Risk Manager

Overview Risk Manager - Financial Risk Management (FRM) Stress Testing (4070, 4071) at TD Securities. 2 days ago Be among the first 25 applicants Join to apply for the Risk Manager - Financial Risk Management (FRM) Stress Testing (4070, 4071) role at TD Securities Work Location Toronto, Ontario, Canada Hours 37.5 Line Of Business Risk Management 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 Job Description Summary Reporting To The Senior Manager, The Risk Manager – Financial Risk Management (FRM) Stress Testing, Together With The Broader Team, Will Support The Build-out Of a Newly Established Financial Risk Management Stress Testing Mandate. This Includes Credit risk stress testing execution & transformation Financial Risk stress testing transformation: Remediating prioritized risk transformation deliverables within established deadlines Providing effective challenge, establishing group oversight, and enhancing risk intelligence behaviours and outcomes, all while operating within the Bank's risk appetite This role requires a solid understanding of financial reporting, internal and regulatory stress testing (such as TD Enterprise-Wide Stress Testing and OSFI Macro Stress Testing,), the expected credit loss (ECL) framework, allowances and provisions for credit losses (ACL/PCL) under IFRS 9, risk-weighted assets (RWA), data transformation, and visualization tools. The position involves frequent interaction with executives and is well suited for an experienced, mature, and strategic communicator with a high degree of initiative, strong relationship management skills, and demonstrated knowledge of the businesses we support, including both retail and non-retail portfolios. Key Accountabilities Assist leadership with recommendations in producing credit risk stress testing analysis, key messaging/communications across BAU / annual mandated testing activities, as well as ad hoc stress analyses & portfolio deep-dives Collaborate with key business partners, including retail and non-retail risk reporting teams, Model Development (MD), Treasury Balance Sheet Management (TBSM), Chiefs, and FinOps, to drive consistency and efficiency from center via a Hub-and-Spoke model Identify and drive improvements to credit risk processes, capabilities, and stakeholder engagement Compile supporting information by conducting internal and external research, and produce presentations/communications/messaging Preparation of risk materials, including validation of key risk metrics and drivers, providing recommendations for leadership, investigating and solving complex issues, and preparing executive level messaging Work collaboratively with stakeholders across the Enterprise, including various risk types such as Market Risk and Liquidity Risk within Financial Risk Management, to aid the risk transformation deliverables Establish roadmap for the development of scalable capabilities to conduct scenario analysis across Financial Risk Management, including coordination across stakeholder groups to identify opportunities, priorities, as well as overlap with other transformation initiatives Advanced proficiency in Excel and ability to leverage tools such as Power BI or Visio to manage and streamline data workflows, enhance automation, and produce impactful visualizations of complex data As a key member of the highly dynamic FRM Stress Testing team, the incumbent will: Provide thought leadership, industry knowledge and participate in knowledge transfer within the team and keep current on emerging trends and grow knowledge of the businesses Lead, motivate and develop relationships with internal and external stakeholders to develop productive working relationships. Job Requirements Strong analytic, communications (written, verbal, and visualizations) skills, presentation skills, and relationship management with the ability to solve unique and ambiguous problems with broad impact often on tight deadlines Organization awareness and the ability to locate, analyze and synthesize complex information, both quantitative and qualitative, with exceptional attention to detail and commitment to quality Professional maturity and critical thinking skills, able to ask the right questions and challenge assumptions, where appropriate Highly responsive to time-sensitive requests and ad-hoc inquiries, strong sense of urgency Demonstrated track record of subject matter expertise on emerging trends/developments relevant to the business, including knowledge of relevant tools, techniques, sources Knowledge of credit / market / liquidity risk management and reporting (e.g. loans, capital, borrower risk ratings, facility risk ratings, probability of default, loss given default) Undergraduate degree. A CFA, CPA, MBA, FRM or similar designation is preferred 7+ years relevant experience 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 #J-18808-Ljbffr