Senior Market Risk Analyst (4591)

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

Job summary

TD Bank Group is seeking a Senior Market Risk Analyst to support the bank’s market risk appetite and regulatory capital framework under FRTB. You will analyze capital results, oversee reporting, and escalate data or methodology issues to mitigate risks.

The role requires strong analytical skills, experience in market risk and governance, and the ability to work across teams in a fast-paced environment. This position is based in Toronto with full-time hours.

Qualifications

• Experience in market risk, liquidity risk, or financial services.
• Strong analytical and communication skills.
• Ability to manage multiple priorities in a fast-paced environment.

Responsibilities

• Analyze and review FRTB capital results, including the SB Method, Default Risk Charge, and Residual Risk Add-On.
• Support regulatory and internal capital reporting with controls and reconciliations.
• Investigate data-quality issues, risk-factor mapping, and model changes; coordinate resolution.
• Assess capital and process impacts of new products, regulatory developments, and system changes.
• Provide challenge and guidance on capital treatment and reporting outputs to ensure compliance.

Skills

Market risk experience

Regulatory knowledge

Analytical thinking

Communication skills

Multi-priority management

Mentoring

Education

Undergraduate or graduate degree in Risk Management, Business, Mathematics, Finance, Engineering, Physics, or another quantitative discipline

Tools

Excel

PowerPoint

Python

Job description

Work Location: Toronto, Ontario, Canada

Hours: 37.5

Line of Business: Risk Management

Pay Details: $81,600 - $115,200 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

The Senior Market Risk Analyst within the FRTB team supports the Bank’s market risk appetite and regulatory capital framework by performing analysis, oversight, and reporting of capital requirements under the Fundamental Review of the Trading Book. The role is responsible for identifying and escalating material capital movements, data or methodology issues, and process risks in a timely manner.

Key Accountabilities

• Analyze and review FRTB capital results, including the Sensitivities-Based Method, Default Risk Charge, and Residual Risk Add-On, and explain key movements.
• Support accurate and timely regulatory and internal capital reporting, including controls, reconciliations, and issue escalation.
• Investigate capital, data-quality, risk-factor mapping, methodology, model, and system issues, and coordinate their resolution.
• Assess the capital and process impacts of new products, regulatory developments, methodology updates, and system changes.
• Provide effective challenge over capital treatment, process design, and reporting outputs to ensure compliance with regulatory and internal standards.
• Identify opportunities to improve reporting efficiency, automation, analytical capabilities, and process controls.
• Maintain strong knowledge of FRTB requirements and communicate capital impacts clearly to management and stakeholders.
• Act as a subject-matter resource for daily processes, support issue resolution, and provide guidance and cross-training to junior analysts.

Skills and Competencies

• Relevant market risk, liquidity risk, or financial services experience.
• Strong analytical, problem-solving, and strategic-thinking skills, with sound judgment and attention to detail.
• Strong written, verbal, and interpersonal communication skills.
• Ability to manage multiple priorities and deadlines in a fast-paced environment.
• Ability to mentor team members through knowledge sharing and cross-training.
• Good understanding of risk management, governance, regulatory compliance, and controls.
• Experience with market risk measurement and reporting, including FRTB, Value at Risk and stress testing.
• Knowledge of financial instruments, regulatory requirements, and market risk metrics.
• Proficiency in Microsoft Office applications, particularly Excel and PowerPoint; Python programming skills for risk analysis and reporting are an asset.
• Undergraduate or graduate degree in Risk Management, Business, Mathematics, Finance, Engineering, Physics, or another quantitative discipline.
• Pursuit or completion of the CFA or FRM designation is an asset.

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.

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.

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

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Our 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.

Our 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.

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