Work Location:

Canada

Hours:

37.5

Line of Business:

Risk Management

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:

* Preferred Candidate Identified *

Department Overview

Wealth Credit and Market Risk Management works in partnership with various Wealth businesses to mitigate credit and market risks by assessing the exposures within our portfolio and identifying and resolving risk exposure for the organization. The department is responsible for the monitoring and compliance of credit risk management policies, including discretionary loan limits, and oversees TD Wealth’s market/credit risk portfolio across Canada and the US.

The Credit team within Wealth Credit and Market Risk Management ensures compliance with applicable TD Waterhouse and CIRO Cash and Margin rules.  They mitigate the Credit risk for TD Wealth which includes monitoring and resolving delinquent cash and margin accounts and manage potential option expiry exposure.

Job Description

• Monitor and resolve delinquent cash and margin accounts on a daily basis within the guidelines of CIRO and TD Wealth in-house polices

• Responsible for incoming calls and inquiries from our branches, internal departments and other corporate clients (DI, PIA, PIC and FP)

• Assess out of order accounts to facilitate the process collection/resolution

• Authorize and approve trades, cheque requests, bank wires, journals, account transfers, and complex account openings

• Assist management in the preparation of credit reports as assigned

• Manage the option expiry process to mitigate financial risk to the firm

• Participate as a member of the team, promoting efficiency and contributing to a positive work environment

• Other ad-hoc projects and analysis as required

 

Job Requirements

• Self-motivated with a strong work ethic

• Adaptable and resilient 

• Strong written and verbal communication skills.

• Demonstrated ability to work independently and establish priorities to meet tight deadlines.

• Strong computer skills including MS Word and MS Excel (advanced skills) are required, Microsoft Access is a plus.

• Problem solving and analytical skills are required along with an acute attention to detail

• Prior experience in a capital markets and/or retail brokerage related role a plus

 

Additional Information

• Registration as an Investment Options Representative is a requirement (CSC, CPH) & (OLC, DFC)

• An undergraduate or graduate degree is preferred (Finance, Accounting, Commerce or Economics)

• Pursuit of CFA and/or FRM would be considered an asset

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.