Work Location:
Singapore, Singapore
Hours:
40
Line of Business:
Risk Management
Pay Details:
We're committed to providing fair and equitable compensation to all our colleagues. As a candidate, we encourage you to have an open dialogue with a member of our HR Team and ask compensation related questions, including pay details for this role.
Job Description:
Job Role/Responsibilities
The defining accountabilities of the role are:
- to provide oversight of market risk, ensuring all significant market risks and results are appropriately and accurately quantified and made transparent to the Senior Management;
- to develop and maintain market risk and valuation policies, with limits that are respected and consistent with approved business strategy and TD Securities' risk appetite;
Want more jobs like this?
Get jobs in Singapore delivered to your inbox every week.
- to pro-actively contribute to an effective and respected team;
- to remain informed of regional regulatory change, industry standards and market developments and ensure that market risk oversight and policy frameworks remain current and effective.
Specific responsibilities include:
- Provide effective market risk and valuation oversight of the global TD Securities International Fixed Income, Equity Derivatives, Money Markets trading desks and local investment books operating within Singapore.
- Develop an informed independent view of current market conditions, the market risk of the desk's positions and valuation parameters of the portfolio.
- Interact fluidly with the Front Office, including business heads and senior traders regarding trading strategies, market conditions, risk positions, liquidity, profit and loss and new initiatives.
- Develop market risk and valuation policies for the International Fixed Income businesses and determine stress tests and scenarios that highlight key market risks.
- Understand business strategies and provide an independent perspective on the market risk implications of strategic business decisions/reviews. Ensure that strategies are consistent with TD Securities' market risk appetite.
- Analyze new product requests to ensure that market risks and valuation are well understood, and that appropriate market risk limits and controls are established
- Effectively communicate risk issues to all levels of the Risk Management organization, other control groups, the front office and Senior Management.
- Build talent and develop the team's skills and capabilities to achieve the team's goals and deliver business results
- Provide analytical expertise or all trading market risk related activities, providing effective challenge while supporting business growth within TD Securities' risk appetite
- Maintain thorough understanding of all key risk and risk-related issues through continual review of risk reports/related data and dialogue with relevant parties. Ensure that all risks are transparent to Risk Management, Business Leaders and Senior Management
- Develop a thorough understanding of key factors contributing to profitability, through continual review of P&L attribution. Provide weekly dashboard commentary and performance analysis with commentary linking performance to specific trading strategies, positions, market conditions and underlying risks
- Ensure all businesses have an appropriate policy for robust, independent valuations, and ensure ongoing suitability as market conditions, business strategies and portfolio composition change
Job Requirements
- Capital markets knowledge with experience in market risk and control functions.
- Undergraduate or graduate degree in Finance, Economics, Mathematics, or other relevant discipline.
- Advanced critical thinking, analytical and problem-solving skills.
- Pro-active and motivate approach to work with strong individual development objectives
- Strong communication skills with the ability to build relationships with cross functional teams, colleagues, partners, and stakeholders at multiple levels
- Robust organizational skills with the ability to work in a demanding environment and handle multiple deadlines and priorities
#LI-DNI
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 investment we make in our colleagues to help them, and their families achieve their well-being goals. Total Rewards at TD includes a base salary and several other key plans such as health and well-being benefits, including medical coverage, paid time off, career development, and reward and recognition programs.
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.
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
If you require an accommodation for the recruitment / interview process (including alternate formats of materials, or accessible meeting rooms or other accommodation), please let us know and we will work with you to meet your needs.