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Group Manager, Market Risk – Equity

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TD Bank

12d ago

  • Job
    Full-time
    Senior Level
  • Banking & Finance
  • Toronto
  • Quick Apply

AI generated summary

  • You need a degree or 5+ years of experience in market risk, strong analytical skills, integrity, team management abilities, communication skills, and adaptability to lead and excel in this demanding role.
  • You will manage market risk equity team, lead projects for efficiency enhancements, clear audit findings, develop internal controls, collaborate with business partners, mentor team members, and plan resources to meet the bank's objectives.

Requirements

  • Undergraduate degree or technical certificate and/or over 5 years of relevant experience
  • Knowledge of market risk, VaR, Stress, capital markets industry and market trends
  • Excellent analytical, judgement and decision-making skills
  • Ability to process and handle confidential information with discretion while acting with the highest levels of integrity
  • Team management skills to guide and take the team forward while working autonomously as the lead
  • Strong communication skills and ability to interact with increasingly senior stakeholders and convey complex business context clearly and effectively
  • Proactive and adaptable with the ability to work in a demanding environment while handling multiple competing demands

Responsibilities

  • Market Risk - Equities:
  • Support the risk appetite of the bank by managing and supervising the market risk equity team with respect to analysis, reporting and monitoring of the products traded within the Global Equity Derivatives business. Responsible for ensuring that all key policies, procedures, and processes are properly documented and adhered to.
  • Change Management & Policy Implementation:
  • Effectively challenge, propose and champion projects to improve efficiencies, in order to provide more effective business support. Understand and assess the impact analysis performed by your team, in order to present your findings to senior management.
  • Enhancement & Operational Risk (Audit/Regulatory):
  • Ensure that internal audit findings related to the products being traded within the responsibilities of the Market Risk team are cleared within the time commitments provided to Internal Audit.
  • Ensure effective internal controls exists and are continuously updated for all processes underlying market risk reporting, while adhering to Market Risk standards and Process Risk and Controls Self-Assessments.
  • Support in identifying innovative opportunities and help drive these initiatives.
  • Evolve analytical and attribution capabilities and business knowledge, and develop skills required for today and future, while understanding, identifying and responding proactively to current and emerging risks.
  • Collaborate with Business Partners:
  • Manage relationships with business partners which includes, sharing knowledge and identifying opportunities to leverage complementary skills. Partner with our stakeholders to drive and support change and to assist in meeting the bank's objectives.
  • People/Team Development:
  • Provide leadership, direction, advice and empower your team to consistently maintain high levels of integrity, motivation and morale. This should encompass all aspects of people development including appropriate mentoring, coaching and ongoing evaluation of staff performance and leadership skills.
  • Resource planning:
  • Establish an environment that promotes respect, inclusion and diversity for individual employees. Adhere to the policies and guidelines of the Bank.
  • Carry out regular and proactive resource planning to ensure the team is positioned to deliver against its future mandate. Identify and mitigate instances of key person risk.

FAQs

What is the main responsibility of a Group Manager, Market Risk – Equity?

The main responsibility of a Group Manager, Market Risk – Equity is to manage and supervise the market risk equity team with respect to analysis, reporting, and monitoring of products traded within the Global Equity Derivatives business.

What qualifications are required for this job?

Qualifications for this job include an undergraduate degree or technical certificate and/or over 5 years of relevant experience. Knowledge of market risk, VaR, Stress, capital markets industry, and market trends is also necessary.

What are the key skills needed for this role?

Key skills needed for this role include excellent analytical, judgment, and decision-making skills, team management skills, strong communication skills, and the ability to work autonomously as a leader. Adaptability and the ability to handle multiple competing demands are also important.

How does a Group Manager, Market Risk – Equity support business partners?

A Group Manager, Market Risk – Equity supports business partners by managing relationships, sharing knowledge, and identifying opportunities to leverage complementary skills. They also partner with stakeholders to drive and support change to meet the bank's objectives.

What is the role of a Group Manager, Market Risk – Equity in change management and policy implementation?

In change management and policy implementation, a Group Manager, Market Risk – Equity champions projects to improve efficiencies, challenges existing processes, and presents impact analysis findings to senior management. They ensure that key policies, procedures, and processes are properly documented and adhered to.

Finance
Industry
10,001+
Employees

Mission & Purpose

Headquartered in Toronto, Canada, the Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group (TD). TD had CDN$1.9 trillion in assets on July 31, 2023. TD also ranks among the world’s leading online financial services firms, with more than 16 million active online and mobile customers. TD offers a full range of financial products and services to over 27.5 million customers worldwide through four key business lines: - Canadian Personal and Commercial Banking including TD Canada Trust, Business Banking, and MBNA - U.S. Retail including TD Bank, America’s Most Convenient Bank, TD Auto Finance (U.S.), TD Wealth (U.S.) and TD’s investment in Schwab - Wealth Management & Insurance including TD Wealth (Canada), TD Direct Investing, and TD Insurance - Wholesale Banking including TD Securities and TD Cowen