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Market Risk Analyst

Toronto, ON
Full Time
3 days ago
Company Overview

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Department Overview
Market Risk & Model Development (MRMD) is responsible for managing the ever-changing and dynamic world of trading and non-trading market risk, counterparty credit, margin management, liquidity risk and model development. Within MRMD, Capital Markets Risk Management (CMRM) is accountable for supporting TD Securities and 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 risk; ensuring all significant risks and results are appropriately measured, reported and transparent to senior management. As a Market Risk Analyst in CMRM - Risk and Valuations, you will be part of a group that is responsible for a number of activities related to the analysis and reporting of market Risk, liquidity, Independent Price Verification, Valuation adjustments, P&L Attribution, and policy implementation. the team executes infrastructure changes with regards to the implementation of new or revised Risk policies, system migration, model implementations, Valuation methodologies and analysis of the key measures used by the Bank to monitor and control market and liquidity risk. CMRM is a global business supporting offices in Toronto, Calgary, new York, Singapore, Dublin and London.

Job Description
Risk and P&L Support the risk appetite of the bank by independently identify, measure, analyze and monitor Market Risk and P&L (profit and loss) Attribution, while ensuring all analysis is complete and accurate with thorough commentary, while escalating issues in a timely manner IPV/VA Support the risk appetite of the bank by generating accurate and complete Independent Price Verification (IPV) and Valuation Adjustments (VA) in accordance with Global IPV and VA policies and associated business line policies, to ensure accurate and complete Fair Value reporting on all Financial Instruments per policy Liquidity Support the risk appetite of the bank by independently identify, measure, analyze and monitor Liquidity Risk and variance analysis, while ensuring all analysis is complete and accurate with thorough commentary, while escalating issues in a timely manner Change Management & Policy Implementation Be proactive with change management objectives by continuous improvement of independent processes, while ensuring day-to-day operations are maintained, to effectively support the business Execute infrastructure changes with regards to implementation of new or revised Risk policy changes and ensure that changes are executed in accordance with CMRM change control procedures and EUC standards. Enhancement & Operational Risk (Audit/Regulatory) Ensure operational and regulatory risks within your business are correctly measured, aggregated, and analyzed in accordance with established and approved market risk policies, while adhering to CMRM standards 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 Collaborate and liaise closely with our business partners to assist in meeting the Bank's objectives Models & Methodologies 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 and P&L Valuations People/Team Development Continuously develop a deep understanding of the business, while being proactive in knowledge distribution and cross-training activities Work alongside management during the recruitment process. Help identify high caliber candidates that will integrate successfully within the team.

  • Undergraduate degree and over 3 years of relevant work experience
  • Working knowledge of risk processes and methodologies
  • Excellent analytical, judgement and decision-making skills
  • A strong team associate with excellent organizational and communication skills and ability to prioritize and multi-task with minimal direction to meet tight deadlines
  • Technical skills (Excel/SQL/VBA/Tableau etc) and the CFA and FRM credentials will be an asset
  • Self-starter with a high degree of initiative and the ability to learn and adapt quickly



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.
Banking, Finance and Insurance