Credit Risk Analyst (Banking)

The Capital Markets Risk Management (CMRM) area is part of the TD Bank Corporate Risk Management function. Our teams are accountable for the generation and monitoring of an independent view of the Profit and Loss, Market Risk, Counterparty Credit Risk, Collateral and Valuation activities of The Bank's global trading activities. We support trading and non-trading business initiatives, inform an array of risk management decisions, and facilitate business through managing evolving front office needs, while ensuring appropriate capture and control of risk. Within CMRM, the Counterparty Credit Risk (CCR) team is responsible for a number of activities related to the quantitative analysis of credit risk, policy implementations, and exception management across a number of trading and non-trading businesses within TD Bank Group. An Analyst within the Credit Exceptions team will primarily be focused on analysis, reporting, and monitoring of risk exposures ensuring that they are in accordance with established counterparty credit limits. The incumbent is expected to execute on infrastructure changes with regards to new or revised credit facilities. The role will involve close partnership and interaction with a wide range of areas, including credit risk management, global counterparty credit, market risk control, model development, front office, audit, and change delivery. The Analyst, Credit Exceptions would be accountable for the following core responsibilities, but are not limited to: • Generate accurate and complete processes to measure and report on exposures ensuring that all reports are submitted as per reporting guidelines. • Ensure risks within portfolios covered are correctly measured, aggregated, and analyzed in accordance with established and approved CAIRO counterparty limits. • Provide analysis, reporting and monitoring of risk exposures and adhere to internal standards with regards to violations and the escalation of production issues. • Propose, schedule, plan and champion projects to improve efficiencies in order to provide more effective business support. • Execute infrastructure changes with regards to implementation of new or revised policies or processes. • Ensure internal control processes are adequate and documented appropriately as per the governance standards including establishing appropriate review and assessment of the quality of outputs based on business standards. • Manage operational risk (e.g., cross-training, documentation, and audit). • Liaise closely with the Bank's front office traders, Credit Risk Management (CRM), Global Counterparty Credit (GCC), audit, technology groups, and other stakeholders to assist in meeting the Bank's objectives. • Perform ad-hoc analyses of specific metrics/exposures/transactions as required by management and stakeholders. • Maintain a good understanding of the analytical principles underlying the risk management of financial derivatives, including issues that arise regarding financial modeling of products for risk purposes • Complete monthly reconciliation to ensure accuracy of risk captured Job Requirements • Strong knowledge of financial products, and counterparty credit risk. • Experience with performing impact assessments, drafting requirements, and performing testing for projects. • Self-starter with a high degree of initiative and the ability to learn and adapt quickly • Strong analytical skills and attention to detail • Strong organizational, follow-up and priority-setting skills to handle multiple tasks/projects • Self-motivated, well organized, able to work both independently and in a team environment • Strong interpersonal skills are required, as the candidate will be called upon to demonstrate leadership in the team • Excellent verbal and written communication skills • Candidates with experience in Risk Management roles will be favourably positioned • Technical skills (Excel/SQL/VBA/Python etc) will also be viewed favourably.
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. 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. 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.
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