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financial analyst
Title posted on CareerBeacon - Analyst, Collateral Risk Management ()
Posted on November 07, 2024 by Employer details TD Bank
Job details
Work Location:Toronto, Ontario, CanadaHours:37.5Line of Business:TD GeneralPay Details:$65,600 - $98,400 CADTD 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 DescriptionAn 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.The role will involve close partnership and interaction with a wide range of areas, including credit, middle office, legal, front office, settlements, and corporate treasury. As a result, the successful candidate will be required to possess strong communication skills.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? Extensive interaction with clients via email and telephone.? Ensure process reviews are conducted in accordance with Collateralized Trading Credit Policy? Resolution and escalation of collateral issues.? New client on-boarding.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 BankDepartment OverviewCollateral 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 RequirementsAt least two years of capital market experience or relevant collateral management experienceStrong communication skills both written and verbalSelf-starter with a high degree of initiative and the ability to learn and adapt quicklyStrong analytical skills and att- LocationToronto, ON
- Workplace information On site
- SalaryNot available
- Terms of employment Permanent employmentFull time
- Starts as soon as possible
- vacancies 1 vacancy
- Source CareerBeacon #2122648
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