Work Location:
Toronto Ontario Canada
Hours:
37.5
Line of Business:
Risk Management
Pay Details:
69700.00 - 98400.00 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:
DEPARTMENT OVERVIEW
PrimeServicessits withinthe Market Risk and Collateral Risk Analytics teamswhichareresponsible for the market and credit risk reporting for TD Securitiesand related Prime Service business lines. A global multi-faceted and cross product team the primary objective of the PrimeServicesdepartment isthe mitigationof counterparty credit risk through the active monitoring of clientsCash Prime brokeragecollateral and OTC and Security Financing Transactions (SFT) to ensure collateral levels provide adequate coverage of the exposures the clients have with TD Bank. The team manages both the Canadian Prime Brokerage and USPrime Services risk reporting.
The team has a rare opportunity to be exposed to risk management of Hedge Funds and professional investors. Products monitored include equities options bonds warrants Repos and Over-The-Counter Derivatives. The team manages a wide range of complex processes with members developing skills and competencies around derivatives regulatory margin requirements stress testing review of portfolio liquidity and concentration and independent price verification (IPV).
JOB DESCRIPTION
Ananalystwithin thePrime Servicesteam will primarily be focused on analysis reporting and monitoring of riskexposuresensuring that they are in accordance with established policyand clientlimitsand/or thresholds.The incumbent is expected to execute on infrastructure changes with regards to new or revised policies.
The role will involve close partnership and interaction with a wide range of areas includingthe front officecredit risk management globalmarketscredit market risk modelteams audit and change delivery. As a result the successful candidate will be required to possess strong communication skills.
TheAnalystPrimeServiceswould be accountable for thefollowing coreresponsibilities but are not limited to:
Generate accurate and complete processes to measure and report on exposures ensuring that all reports are submitted as per reporting guidelines.
Ensure risks within portfolios covered are correctly measured aggregated and analyzed in accordance with established and approved risk policies limits.
Provide analysis reporting and monitoring of risk exposures and adhere to internal standards with regards to violations and the escalation of production issues.
Ensure that all late or missing reports and related process metrics are recorded documented and explained appropriately.
Manage operational risk (e.g. cross-training documentation and audit).
Liaise closely with the Banks front officerelationship managers Credit Risk Management GlobalMarketsCreditMarket Riskaudit technology groups and other stakeholders to assist in meeting the Banks objectives.
Perform ad-hoc analyses of specificmetrics/exposures/transactionsas required by management and stakeholders.
JOB REQUIREMENTS
Undergraduate degreein Finance Accounting Analytics Data Business/Commerce or related field
Experience in analysis and reporting roles or strong knowledge related to Equity Products Fixed Income Exchange Traded Options Repos and/or Over the Counter trades will befavoured
Understanding of Call and Put Option mechanics and pricing models
Understanding of regulatory margin rules from CIRO and FINRA
OtherJob Requirements
Self-starter with a high degree of initiative and the ability to learn and adapt quickly
Strong analytical skills and attention to detail
Strong organizational follow-up and priority-setting skills to handle multiple tasks/projects
Self-motivated well organized able to work both independently and in a team environment
Strong interpersonal skills are required as the candidate will be called upon todemonstrate leadershipin the team
Excellent verbal and written communication skills
Candidates with experience in Risk Management roles will befavourablypositioned
Candidates with CFA and/or FRM designations will befavourablypositioned
Technical skills (Excel/SQL/VBA/Python/AI toolsetc.) will also be viewedfavourably.
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