Risk Management Associate II

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Hours:

Pay Details:

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 candidates skills and experience job-related knowledge geographic location and other specific business and organizational needs.

Job Description:

DEPARTMENT OVERVIEW

For TD Bank Group (TD) to remain competitive it must selectively take and manage risks. TD recognizes that a strong risk culture and approach to risk management is fundamental to our success.

The Risk Management team at TD enables the business side of the enterprise to understand risks. Our team develops the policies processes and controls required to manage said risks appropriately in line with the Banks strategy and risk appetite.

We are a global function that partners with all lines of businesses within TD touching thousands of employees in offices based in Canada United States the UK and Singapore. We also work externally with regulators and industry groups to align with industry standards and we benchmark ourselves against best practices.

JOB DESCRIPTION

About the Program

The Risk Management Associate Rotational Program is an immersive 24-month program where youll complete four 6-month rotations designed to help you step into Financial and Non-Financial Risk Management including but not limited to: credit market liquidity operational model ESG technology and data regulatory and product risk. The goal of the program is to develop leaders who can understand and apply risk knowledge to a wide range of business functions at TD.

If youre inquisitive enjoy driving change and making a difference we want you to be part of our leadership rotational program.

In this program youll rotate across Risk Management within Canada (supporting Global activities in some instances) every six months:

• Market Risk
  • In Market Risk We can accurately identify current and emerging risks in the market offering transparency to both trading and non-trading risk results. Our dynamic and global business independently oversees counterparty credit liquidity risk and the market enterprise wide. We work diligently to ensure that all results align with the Banks risk appetite leveraging business insights and market expertise to get the job done.

• Enterprise Market Risk Control
  • As a second line of defense we provide independent oversight and challenge of the Banks trading non- trading and liquidity risks. EMRC ensures all significant market and liquidity risks are appropriately governed understood analyzed and measured. We support new business initiatives by working closely with TD.
  • Securities and Treasury and Balance Sheet Management and ensuring TD remains within risk appetite.
  • EMRC includes the following teams:
    • Non-Trading Market Risk
    • Liquidity Risk
• Credit Risk
  • Credit risk is the risk of loss if a borrower or counterparty in a transaction fails to meet its agreed payment obligations. The Credit Risk team approves risk policies to all products and services that have credit risk and establishes guidelines to monitor and limit country risk industry risk and group exposure in portfolios.

• Operational Risk (including ESG Cyber and Innovation)
  • Operational Risk: works with our business partners to ensure that the operational risk that stems from people and technological processes including change are identified monitored and managed effectively.
• Model Development (MD) & Validation
  • MD is responsible for developing risk and capital models related to Trading Market Risk Credit Risk as well as Operational Risk bank wide. These models cover but are not limited to Advanced Measurement Approach for Operational Risk Credit Risk Rating models Credit Risk parameters (PD LGD UGD) Economic Capital models IFRS9 models for Credit Risk Value at Risk (VaR) and Counterparty Credit Risk models.
• Regulatory Risk
  • Providing advice and counsel on ongoing regulatory communication and emerging developments as well as new initiatives within the bank that have a regulatory impact. Monitoring emerging regulatory developments and finding common themes throughout TDs footprint and communicating these to internal stakeholders. Tracking and overseeing finding remediation to ensure timely responses and quality remediation to the Office of the Superintendent of Financial Institutions (OSFI) which includes maintenance of the Acceptance Review process. Identifying threats to TDs relationship with key Canadian and non-US regulators and ensuring strategies are in place to
• Strategic & Enterprise Risk
  • The Enterprise Risk team assesses TDs risk appetite and ensures that TD takes the right kind of risks that fit our business strategy do not expose the enterprise to any significant single loss events and do not risk harm to the TD brand.
• Strategy Business Management & Governance
  • Strategy Business Management & Governance is a central operational and governance function supporting risk management groups by guiding the development and execution of strategies standards and protocols to deliver on operational effectiveness and efficiency.

We align rotation opportunities with our business strategies to ensure you work on the most important priorities.

What Youll Do

No matter where you work at TD youll make a meaningful impact grow your skills and thrive in our culture. Heres what this means for each rotation in our program:

Make an Impact:

• Use your strong communication analytical and problem-solving skills to add value to each rotation youre assigned.
• Conduct appropriate reporting and analysis with clearly articulated results and recommendations.
• Identify potential problems that require attention and recommend appropriate actions to best manage the risks in varying situations.
• Contribute to a strong Risk culture by raising issues on strategic reputational and operational risks.
• Identify assumptions constraints dependencies and risks.

Experience Growth:

• Acquire an in-depth understanding of how theoretical risk management practices are applied to real world scenarios including traditional risks (e.g. Credit Market Trading etc.) and non-traditional risks (e.g. ESG Operational Risk Cyber Risk etc.)
• Work independently with minimal supervision to establish priorities; use your strong communication analytical and problem-solving skills to add value to each project you are assigned.
• Work directly with the manager of your rotation and Risk business groups to continually identify issues and enhance processes across the TD organization.
• Manage and escalate any exceptions as appropriate and consistent with policy.

Cultivate our Culture of Care:

• Develop strong relationships to help identify collaborative opportunities and coordinating efforts with other Risk groups.
• Work on challenging projects alongside experienced leaders while being supported by a robust team of colleagues peers and advisors.

Colleague Development

If youre interested in a specific career path or are looking to build certain skills we want to help you succeed. Receive 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 were committed to helping you identify opportunities that support your goals.

JOB REQUIREMENTS

What You Need to Succeed

Were proud to work with a group of diverse colleagues. If you have relevant experience that isnt mentioned below tell us about it in your resume or cover letter.

• Apply methods or procedures which are generally well defined and straightforward but with occasional deviations.
• Ability to work in a dynamic and evolving business environment comfortable with ambiguity and complexity.
• Provide analytical interpretative evaluative and/or constructive thinking across variable situations.
• Communicate verbally and in writing to a variety of audiences.
• Proficient with Microsoft Office products; advanced knowledge of MS Excel
• Strong business acumen problem solving skills and analytical capabilities qualitative and quantitative; can see the big picture in a complex environment.
• Well-organized; can prioritize multiple tasks and deliver results in a fast-paced environment.
• Ability to work effectively within a team with other teams and independently to meet business objectives.
• Desire to work in a caring respectful and inclusive environment where all employees are supported.

ADDITIONAL INFORMATION

Specific Educational Requirements/Accreditations:

• Graduated between May 2024 and May 2026 with a graduate degree in Business Economics Finance Mathematics Risk Statistics or related field with high academic standing.

Program Location and Start Date

This is a Toronto-based program which starts in July 2026.

Applications must include:

• Transcript
• Cover letter (one letter-sized page or less). If you are pursuing a graduate degree please include graduation month/date/year in your cover letter.
• Resume (two letter-sized pages only)
• Please ensure that your cover letter resume and transcript are included in a single PDF document when submitting your application. If not submitted correctly your application may not be reviewed or may delay recruitment.

We welcome all applications; however we will only contact qualified candidates chosen for an interview. We thank all applicants for their interest!

HOURS & WORKPLACE MODEL

Monday-Friday (standard business hours)

INCLUSIVENESS

At TD we are committed to fostering an inclusive accessible environment where all employees and customers feel valued respected and supported. We are dedicated to building a workforce that reflects the diversity of our customers and communities in which we live and serve. 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 collaborate with you to meet your needs.

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 deliver legendary customer experiences to 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 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 youve 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 were 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:
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. 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 were committed to helping you identify opportunities that support your goals.

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):