Risk Analyst, Collateral Analytics

  • Full Time
  • Toronto

TD Bank

Work Location:

Toronto, Ontario, Canada



Line of Business:

Risk Management

Pay Details:

We’re committed to providing fair and equitable compensation to all our colleagues. As a candidate, we encourage you to have an open dialogue with a member of our HR Team and ask compensation related questions, including pay details for this role.

Job Description:

Department Overview:

Collateral Risk Management sits within Capital Markets Risk Management (CMRM) which is responsible for the market and credit risk of TD Securities.

A global, multi-faceted and cross product team, the primary objective of the Collateral Management department is the mitigation of counterparty credit risk through the active monitoring of clients’ derivative and securities financing portfolios. The department manages collateral for the Toronto, New York, London and Singapore regions.

The team has a rare opportunity to support products and business ranging from foreign exchange, commodities, credit, equity, interest rates, securities financing, and prime brokerage.

The team manages a wide range of complex processes, with members developing skills and competencies around derivative and security products and their respective business areas, legal agreements, technology flows and regulations.

Job Description:

An Analyst within Collateral Management will primarily be focused on the effective and efficient mitigation of counterparty credit risk. The Analyst will need to demonstrate innovation and a proactive approach to risk mitigation by highlighting inefficiencies, risks and implementing improvements.

In addition, they will be expected to provide a high level of service to their clients.

The role will involve close partnership and interaction with a wide range of areas, including credit, middle office, legal, front office, settlements, and corporate treasury. As a result the successful candidate will be required to possess strong communication skills.

Analysts within Collateral Management are accountable for the following core responsibilities, but are not limited to:

• Investigation, escalation, and resolution of valuation discrepancies to ensure that the bank is accurately collateralized

• Policy reporting and analysis

• Collateral optimization.

• Participate and add value to projects impacting the Collateral Management Department

• Cross train to develop a broad level of understanding across the varied functions within CRC

• Contribute their own ideas to make a difference and add value to the group.

• Participate in industry working groups and be informed about regulatory changes and industry related initiatives

• Ongoing, proactive risk management via staying abreast of risk issues in the capital markets and assessing impacts on our exposures

• Seek opportunities to increase operational efficiency and lower operational risk through process reengineering

• Keep management informed of market activities and potential risk to the bank with clear and concise recommendations on risk mitigation

• Prepare dashboards and proactively meet with senior management (Credit Risk Management, Credit Management, Front-Office, Market Risk Control etc.) to review

• Performing a number of control functions and adhering to the CMRM Standards to ensure the integrity of our processes.

• Establish an environment that promotes respect for the individual employee and adheres to the policies and guidelines of the Bank

Job Requirements:

• At least one year of capital market experience or relevant collateral management experience

• Strong communication skills both written and verbal

• Self-starter with a high degree of initiative and the ability to learn and adapt quickly

• Strong analytical skills and attention to detail.

• An undergraduate or graduate degree in Business, Economics, Mathematics, Finance, or another quantitative discipline

• CFA and/or FRM would be considered an asset

• Ability to process and handle confidential information with discretion

• Ability to analyze, organize and prioritize work while meeting multiple deadlines

• Ability to set priorities and complete assignments on time, and work under pressure and meet required deadlines

• Skill in conflict resolution and negotiation skills to collaborate across internal and/or external groups/partners

• Skill in developing, designing or creating new applications, ideas, relationships, systems or products

• Skill in encouraging and building mutual trust, respect and cooperation among team members

• Ability to provide guidance and expert advice to management or other groups on technical, systems or process related topics

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.

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.

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: