Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

Risk Management

Pay Details:

$108,800 - $163,200 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:

Department Overview

The Market Risk team is responsible for an independent oversight of enterprise-wide traded market and counterparty credit risk,  while ensuring all significant risks and results are measured and reported. Our professionals thrive in providing guidance to business leaders on risk positions, strategies and capital by assessing and reporting the Bank's trading market risk activity, measuring the portfolio under stress scenarios and assessing capital requirements. If you want to be a brand ambassador who can help strive efficiencies for the bank, then join our team and make an impactful contribution to TD and your own success.

Job Description Summary

Lead, develop, and oversee a broad, highly specialized, and diverse team of Market Risk professionals who provide leadership in ensuring all significant market risks are appropriately understood, analyzed and measured against TD's risk appetite.

Provides effective challenge, oversight, and outcomes, while operating within the Bank's risk appetite. Acts as a thought leader for the evolution of the Trading Market Risk Stress Testing framework, methodology and capabilities.

Job Description

Lead the Market Risk stress testing program, including oversight and maintenance of stress testing policies and processesOversee and lead a large, complex and diverse reporting function responsible for the generation and explanation of key Risk Committee of the Board and regulatory risk metricsLead various stress testing initiatives, including Dodd-Frank Act Stress Test (DFAST), Enterprise-Wide Stress Testing (EWST), Macro Stress Test (MST) in addition to ad-hoc analysis and commentary to assess emerging risksSummarize findings, including drivers and attribution of resultsFacilitate key strategic discussions to evolve the stress testing framework and provide thought leadership to executive audience (output may include strategic roadmap and/or deliverables/ frameworks/ short to long-term goals, technological capabilities etc.)Lead activities to develop and enhance stress testing methodologiesProvide analytical expertise on all trading market risk related activities, providing effective challenge while supporting business growth within TD Securities' risk appetiteAnalyze new product requests to ensure that market risks and valuation are well understood, and that appropriate stress measures, market risk limits and controls are establishedMaintain thorough understanding of all key risk and risk-related issues through continual review of risk reports/related data and dialogue with relevant parties.  Ensure that all risks are transparent to Risk Management, Business Leaders and Senior ManagementInteract with the stakeholders across the organization including Front Office, Finance, Model Development, Technology, Economics department, Internal Audit and various other control groupsParticipate in industry calls and collaborate with peers across other financial institutionsMonitor the effectiveness of strategies, programs, and practices and identify areas for improvementLead a high performing team; provide on-going feedback and performance reviews, coach and develop employeesMeet requirements of emerging Enterprise standards and policiesKeep abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impactsSupport an environment where team is empowered to escalate issues Foster an environment that promotes innovation, creative thinking, problem solving and collaboration

EXPERIENCE & EDUCATION

Advanced degree in Finance, Economics, Mathematics or other relevant discipline10+ years of relevant experience in Capital Markets, Market Risk or related control functionsPrior experience with stress scenario analysis and stress design is an assetStrong communication skills with the ability to build relationships with cross functional teams and stakeholders at multiple levels.Robust organizational skills with the ability to work in a demanding environment and handle multiple deadlines and prioritiesAdvanced critical thinking, analytical and problem-solving skillsPrior experience in managing complex infrastructure changes is an assetExperience working with data analysis and visualization tools

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 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
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.

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. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD – and we’re committed to helping you identify opportunities that support your goals.
 

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.

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.

We look forward to hearing from you!

Language Requirement (Quebec only):

Sans Objet