Market Risk Analyst

Posted:
9/10/2024, 6:27:08 AM

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

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

Field(s):
Business & Strategy

Workplace Type:
On-site

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:

Job Description Summary

Provide a broad range of market risk analysis, reporting, monitoring and/or support to business partners.  Act as a specialist/expert in providing guidance/ advice on a range of market risk related matters within assigned or own area of specialization. 

KEY ACCOUNTABILITIES

CUSTOMER

  • Maintain a culture of risk management and control, supported by effective processes in alignment with risk appetite
  • Conduct analysis of daily risk position and ensure accuracy of reporting before distribution and provide high quality recommendations
  • Develop and operationalize standards, policies and processes to identify, report and mitigate overall risk exposures within the business;
  • Proactively analyze potential risks and ensure key risks are aggregated / escalated to appropriate areas;
  • Support business with analysis and reporting on risk issues and their impact which may include scenario analysis;
  • Support established enterprise-wide risk escalation, review and approval processes, policies and risk assessment processes;
  • Provide analytical support in the identification and assessment of risks and make recommendations to better manage TD's Risk appetite   – understand risk appetite, perform statistical analysis related to the research and development of consistent risk measurement
  • Continuously review and identify risk trends and exposures
  • Interact with stakeholders to support their understanding of risk 
  • Scope of area supported can range from key business segments of the Bank to an assigned region/area within and requires a broad business and/or enterprise-wide focus   

SHAREHOLDER

  • Develop and maintain knowledge of existing and emerging risks across the business
  • Adhere to enterprise policies and frameworks or methodologies that relate to activities for our business area
  • Conduct reporting and analysis at the functional or enterprise level using results to draw conclusions, make recommendations, on programs/ policies/ practices
  • Identify data quality issues and contribute to problem resolution
  • Proactively identify opportunities for process efficiencies
  • Write business requirements and participate as a subject matter expert in cross-functional/enterprise work streams for small scale projects / initiatives
  • Keep abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impacts
  • Actively manage relationships within and across various business lines, corporate and/or control functions and ensure alignment with enterprise

EMPLOYEE / TEAM

  • Motivate and develop relationships with internal and external business partners / stakeholders
  • Support a positive work environment that promotes service to the business, knowledge of the business, quality, innovation and teamwork and ensure timely communication of issues/ points of interest
  • Support the team by continuously enhancing knowledge / expertise in own area and participate in knowledge transfer within the team and business unit
  • Keep current on emerging trends/ developments and grow knowledge of the business, related tools and techniques
  • Participate in personal performance management and development activities, including cross training within own team
  • Keep others informed and up-to-date about the status / progress of projects and / or all relevant or useful information related to day-to-day activities
  • Contribute to the success of the team by willingly assisting others in the completion and performance of work activities; provide training, coaching and/or guidance as appropriate.
  • Contribute to a fair, positive and equitable environment that supports a diverse workforce
  • Keep others informed about all relevant information, with a view to actively supporting TDBFG’s and business strategy and goals;
  • Act as a brand ambassador for your business area/function and the bank, both internally and/or externally

BREADTH & DEPTH

  • Experienced working professional role providing specialized business services, advisory or processes / program support within their own area of specialty
  • Requires experienced, conceptual and practical knowledge within their own specialty and knowledge of broader related areas
  • Accountable for own work and sometimes others; acts as an escalation point or knowledge resource for others in their own area
  • Leads projects or work streams within broader projects with moderate risk and may be accountable for managing ongoing activities, processes and functional programs
  • Works within broad guidelines / policies and independently performs tasks from end to end
  • Solves moderately complex problems by taking a new perspective on existing solutions
  • Exercises judgment based on the analysis of multiple sources of information
  • Conveys business context when providing guidance within field of specialty to internal or external stakeholders
  • Work performed under minimal management guidance and supervision
  • Identify and lead problem resolution
  • Generally reports to a Senior / Manager role

EXPERIENCE & EDUCATION

  • Undergraduate degree or technical certificate and/or
  • 3+ years relevant experience

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.