Analyst, Collateral Management (5371)

Work Location: Toronto, Ontario, Canada Hours: 37.5 Line of Business: Risk Management Pay Details: $69,700 - $98,400 CAD 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: Department Overview Collateral Management, part of Counterparty Risk Control (CRC) 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, and repo. The analyst 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 Description An Analyst within Collateral Management will primarily be focused on the effective and efficient mitigation of counterparty credit risk. Analysts are responsible managing counterparty credit risk as well as for demonstrating innovation and a proactive approach to risk mitigation by highlighting inefficiencies, risks and implementing improvements. 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 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 Extensive interaction with clients. Ensure process reviews are conducted in accordance with Global Short-term Markets Policy Resolution and escalation of collateral issues. Reconciliation of repo collateral statements upon margining disputes 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 Bank Who We Are: TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we strive to make every interaction, product, and experience remarkably human and refreshingly simple for over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience. TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing. Together, we are reimagining what banking can be for our clients, colleagues and communities. 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-being goals. Total Rewards at TD includes a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. Learn more Additional Information: We’re delighted that you’re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive both at work and at home. Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements. Colleague Development If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. If you’re passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact. We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best. Training & Onboarding We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role. Interview Process We’ll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call. Accommodation Your accessibility is important to us. Please let us know if you’d like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process. We look forward to hearing from you! Language Requirement (Quebec only): Sans Objet