Credit Exceptions Risk Analyst (5562)

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

Benefits offered by this job

Total Rewards Package

Accommodation

Job summary

TD is actively seeking an Analyst in Toronto to focus on Credit Exception Management within Market Risk and Counterparty Analytics. You will analyze risk exposures, monitor adherence to limits, and support infrastructure changes for credit facilities.

The role requires strong communication, collaboration with multiple teams, and advanced analytical skills to ensure accurate risk reporting and compliant processes.

Qualifications

• Strong knowledge of financial products, counterparty risk and Capital Markets.
• Self-starter with initiative and ability to learn quickly.
• Strong financial acumen with investigation and analytical skills.
• Excellent interpersonal and communication skills to convey complex info.
• Strong organizational, follow-up and priority-setting abilities.
• Experience working with complex systems.
• Experience with impact assessments, drafting requirements and testing for projects.
• Risk Management experience is a plus.
• Knowledge of SQL/VBA/Python is a plus.

Responsibilities

• Manage Counterparty Credit Risk by investigating and escalating credit excesses at the facility level.
• Generate accurate processes to measure and report on exposures per guidelines.
• Ensure risks are correctly measured and aggregated per CAIRO limits.
• Provide analysis, reporting and monitoring of risk exposures and escalations.
• Record, document and explain late or missing reports and metrics.
• Propose and plan projects to improve efficiencies and support the business.
• Execute changes for new or revised policies and processes.
• Ensure internal controls are documented per governance standards.
• Manage operational risk including cross-training and audits.
• Collaborate with front office, Credit Risk Management and other stakeholders to meet objectives.
• Perform ad-hoc analyses of metrics/exposures/transactions as needed.
• Maintain understanding of derivatives risk management concepts and modeling.

Skills

Counterparty Risk

Data Analysis

Reporting

Risk Controls

Interpersonal Skills

Tools

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.

Department Overview

The Market Risk and Counterparty Analytics area is part of the TD Bank Corporate Risk Management function. Our teams are accountable for the Market Risk, Counterparty Credit Risk, and Collateral 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.

The Counterparty Risk Analytics 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 Exception Management team will primarily focused on analysis, reporting, and monitoring of risk exposures ensuring that they are in accordance with established counterparty credit limits. The incumbent is expected to execute on infrastructure changes with regards to new or revised credit facilities.

The role will involve close partnership and interaction with a wide range of areas, including credit risk management, global markets credit, market risk control, front office, audit, and change delivery. As a result, the successful candidate will be required to possess strong communication skills.

Accountable for the following core responsibilities

• Manage Counterparty Credit Risk by investigating and escalating credit excesses at the facility level.
• 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 CAIRO counterparty 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, Global Markets Credit, 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.

Job Requirements

• Strong knowledge of financial products, counterparty credit risk and Capital Markets
• Self-starter with a high degree of initiative and the ability to learn and adapt quickly
• Sound financial acumen, specifically exceptional investigation, analytical skills and attention to detail. Ability to synthesize information on complex issues and make judgment calls
• Excellent interpersonal and communication skills to communicate complex information clearly
• Strong organizational, follow-up and priority-setting skills to handle multiple tasks
• Experience of working with complex systems
• Experience with performing impact assessments, drafting requirements, and performing testing for projects
• Experience in Risk Management roles is a plus
• Working knowledge of technical tools (SQL/VBA/Python/Artificial Intelligence) is a plus

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)

Sans Objet