Manager, Liquidity Risk - Toronto, Canada - TD Bank

TD Bank

Verified Company

Toronto, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Manager, Liquidity Risk:

BR

Job Category - Primary

Risk Management

Work Location

TD Centre
TD Tower 66 Wellington Street West

Employment Type

Regular

City

Toronto

Time Type

Full Time

Province/State

Ontario

Hours

37.5

Workplace Model

Hybrid

Pay Details

Department Overview

The Enterprise Liquidity Risk team is part of the Market Risk department. As the second line of defense, Market Risk is responsible for providing independent oversight and challenge of the Bank's trading risk, nontrading market risk and liquidity risk.

ELR's mandate includes:

Develop a strategic and respected team that understands the business and regulations
Influence business decisions to incorporate risk views in planning and execution
Proactively identify and assess relevant emerging risks and industry best practices
Develop and maintain risk frameworks and policies consistent with the Bank's Risk Appetite
Provide oversight of liquidity risk practices across Enterprise, with all significant risks and results appropriately measured and communicated to the CRO TDBG, Senior Management, and the Risk Committee of the Board
Provide effective challenge through an integrated view of risk
Maintain and continue to develop an effective relationship with regulators to ensure compliance with applicable regulatory requirements while proactively addressing regulatory expectations

Job Details

The Risk Manager will report to the Senior Manager, ELR, and will assist the Senior Manager in fulfilling the team's mandate.
Key accountabilities include, but not limited to:
Provide oversight to material liquidity assumptions driving Liquidity Risk Metrics through expertise and highly specialized knowledge of analytical concepts and techniques
Proactively assess stress testing scenarios, assumptions and methodologies for appropriateness and develop ad hoc analysis where required for senior stakeholder consumption
Providing expertise in the oversight and challenge of liquidity risk across the Enterprise (Retail Bank and Wholesale Bank) and provide support and guidance to 2nd line partners in regions and subsidiary
Keeping up to date on emerging issues and evolving regulatory requirements to develop and review liquidity risk policies and frameworks
Have the aptitude and interest in data and gaining insights by using existing or building adhoc analytical tools to facilitate deep dives in understanding risk drivers and business behaviors
Understand and comply with TD policies, regulatory, and compliance requirements

Job Requirements

Advanced verbal and written communication skills, inclusive of the ability to communicate effectively for senior executive consumption
Possess quantitative analysis and data skills to deep dive, analyze and gain insights
Technical acumen and excellent technical skills in Microsoft Excel, Access, Powerpoint and basic programming languages skills such as SQL etc.
Interested and committed to ongoing learning, and passionate to find creative solutions to complex problems
Be selfmotivated, customer oriented; Proactive and ongoing selfdevelopment via staying abreast of risk issues
The ability to build relationships with business partners and stakeholders and help support enterprise objectives
Knowledge of treasury functions and capital markets
The ability to inspire a positive work environment and champion quality, innovation and teamwork
Attention to detail; ability to produce polished, highquality, accurate results
Strong work ethic and working well under pressure
High degree of professionalism and integrity

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.

**Ou