CAN - Risk Analyst III - 55229

Business Unit: Financial Risk Management, TD Securities (S_1012466)

Duration: 10 months

Extension possible: Possible

Conversion Possible: Possible

Interview Process: 2 rounds

Work Location (Remote, Hybrid or Both?): Hybrid - 2 days (Mon & thurs)

CANDIDATE PROFILE DETAILS:

Years of experience: 3-6 years

Reason for request/why opened: additional work

% Interaction with Stakeholders: 20-30%

Team Size: 6

Project: will work on production tasks, further projects will mostly be assigned

Selling Point of the position: possibility of extension and conversion to full-time

How will performance be measured: accuracy, feedback from stakeholders/team members

Best vs Average Candidate: someone who has Counterparty Credit Risk exp, capital market risk mgt exp, who has Masters degree or CFA degree, detailed oriented, automation skills

SUMMARY OF DAY-TO-DAY RESPONSIBILITIES:

Reporting to the Group Manager, Counterparty Credit Risk, this position plays a key role in the establishment and rollout of credit analytics across The Bank. The successful candidate will:

• Build a detailed understanding of the various derivative and financing businesses which Market Risk & Counterparty Analytics supports.

• Provide ad-hoc support to Front Office and Credit Management to facilitate trading of existing and new products.

• Review daily counterparty credit risk exposures and investigate any credit anomalies.

• Perform daily analysis of potential future exposure and various capital measures.

• Provide credit related subject matter expertise for a high number of ongoing strategic initiatives with the Firm.

• Provide ad-hoc data mining and risk reporting when required in support of internal or external requests.

• Perform assessment and monitoring of Counterparty Credit Wrong Way Risk in accordance to the bank’s risk appetite and credit policies.

• Highlight key risks in specific business lines and in the firm as a whole, and provide ongoing commentary on stress results.

• Work closely with the Trading desk, Technology, Finance, Model Development and Credit Management providing expert knowledge and support to ongoing credit risk analytics.

• Act as a subject matter expert for Counterparty Credit Risk Systems.

• Maintain an understanding of regulatory landscape related to risk reporting and capital measures.

• Assist in quantitative aspects of risk policies involving credit exposures to counterparties.

• Maintain thorough understanding of all key risk and risk-related issues through continual review of risk reports/related data and dialogue with relevant parties.

• Provide assistance to Technology Solutions in model implementation.

• Continuously enhance the methodologies implemented in risk.

MUST HAVE:

• 3-6 years prior capital markets work experience primarily focused on counterparty credit risk is required.

• Knowledge of Basel III, FINRA 4210, and emerging regulations.

• Bachelor’s Degree specializing in finance, risk management, or other quantitative discipline.

• Proficient in MS Excel.

• Strong quantitative background and experience producing analytical reports.

• Knowledge in data processing techniques and their application to management control information systems.

• Ability to prioritize multiple tasks and deliver results in a fast-paced environment.

NICE TO HAVE

• CFA / FRM candidates preferred - working towards CFA/FRM is accepted too.

• A master’s degree in finance, risk management, or other quantitative discipline is an asset