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Capital Markets Risk Management, Senior Analyst

Toronto, ON
Full Time
4 days ago
Company Overview

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Department Overview

For TD Bank to grow profitably, it must selectively take and manage risks. TD recognizes that a strong risk culture and approach to risk management is fundamental to our success.

Capital Markets Risk Management ("CMRM") is accountable for supporting TD Securities ("TDS") and Treasury & Balance Sheet Management ("TBSM") business objectives in accordance with TD's risk appetite and regulatory expectations. CMRM provides independent oversight of enterprise-wide market, counterparty credit and liquidity risks; ensuring all significant risks are appropriately measured, reported, analyzed and transparent. CMRM is a global business with offices in Toronto, Calgary, New York, Singapore, Dublin, and London.

At CMRM, we know that our people are our greatest asset, and we support and develop them by fostering respect, inclusion, and diversity; embracing innovation; empowering individuals; encouraging collaboration; providing ongoing coaching; and promoting continuous learning.

You will be part of a high performing team of risk professionals, where you will have the opportunity to broaden and deepen your understanding of risk disciplines and make an impact.

Job Description
The Opportunity

In this role as a Senior Analyst, you will have the opportunity to collaborate and maintain key relationships with several business partners including the Front Office, Market Risk Control, Model Development, Technology, Accounting, and other business groups within CMRM (Risk and Valuations, VaR and Stress Testing, Governance & Analytics, Counterparty Credit). You will also have the chance to gain deeper knowledge of the market, financial products, risk, and valuations concepts while gaining access and insights into trading business strategies, strategic initiatives, and people development.

What You'll Do
  • Support the risk appetite of the bank, by providing guidance and monitor day-to-day operations within the team regarding Market Risk, P&L (profit and loss) Attribution, Value-at Risk ("VaR"), and/or Stress Testing processes. Ensure all analysis is complete and accurate with thorough commentary, while escalating issues in a timely manner.
  • Effectively challenge, propose, and champion projects to improve efficiencies, to provide more effective business support.
  • Understand system and model changes, its results, and impacts, to our Risk, Valuations, VaR, and Stress Testing processes.
  • Take ownership and challenge process designs to deliver changes effectively and efficiently.
  • Establish appropriate review and assessment of the quality of outputs based on business standards. This includes Risk, Valuations, VaR, and Stress Testing outputs for your business. Foster an environment which allows the team to escalate matters effectively and efficiently to mitigate risk, while adhering to CMRM standards and Process Risk and Controls Self-Assessments.
  • Support in identifying innovative opportunities and help drive these initiatives.
  • Evolve analytical and attribution capabilities and business knowledge, and develop skills required for today and future, while understanding, identifying and responding proactively to current and emerging risks.
  • Collaborate with business partners which includes, sharing knowledge and identifying opportunities to leverage complementary skills. Partner with our stakeholders to drive and support change and to assist in meeting the bank's objectives.
  • Develop and maintain a good understanding of the analytical principles underlying the pricing and risk management of financial derivatives, including issues that arise regarding financial modeling of products for Risk, Valuations, VaR, and Stress Testing.
  • Help facilitate leadership, direction, advice and empowerment of the team, alongside management. Develop analysts through cross-training, indirect coaching (leading by example) and acting as the go-to person for daily processes and ad-hoc tasks.
  • Work alongside management during the recruitment process. Help identify high caliber candidates that will integrate successfully within the team.

What You'll Need
  • Undergraduate or graduate degree in Risk Management, Business, Economics, Mathematics, Finance, (Engineering, Physics, Computer Science) or other quantitative disciplines.
  • Pursuit or completion of CFA/FRM is an asset.
  • Knowledge of financial instruments, regulations, and market risk metrics, gained through academic study, or practical experience.
  • Proficient with Microsoft applications.
  • Programming skillsets such as VBA, Python, SQL is an asset to develop, modify and continually improve the risk management infrastructure used to capture and analyze risk.
  • Good understanding of risk management, governance compliance and controls practices.
  • Ability to work in a fast-paced environment and manage multiple deadlines and priorities.
  • Advanced quantitative, analytic, and problem-solving skills.
  • Ability to understand the impact of economic and market events on trading PnL and Risk.
  • Strong leadership skill, persuasive, and be able to handle pressure under hard deadlines.
  • Takes ownership and possesses an excellent attitude to see through matters escalated from end-to-end.
  • Strong conceptual and strategic thinking skills, ability to see the big picture in a complex environment and identifying key risks in any process.
  • Independent thinker who takes initiative to capitalize on opportunities and achieve efficiencies with sound business judgement and acumen.
  • Excellent written and verbal communication skills, ability to explain confidential and complex issues as well as experience with recommending changes to management.
  • Self-starter, works well with others with the ability to lead as necessary.
  • Preferred 3+ years of working experience in a market risk related discipline.




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.
Management and Executive