JOB DESCRIPTION:

This position requires a results-oriented individual whose responsibilities will include:

• Assisting in the management of the mortgage pipeline, including hedging strategy in conjunction with business partners, pipeline analysis, and ongoing performance monitoring;
• Participation in project initiatives to enhance the measurement and management of interest rate risk in the banking book;
• Performing deep dives into retail product modelling and identifying necessary enhancements or areas of improvement;
• Fostering strong relationships with all stakeholders related to non-trading market risk management both within Treasury, Technology, and external business partners; and,
• Communication of key proposals, findings and analysis through memos, slides, and personal interaction with Treasury senior management.

EXPERIENCE AND EDUCATION

• 3+ years experience in Treasury/ALM, Capital Markets, Risk Management, and/or Finance
• Post-secondary degree in a related field (e.g. Finance, Business, Economics, etc.) is an asset
• Dual background/experience in a quantitative field (e.g. Math/Engineering/Data Analytics) and Accounting/Finance is an asset

JOB REQUIREMENTS:

Technical Skills and Knowledge :

• General understanding of Asset & Liability Management principles and practices
• Strong understanding of interest rate derivatives (e.g. interest rate swaps and swaptions) valuation principles
• Knowledge of market risk concepts as they relate to retail banking products
• Strong conceptual, analytical and problem-solving skills in the context of market risk measurement of banking book products
• Data analytics capabilities to query, wrangle, analyze and derive insights from data, using tools such as SQL, Python, R, Tableau and Power BI

S oft Skills & Communication:

• Ability to work effectively with other teams to develop good business relationships
• Ability to take the ownership and to drive a process/project forward
• Ability to work independently in an unstructured and fast-paced environment
• Excellent verbal and written communication skills
• Good organizational skills, with the ability to prioritize and manage competing requirements simultaneously
• Ability to effectively summarize and communicate proposals and findings to senior leaders and external stakeholders
• Ability to exercise good business judgment in assessing, troubleshooting and resolving issues as they arise

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.

The Asset & Liability Management (ALM) team within Treasury is responsible for the measurement and management of non-trading interest rate risk in the retail bank. The team also partners with the other stakeholders within both Treasury and product areas to ensure appropriate measurement and monitoring of market risk in the banking book. The mandate includes:

• Development and performance measurement of effective ALM strategies,
• Development and maintenance of non-trading market risk measurement frameworks and methodologies; and,
• Ensuring appropriate measurement of market risk in the banking book

This position requires a results-oriented individual whose responsibilities will include:

• Assisting in the management of the mortgage pipeline, including hedging strategy in conjunction with business partners, pipeline analysis, and ongoing performance monitoring;
• Participation in project initiatives to enhance the measurement and management of interest rate risk in the banking book;
• Performing deep dives into retail product modelling and identifying necessary enhancements or areas of improvement;
• Fostering strong relationships with all stakeholders related to non-trading market risk management both within Treasury, Technology, and external business partners; and,
• Communication of key proposals, findings and analysis through memos, slides, and personal interaction with Treasury senior management.