Market Risk Analyst (2871)

Job Description:

Department Overview:

The Market Risk team is responsible for an independent oversight of enterprise wide market, counterparty credit and liquidity risk while ensuring 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.

Within the Market Risk - Reporting and Analysis team, we are responsible for a number of activities related to the analysis and reporting of global market risks including, Value At Risk, Stress, Top of the House Risk and various Regulatory reporting mandates such as Dodd-Frank Volcker and Stress Testing Programs. The team executes infrastructure changes with regards to the implementation of new or revised trading desk policies, system migration and model implementations, and analysis of the key measures used by The Bank to monitor and control market risk.

Reporting to the Group Manager I, the Market Risk Analyst's accountabilities include:

• Support the risk appetite of the bank by independently identifying, measuring, analyzing and monitoring Market Risk metrics including VaR, Stress and Top of the House risks. Ensure all analysis is complete and accurate with thorough commentary, while escalating issues in a timely manner.
• Maintain a culture of risk management and control, supported by effective processes in alignment with risk appetite
• Conduct analysis of daily risk position and ensure accuracy of reporting before distribution and provide high quality recommendations
• Support business with analysis and reporting on risk issues and their impact which may include scenario analysis;
• Develop and operationalize standards, policies and processes to identify, report and mitigate overall risk exposures within the business;
• 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.
• Keep abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impacts
• Actively manage relationships within and across various business lines, corporate and/or control functions and ensure alignment with enterprise
• Motivate and develop relationships with internal and external business partners / stakeholders
• 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 standards Process Risk and Controls Self-Assessments.
• Participate in personal performance management and development activities, including cross training within own team
• Act as a brand ambassador for your business area/function and the bank, both internally and/or externally
• Solves moderately complex problems by taking a new perspective on existing solutions
• Exercises judgment based on the analysis of multiple sources of information
• Conveys business context when providing guidance within field of specialty to internal or external stakeholders
• Work performed under minimal management guidance and supervision
• 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
• 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 P&L Valuations.
• 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

EXPERIENCE & EDUCATION

• Undergraduate degree and/or 3 years related experience
• Either completed or enrolled in FRM or CFA is an asset
• In-depth knowledge of risk processes and methodologies

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