Work Location:Toronto, Ontario, CanadaHours:37.5Line Of Business:Risk ManagementPay Details:69,700 - 98,400 CAD (base pay may vary based on skills, experience, and location)Job DescriptionDepartment OverviewMarket 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 support 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, analysed and transparent.Position OverviewWe 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, analysing and managing market risks across various asset classes, providing critical insights to senior management and helping shape strategic decisions to manage market volatility and financial risks effectively.Key ResponsibilitiesMarket Risk AssessmentIdentify 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 analyse 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.Risk Reporting & AnalysisDevelop, 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, their 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 and 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.Collaboration & StrategyWork 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.Regulatory ComplianceEnsure all market risk practices and procedures comply with relevant regulatory requirements and internal policies.Stay updated on industry regulations and evolving risk management standards.Continuous ImprovementStay 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.QualificationsEducation- Bachelor’s degree in Finance, Economics, Mathematics, Engineering or a related field. A Master’s degree or professional certifications (e.G., FRM, CFA) preferred.ExperienceMinimum of 2‑3 years of experience in market risk management. FX experience preferred.Strong experience in risk analytics, portfolio management and financial modelling.Proven track record of working with financial instruments and derivatives.SkillsExpertise in quantitative analysis, derivative products (FX Swaps, FX Forwards, FX Options, Cross‑Currency Swaps etc.), financial modelling 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).Familiarity with financial regulations, including Basel III and Dodd‑Frank.Excellent communication (written and spoken) and presentation skills, with the ability to translate complex technical information for various stakeholders.Personal AttributesStrong analytical thinking and problem‑solving abilities.Attention to detail and the ability to work under pressure in a fast‑paced environment.Ability to collaborate with cross‑functional teams and influence decision‑making.Accountability, independence and initiative.Why Join UsOpportunity to work in a collaborative and high‑impact workplace.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.Work activities include a blend of highly collaborative activities and individual deliverables. Individuals are expected to be on‑site 4 days a week effective 3 Nov 2025.



Colleagues may spend more or less days in office as required by the business line.Who We AreTD 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, and we believe that all colleagues, no matter where they work, are client facing.Our Total Rewards PackageOur Total Rewards package includes a base salary, variable compensation and several 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.Additional InformationWe’re delighted that you’re considering building a career with TD. Through regular development conversations, training programmes 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 DevelopmentIf you’re interested in a specific career path or 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 programmes to help you unlock future opportunities.Training & OnboardingWe will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.Interview ProcessWe’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.AccommodationYour 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#J-18808-Ljbffr

📌 Senior Market Risk Analyst, Global Foreign Exchange - C$69,700 - C$98,400 A Year (Toronto)
🏢 TD
📍 Toronto