Analyst jobs in Canada

Toronto, Ontario, Canada

37.5

Risk Management

69,700 - 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.

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.

Market Risk (MR) is responsible for managing the ever-changing and dynamic world of trading and non-trading market risk, counterparty credit, margin management and liquidity risk. Within MR, we are accountable for supporting TD Securities and TBSM business objectives in accordance with TD's risk appetite and regulatory expectations. MR provides independent oversight of enterprise-wide market, counterparty credit and liquidity risks; ensuring all significant risks are appropriately measured, reported, analyzed and transparent.

We are seeking an experienced and highly skilled Senior Market Risk Analyst to join our dynamic Market Risk Management team. The successful candidate will play a pivotal role in assessing, analyzing, and managing market risks across various asset classes. This individual will provide critical insights to senior management, helping shape strategic decisions and ensuring the firm is well-positioned to manage market volatility and financial risks effectively.

As a Senior Market Risk Analyst within the Global Foreign Exchange team, you'll be part of a group that is responsible for providing market risk oversight and reporting across risk sensitivities, VaR, and Stress for the GFX businesses (covering FX Options and Short term interest rate trading); ensuring that these risks are understood, appropriately measured, and that the business operates within risk appetite. In addition, the team executes infrastructure changes with regards to the implementation of new or revised risk policies, regulatory requirements, system updates, ad-hoc measurements used by the Bank to monitor market risk holistically. The Market Risk team is a global business supporting trading activities in Toronto, New York, Calgary, Singapore, London, and Dublin.

• Identify and assess risks related to market movements, including interest rates, FX Spot, FX vols, and other related factors.
• Keep abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impacts.
• Conduct stress testing and scenario analyses to evaluate potential impact on the company's portfolio.
• Actively manage relationships within and across various business lines, corporate and/or control functions and ensure alignment with enterprise.
• Proactively analyze potential risks and ensure key risks are aggregated / escalated to appropriate areas.
• Support established enterprise-wide risk escalation, review and approval processes, policies and risk assessment processes.
• Support the Senior Managers / Managers of the Market Risk team in fulfilling the group's mandate.

• Develop, produce and maintain comprehensive market risk reports, ensuring data accuracy and relevance.
• Provide in-depth analysis and commentary on risk exposures and market trends to senior management.
• Understand system and model changes, its results, and impacts, to our risk and valuation results and processes.
• Validate daily market risk, VaR, Stressed VaR and Backtesting exposures are captured, aggregated, and reported with completeness and accuracy in accordance with existing market risk policies.
• Compare day over day Risk metrics & VaR results against existing risk metrics. Also, perform analysis to provide periodic commentary for various Risk Management audiences.
• Continuously reinforce business knowledge such as trading strategies and analytical principles underlying the pricing and risk management of financial derivatives
• Create new tools to enhance existing daily production experiences using Python and/or other programming languages.

• Work closely with trading, portfolio management, and finance teams to identify and mitigate market risks within portfolios and trading strategies.
• Advise business units on potential market risks and assist in the development of risk mitigation strategies.

• Ensure all market risk practices and procedures comply with relevant regulatory requirements and internal policies.
• Stay updated on industry regulations and evolving risk management standards.

• Stay current on market trends, financial instruments, and risk management techniques.
• Propose and implement improvements to risk management processes and systems to enhance efficiency and effectiveness.

• Bachelor's degree in Finance, Economics, Mathematics, Engineering, or a related field. A Master's degree or professional certifications (e.g., FRM, CFA) is preferred.

• Minimum of 2-3 years of experience in market risk management. FX experience preferred.
• Strong experience in risk analytics, portfolio management, and financial modeling.
• Proven track record of working with financial instruments and derivatives.

• Expertise in quantitative analysis, derivative products (FX Swaps, FX Forwards, FX Options, Cross Currency Swaps etc.) financial modeling, and advanced Excel skills.
• Strong understanding of risk metrics, such as VaR, stress testing, and scenario analysis.
• Proficiency in risk management tools, coding and software is nice to have (e.g., Python, Bloomberg, Tableau, Microsoft Excel, etc.).
• Familiarity with financial regulations, including Basel III and Dodd-Frank.
• Excellent communication (both written and spoken) and presentation skills, with the ability to translate complex technical information for various stakeholders.

• Strong analytical thinking and problem-solving abilities.
• Attention to detail and ability to work under pressure in a fast-paced environment.
• Ability to collaborate with cross-functional teams and influence decision-making.
• Ability to demonstrate accountability, independence and taking initiatives

• Opportunity to work in a collaborative and high-impact environment.
• Exposure to a wide range of financial products and market dynamics.
• Competitive compensation and benefits package.
• Professional development opportunities in risk management and financial markets.

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.

TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you've got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we're here to support you towards your goals. As an organization, we keep growing – and so will you.

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

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.

We offer 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.

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

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.

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.

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