Job Description

TD Description
Tell us your story. Don\'t go unnoticed. Explain why you\'re a winning candidate. Think "TD" if you crave meaningful work and embrace change like we do. We are a trusted North American leader that cares about people and inspires them to grow and move forward. Stay current and competitive. Carve out a career for yourself. Grow with us.
Department Overview
The Capital Markets Risk Management (CMRM) area is part of the TD Bank Corporate Risk Management function. Our teams are accountable for the generation and monitoring of an independent view of the Profit and Loss, Market Risk, Counterparty Credit Risk, Collateral and Valuation activities of The Bank\xe2\x80\x99s global trading activities. We support wholesale business initiatives, inform an array of risk management decisions and facilitate business through managing evolving front office needs, while ensuring appropriate capture and control of risk.

Within CMRM, the Counterparty Credit Risk (CCR) team is responsible for a number of activities related to the quantitative analysis of credit risk, policy implementations and exception management. The credit analytics team oversees the implementation of new credit models, vetting activities and analysis of the key measures used by The Bank to monitor and control credit risk. We further provide support to the front office\xe2\x80\x99s on going credit related queries. This includes \xe2\x80\x9cwhat if\xe2\x80\x9d analysis on potential trades, sensitivity and close out risk analysis and identification of risk reduction opportunities.

Reporting to the Group Manager, Counterparty Credit Risk, this position plays a key role in the establishment and rollout of credit analytics across The Bank. The successful candidate will:

• Build a detailed understanding of the various derivative and financing businesses which CMRM supports.
• Provide ad-hoc support to Front Office and Credit Management to facilitate trading of existing and new products.
• Review daily counterparty credit risk exposures and investigate any credit anomalies.
• Perform daily analysis of potential future exposure and various capital measures.
• Provide credit related subject matter expertise for a high number of ongoing strategic initiatives with the Firm.
• Provide ad-hoc data mining and risk reporting when required in support of internal or external requests.
• Perform assessment and monitoring of Counterparty Credit Wrong Way Risk in accordance to the bank\xe2\x80\x99s risk appetite and credit policies.
• Highlight key risks in specific business lines and in the firm as a whole, and provide ongoing commentary on stress results.
• Work closely with the Trading desk, Technology, Finance, Model Development and Credit Management providing expert knowledge and support to ongoing credit risk analytics.
• Act as a subject matter expert for Counterparty Credit Risk Systems.
• Maintain an understanding of regulatory landscape related to risk reporting and capital measures.
• Assist in quantitative aspects of TD risk policies involving credit exposures to counterparties.
• Maintain thorough understanding of all key risk and risk-related issues through continual review of risk reports/related data and dialogue with relevant parties.
• Provide assistance to Technology Solutions in model implementation.
• Continuously enhance the methodologies implemented in TDBFG risk.

Job Requirements

• Prior capital markets work experience primarily focused on derivatives is required.
• Self-motivated with a positive attitude.
• Degree specializing in finance, risk management, or other quantitative discipline.
• CFA candidates preferred.
• Proficient in MS Excel.
• Experience producing analytical reports.
• Knowledge in data processing techniques and their application to monitoring & control systems.
• Knowledge of Basel, Dodd-Frank and emerging regulations.
• Ability to prioritize multiple tasks and deliver results in a fast-paced environment.

#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.
Job Family
General
Job Category - Primary
Risk Management
Job Category(s)
Risk Management
Hours
37.5
Business Line
Corporate
Time Type
Full Time
Employment Type
Regular
Country
Canada
**Province/State (Primary)
Ontario
City (Primary)
Toronto
Work Location
TD Centre - TD Tower - 66 Wellington Street West
Job Expires
13-Mar-2023