Market Risk Manager, Trading Market Risk Stress Testing & Scenario Design (5111)

TD•Toronto, ON

2d•CA$96,900 - CA$136,800•Onsite

About The Position

Support the Director, Trading Market Risk Stress Testing & Scenario Design in the execution, enhancement, and governance of TD's Trading Market Risk stress testing framework. The role will provide analytical leadership and effective challenge to ensure significant market risks are appropriately identified, analyzed, measured, reported, and escalated in line with TD's risk appetite. The Market Risk Manager will contribute to scenario design, stress testing methodology, regulatory and management reporting, and ad-hoc analysis of emerging risks. The role will partner with Market Risk colleagues, Front Office, Finance, Model Development, Technology, Economics, Internal Audit, and other control groups to strengthen risk transparency and support continued evolution of stress testing capabilities.

Requirements

Advanced degree in Finance, Economics, Mathematics, Engineering, Statistics, or another relevant discipline preferred.
6+ years of relevant experience in Capital Markets, Market Risk, stress testing, financial risk analytics, or related control functions.
Prior experience with stress scenario design, stress testing execution, risk factor analysis, or portfolio-level market risk analysis.
Strong understanding of trading products, market risk measures, and risk management concepts, including VaR, stress testing, sensitivities, limits, and risk appetite frameworks.
Experience supporting regulatory stress testing, management reporting, governance forums, or audit/regulatory review processes is an asset.
Strong communication skills with the ability to summarize complex risk issues clearly and build relationships with cross-functional teams and stakeholders at multiple levels.
Robust organizational skills with the ability to work in a demanding environment and manage multiple deliverables, deadlines, and priorities.
Advanced critical thinking, analytical, and problem-solving skills, with demonstrated ability to apply judgment to complex and evolving risk topics.
Experience working with data analysis, automation, and visualization tools such as Excel, Python, SQL, Power BI, Tableau, or similar platforms.
Knowledge of regulatory and compliance requirements in the financial industry.
Results-driven mindset with a focus on delivering high-quality analysis, strong controls, and practical business outcomes.

Responsibilities

Support the execution, oversight, and maintenance of the Market Risk stress testing program, including stress testing scenarios, assumptions, documentation, and related processes.
Contribute to the development and enhancement of stress testing methodologies, including scenario design, risk factor calibration, and analysis of portfolio vulnerabilities.
Execute and support key stress testing initiatives, including Dodd-Frank Act Stress Test (DFAST), Enterprise-Wide Stress Testing (EWST), Macro Stress Test (MST), and ad-hoc scenario analysis to assess new and emerging risks.
Prepare materials and analysis to support strategic discussions on the evolution of the stress testing framework, including roadmap items, methodology enhancements, governance deliverables, and technology capabilities.
Review new product requests and business changes to assess market risk impacts, valuation considerations, and the adequacy of stress measures, limits, and controls.
Analyze stress testing results and summarize key findings, including drivers, attribution, concentrations, trends, and potential implications for the trading market risk profile.
Provide analytical expertise on trading market risk activities, delivering effective challenge while supporting business growth within TD Securities' risk appetite.
Maintain a strong understanding of key risk and risk-related issues through review of risk reports, stress testing data, market developments, and dialogue with relevant stakeholders.
Ensure material risks are transparent to Risk Management, Business Leaders, and Senior Management.
Support internal governance forums, regulatory submissions, management reporting, and senior stakeholder communications related to stress testing and scenario analysis.
Participate in industry calls and collaborate with peers across other financial institutions to identify leading practices and benchmark stress testing approaches.
Monitor the effectiveness of stress testing strategies, programs, reporting, and practices, and identify opportunities to improve quality, efficiency, automation, and control discipline.
Keep abreast of emerging market themes, regulatory expectations, and internal policy requirements, and assess potential impacts to scenario design and stress testing outputs.
Report to and support the Director, Trading Market Risk Stress Testing and Scenario Design, helping translate strategic priorities into executable deliverables and high-quality analysis.
Lead workstreams or small project teams as required, providing guidance, review, and coaching to junior colleagues and supporting knowledge transfer across the team.
Meet requirements of emerging Enterprise standards, internal policies, and governance expectations.
Promote an environment where issues are escalated in a timely and transparent manner, with clear ownership and follow-through.
Foster collaboration, innovation, creative thinking, and continuous improvement across stress testing processes, analytics, and reporting.
Interact with stakeholders across the organization including Front Office, Finance, Model Development, Technology, Economics, Internal Audit, Regulatory Relations, and other control groups.