Quantitative Market Risk Analyst Jobs in Toronto, ON

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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 Market Risk- Rates team are looking for a highly skilled Market Risk Analyst to join our dynamic team which covers Canadian Interest Rate Trading and IRT (Interest Rate Internal Risk Transfer). The ideal candidate will be responsible for identifying, analyzing, and challenging market risks that could impact the risk appetite and capital of our organization. Key responsibilities include monitoring market conditions, assessing risk exposures, and developing risk management policies. This role requires understanding of financial markets, risk management principles, and regulatory requirements. The Market Risk Analyst will work closely with various departments, including trading businesses, Product Control/Finance, and compliance, to develop risk management practices, processes, and methodologies. The successful candidate will have strong analytical skills, excellent communication abilities, and a proactive approach to problem-solving. Key responsibilities include monitoring market conditions, assessing risk exposures, and developing risk management policies.

KEY ACCOUNTABILITIES

• Monitor market conditions and assess risk exposures regarding Market Risk, VaR/Stress, while ensuring all analysis is complete and accurate with thorough commentary, and escalating issues in a timely manner.
• Identify and analyze market risks that could impact the organization.
• Prepare and present risk reports to senior management.
• Conduct stress tests and scenario analyses.
• Ensure compliance with regulatory requirements.
• Collaborate with trading businesses, Product Control/Finance, and compliance.
• Review and comment on significant P&L drivers by highlighting relationships between market risk events and risk exposures.
• Provide guidance and support to other departments on risk-related matters.
• Stay updated on market trends and regulatory changes.
• Participate in projects that test implementation of risk management tools and systems and provide requirements for implementation.
• Participate in regular risk assessments and audits.
• Develop and maintain risk management policies and procedures.
• Participate in the development of contingency plans for potential market disruptions.

Requirements

• Bachelor's degree in Finance, Economics, or a related field such as Quantitative Finance or Computer Sciences.
• Master's degree or professional certification (e.g., CFA, FRM) preferred.
• Strong understanding of financial markets and instruments.
• Proficiency in risk management tools and software.
• Excellent analytical and problem-solving skills.
• Strong communication and presentation abilities.
• Knowledge of regulatory requirements and standards.
• Ability to work under pressure and meet tight deadlines.
• Attention to detail and accuracy.
• Proactive and self-motivated approach.
• Strong organizational and time management skills.
• Ability to work collaboratively with cross-functional teams.
• High level of integrity and ethical standards.
• Experience in developing and implementing risk management policies.
• Knowledge of quantitative risk assessment techniques.
• Ability to interpret and analyze complex financial data.
• Strong decision-making skills.
• Experience in preparing risk reports for senior management.
• Advanced programming skills in Python will be preferred.

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.

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.

If you're passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact.

We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best.

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):