Counterparty Analytics, Specialist (2414)

Work Location:
Toronto, Ontario, Canada

Hours:
37.5

Line of Business:
TD General

Pay Details:
$91,200 - $136,800 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:

Department Overview

Counterparty Analytics sits within Market Risk and is responsible for ensuring that TD Securities and other TD Bank Group trading units operate within counterpart credit risk appetite. Core accountabilities of Counterparty Analytics include:

• Counterparty risk exposure analysis and measurement including executing comprehensive stress testing.
• Overseeing collateral risk for Repo, Securities Borrowing/Lending, Prime Brokerage and OTC Derivatives
• Implement cutting-edge solutions to analyze and monitor credit policies and counterparty limits
• Ensuring strict adherence to OSFI's B2 Guideline and U.S. Single-Counterparty Credit Limits (SCCL)
• Committee and forum leadership by preparing meeting material and presenting on critical CCR management issues.

The team has a rare opportunity for a Specialist, which provides advanced oversight over the core accountabilities above.

Job Description

We are seeking a Counterparty Analytics Specialist to join our team. The primary responsibility of this role is Mark-to-Market (MtM) stress testing, ensuring robust risk measurement and scenario analysis for counterparty exposures. In addition, the Counterparty Analytics Specialist will contribute to a range of counterpart credit risk initiatives, including regulatory reviews, governance reporting, and strategic risk projects. This role requires strong analytical skills, attention to detail, and the ability to communicate complex risk topics to senior stakeholders.

Key Responsibilities:

MtM Stress Testing and Risk Analysis

• Perform MtM stress testing to assess counterparty exposures under extreme market conditions.
• Develop and enhance stress scenarios aligned with internal risk frameworks and regulatory expectations.
• Investigate drivers of credit exposure movements and communicate findings to senior management.
• Collaborate with credit writers and adjudicators to ensure they understand both specific counterparty vulnerabilities and broader exposure trends, enabling informed credit decision-making.

Regulatory Reviews & Compliance

• Ensure alignment with evolving CCR regulations.
• Collaborate with Risk Partners and industry groups on internal and external regulatory reviews.
• Prepare documentation and responses for regulatory inquiries and audits.

Counterparty Credit Risk (CCR) Committees and Governance

• Prepare reports and presentations for CCR committees, ensuring clear articulation of risk insights.
• Present key risk findings, stress test results, and portfolio trends to senior risk leadership.
• Contribute to the development of CCR policies, frameworks, and governance enhancements.

Strategic Delivery & CCR Initiatives

• Act as a subject matter expert (SME) on strategic delivery initiatives, supporting the integration of risk analytics and reporting enhancements.
• Work on CCR model enhancements, data automation, and technology projects to improve efficiency.
• Partner with IT, Project Management and Business stakeholders to drive risk infrastructure improvements.

Job Requirements

• Experience
  • Minimum of 4 years in Counterparty Credit Risk, Market Risk, Risk Analytics, or related financial risk discipline.
• Technical Skills
  • Strong understanding of MtM exposure calculation for OTC derivatives and securities financing transactions (SFT), stress testing methodologies, and counterparty risk metrics (e.g. PFE).
  • Familiarity with SA-CCR, FRTB and regulatory stress testing frameworks.
  • Proficiency in Excel, Python or other data analysis tools is a plus.
• Communication & Leadership
  • Ability to present complex risk insights to senior stakeholders and regulators.
  • Strong problem-solving and analytical mindset, with attention to detail.

Education and Accreditation

• Bachelor's or Master's in Finance, Risk Management, Mathematics, Statistics, or a related field.
• CFA and/or FRM would be considered an asset

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.

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. 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.

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):
Sans Objet