Credit Risk Analyst II (5311)

TD•Toronto, ON

6d•CA$69,700 - CA$98,400•Onsite

About The Position

The Credit Risk Reporting & Allowance department coordinates and produces analysis, reporting, and insights related to the Bank's credit portfolios. This group executes on the allowance methodology for Canadian non-retail portfolios and manages the allowance governance process. The mandate supports various stakeholders including the Risk Management Leadership Team, Finance, Investor Relations, Businesses, regulators, and at times the SET and the Board. The Risk Analyst will support the reporting and analysis of the allowance and provision for credit losses (ACL and PCL) for the enterprise, including the preparation and consolidation of governance presentation materials. This role requires the practical application of IFRS 9 expected credit losses concepts, internal controls, data transformation, and visualization tools. This position is ideal for a detail-oriented professional with strong critical thinking skills, who enjoys solving problems and working with data, with exceptional commitment to quality.

Requirements

Bachelor’s degree in Finance, Accounting, Economics, or a related field.
2+ years of experience in credit risk, finance, or accounting roles, preferably within a financial institution.
Knowledge/Experience with IFRS 9 ACL processes preferred.
Effective verbal and written communication skills, with the ability to explain findings clearly and concisely.
Highly responsive to time-sensitive requests and ad-hoc inquiries, with strong sense of urgency.
Strong organizational skills with the ability to manage multiple priorities and drive tasks to completion within deadlines.
Critical thinking skills, able to ask the right questions and challenge assumptions where appropriate.
Exceptional attention to detail, with a strong focus on accuracy, consistency, and quality of deliverables.
Demonstrated ability to apply a strong control mindset in execution, including quality checks, identification of control gaps or weaknesses and supporting enhancement activities.
Advanced proficiency in Excel, including hands-on experience with data mapping, data preparation and automation.
Demonstrate willingness to learn, take initiative, and contribute to continuous process improvement.

Nice To Haves

Experience with Python, SQL/database querying, Power BI and utilizing AI-assisted development and analytics tools is considered an asset.

Responsibilities

Preparation and consolidation of quarterly ACL execution results in accordance with IFRS 9 for the enterprise.
Ensure accuracy and integrity of ACL/PCL reporting through rigorous review, reconciliations, and validation procedures.
Prepare and analyze management and regulatory reports related to ACL/PCL, using tools to automate outputs.
Perform first-level investigations and escalation of issues/gaps with clear supporting documentation.
Design and maintain efficient, scalable workflows to support production and streamline analysis.
Support and enhance internal controls, governance, and audit readiness activities to ensure compliance with internal policies, audit, and regulatory expectations.
Apply strong self-review practices to verify accuracy of outputs and identify opportunities to enhance efficiency and reduce operational risk.
Develop strong knowledge of IFRS 9 ACL methodologies, assumptions, and model outputs to support execution and analysis.
Collaborate effectively with cross-functional teams including Finance, Credit Risk, Data Management, and Model Development to support end-to-end ACL processes.
Contribute to internal and external audits and regulatory reviews, provide supporting documentation and responding to inquiries.
Provide support to the Canadian Commercial and Wholesale Allowance teams as required.