Analyst, Margin Accounts Group (5576)

TD Bank; Toronto; On-site; CAD 70,000 - 98,000; Full time

Job summary

TD Bank is seeking a Margin Accounts Group Analyst in Toronto, Ontario, to support collateral risk management across OTC derivatives. You will monitor daily exposures, process margin calls, and investigate settlement issues while coordinating with Front Office, Credit Risk, Legal, Treasury, and Operations.

The role emphasizes accurate collateral processing, risk analysis, and adherence to controls, with opportunities to contribute to process improvements and automation within a global team.

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

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 avoid 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.

Education

Finance

Economics

Mathematics

Business

Commerce

Risk Management

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 elevate 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 avoid 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