ensure internal control processes are adequate and documented appropriately as per the governance standards including establishing appropriate review and assessment of the quality of outputs based on business standards.
• Manage operational risk (e.g., cross-training, documentation, and audit).
• Liaise closely with the Bank's front office traders, Credit Risk Management (CRM), Global Counterparty Credit (GCC), audit, technology groups, and other stakeholders to assist in meeting the Bank's objectives.
• Perform ad-hoc analyses of specific metrics/exposures/transactions as required by management and stakeholders.
• Maintain a good understanding of the analytical principles underlying the risk management of financial derivatives, including issues that arise regarding financial modeling of products for risk purposes
• Investigate and analyze the results across respective business areas of the IHC
• Complete monthly reconciliation to ensure accuracy of risk captured

In addition, the Senior Analyst is expected to:

• Establish an environment that promotes respect for individual employee and adheres to the policies and guidelines of the Bank.
• Provide leadership, direction, advice and guidance to the team, to consistently maintain high levels of integrity, motivation and morale. This should encompass all aspects of people development including appropriate mentoring, coaching, and ongoing evaluation of staff performance and leadership skills.
• Initiate actions to further improve your own and the team's skills and performance by continuously looking for opportunities for professional development.
• Demonstrate TD's Leadership Profile in all professional and personal activities
• Create and maintain an environment conducive to the timely identification and escalation of issues
• Managing relationships with other areas including sharing knowledge and identifying opportunities to leverage complementary skills.

Job Requirements

• Strong knowledge of financial products, and counterparty credit risk.
• Experience with Working with complex systems.
• Experience with performing impact assessments, drafting requirements, and performing testing for projects.
• Self-starter with a high degree of initiative and the ability to learn and adapt quickly
• Strong analytical skills and attention to detail
• Strong organizational, follow-up and priority-setting skills to handle multiple tasks/projects
• Self-motivated, well organized, able to work both independently and in a team environment
• Strong interpersonal skills are required, as the candidate will be called upon to demonstrate leadership in the team
• Excellent verbal and written communication skills
• Candidates with experience in Risk Management roles will be favourably positioned
• Technical skills (Excel/SQL/VBA/Python etc) will also be viewed favourably.

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