JOB DESCRIPTION:

Department Overview :
A World-Class, Diverse, Inclusive and Forward-Thinking Risk Management Team. Curious, creative, innovative, independent. Do any of these attributes describe you? If so, then you may be perfectly suited for our team.
The Enterprise Non-Trading Market Risk (ENTMR) team is a part of the Treasury Risk Oversight second line of defense organization. Treasury Risk Oversight is responsible for providing independent oversight and challenge of the Bank’s capital, liquidity, and non-trading market risk (or interest rate risk in the banking book).

ENTMR’s mandate includes:

• Setting the Bank’s NTMR risk appetite working with the first line of defense, and developing & maintaining risk frameworks where limits are respected and consistent with the Bank’s risk appetite
• Challenge functional specifications and implementation choices to ensure that Treasury risk systems are designed to provide comprehensive, flexible, and transparent analysis and reporting features
• Providing independent oversight over risk measures, which includes independent review, challenge, and approval of scenario designs, measurement input (e.g., assumption, methodologies…) and review of results
• Setting the second line of defense governance structure, including the decision-making model and the roles & responsibilities of all ENTMR stakeholders

JOB DESCRIPTION:

The role requires an individual with experience and/or knowledge of treasury and risk management functions at a financial institution and would benefit from experience with QRM (quantitative risk management software).

The accountabilities of the Risk Manager role include, but are not limited to:

• Providing effective challenge and risk management insights related to key interest rate risk measures, such as Economic Value of Equity and Net Interest Income Sensitivities.
• Provide strategic advice on interest rate risk methodologies, scenarios, systems, and reporting, to future-proof NTMR’s analytical tools and capabilities
• Providing in-depth technical leadership and expertise in the oversight of non-trading market risk across the Enterprise
• Oversight of the QRM platform, and ownership of the second line of defense strategy for the software’s use
• Building a maintaining strong relationship with key Business Partners
• Providing oversight and thought leadership to reporting and governance controls including implementation and change controls of measurement input through expertise and highly specialized knowledge of analytical concepts and techniques.
• Understanding the requirements of Interest Rate Risk in the Banking Book (IRRBB) standards and their implication to the Bank
• Proactively build awareness of key risk issues by educating business leaders and providing training to the team

JOB REQUIREMENTS:

• Advanced verbal and written communication skills, inclusive of the ability to communicate effectively for senior executive consumption.
• Strong knowledge of Risk Management concepts and the role of an independent second line oversight function
• Knowledge of Treasury functions and capital markets
• Experience in the following areas is an asset but not required: process and system implementation, change controls, and QRM knowledge
• The ability to inspire a positive work environment and champion quality, innovation, and teamwork.
• Commitment to on-going learning
• Ability to find creative solutions to complex problems

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.

• Providing effective challenge and risk management insights related to key interest rate risk measures, such as Economic Value of Equity and Net Interest Income Sensitivities.
• Provide strategic advice on interest rate risk methodologies, scenarios, systems, and reporting, to future-proof NTMR’s analytical tools and capabilities
• Providing in-depth technical leadership and expertise in the oversight of non-trading market risk across the Enterprise
• Oversight of the QRM platform, and ownership of the second line of defense strategy for the software’s use
• Building a maintaining strong relationship with key Business Partners
• Providing oversight and thought leadership to reporting and governance controls including implementation and change controls of measurement input through expertise and highly specialized knowledge of analytical concepts and techniques.
• Understanding the requirements of Interest Rate Risk in the Banking Book (IRRBB) standards and their implication to the Bank
• Proactively build awareness of key risk issues by educating business leaders and providing training to the tea