Senior Analyst, Credit Policy Reporting (5374)

TD Bank Group; Toronto; On-site; CAD 82,000 - 115,000; Full time

Job summary

TD Bank Group in Toronto is seeking a Senior Analyst – Credit Policy Reporting to analyze, report, and monitor risk exposures in line with policy limits. The role partners with credit risk management, front office, and audit to implement new policies and improve reporting infrastructure.

Candidates should have strong communication skills, experience with complex systems, and a proactive approach to change delivery.

Qualifications

• Strong knowledge of financial products and counterparty credit risk.
• Experience with complex systems and impact assessments.
• Ability to draft requirements and perform testing for projects.
• Excellent communication and ability to collaborate with multiple groups.
• Demonstrated leadership and ability to mentor staff.

Responsibilities

• Generate accurate processes to measure and report exposures per guidelines.
• Ensure risks are correctly measured, aggregated and analyzed.
• Provide analysis, reporting and monitoring of risk exposures.
• Record late or missing reports and explain metrics.
• Plan and champion projects to improve efficiencies and business support.
• Execute policy or process changes and ensure governance compliance.
• Maintain internal controls and document outputs to standards.
• Liaise with front office traders, CRM, GMC, audit, and IT stakeholders.
• Perform ad-hoc analyses of metrics/exposures/transactions as needed.
• Understand analytical principles underlying risk management of derivatives.

Skills

Strong analytical skills

Excellent verbal and written comms

Self-starter with initiative

Attention to detail

Time management / prioritization

Team leadership / mentoring

Tools

Excel

SQL

VBA

Python

Job description

Work location: Toronto, Ontario, Canada. Hours: 37.5. Line of business: Risk Management. Pay details: $81,600 - $115,200 CAD.

Department Overview

The Market Risk & Counterparty Analytics area is part of the TD Bank Corporate Risk Management function. Our teams are accountable for the generation and monitoring of an independent view of the Profit and Loss, Market Risk, Counterparty Credit Risk, Collateral and Valuation 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.

Within Market Risk & Counterparty Analytics, the Counterparty Risk Analytics (CRA) 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.

Senior Analyst – Credit Policy Reporting

The Senior Analyst within the Credit Policy Reporting team will primarily be focused on analysis, reporting, and monitoring of risk exposures ensuring that they are in accordance with established policy limits. The incumbent is expected to execute on infrastructure changes with regards to new or revised policies. The role will involve close partnership and interaction with a wide range of areas, including credit risk management, global markets credit, market risk control, model development, front office, audit, and change delivery. As a result, the successful candidate will be required to possess strong communication skills.

Core Responsibilities

• 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 risk policies 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 (CRM), Global Markets Credit (GMC), 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.
• Investigate and analyze the results across respective business areas of the IHC.
• Complete monthly reconciliation to ensure accuracy of risk captured.
• Establish an environment that promotes respect for individual employee and adheres to the policies and guidelines of the Bank.
• Provide leadership, direction, advice and guidance to the team, to consistently maintain high levels of integrity, motivation and morale.
• Include all aspects of people development including appropriate mentoring, coaching, and ongoing evaluation of staff performance and leadership skills.
• Initiate actions to further improve your own and the team’s skills and performance by continuously looking for opportunities for professional development.
• Demonstrate TD’s Leadership Profile in all professional and personal activities.
• Create and maintain an environment conducive to the timely identification and escalation of issues.
• Managing relationships with other areas including sharing knowledge and identifying opportunities to leverage complementary skills.

Requirements

• Strong knowledge of financial products, and counterparty credit risk.
• Experience with working with complex systems.
• Experience with performing impact assessments, drafting requirements, and performing testing for projects.
• Self‑starter with a high degree of initiative and the ability to learn and adapt quickly.
• Strong analytical skills and attention to detail.
• Strong organizational, follow‑up and priority‑setting skills to handle multiple tasks/projects.
• Self‑motivated, well organized, able to work both independently and in a team environment.
• Strong interpersonal skills are required, as the candidate will be called upon to demonstrate leadership in the team.
• Excellent verbal and written communication skills.
• Candidates with experience in Risk Management roles will be favourably positioned.
• Candidates with CFA and/or FRM designations will be favourably positioned.
• Technical skills (Excel/SQL/VBA/Python etc) will also be viewed favourably.

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 colleagues and communities.

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.

Training & Onboarding

We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.

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.

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.

Language Requirement

Language Requirement (Quebec only): Sans Objet. US Labor & Employment Posters | California Privacy | Accessibility | FAQ.

Values

At TD we’re guided by our purpose to enrich the lives of our customers, communities and colleagues, and share a set of values that shape our culture and guide our behavior. In exchange for how our colleagues show up to help TD succeed, we are committed to delivering a colleague experience grounded in Impact, Growth and a Culture of Care. No matter where you work across TD, we empower you to make an impact at work and in your community, explore and grow your career and be part of our caring and inclusive culture.

Commitment to Diversity, Equity and Inclusion

At TD, we’re committed to fostering an environment where all colleagues are encouraged to bring their authentic selves to work, experience equitable opportunities, and feel respected and supported. We’re dedicated to building an inclusive workforce that reflects the diversity of the customers and the communities in which we live and serve. Helping to Make an Impact in Communities – TD Ready Commitment: TD has a long-standing commitment to help drive progress towards a more inclusive and sustainable future. That’s why we launched the TD Ready Commitment in 2018, now a multi-year North American initiative. Under the TD Ready Commitment, we are targeting a total of C$1 billion by 2030 in community giving across four key, interconnected drivers of change: Financial Security, Vibrant Planet, Connected Communities, and Better Health. It’s our goal to help support change, nurture progress, and contribute to making the world a better, more inclusive place for our customers, colleagues, and communities.