Manager, Regulatory Stress Testing Forecast

4 months ago

Toronto, Canada TD Bank Full time

**Work Location**:
Canada

**Hours**:
37.5

**Line of Business**:
Data & Analytics

**Pay Details**:
**Department Overview**

**The Treasury and Balance Sheet Management (TBSM) department of TD Bank Group is responsible for the management of TD Bank's consolidated non-trading market risk, foreign exchange risk, liquidity risk, funding strategies, and capital position, as well as coordination and execution of regulatory stress testing forecast.**

**BSFM Investments & Derivatives Team (BSFM I&D) is responsible for managing the end-to-end process for forecasting the TBSM Portfolios in hypothetical, future scenarios and partnering with Treasury Modeling and US Treasury for the methodologies around the hedging and FTP processes. This includes ownership of the forecast methodology and results for the assigned portfolio, as well as the results reporting and documentation for regulatory submission.**

**_The Manager, Regulatory Stress Testing Forecasting _**will enhance the forecast methodology and assumptions of TBSM US Investment Portfolio Forecast, including volume, NII, Mark-to-market and AOCI. The role will collaborate with multiple stakeholders including Investment Analytics, Treasury Modeling, Accounting, Technology, Model Validation, and Governance Team to ensure reasonable forecast results in the stress testing scenarios prescribed by regulatory and enterprise stress testing program.**

**This role is an excellent opportunity to use and further develop the Balance Sheet Management knowledge, particularly in liquidity/investment portfolio management, Funds Transfer Pricing and non-trading market risk management aspects.**

**KEY ACCOUNTABILITIES**

**Forecast Methodology**
- **Develop forecast methodologies and capabilities for US Investment Portfolio in DFAST / MST and other Stress Testing (ST) forecast.**
- **Develop and justifies non-quantitative assumptions for stress testing.**
- **Maintain up-to-date Securities Whitepaper and documentation on methodology, assumptions, and results interpretation.**
- **Develop and maintain strong business relationship during day-to-day interaction with US Liquidity, ALM, Investment, Modeling, Technology and Governance Teams**
- **Conduct or assist ad-hoc analysis for business partners and senior management, identify results trend and drivers**

**EMPLOYEE / TEAM**
- **Act as a SME working lead/resource to others. Work closely with senior leadership on significant projects.**
- **Provide thought leadership and/or industry knowledge for own area of expertise.**
- **Support a positive work environment that promotes service to the business, quality, innovation, and teamwork; ensure timely communication of issues/ points of interest.**
- **Identify and recommend opportunities to enhance productivity, effectiveness, and operational efficiency.**
- **Work effectively as a team, supporting other members of the team in achieving business objectives.**
- **Participate in knowledge transfer within the team and other business units, including participation in cross-functional groups or committees.**

**BREADTH & DEPTH**
- **Work autonomously and accountable for acting as a lead within a specialized analytics function and may provide work direction to others.**
- **Provide seasoned specialized knowledge, advice and/or guidance to various stakeholders and team members.**

**Hiring Requirements**

**EXPERIENCE & EDUCATION**
- **Strong knowledge in capital market product, Fixed Income and Derivatives.**
- **Experience with Stress Testing, Treasury, or Market Risk is preferred.**
- **Experience (5Y +) with capital market, financial instruments, derivatives, market risk valuation.**
- **Experience with query (SQL) and large quantity of data retrieval and analysis is a plus.**
- **Strong written and verbal communication skills.**
- **A highly analytical person with excellent skills in Microsoft Excel and PowerPoint, and with ability to think conceptually.**
- **Minimum undergraduate degree in Business Administration, Finance, Mathematics, Economics, or similar fields.**
- **Accounting or Finance designation (CFA, FRM, CMA, etc.) is considered as 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 cap

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