Manager, Market Risk Measurement & Analytics, Partner Projects

Toronto, ON, Canada

Job Description


TD Description

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Department Overview

The Treasury and Balance Sheet Management (TBSM) department of TD Bank is responsible for overseeing the management of TD Bank\'s Canadian and US P&C: non-trading market risk, consolidated liquidity risk and consolidated capital position.

Culture: TBSM prides itself on fostering a culture which focuses on development, open mindedness, sharing team successes, partnerships & value add initiatives. Emphasis is especially placed on developing our people by fostering a teaching culture & valuing diversity.

  • The Balance Sheet Measurement and Projects team [BSMP] is a centralized function in TBSM responsible for completing all measurement activities relating to Non-Trading Market Risk (NTMR) and Funds Transfer Pricing (FTP). The mandate includes:
  • Ensuring the accuracy, completeness and timeliness of all measurement activity contributing to the reporting from the Balance Sheet Management group. As a centralized function in TBSM, the team is responsible for driving measurement activities that provide insights on the Bank\'s Segment reporting NII and NIM results and Non-Trading Market Risk Positions
  • Ensure accuracy, completeness and timeliness of measurement activity that contributes to the reporting to our front office traders, Finance partners, Product Partners, Risk Management, Board, Financial Disclosures and Regulators.
  • Building a best-in-class measurement & analytics infrastructure and oversight of the Non-Trading Books and Funds Transfer Pricing processes.
  • Putting in place best-in-class governance processes to ensure accuracy of results.
  • Ensuring all project work that impacts the broader Balance Sheet Measurement and Analytics team [BSMA] are executed in a timely manner with effective management of resources across partner projects, internal TBSM projects and major implementations.
  • Develop and foster relationships with stakeholders across the bank, including other Finance functions, 2nd line and 3rd line risk functions.
  • Effectively communicating our results, insights, and project delivery impacts to our stakeholders.
Job Requirements
  • Post-secondary degree
  • MBA, CFA, PMP considered assets
Familiarity with:
  • Principles of asset/liability management, capital markets, and how Treasury deliver value
  • Superior understanding of capital market instruments including bond and interest rate derivatives.
  • Superior understanding of risk measurement and valuation concepts (cash flow, PV, IRR, duration, convexity, etc.).
  • TBSM processes and how they interconnect considered an asset
  • The features and characteristics of retail banking products
  • Market Risk concepts and their application to banking products
Experience with:
  • Coordinating cross functional teams to deliver key initiatives
  • Managing projects, gathering & analyzing business requirements and explaining requirements to system developers
  • Mapping-out/re-engineering processes and workflows, including associated change management
  • Communicating with all levels of the organization, including senior management
  • Simplifying complex concepts and business results in terms understandable by audiences with varied backgrounds & seniority levels
Competencies and Personal Qualities:
  • Excellent interpersonal and communication skills
  • Self-starter with a proven ability to meet deadlines, own initiatives, and work effectively under minimum supervision.
  • Strong conceptual, analytical, and problem-solving capabilities. An ideal candidate is self-driven individual with a strong sense of curiosity, able to assess potential drivers and resolutions when issues rise.
  • Able to multitask while maintaining attention to detail with tight timelines.
  • Quick to learn and apply new concepts
  • Demonstrated strong critical thinking, problem solving and analytical abilities
  • Approach responsibilities with diligence and initiative, taking ownership of issues to ensure successful outcomes, able to work independently with minimal supervision
  • Exceptional organizational skills with an ability to prioritize and manage competing initiatives
  • Challenge the status quo and exhibit a forward-looking mindset to identify enhancement opportunities that are efficient and scalable
Hours

37.5



The Manager, Market Risk Measurement, Change Control will be the business subject matter expert [SME] supporting the platform change control process The Manager will work extensively with other TBSM functions, project, technology and 2nd line teams.

Key Responsibilities of this position include:
  • Support in the implementation of the enhanced change control process
  • Once implemented, ensure both BAU & Project changes adhere to the standards
  • Liase with Model Development and Model Validation partners to maintain an inventory and address any items requiring remediation
  • Act as the MRMA point of contact internally during projects to help assess change control categories and governance steps required
  • Provide updates on status of model related items requiring business support and implementations and present to all levels of the organization including senior management
#LI-Hybrid

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 work with you to meet your needs.

Business Line

Other

Job Category - Primary

Finance / Accounting

Job Category(s)

Finance / Accounting

Job Family

Business Application Ownership Management

Time Type

Full Time

Employment Type

Regular

TD Bank

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Job Detail

  • Job Id
    JD2168265
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Toronto, ON, Canada
  • Education
    Not mentioned