Market Risk Analyst (5411)
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Job Summary
Work Location:
Toronto Ontario CanadaHours:
37.5Line of Business:
Risk ManagementPay Details:
$69700 - $98400 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 candidates 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
Market Risk (MR) is responsible for managing the ever-changing and dynamic world of trading and non-trading market risk counterparty credit margin management and liquidity MR we are accountable for supporting TD Securities and TBSM business objectives in accordance with TDs risk appetite and regulatory expectations. MR provides independent oversight of enterprise-wide market counterparty credit and liquidity risks; ensuring all significant risks are appropriately measured reported analyzed and transparent.
Position Overview
We are seeking an experienced and skilled Market Risk Analyst to join our dynamic Market Risk Management team. The successful candidate will play a pivotal role in assessing analyzing and managing market risks across various asset classes. This individual will provide critical insights to senior management helping shape strategic decisions and ensuring the firm is well-positioned to manage market volatility and financial risks effectively.
Key Responsibilities:
Risk Measurement
Measure Market Risk consumption through the production validation and distribution of periodic market risk reports across credit strategies ensuring timeliness accuracy and completeness.
Monitor key risk metrics including VaR stress testing sensitivities concentration exposures and limit utilization escalating exceptions and anomalies as appropriate.
Investigate and resolve risk reporting discrepancies data quality issues and production breaks in collaboration with technology and market data team.
Maintain production procedures and operational controls supporting market risk reporting processes.
Risk Analytics & Market Monitoring
Analyze portfolio risk exposures profit and loss attributions and changes in risk sensitivities resulting from market movements and trading activities.
Monitor financial markets and provide concise commentary on significant developments across credit rates equities and other relevant asset classes.
Support stress testing scenario analyses and ad hoc risk investigations to assess potential impacts from changing market conditions.
Develop an understanding of trading strategies valuation methodologies and risk characteristics of financial products and derivatives.
Continuously build knowledge of existing and emerging market risks regulatory developments and industry trends.
Collaboration & Strategy
Work closely with the Front Office Product Control and finance teams to identify and explain market risks within portfolios.
Collaborate with technology and risk infrastructure teams to identify prioritize test and implement enhancements to market risk platforms data feeds reporting tools and production processes.
Qualifications
Education: Bachelors degree in Finance Economics Mathematics Engineering or a related field. A Masters degree or professional certifications (e.g. FRM CFA) is preferred.
Experience:
Experience in risk analytics portfolio management and financial modeling.
Proven track record of working with financial instruments and derivatives.
Skills:
Proficiency in risk management tools coding and software is nice to have (e.g. AI Python Bloomberg Tableau Microsoft Excel etc.).
Expertise in quantitative analysis statistics financial modeling and advanced Excel skills.
Strong understanding of risk metrics such as VaR stress testing and scenario analysis.
Familiarity with financial regulations including Basel III and Dodd-Frank.
Excellent communication (both written and spoken) and presentation skills with the ability to translate complex technical information for various stakeholders.
Personal Attributes:
Strong analytical thinking and problem-solving abilities.
Attention to detail and ability to work under pressure in a fast-paced environment.
Ability to collaborate with cross-functional teams and influence decision-making.
Ability to demonstrate accountability independence and taking initiatives
Why Join Us
Opportunity to work in a collaborative and high-impact environment.
Exposure to a wide range of financial products and market dynamics.
Competitive compensation and benefits package.
Professional development opportunities in risk management and financial markets.
Who We Are:
TD is one of the worlds leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day we strive to make every interaction product and experience remarkably human and refreshingly simple for over 27 million households and businesses in Canada the United States and around the world. More than 95000 TD colleagues bring their skills talent and creativity to foster deeper relationships ensure disciplined execution and build a simpler faster banking experience. TD is deeply committed to being a leader in client experience that is why we believe that all colleagues no matter where they work are client facing. Together we are reimagining what banking can be for our clients colleagues and communities.
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:
Were delighted that youre considering building a career with TD. Through regular development conversations training programs and a competitive benefits plan were 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 youre interested in a specific career path or are looking to build certain skills we want to help you succeed. Youll 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.
If youre passionate about helping clients and building deep lasting relationships TD offers diverse career paths where you can grow your expertise and make a meaningful impact.
Were committed to your success and foster a respectful workplace where diverse perspectives are valued everyone has fair opportunities to grow and you can unlock your full potential to achieve your career goals. Here at TD we hire and develop the best.
Training & Onboarding
We will provide training and onboarding sessions to ensure that youve got everything you need to succeed in your new role.
Interview Process
Well 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 youd 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 ObjetRequired Experience:
IC
