Market Risk Analyst, Rates & Stress Testing

TD Bank Group

Toronto

On-site

CAD 70,000 - 98,000

Full time

3 days ago

Be an early applicant

Get more replies from employers

Send a job-specific resume in minutes.

Job summary

TD Bank Group in Toronto is seeking a Market Risk Analyst to identify, analyze, and challenge market risks affecting risk appetite and capital. You will monitor conditions, assess exposures, and collaborate with trading, Finance, and Compliance to develop risk management practices and policies.

The role requires strong analytical skills, knowledge of financial markets and regulations, and experience with risk management tools.

Qualifications

Bachelor's degree in Finance, Economics, or related field.
Master's degree or professional certification (e.g., CFA, FRM) preferred.
Strong understanding of financial markets and instruments.
Proficiency in risk management tools and software.
Excellent analytical and problem-solving skills.
Strong communication and presentation abilities.
Knowledge of regulatory requirements and standards.
Ability to work under pressure and meet tight deadlines.
Attention to detail and accuracy.
Proactive and self-motivated approach.
Strong organizational and time management skills.
Ability to work collaboratively with cross-functional teams.
High level of integrity and ethical standards.
Experience in developing and implementing risk management policies.
Knowledge of quantitative risk assessment techniques.
Ability to interpret and analyze complex financial data.
Strong decision-making skills.
Experience in preparing risk reports for senior management.
Advanced programming skills in Python will be preferred.

Responsibilities

Monitor market conditions and assess risk exposures regarding Market Risk, VaR/Stress, while ensuring all analysis is complete and accurate with thorough commentary, and escalating issues in a timely manner.
Identify and analyze market risks that could impact the organization.
Prepare and present risk reports to senior management.
Conduct stress tests and scenario analyses.
Ensure compliance with regulatory requirements.
Collaborate with trading businesses, Product Control/Finance, and compliance.
Review and comment on significant P&L drivers by highlighting relationships between market risk events and risk exposures.
Provide guidance and support to other departments on risk-related matters.
Stay updated on market trends and regulatory changes.
Participate in projects that test implementation of risk management tools and systems and provide requirements for implementation.
Participate in regular risk assessments and audits.
Develop and maintain risk management policies and procedures.
Participate in the development of contingency plans for potential market disruptions.