Senior Risk Analyst, Credit Risk Reporting & Allowance (3283)

TD Bank; Toronto; Hybrid; CAD 76,000 - 116,000; Full time

Job summary

An established industry player is seeking a Senior Risk Analyst to enhance their Credit Risk Reporting & Allowance team. This pivotal role involves forecasting and analyzing provisions for credit losses while ensuring compliance with IFRS 9 standards. The ideal candidate will possess strong analytical skills, advanced proficiency in Excel and Alteryx, and a solid understanding of credit risk frameworks. Join a company that values diversity and offers comprehensive development programs, fostering a supportive environment for your growth. If you're ready to make a significant impact in risk management, this opportunity is perfect for you.

Benefits

Comprehensive development programs

Training and onboarding support

Diversity and inclusion initiatives

Community initiatives

Flexible work environment

Qualifications

• 3+ years in credit risk, finance, or accounting, preferably in financial institutions.
• Advanced Excel skills; experience with Alteryx for data automation.
• Understanding of controls and governance frameworks (e.g., SOX).

Responsibilities

• Perform quarterly ACL calculations under IFRS 9 for non-retail portfolios.
• Prepare and analyze management and regulatory reports using Excel and Alteryx.
• Collaborate with Finance, Credit Risk, Data Management, and Model Development teams.

Skills

IFRS 9

Data Analysis

Excel

Alteryx

Credit Risk

Financial Reporting

Critical Thinking

Organizational Skills

Education

Bachelor’s degree in Finance

Bachelor’s degree in Accounting

Bachelor’s degree in Economics

Tools

Excel

Alteryx

BI Tools

Job description

Senior Risk Analyst, Credit Risk Reporting & Allowance (3283)

Senior Risk Analyst, Credit Risk Reporting & Allowance (3283)

Apply remote type: Hybrid | Location: Toronto, Ontario | Time type: Full time | Posted: 2 Days Ago | End Date: May 20, 2025 | Job requisition id: R_1417856

Work Location: Toronto, Ontario, Canada

Hours: 37.5

Line of Business: Risk Management

Pay Details: $76,800 - $115,200 CAD

TD is committed to fair and equitable compensation, growth opportunities, and skill development. Compensation varies based on skills, experience, location, and organizational needs. Candidates are encouraged to discuss compensation openly with recruiters.

Job Description

Department Overview: Credit Risk Reporting & Allowance manages analysis, reporting, and insights related to the Bank's credit portfolios, including the allowance methodology for Canadian non-retail portfolios, supporting stakeholders such as Risk Management, Finance, Regulators, and the Board.

Job Overview: Reporting to the Senior Manager, the Senior Risk Analyst will forecast, report, and analyze the allowance and provision for credit losses (ACL and PCL) for Canadian non-retail portfolios, requiring knowledge of IFRS 9, internal controls, data transformation, and visualization tools. This role suits a critical thinker with attention to detail and quality.

Responsibilities

1. Perform quarterly ACL calculations under IFRS 9 for non-retail portfolios.
2. Ensure accuracy of ACL/PCL reports through reviews, reconciliations, and validations.
3. Prepare and analyze management and regulatory reports using Excel and Alteryx.
4. Interpret trends, drivers, and variances, providing insights.
5. Design workflows in Alteryx to support calculations and automation.
6. Support internal controls, governance, and audit activities to ensure compliance.
7. Identify process improvements to enhance efficiency and reduce risks.
8. Demonstrate knowledge of IFRS 9 methodologies and model outputs.
9. Collaborate with Finance, Credit Risk, Data Management, and Model Development teams.
10. Support audit and regulatory reviews with documentation and responses.

Requirements

• Bachelor’s degree in Finance, Accounting, Economics, or related field.
• 3+ years in credit risk, finance, or accounting, preferably in financial institutions; IFRS 9 experience preferred.
• Ability to interpret data, identify issues, and communicate results clearly.
• Responsiveness to time-sensitive requests and inquiries.
• Strong organizational skills and ability to manage multiple priorities.
• Professional maturity and critical thinking.
• Understanding of controls and governance frameworks (e.g., SOX).
• Advanced Excel skills; experience with Alteryx for data automation.
• Knowledge of IFRS 9 ECL framework is an asset.
• Experience with database queries and BI tools is an asset.

Additional Information

TD offers comprehensive development programs, training, and onboarding to support your success. We value diversity, equity, and inclusion, fostering a respectful and supportive environment. Our community initiatives include the TD Ready Commitment, targeting a sustainable and inclusive future.

We look forward to your application!