Analyst, Margin Accounts Group (4583)

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

Job summary

TD Bank Group is seeking a Margin Accounts Group Analyst to support counterparty credit risk mitigation by overseeing daily collateral exposures across OTC derivatives. You will process collateral movements, analyze exposures, investigate disputes, and work with Front Office, Credit Risk, Legal, Treasury, and Operations to ensure timely, accurate, and controlled collateral management.

The role offers interaction with global collateral portfolios and requires strong analytical abilities, a solid

Qualifications

• Bachelor’s or higher in finance/quantitative field or equivalent.
• Strong analytical, organizational and communication skills.
• Experience in capital markets, collateral management or related operations is a plus.

Responsibilities

• Monitor daily VM and IM exposures across collateralised portfolios.
• Process margin calls, margin tickets, and collateral movements accurately.
• Investigate disputes, valuation differences, and settlement fails; escalate as needed.
• Maintain daily reconciliations, exposure analyses, and risk reporting.
• Collaborate with Front Office, Credit Risk, Legal, Treasury, Settlements, Operations, and Tech.

Skills

Analytical skills

Communication skills

Stakeholder management

Education

Undergraduate or Graduate degree in Finance, Economics, Mathematics, Business, Commerce, Risk Management, or a related quantitative discipline

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 Collateral Risk Management sits within Capital Markets Risk Management (CMRM) which is responsible for the market and credit risk of TD Securities. A global, multi-faceted and cross product team, the primary objective of the Collateral Management department is the mitigation of counterparty credit risk through the active monitoring of clients’ derivative and securities financing portfolios. The department manages collateral for the Toronto, New York, London and Singapore regions. The team has a rare opportunity to support products and businesses ranging from foreign exchange, commodities, credit, equity, interest rates, securities financing, and prime brokerage. The team manages a wide range of complex processes, with members developing skills and competencies around derivative and security products and their respective business areas, legal agreements, technology flows and regulations.

Role Description

The Margin Accounts Group (MAG) Analyst is responsible for supporting the mitigation of counterparty credit risk through the daily management and monitoring of collateral exposures across OTC derivatives. The role focuses on accurate and timely collateral processing, exposure analysis, dispute investigation, stakeholder coordination, and adherence to established controls and procedures. The successful candidate will develop strong collateral management and risk knowledge while working closely with internal partners, including Front Office, Credit Risk, Legal, Treasury, Settlements, Operations, and Technology, as well as external counterparties. The Analyst will escalate material issues appropriately and contribute to the effective operation of the team.

Key Responsibilities

• Monitor daily VM and IM exposures across assigned collateralized portfolios and issue or respond to collateral calls in accordance with CSA terms and internal procedures.
• Prepare and process margin calls, margin tickets, valuation statements, and collateral movements accurately and within established timelines and authority levels.
• Investigate collateral disputes, valuation differences, settlement fails, and reconciliation breaks; coordinate resolution and escalate material or aged items.
• Perform daily reconciliations, exposure analysis, control checks, and reporting to identify exceptions, concentration risks, and emerging issues.
• Support risk and control activities, including quality assurance, operational risk event reporting, business continuity, regulatory deliverables, and procedure updates.
• Stakeholder Management Act as a day-to-day contact for counterparties and internal business partners on collateral calls, disputes, settlements, and operational queries.
• Work collaboratively with Front Office, Credit Risk Management, Legal, Operations, Treasury, Technology, and external counterparties to resolve issues promptly.
• Provide clear status updates and risk commentary, escalating decisions and complex matters to senior team members as appropriate.
• Process Improvement & Innovation Identify and recommend opportunities to improve efficiency, data quality, controls, and client service within daily collateral processes.
• Participate in process-improvement initiatives, testing, regulatory implementations, and technology upgrades under the guidance of senior team members.
• Maintain procedures, contribute to automation and reporting enhancements, and support the adoption of new tools and processes.
• Team Contribution & Development Collaborate with team members, share knowledge, and provide coverage across assigned processes when required.
• Build technical knowledge of collateral, derivatives, legal agreements, systems, and risk controls through training and practical experience.
• Demonstrate accountability, attention to detail, sound judgment, and a commitment to continuous learning and a strong risk culture.

Required Experience & Qualifications

• Undergraduate or Graduate degree in Finance, Economics, Mathematics, Business, Commerce, Risk Management, or a related quantitative discipline.
• CFA, FRM, or equivalent professional designation is considered an asset.
• Relevant experience in capital markets, collateral management, counterparty risk, treasury, settlements, or derivatives operations is preferred; equivalent education and experience will be considered.
• Working knowledge of OTC derivatives, securities financing transactions, collateral agreements (CSA/ISDA), or margining concepts is an asset.
• Strong analytical, organizational, problem-solving, communication, and stakeholder-management skills, with close attention to detail.
• Ability to manage competing priorities, meet time-sensitive deadlines, and escalate issues appropriately in a fast-paced environment.
• Experience with industry-standard collateral management applications; proficiency in risk management tools, data analysis, coding, or related software is 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 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

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. 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.

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.

Language Requirement (Quebec only)

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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.

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