Senior Treasury Asset and Liability Management Analyst

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

Job summary

TD Bank's Treasury and Balance Sheet Management (TBSM) ALM team in Toronto is seeking an Analyst to develop risk measurement models, analyze asset and liability portfolios, and support balance sheet forecasts and reports.

You will collaborate with senior colleagues, mentor junior analysts, and ensure timely, accurate analytics that inform management decisions while navigating regulatory requirements and governance standards.

Qualifications

• SQL skill is required and other programming languages are assets.
• Strong foundation in asset and liability management and related areas.
• Experience with financial modeling and quantitative analysis is preferred.
• Ability to translate complex information into practical advice and collaborate with stakeholders.

Responsibilities

• Develop and maintain financial models used for risk measurement in ALM.
• Analyze asset and liability portfolios, identify trends, reconcile cash flows, and support forecasts.
• Develop and maintain applications and implement changes with minimal service disruption.
• Diagnose and resolve problems in collaboration with internal and external partners.
• Produce reports and analyses, draw conclusions, and provide recommendations to management.

Skills

SQL

Other programming languages

Asset & Liability Management

Risk analytics

Education

Post-secondary degree

Job description

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

Finance

Pay Details:

$81,600 - $115,200 CAD

This role is eligible for a discretionary variable compensation award that considers business and individual performance.

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 Opportunity

Join Treasury's Asset and Liability Management team and help conduct and enhance reporting processes, control frameworks, forecasts and analytics related to the Bank's balance sheet. You will provide analytical support to senior colleagues, help guide junior analysts and contribute to accurate, efficient and comprehensive reporting.

TD Department Overview:

The Treasury and Balance Sheet Management (TBSM) department of TD Bank is responsible for overseeing the management of TD's consolidated non-trading market risk, funds transfer pricing measurement framework, funding strategies, liquidity risk and capital position. TBSM prides itself on fostering a culture that emphasizes development, open-mindedness, shared success, strong partnerships and value-add initiatives. Significant emphasis is placed on developing people through a teaching culture, collaboration across teams and a commitment to diversity and inclusion to create an environment where individuals are encouraged to grow, challenge ideas constructively and contribute meaningfully to Treasury's objectives.

TBSM ALM Team Overview:

The Asset & Liability Management (ALM) team within Treasury is responsible for the measurement, management and optimization of the Bank's Non-Trading Market Risk (NTMR). The team plays a critical role in ensuring the institution remains financially resilient and strategically aligned by overseeing structural interest rate risk, balance sheet dynamics, hedging strategies and earnings sensitivity. Through disciplined analytics and risk identification, ALM supports Treasury's mandate to deliver stable, sustainable earnings while operating within the Bank's risk appetite and regulatory expectations.

ALM Measurement (or MRMA Measurement) Team Overview:

is a centralized function within TBSM responsible for the production, analysis, governance, and control of NTMR and Interest Rate Risk in the Banking Book (IRRBB) measurement activities. The team supports TBSM's responsibility to understand and manage structural market risks arising from the Bank's banking-book positions and provides accurate, complete, and timely risk measurement results support balance sheet management, internal and regulatory reporting, financial disclosure, and management decision-making.

What you'll do

• Develop and maintain financial models used to generate risk measurement information for Asset and Liability Management.
• Analyze asset and liability portfolios, evaluate trends, reconcile cash flow activity and support balance sheet and Net Interest Income forecasts.
• Develop, document and maintain assigned applications, and implement changes to the technology base in an orderly manner with minimal service disruption.
• Diagnose and resolve problems of varying complexity, collaborating with internal and external partners where expertise or cooperation is required.
• Conduct reporting and meaningful analysis, draw conclusions and make recommendations for management or broader audiences.
• Support improvements to processes, controls, documentation and reporting while maintaining alignment with internal policies and regulatory requirements.
• Lead moderately complex projects, end-to-end processes or functional programs within the area of expertise.
• Share knowledge, mentor colleagues and keep stakeholders informed on project status, issues and relevant developments.

What you bring

• In-depth expertise in Asset and Liability Management and working knowledge of broader related areas.
• Experience developing financial models, performing quantitative analysis and translating complex information into practical advice.
• The ability to solve complex problems involving multiple variables and stakeholders and to recommend process, product or service improvements.
• Strong communication and relationship-management skills, with the ability to convey business context to internal and external stakeholders.
• A well-managed approach to risk, controls, confidentiality and evolving regulatory requirements.

Your impact

• Strengthen the accuracy, efficiency and usefulness of balance sheet, Net Interest Income and interest rate risk analysis.
• Improve processes, models, controls and reporting used to support Asset and Liability Management decisions.
• Build team capability through knowledge sharing, guidance and continuous improvement.

Qualifications and Experiences

• Post-secondary degree
• SQL skill is a MUST, and other programming languages considered assets
• CFA, FRM, MBA considered assets
• Principles of asset/liability management, capital markets, and how Treasury deliver value
• Superior understanding of capital market instruments including bond and interest rate derivatives.
• Superior understanding of risk measurement and valuation concepts (cash flow, PV, IRR, duration, convexity, etc.).
• TBSM processes and how they interconnect considered an asset
• The features and characteristics of retail banking products
• Market Risk concepts and their application to banking products
• Coordinating cross functional teams to deliver key initiatives
• Managing projects, gathering & analyzing business requirements and explaining requirements to system developers
• Mapping-out/re-engineering processes and workflows, including associated change management
• Communicating with all levels of the organization, including senior management
• Simplifying complex concepts and business results in terms understandable by audiences with varied backgrounds & seniority levels

Competencies and Personal Qualities:

• Excellent interpersonal and communication skills
• Self-starter with a proven ability to meet deadlines, own initiatives, and work effectively under minimum supervision.
• Strong conceptual, analytical, and problem-solving capabilities. An ideal candidate is self-driven individual with a strong sense of curiosity, able to assess potential drivers and resolutions when issues rise.
• Able to multitask while maintaining attention to detail with tight timelines.
• Quick to learn and apply new concepts
• Demonstrated strong critical thinking, problem solving and analytical abilities
• Approach responsibilities with diligence and initiative, taking ownership of issues to ensure successful outcomes, able to work independently with minimal supervision
• Exceptional organizational skills with an ability to prioritize and manage competing initiatives
• Challenge the status quo and exhibit a forward-looking mindset to identify enhancement opportunities that are efficient and scalable

Work activities include a blend of highly collaborative activities and individual deliverables. Individuals are expected to be onsite 4 days a week. Colleagues may spend more or less days in office as required by the business line.

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. 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.

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. We look forward to hearing from you!

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 (Quebec only):

Sans Objet