Risk Analyst

Posted:
8/27/2024, 5:00:00 PM

Location(s):
Toronto, Ontario, Canada ⋅ Ontario, Canada

Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior

Field(s):
People & HR

Work Location:

Canada

Hours:

37.5

Line of Business:

TD General

Pay Details:

We’re committed to providing fair and equitable compensation to all our colleagues. As a candidate, we encourage you to have an open dialogue with a member of our HR Team and ask compensation related questions, including pay details for this role.

Job Description:

Department Overview

Capital Markets Risk Management (CMRM) is responsible for monitoring and providing an independent view of the Profit and Loss, Market Risk, Counterparty Risk, Liquidity Management, OTC Derivatives Collateral, and Valuation activities of the global trading activities of the Bank.

Within CMRM, the Counterparty Credit Risk team (Large Exposures) works closely with all Capital Markets Risk Management teams, TD Securities Trading Business Management, Global Operations, Risk Technology, Credit Management, Global Markets, Finance, as well as external regulators to facilitate the effective monitoring of the enterprise-wide large exposures framework related to OSFI B2 and SCCL regulatory reporting.

Job Description

Position Summary

As a Risk Analyst, you are required to demonstrate governance, control and risk management behaviors in alignment with TD policies and practices. It is your responsibility to ensure that execution of your function is in line with documented procedures specific to your role and business.

Job Accountabilities

  • Be a leader on the team by becoming a subject matter expert, on both the risk and mapping responsibilities, related to daily/monthly/quarterly OSFI B2/SCCL large exposures reporting.
  • Generate accurate and complete daily/monthly/quarterly OSFI B2/SCCL reports which include management reporting and counterparty credit limit monitoring reports.
  • Review and research mappings that drive reporting such as business, client, product, and legal entity data.
  • Execute infrastructure changes with regards to implementation of new or revised policies, products, or processes
  • 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.
  • Propose, schedule, plan, and champion projects to improve efficiencies in order to provide more effective business support
  • Ensure internal control processes are adequate and documented appropriately as per the governance standards including establishing appropriate review and assessment of the quality of outputs based on business standards.
  • Managing operational risk (e.g., cross-training, documentation, and audit).
  • Liaise closely with the Bank’s front office traders, Credit Risk Management (CRM), Global Counterparty Credit (GCC), audit, technology groups, and other stakeholders to assist in meeting the Bank’s objectives
  • Perform ad-hoc analyses of specific metrics/exposures/transactions as required by management and stakeholders.
  • Maintain a good understanding of the analytical principles underlying the risk management of all product types with credit risk, including issues that arise regarding financial modeling of products for risk purposes

Job Requirements

Key Skills

  • 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 to demonstrate leadership in the team.
  • Excellent verbal and written communication skills.
  • Candidates with experience in Risk Management roles will be favorably positioned.
  • Technical skills (e.g. Excel/SQL/VBA) and the CFA/FRM credentials will also be viewed favorably.

Who We Are:

TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we deliver legendary customer experiences to over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues.

TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you’ve got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we’re here to support you towards your goals. As an organization, we keep growing – and so will you.

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:
We’re delighted that you’re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive both at work and at home.

Colleague Development
If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll 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. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD – and we’re committed to helping you identify opportunities that support your goals.
 

Training & Onboarding
We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.

Interview Process 
We’ll 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 you’d 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:

N/A.