Analyst, Credit Risk Policy

The Toronto-Dominion Bank (Canada); Toronto; On-site; CAD 70,000 - 98,000; Full time

Job summary

The Toronto-Dominion Bank (Canada) is seeking an Analyst in the Credit Policy Reporting team. You will focus on analysis, reporting and monitoring of risk exposures to ensure compliance with established policy limits.

The role requires strong communication skills and collaboration with credit risk management, global counterparty credit, and other stakeholders. Proactive execution on infrastructure changes and governance adherence are essential.

Qualifications

• Solid knowledge of financial products and counterparty credit risk.
• Experience with complex systems and risk reporting processes.
• Ability to analyze, draft requirements, and test for projects.
• Strong communication and collaboration across stakeholders.

Responsibilities

• Generate accurate risk exposure reports and ensure adherence to reporting guidelines.
• Monitor risks within portfolios according to policy limits and governance.
• Provide analysis and monitoring of risk exposures and document issues.
• Complete monthly reconciliations to ensure accuracy of risk captured.
• Support infrastructure changes for new or revised policies and processes.
• Collaborate with front office, CRM, GCC, audit, and technology teams.

Skills

Financial knowledge

Counterparty credit risk

Analytical skills

Excel

SQL

VBA

Python

Communication skills

Risk management

Education

Bachelor's degree or higher in Finance/Math/Related

Tools

Excel

SQL

VBA

Python

Job description

Work Location: Toronto, Ontario, Canada Hours: 37.5 Line of Business: Risk Management Pay Details: $69,700 - $98,400 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 candidate's 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 The Market Risk & Counterparty Analytics area is part of the TD Bank Corporate Risk Management function. Our teams are accountable for the generation and monitoring of an independent view of the Profit and Loss, Market Risk, Counterparty Credit Risk, Collateral and Valuation activities of The Bank’s global trading activities. We support trading and non-trading business initiatives, inform an array of risk management decisions, and facilitate business through managing evolving front office needs, while ensuring appropriate capture and control of risk. Within Market Risk & Counterparty Analytics, the Counterparty Risk Analytics (CRA) team is responsible for a number of activities related to the quantitative analysis of credit risk, policy implementations, and exception management across a number of trading and non-trading businesses within TD Bank Group.

Job Description An Analyst within the Credit Policy Reporting team will primarily be focused on analysis, reporting, and monitoring of risk exposures ensuring that they are in accordance with established policy limits. 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, including credit risk management, global counterparty credit, market risk control, model development, front office, audit, and change delivery. As a result, the successful candidate will be required to possess strong communication skills. The Analyst, Credit Policy Reporting would be accountable for the following core responsibilities, 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.
• Propose, schedule, plan and champion projects to improve efficiencies in order to provide more effective business support.
• Execute infrastructure changes with regards to implementation of new or revised policies or processes.
• 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.
• Manage 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 financial derivatives, including issues that arise regarding financial modeling of products for risk purposes.
• Investigate and analyze the results across respective business areas of the IHC.
• Complete monthly reconciliation to ensure accuracy of risk captured.

Job Requirements

• Strong knowledge of financial products, and counterparty credit risk.
• Experience with Working with complex systems.
• Experience with performing impact assessments, drafting requirements, and performing testing for projects.
• 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 favourably positioned.
• Candidates with CFA and/or FRM designations will be favourably positioned.
• Technical skills (Excel/SQL/VBA/Python etc) will also be viewed favourably.

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 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 95,000 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

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.

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. 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 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. If you’re 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. We're 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 you’ve got everything you need to succeed in your new role.

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.

Language Requirement (Quebec only)

Sans Objet

Our Values

At TD we’re guided by our purpose to enrich the lives of our customers, communities and colleagues, and share a set of values that shape our culture and guide our behavior. In exchange for how our colleagues show up to help TD succeed, we are committed to delivering a colleague experience grounded in Impact, Growth and a Culture of Care. No matter where you work across TD, we empower you to make an impact at work and in your community, explore and grow your career and be part of our caring and inclusive culture.

Our Commitment to Diversity, Equity, and Inclusion

At TD, we’re committed to fostering an environment where all colleagues are encouraged to bring their authentic selves to work, experience equitable opportunities, and feel respected and supported. We’re dedicated to building an inclusive workforce that reflects the diversity of the customers and the communities in which we live and serve.

Helping to Make an Impact in Communities – TD Ready Commitment

TD has a long-standing commitment to help drive progress towards a more inclusive and sustainable future. That’s why we launched the TD Ready Commitment in 2018, now a multi-year North American initiative. Under the TD Ready Commitment, we are targeting a total of C$1 billion by 2030 in community giving across four key, interconnected drivers of change: Financial Security, Vibrant Planet, Connected Communities, and Better Health. It’s our goal to help support change, nurture progress, and contribute to making the world a better, more inclusive place for our customers, colleagues, and communities.

Learn more

Canada | US | Europe & Asia Pacific