AVP, Non-Trading Market Risk (US)

Work Location:

New York, New York, United States of America

Hours:

40

Line of Business:

Risk Management

Pay Detail:

$200,000 - $280,000 USD

TD 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:

The Head of Non-Trading Market Risk Management is accountable for driving the NTMR strategy for the US which includes delivering on the implementation of polices, practices, and procedures to ensure governance and statutory compliance.

Depth & Scope:

• Provides people management leadership by hiring the best talent, setting goals, developing staff, managing employee performance and compensation decisions, promoting teamwork and handling any/all disciplinary actions, as required
• Monitors and assesses non-trading market risk in AMCB and TDS US
• Non-Trading Market Risk assumption reviews, and second line oversight of stress testing framework and implementation
• Maintains Non-Trading Market Risk Appetite Statements for TDGUS/CUSO, and US Board-level risk Policies and Frameworks
• Understands and complies with TD policies, regulatory, and compliance requirements
• Develops key risk metrics, collaborating with various stakeholders to develop risk measurement methodologies, providing independent review of behavioral and other assumptions used in risk measurement, and monitoring market risk limits calibrated to TDGUS/CUSO Risk Appetite
• Designs and maintains risk dashboards to represent non-trading market risks in the US Bank to senior management and Board Committees
• Preparation of non-trading market risk policies for review and approval
• Regulatory interactions and responsibilities including periodic meetings with the FRB and OCC through regular interaction and through formal meetings and examinations
• Risk reporting including strategy, appetite and results
• Non-Trading Market risk monitoring
• Talent management/people development for the US NTMR Team

Education & Experience:

• Undergraduate or Masters degree in a qualified or related field
• 10+ years of experience in Treasury, Risk Management, Audit
• Critical thinking/strategic planning
• Strong leadership and communication skills with the ability to collaborate effectively with senior stakeholders
• Quantitative expertise across a wide variety of domains
• Expert analysis and risk assessment
• Lead a team of subject matter experts
• Talent management and development
• Expert market knowledge across asset classes and businesses at TD
• Provide effective challenge to NTMR management
• Balanced judgment

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required. The listed or specified responsibilities & duties are considered essential functions for ADA purposes.

Who We Are

TD Securities offers a wide range of capital markets products and services to corporate, government, and institutional clients who choose us for our innovation, execution, and experience. With more than 6,500 professionals operating out of 40 cities across the globe, we help clients meet their needs today and prepare for tomorrow. Our services include underwriting and distributing new issues, providing trusted advice and industry-leading insight, extending access to global markets, and delivering integrated transaction banking solutions. In 2023, we acquired Cowen Inc., offering our clients access to a premier U.S. equities business and highly-diverse equity research franchise, while growing our strong, diversified investment bank. We are growth-oriented, people-focused, and community-minded. As a team, we work to deliver value for our clients every day.

Our Total Rewards Package
Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical and mental well-be