VP - Risk

Description

The role requires an individual with experience and / or knowledge of treasury and risk management functions at a financial institution and would benefit from experience with QRM (quantitative risk management software).

• Providing effective challenge and risk management insights related to key interest rate risk measures, such as Economic Value of Equity and Net Interest Income Sensitivities.
• Providing strategic advice on interest rate risk methodologies, scenarios, systems, and reporting, to future-proof NTMR's analytical tools and capabilities.
• Providing in depth technical leadership and expertise in the oversight of non-trading market risk across US ALM.
• Overseeing the QRM platform and owning the second line of defense strategy for the software's use.
• Building and maintaining strong relationships with key business partners.
• Providing oversight and thought leadership to reporting and governance controls, including implementation and change controls of measurement input through expertise and highly specialized knowledge of analytical concepts and techniques.
• Understanding the requirements of Interest Rate Risk in the Banking Book (IRRBB) standards and their implication to the Bank.
• Proactively building awareness of key risk issues by educating business leaders and providing training to the team.

• Serves as a point‑person and provides oversight in regards to market risk control for trading desks in the Region.
• Assists in the identification of all key market risks and determines appropriate risk metrics to assess these risks.
• Maintains a thorough understanding of all key risk and risk‑related issues through continual review of risk reports and related data and dialogue with relevant parties.
• Establishes dialogue with TDS trading desks regarding current positions, key risks, views and strategies.
• Assists in establishing formal market risk policies and procedures and ensures ongoing suitability to business evolution.
• Assists with local market risk regulatory issues.
• Develops a thorough understanding of business strategies and key factors contributing to profitability.
• Participates in P&L attribution and periodic performance analysis, linking desk performance to specific trading strategies, positions, market conditions and underlying risks.
• Facilitates the design of appropriate stress tests and scenarios that highlight key market risks, in specific business lines and in the firm as a whole, under stress situations and provides ongoing commentary on stress results.
• Provides periodic analysis and commentary of key market risks for senior management review.
• Keeps abreast of new risk management techniques and industry literature.
• Demonstrates governance, control and risk management behaviors in alignment with TD policies and practices.
• Ensures that execution of the Market Risk Control function is in line with documented procedures specific to this role or business.

• 4‑year degree in a quantitative or financial field or equivalent experience.
• 7–10 years of related analytical experience.

• Must be detail‑oriented and possess problem‑solving skills.
• Must be able to work independently with minimal supervision and establish priorities.
• Proficient in interpersonal communication (both oral and written) and able to communicate effectively with all levels of staff and management.

• Never: 0%;
  Occasional: 1–33%;
  Frequent: 34–66%;
  Continuous: 67–100%
• Domestic Travel – Occasional
• International Travel – Never
• Performing sedentary work – Continuous
• Performing multiple tasks – Continuous
• Operating standard office equipment – Continuous
• Responding quickly to sounds – Occasional
• Sitting – Continuous
• Standing – Occasional
• Walking – Occasional
• Moving safely in confined spaces – Occasional
• Lifting / Carrying (under 25 lbs.) – Occasional
• Lifting / Carrying (over 25 lbs.) – Never
• Squatting – Occasional
• Bending – Occasional
• Kneeling – Never
• Crawling – Never
• Climbing – Never
• Reaching overhead – Never
• Reaching forward – Occasional
• Pushing – Never
• Pulling – Never
• Twisting – Never
• Concentrating for long periods of time – Continuous
• Applying common sense to deal with problems…