- Job Title: Senior Market Risk Analyst
- Salary: $76,800–$115,200 a year
- Location: Toronto, ON
- Company: TD Bank
- Qualification: Bachelor’s diploma
- Experience: Minimum of 4-5 years of experience
- Job Type: Full-time
ABOUT TD BANK
TD Bank Group is one of Canada’s biggest financial establishments, imparting a large form of banking services to humans, companies, and establishments. Headquartered in Toronto, Ontario, TD operates via TD Canada Trust, offering personal and agency banking services, similar to TD Wealth, TD Asset Management, and TD Securities for wealth control, asset control, and funding banking. With a robust presence throughout North America, TD is likewise distinguished inside the U.S. Market through TD Bank, America’s Most Convenient Bank.
TD is dedicated to delivering incredible customer service, fostering innovation, and keeping a strong community presence. The economic group prioritizes sustainability and social obligation, focusing on initiatives in environmental stewardship, range, and inclusion. Recognized for its stability, TD Bank Group operates with a focus on client-centricity, aiming to be the maximum trusted and revolutionary monetary companion in North America.
Senior Market Risk Analyst – Job Overview
A Senior Market Risk Analyst plays a key role in internal financial establishments, usually positioned in investment banks, asset management businesses, and exclusive financial services agencies. This characteristic specializes in figuring out, assessing, and managing dangers associated with marketplace fluctuations that can impact the organization’s economic standard overall performance. The role includes each quantitative evaluation and strategic selection-making to limit the hazard of loss at the same time as optimizing profitability.
Key Responsibilities:
Risk Assessment and Monitoring:
- Analyze and test marketplace threats across diverse asset training, collectively with equities, fixed income, commodities, and foreign exchange.
- Use superior quantitative fashions to anticipate market moves and compare the risk of potential losses.
- Develop and display screen key threat metrics, which include Value-at-Riskk (VaR), strain testing, and situation evaluation, to evaluate risk exposures.
Reporting and Communication:
- Provide special hazard opinions and insights to senior managers, buyers, and other stakeholders.
- Communicate hazard findings effectively, explaining complex facts in a digestible way to resource selection-making.
Model Development and Validation:
- Build, maintain, and beautify threat fashions to mirror evolving market conditions and regulatory necessities.
- Validate and backtest danger models to ensure their accuracy and reliability in predicting market chance.
Regulatory Compliance:
- Ensure compliance with inner chance manipulate policies and outside recommendations (e.g., Basel III, Dodd-Frank Act).
- Collaborate with compliance agencies to make sure that the business enterprise adheres to market risk requirements and regulatory frameworks.
Stress Testing and Scenario Analysis:
- Conduct complete strain trying to assess the effect of excessive market occasions (e.g., monetary downturns, geopolitical dangers).
- Assess the functionality effects of various market scenarios at the agency’s portfolio and balance sheet.
Strategy Development:
- Work carefully with portfolio managers, buyers, and senior chance management experts to increase chance mitigation techniques.
- Suggest hedging strategies and modifications to funding positions to manage exposure.
Required Skills and Qualifications:
- Bachelor’s or Master’s diploma in finance, economics, mathematics, or any associated field.
- Strong understanding of marketplace instruments, financial derivatives, and chance control techniques.
- Proficiency in risk control software prograprogramsse.g.e.G., MATLAB, Python, RiskWatch, and lots of others.) and information evaluation gear.
- Extensive enjoyment of financial modeling, VaR calculation, and pressure checking out.
- Strong analytical, problem-solving, and communique talents.
Key Competencies:
- Strategic wondering, attention to elements, and functionality to address pressure in rapid-paced environments.
- Strong information on financial policies and risk management practices.
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