Group Manager Ii, Liquidity Risk - Toronto, Canada - TD Bank

TD Bank

Verified Company

Toronto, Canada

2 weeks ago

Posted by:

Sophia Lee

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Description

TD Description
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Department Overview

Market Risk & Model Development (MRMD) is responsible for managing the ever-changing and dynamic world of trading and non-trading market risk, counterparty credit, margin management, liquidity risk and model development.

Within MRMD, Capital Markets Risk Management (CMRM) is accountable for supporting TD Securities and TBSM business objectives in accordance with TD's risk appetite and regulatory expectations.

CMRM provides independent oversight of enterprise-wide market, counterparty credit and liquidity risks; ensuring all significant risks are appropriately measured, reported, analyzed and transparent.

As a Group Manager in CMRM - Risk and Valuations, you will be part of a group that is responsible for a number of activities related to the analysis and reporting of TBSM market risk, Independent Price Verification, Valuation adjustments, and policy implementation.

The team executes infrastructure changes with regards to the implementation of new or revised risk policies, system migration, model implementations, valuation methodologies and analysis of the key measures used by The Bank to monitor and control market risk.

CMRM is a global business supporting offices in Toronto, Calgary, New York, Singapore, Dublin and London.

Liquidity Risk

Support the risk appetite of the bank by managing and supervising the Risk and Valuation Retail Liquidity team with respect to the production, analysis, reporting and monitoring of the products traded within the business. Responsible for ensuring that all key policies, procedures, and processes are properly documented.

Change Management & Policy Implementation

Effectively challenge, propose and champion projects to improve efficiencies, in order to provide more effective business support. Understand and assess the impact analysis performed by your team, in order to present your findings to management.

Enhancement & Operational Risk (Audit/Regulatory)

Ensure that internal audit findings related to the products being traded within the responsibilities of the CMRM are cleared within the time commitments provided to Internal Audit.

Ensure effective internal controls exists and are continuously updated for all processes underlying the production of market risk, and IPV/VA (Independent Price Verification/Valuation Adjustments), while adhering to CMRM standards and Process Risk and Controls Self-Assessments.

Support in identifying innovative opportunities and help drive these initiatives.
Evolve analytical and attribution capabilities and business knowledge, and develop skills required for today and future, while understanding, identifying and responding proactively to current and emerging risks.

Collaborate with Business Partners

Manage relationships with business partners which includes, sharing knowledge and identifying opportunities to leverage complementary skills. Partner with our stakeholders to drive and support change and to assist in meeting the bank's objectives.

People/Team Development

Provide leadership, direction, advice and empower your team to consistently maintain high levels of integrity, motivation and morale. This should encompass all aspects of people development including appropriate mentoring, coaching and ongoing evaluation of staff performance and leadership skills.

Resource planning

Establish an environment that promotes respect, inclusion and diversity for individual employees. Adhere to the policies and guidelines of the Bank.
Carry out regular and proactive resource planning to ensure the team is positioned to deliver against its future mandate. Identify and mitigate instances of key person risk.

Job Requirements

Undergraduate degree or technical certificate and/or over 7 years of relevant experience
Knowledge of liquidity, capital markets industry and market trends
Excellent analytical, judgement and decisionmaking skills
Ability to process and handle confidential information with discretion while acting with the highest levels of integrity
Strong team management skills to guide and take the team forward while working autonomously as the lead
Strong communication skills and ability to interact with increasingly senior stakeholders and convey complex business context clearly and effectively

LI-Hybrid

Inclusiveness

At TD, we are committed to fostering an inclusive, accessible environment, where all employees and customers feel valued, respected and supported.

We are dedicated to building a workforce that reflects the diversity of our customers and communities in which we live and serve.

If you require an accommodation for the recruitment/interview process (including alternate formats of materials, or accessible meeting rooms or other accommodation), please let us know and we will work with you to meet your needs.

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