DirectorSenior Manager, Canadian Interest Rates Coverage (5114)

Work Location:

Toronto Ontario Canada

Hours:

37.5

Line of Business:

Risk Management

Pay Details:

115600.00 - 163200.00 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:

The Senior Manager/Director Canadian Interest Rates Coverage provides oversight of market risk for Canadian Interest Rates and Structured risks. This role is responsible for identifying key market risks and instituting appropriate risk metrics to assess and manage these risks.

• Responsible for identifying key market risks and instituting appropriate risk metrics to assess and manage these risks.

• Maintains thorough understanding of all key risk and risk-related issues through continual review of risk reports/related data and dialogue with relevant parties.

• Establishes dialogue with TDS trading desks regarding current positions key risks market views and business strategies.

• Establishes and maintains market risk policies and procedures governing how the business produces and manages market risk including setting and approving risk limits.

• Analyze new product requests to ensure that market risk and valuation are well understood and that appropriate market risk limits and controls are established

• Develops a thorough understanding of business strategies and key factors contributing to profitability.

• Responsible for reporting and management of Canadian Interest Rates and Structured risks

• Brief management on key risks and works with trading desks on effective risk mitigation strategies.

• Works closely with Product Control to understand drivers of P&L and analyzes desks performance.

• Analyzes all key risk and capital related measures including VaR FRTB etc. and works with desks to optimize capital.

• Facilitates the design of appropriate stress tests and scenarios at asset class business line and Firm level

• Provides analysis and commentary of key market risks across stress and capital measures for Market Risk management review.

• Keeps abreast of new risk management techniques and industry literature.

• Demonstrates governance control and risk management behaviors in alignment with TD policies.

• Recommend market risk policy to Head of Market Risk Global Interest Rates Coverage

Requirements:

• 10 years of industry and relevant experience

• Bachelors degree or equivalent required

• Masters in Mathematics Science or Finance/Economics preferred

• Expert market knowledge across interest rates and structured markets and businesses in Canada

• Possesses quantitative expertise across a variety of domains

• Expert at risk analysis and risk assessment

• Have stature and creditability to provide effective challenge to risk takers and business heads

• Collaborate with business partners to find appropriate solutions to market risk challenges

• Demonstrate balanced judgment in making risk decisions

• Is able to communicate risk decisions clearly and transparently

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:

Director

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