Market Risk Specialist (5113)

Work Location:

Toronto Ontario Canada

Hours:

37.5

Line of Business:

Risk Management

Pay Details:

96900.00 - 136800.00 CAD

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.

As a candidate you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Job Description:

Reporting to the Head of Market Risk XVA & Capital Optimization Desk Coverage the Market Risk Specialists accountabilities include:

• As a senior member of the Market Risk team provide effective market risk oversight of the xVA desk.
• Develop a strong independent view of current market conditions the market risk of the desks positions as well as xVA methodology.
• Maintain close contact with TDS Front Office including business heads and senior traders regarding trading strategies market conditions risk positions liquidity profit and loss and new initiatives.
• Work closely with the team to promote collaboration and to provide insight and education with respect to the trading businesses.
• Develop market risk policy for the relevant trading business with the objective of providing effective market risk oversight. Design stress tests and scenarios that highlight key market risks.
• Maintain an understanding of the regulatory landscape related to risk reporting and xVA (e.g. CVA Capital and FRTB) and provide data analysis to facilitate discussion with Trading Desk.
• Analyze new product requests to ensure that market risks are well understood and that appropriate market risk limits and controls are established.
• Effectively communicate risk issues to all levels of the Risk Management organization other control groups and the front office.
• Provide coaching and mentorship within Market Risk team.

Job Requirements:

• Minimum of five years of market risk or trading experience
• Deep capital markets knowledge with expertise in market risk and control functions covering derivatives sales/trading/hedging strategies with a particular focus on XVA and CCR.
• Solid understanding of risk measurement concepts and methodologies including VaR FRTB SA-CVA Stress Testing etc. coupled with an understanding of broader regulatory and financial concepts.
• Excellent interpersonal team building and leadership skills.
• Undergraduate or graduate degree in Finance Economics Mathematics or other relevant discipline.
• Ability to thrive within an environment with a high level of complexity and ambiguity. Keen interest in learning and a high level of curiosity regarding financial markets and products.
• Organizational awareness and demonstrated relationship building skills with a superior ability to make things happen through the use of positive influence.
• Advanced critical thinking analytical and problem solving skills.
• Skillful written and verbal communication skills.
• A high level of integrity earning the respect and trust of peer groups.
• CFA or FRM candidates preferred.
• Self-motivated and willing to take ownership and initiative with a positive attitude.

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 strive to make every interaction product and experience remarkably human and refreshingly simple for 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 foster deeper relationships ensure disciplined execution and build a simpler faster banking experience. TD is deeply committed to being a leader in client experience that is why we believe that all colleagues no matter where they work are client facing. Together we are reimagining what banking can be for our clients colleagues and communities.

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.

If youre passionate about helping clients and building deep lasting relationships TD offers diverse career paths where you can grow your expertise and make a meaningful impact.

Were committed to your success and foster a respectful workplace where diverse perspectives are valued everyone has fair opportunities to grow and you can unlock your full potential to achieve your career goals. Here at TD we hire and develop the best.

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):

Sans Objet

Required Experience:

IC

Employment Type : Full-Time
Experience: years
Vacancy: 1