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 Risk Management 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 businesses ranging from foreign exchange, commodities, credit, equity, interest rates, securities financing, and prime brokerage. The team 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.
Role Description
The Margin Accounts Group (MAG) Analyst is responsible for supporting the mitigation of counterparty credit risk through the daily management and monitoring of collateral exposures across OTC derivatives. The role focuses on accurate and timely collateral processing, exposure analysis, dispute investigation, stakeholder coordination, and adherence to established controls and procedures.
The successful candidate will develop strong collateral management and risk knowledge while working closely with internal partners, including Front Office, Credit Risk, Legal, Treasury, Settlements, Operations, and Technology, as well as external counterparties. The Analyst will escalate material issues appropriately and contribute to the effective operation of the team.
Key Responsibilities
- Monitor daily VM and IM exposures across assigned collateralized portfolios and issue or respond to collateral calls in accordance with CSA terms and internal procedures.
- Prepare and process margin calls, margin tickets, valuation statements, and collateral movements accurately and within established timelines and authority levels.
- Investigate collateral disputes, valuation differences, settlement fails, and reconciliation breaks; coordinate resolution and escalate material or aged items.
- Perform daily reconciliations, exposure analysis, control checks, and reporting to identify exceptions, concentration risks, and emerging issues.
- Support risk and control activities, including quality assurance, operational risk event reporting, business continuity, regulatory deliverables, and procedure updates.
Stakeholder Management
- Act as a day-to-day contact for counterparties and internal business partners on collateral calls, disputes, settlements, and operational queries.
- Work collaboratively with Front Office, Credit Risk Management, Legal, Operations, Treasury, Technology, and external counterparties to resolve issues promptly.
- Provide clear status updates and risk commentary, escalating decisions and complex matters to senior team members as appropriate.
Process Improvement & Innovation
- Identify and recommend opportunities to improve efficiency, data quality, controls, and client service within daily collateral processes.
- Participate in process-improvement initiatives, testing, regulatory implementations, and technology upgrades under the guidance of senior team members.
- Maintain procedures, contribute to automation and reporting enhancements, and support the adoption of new tools and processes.
Team Contribution & Development
- Collaborate with team members, share knowledge, and provide coverage across assigned processes when required.
- Build technical knowledge of collateral, derivatives, legal agreements, systems, and risk controls through training and practical experience.
- Demonstrate accountability, attention to detail, sound judgment, and a commitment to continuous learning and a strong risk culture.
Required Experience & Qualifications
- Undergraduate or Graduate degree in Finance, Economics, Mathematics, Business, Commerce, Risk Management, or a related quantitative discipline.
- CFA, FRM, or equivalent professional designation is considered an asset.
- Relevant experience in capital markets, collateral management, counterparty risk, treasury, settlements, or derivatives operations is preferred; equivalent education and experience will be considered.
- Working knowledge of OTC derivatives, securities financing transactions, collateral agreements (CSA/ISDA), or margining concepts is an asset.
- Strong analytical, organizational, problem-solving, communication, and stakeholder-management skills, with close attention to detail.
- Ability to manage competing priorities, meet time-sensitive deadlines, and escalate issues appropriately in a fast-paced environment.
- Experience with industry-standard collateral management applications; proficiency in risk management tools, data analysis, coding, or related software is considered an asset.
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
