Analyst, Margin Accounts Group - Toronto, Canada - TD Bank

TD Bank
TD Bank
Verified Company
Toronto, Canada

4 weeks ago

Sophia Lee

Posted by:

Sophia Lee

beBee Recruiter
Description
414654BR

Risk Management

Toronto, ON

July 20, 2023

Hours

37.5

Workplace Model

Hybrid

Pay Details

Department Overview


Collateral Risk Management sits within Capital Markets Risk Management (CMRM) which is responsible for the market and credit risk of TD Securities.

A global, multi-faceted and cross product team, the primary objective of the Collateral Management department is the mitigation of counterparty credit risk through the active monitoring of clients' derivative and securities financing portfolios.

The department manages collateral for the Toronto, New York, London and Singapore regions.

The team has a rare opportunity to support products and business ranging from foreign exchange, commodities, credit, equity, interest rates, securities financing, and prime brokerage.

The team manages a wide range of complex processes, with members developing skills and competencies around derivative and security products and their respective business areas, legal agreements, technology flows and regulations.

Job Details


An Analyst within CMRM Collateral Risk Management will primarily be focused on the effective and efficient mitigation of counterparty credit risk.

The Analyst will need to demonstrate innovation and a proactive approach to risk mitigation by highlighting inefficiencies, risks and implementing improvements.

In addition, they will be expected to provide a high level of service to their clients.

Analysts within Collateral Risk Management are accountable for the following core responsibilities, but are not limited to:

  • Daily monitoring of client portfolios, issuing and receiving collateral calls to ensure the firm's credit risk is mitigated.
  • Ensure margin tickets are accurately entered into the collateral system
  • Reviews margin tickets entered into the collateral system by analysts
  • Reviews counterparty dispute investigation commentary
  • Ensure process reviews are conducted in accordance with Collateralized Trading Credit Policy
  • Resolution and escalation of collateral issues.
  • New client onboarding.
  • In addition to their core responsibilities, Analysts are also expected to:
  • Contribute their own ideas to make a difference and add value to the group.
  • Ongoing, proactive risk management via staying abreast of risk issues in the capital markets and assessing impacts on our exposures
  • Seek opportunities to increase operational efficiency and lower operational risk through process reengineering
  • Performing a number of control functions, ensuring the integrity of our processes.
  • Establish an environment that promotes respect for the individual employee and adheres to the policies and guidelines of the Bank
Job Requirements

  • At least two years of capital market experience or relevant collateral management experience
  • Strong communication skills both written and verbal
  • Selfstarter with a high degree of initiative and the ability to learn and adapt quickly
  • Strong analytical skills and attention to detail.
  • An undergraduate or graduate degree in Business, Economics, Mathematics, Finance, or another quantitative discipline
  • CFA and/or FRM would be considered an asset
Company Overview


Our Values

At TD we're guided by our purpose is to enrich the lives of our customers, communities and colleagues, and share a set of values that shape our culture and guide our behavior.

In exchange for how our colleagues show up to help TD succeed, we are committed to delivering a colleague experience grounded in Impact, Growth and a Culture of Care.

No matter where you work across TD, we empower you to make an impact at work and in your community, explore and grow your career and be part of our caring and inclusive culture.


Making Your Well-being a Priority
A caring and supportive culture that promotes colleague well-being is core to who we are.

At TD, we focus on total well-being with extensive programs to help colleagues assess, manage, and improve their well-being across four core pillars — physical, financial, social and mental/emotional.

In addition, we champion a safe, inclusive and supportive work environment to help colleagues feel a sense of belonging, and supported in their personal and professional growth.

Through our focus on total well-being, we know that we can help our colleagues thrive, contribute to our culture of care, and support better business outcomesbecause when colleagues feel their best, they're more likely to do their best.


Our Total Rewards Package

Our Total Rewards package reflects the investment we make in our colleagues to help them, and their families achieve their 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 including medical, dental, vision & mental health coverage, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs.


How We Work
At TD, we beli
More jobs from TD Bank
See all jobs of TD Bank