Risk Analyst, Credit Risk Analysis & Reporting (3083)

TD; Canada; On-site; CAD 65,000 - 99,000; Full time

Job summary

An established industry player is seeking a Risk Analyst to join their dynamic team in Toronto. This role offers a unique opportunity to engage in comprehensive risk reporting and analysis, directly impacting credit risk policy limits and regulatory compliance. Ideal candidates will possess strong analytical and problem-solving skills, along with the ability to communicate complex information effectively to stakeholders. As part of a collaborative environment, you will contribute to various risk initiatives, enhancing your professional growth while supporting the organization's goals. If you're ready to take your career to the next level in a supportive atmosphere, this position is perfect for you.

Benefits

Health and Well-being Benefits

Savings and Retirement Programs

Paid Time Off

Banking Benefits and Discounts

Career Development Programs

Reward and Recognition Programs

Qualifications

• 1-2 years of analytical experience with a strong data background.
• Ability to identify trends and improve processes.

Responsibilities

• Prepare credit risk reports and perform variance analysis.
• Participate in enterprise-wide risk initiatives and regulatory reporting.

Skills

Analytical Skills

Problem-Solving

Communication Skills

Time Management

Stakeholder Management

Adaptability

Education

Post-Secondary Degree in Quantitative Discipline

CFA/FRM/CPA or Similar Designation

Tools

Microsoft Office

Tableau

Alteryx

Job description

Work Location:
Toronto, Ontario, Canada

Hours:
37.5

Line of Business:
Risk Management

Pay Details:
$65,600 - $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.

Job Description:

Reporting to the Manager, Credit Risk Analysis & Reporting, the Risk Analyst is responsible for a broad array of risk reporting and analysis, including actively monitoring credit risk policy limits and regulatory reporting. This opportunity requires direct interaction with stakeholders across the organization, a high degree of initiative, and strong relationship management, communication, problem-solving, and analytical skills. This is an excellent opportunity for a high performer to broaden their analytic capabilities and gain enterprise-wide exposure.

Key accountabilities include:

• Prepare credit risk reports that monitor various internal policy limits and perform variance analysis for management review.
• Participate in various enterprise-wide risk initiatives, including both internal data enhancement and external regulatory reporting.
• Become a subject matter expert for credit risk related activities covering both TD Securities and Canadian Commercial portfolios.
• Build knowledge on wholesale and commercial credits and understand different types of risk exposure.
• Respond to ad-hoc requests accurately and in a timely manner.
• Work collaboratively and develop strong relationships across the Enterprise, including Risk Management, Finance, Capital/Treasury, and the Businesses.
• Contribute to a positive, inclusive, and collaborative team culture.

Department Overview:

As part of TD's Risk Management group, the Credit Risk Analysis & Reporting team produces a broad array of risk reporting and analysis. The Group is responsible for internal enterprise-wide risk reporting to support senior internal stakeholders including the Chief Risk Officer, Senior Executive Team, Risk Management Leadership Team, and the Risk Committee of the Board. The Group is also responsible for external regulatory reporting. In addition, the Group produces material to aid the CRO's preparation for TD's quarterly earnings releases, analyst/investor meetings, and Board presentations.

Job Requirements:

• Analytic thinker: Excellent analytical and problem-solving skills with the ability to identify key trends/drivers and an eye for detail. Ability to think outside the box and effectively challenge the status quo, with a key eye for process improvement.
• Communication: Strong written and verbal communication skills, including the ability to simplify complex analyses into easily consumable key messages appropriate for Executives.
• Adaptability: Adaptable to changing priorities, ad hoc requests, ambiguity and comfortable operating both independently and in a team environment. Strong time management skills with the ability to meet tight deadlines.
• Organizational awareness: Strong stakeholder management capabilities, including ability to effectively interact with senior stakeholders and drive results. High level of diligence, strong organizational skills and overall maturity with the ability to leverage stakeholders to locate, analyze and synthesize complex information - both quantitative and qualitative.
• Knowledge: Understanding of credit risk that arises from different product types. Proficient in Microsoft Office.

The following would be considered an asset:

• Experience using Tableau and Alteryx.
• Experience with credit risk reporting.
• Prior experience with TD internal risk data systems (CAIRO, CARMA, LOANIQ, IRIS, etc.)

Additional Information:

• Post-Secondary degree in a more quantitative discipline, along with a CFA/FRM/CPA or similar designation is preferred.
• 1-2 years of analytical experience, including solid background working with data and conducting analysis.

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 deliver legendary customer experiences to 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 the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues.

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.

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. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD - and we're committed to helping you identify opportunities that support your goals.

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!