Market Risk Analyst (5411)

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

Job summary

TD is seeking a Market Risk Analyst to join its Market Risk Management team in Toronto to assess and manage risk across asset classes, delivering insights to senior leaders for strategic decisions.

You will collaborate with Front Office, Product Control and finance, monitor VaR and stress testing, and support risk infrastructure enhancements while ensuring regulatory alignment and clear risk communication.

Qualifications

• Experience in risk analytics, portfolio management, and financial modeling.
• Proven track record with financial instruments and derivatives.
• Strong communication and presentation skills.

Responsibilities

• Measure Market Risk consumption through production and distribution of risk reports.
• Monitor VaR, stress testing, sensitivities and limit utilization.
• Collaborate with tech and risk data teams to resolve data issues and improvements.
• Explain risk metrics and monitor risk across asset classes for senior management.

Skills

Risk analytics

Portfolio management

Financial modeling

Python

Excel

VaR

Stress testing

Communication

Education

Bachelor's degree in Finance, Economics, Mathematics, Engineering, or related field

Master's degree or FRM/CFA preferred

Tools

Bloomberg Terminal

Tableau

SQL

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

Market Risk (MR) is responsible for managing the ever-changing and dynamic world of trading and non-trading market risk, counterparty credit, margin management and liquidity risk.Within MR, we are accountable for supporting TD Securities and TBSM business objectives in accordance with TD's risk appetite and regulatory expectations. MR provides independent oversight of enterprise-wide market, counterparty credit and liquidity risks; ensuring all significant risks are appropriately measured, reported, analyzed and transparent.

Position Overview

We are seeking an experienced and skilled Market Risk Analyst to join our dynamic Market Risk Management team. The successful candidate will play a pivotal role in assessing, analyzing, and managing market risks across various asset classes. This individual will provide critical insights to senior management, helping shape strategic decisions and ensuring the firm is well-positioned to manage market volatility and financial risks effectively.

Key Responsibilities:

Risk Measurement

• Measure Market Risk consumption through the production, validation, and distribution of periodic market risk reports across credit strategies, ensuring timeliness, accuracy, and completeness.
• Monitor key risk metrics including VaR, stress testing, sensitivities, concentration exposures, and limit utilization, escalating exceptions and anomalies as appropriate.
• Investigate and resolve risk reporting discrepancies, data quality issues, and production breaks in collaboration with technology and market data team.
• Maintain production procedures and operational controls supporting market risk reporting processes.

Risk Analytics & Market Monitoring

• Analyze portfolio risk exposures, profit and loss attributions, and changes in risk sensitivities resulting from market movements and trading activities.
• Monitor financial markets and provide concise commentary on significant developments across credit, rates, equities and other relevant asset classes.
• Support stress testing, scenario analyses, and ad hoc risk investigations to assess potential impacts from changing market conditions.
• Develop an understanding of trading strategies, valuation methodologies, and risk characteristics of financial products and derivatives.
• Continuously build knowledge of existing and emerging market risks, regulatory developments, and industry trends.

Collaboration & Strategy

• Work closely with the Front Office, Product Control and finance teams to identify and explain market risks within portfolios.
• Collaborate with technology and risk infrastructure teams to identify, prioritize, test, and implement enhancements to market risk platforms, data feeds, reporting tools, and production processes.

Qualifications

Education

Bachelor's degree in Finance, Economics, Mathematics, Engineering, or a related field. A Master's degree or professional certifications (e.g., FRM, CFA) is preferred.

Experience

• Experience in risk analytics, portfolio management, and financial modeling.
• Proven track record of working with financial instruments and derivatives.

Skills

• Proficiency in risk management tools, coding and software is nice to have (e.g. AI, Python, Bloomberg, Tableau, Microsoft Excel, etc.).
• Expertise in quantitative analysis, statistics, financial modeling, and advanced Excel skills.
• Strong understanding of risk metrics, such as VaR, stress testing, and scenario analysis.
• Familiarity with financial regulations, including Basel III and Dodd-Frank.
• Excellent communication (both written and spoken) and presentation skills, with the ability to translate complex technical information for various stakeholders.

Personal Attributes

• Strong analytical thinking and problem-solving abilities.
• Attention to detail and ability to work under pressure in a fast-paced environment.
• Ability to collaborate with cross-functional teams and influence decision-making.
• Ability to demonstrate accountability, independence and taking initiatives

Why Join Us

• Opportunity to work in a collaborative and high-impact environment.
• Exposure to a wide range of financial products and market dynamics.
• Competitive compensation and benefits package.
• Professional development opportunities in risk management and financial markets.

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.

We look forward to hearing from you!

Language Requirement (Quebec only)

Sans Objet