05 Oct
|
The Toronto-Dominion Bank (Canada)
|
Toronto
05 Oct
The Toronto-Dominion Bank (Canada)
Toronto
Work Location: Toronto, Ontario, Canada Hours: 37.5 Line of Business: Risk Management Pay Details: 96,900.00 - 136,800.00 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 Summary Support the Director, Trading Market Risk Stress Testing & Scenario Design in the execution, enhancement, and governance of TD's Trading Market Risk stress testing framework. The role will provide analytical leadership and effective challenge to ensure significant market risks are appropriately identified, analyzed, measured, reported, and escalated in line with TD's risk appetite. The Market Risk Manager will contribute to scenario design, stress testing methodology, regulatory and management reporting, and ad-hoc analysis of emerging risks. The role will partner with Market Risk colleagues, Front Office, Finance, Model Development, Technology, Economics, Internal Audit,
and other control groups to strengthen risk transparency and support continued evolution of stress testing capabilities. KEY ACCOUNTABILITIES Stress Scenario Design Support the execution, oversight, and maintenance of the Market Risk stress testing program, including stress testing scenarios, assumptions, documentation, and related processes. Contribute to the development and enhancement of stress testing methodologies, including scenario design, risk factor calibration, and analysis of portfolio vulnerabilities. Execute and support key stress testing initiatives, including Dodd-Frank Act Stress Test (DFAST), Enterprise-Wide Stress Testing (EWST), Macro Stress Test (MST), and ad-hoc scenario analysis to assess new and emerging risks. Prepare materials and analysis to support strategic discussions on the evolution of the stress testing framework, including roadmap items, methodology enhancements, governance deliverables, and technology capabilities. Review current product requests and business changes to assess market risk impacts, valuation considerations, and the adequacy of stress measures, limits, and controls. Reporting and Analysis Analyze stress testing results and summarize key findings, including drivers, attribution, concentrations, trends,
and potential implications for the trading market risk profile. Provide analytical expertise on trading market risk activities, delivering effective challenge while supporting business growth within TD Securities' risk appetite. Maintain a strong understanding of key risk and risk-related issues through review of risk reports, stress testing data, market developments, and dialogue with relevant stakeholders. Ensure material risks are transparent to Risk Management, Business Leaders, and Senior Management. Support internal governance forums, regulatory submissions, management reporting, and senior stakeholder communications related to stress testing and scenario analysis. Participate in industry calls and collaborate with peers across other financial institutions to identify leading practices and benchmark stress testing approaches. Monitor the effectiveness of stress testing strategies, programs, reporting, and practices, and identify opportunities to improve quality, efficiency, automation, and control discipline. Keep abreast of emerging market themes, regulatory expectations, and internal policy requirements, and assess potential impacts to scenario design and stress testing outputs. Leadership and Stakeholder Management Report to and support the Director, Trading Market Risk Stress Testing and Scenario Design, helping translate strategic priorities into executable deliverables and high-quality analysis. Lead workstreams or small project teams as required, providing guidance, review, and coaching to junior colleagues and supporting knowledge
📌 Market Risk Manager, Trading Market Risk Stress Testing & Scenario Design (Toronto)
🏢 The Toronto-Dominion Bank (Canada)
📍 Toronto