Risk Management Associate

Role Type: Masters and Advanced Degrees

Work Location: Toronto, Ontario, Canada

Hours: 37.5

Pay Details: $90,000 – $90,000 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  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.

For TD Bank Group (TD) to remain competitive, it is essential to selectively take and manage risks. TD acknowledges that having a strong risk culture and a robust approach to risk management is fundamental to our ongoing success. The Risk Management team at TD plays a key role in enabling the business functions of the enterprise to understand the risks they face.

Our team is responsible for developing policies, processes, and controls required to appropriately manage these risks, ensuring that all measures are aligned with the Bank's overall strategy and risk appetite.

As a global function, we partner with all lines of business within TD, impacting thousands of employees across offices in Canada, the United States, the UK, and Singapore. Additionally, we collaborate externally with regulators and industry groups to stay in line with industry standards and benchmark ourselves against best practices.

The Risk Management Associate Rotational Program is a comprehensive, 24-month initiative where participants complete four distinct 6-month rotations. These rotations are designed to provide hands‑on experience in both Financial and Non-Financial Risk Management areas, including but not limited to credit, market, liquidity, operational, model, ESG, technology and data, regulatory, and product risk. The program aims to develop leaders who can apply risk knowledge across a broad spectrum of business functions at TD.

If you are inquisitive, enjoy driving change, and want to make a meaningful difference, we invite you to join our rotational program.

Throughout the program, you will rotate within the Risk Management division in Canada, with some opportunities to support global activities. Each rotation lasts six months and covers the following areas:

• Market Risk: In Market Risk, we focus on accurately identifying current and emerging market risks, providing transparency on both trading and non-trading risk results. Our global team independently oversees counter party credit, liquidity risk, and market risks across the enterprise. We ensure all outcomes align with the Bank's risk appetite, utilizing business insights and market expertise.
• Enterprise Market Risk Control (EMRC): Serving as a second line of defense, EMRC provides independent oversight and challenges the Bank's trading, non‑trading, and liquidity risks. EMRC ensures that all significant market and liquidity risks are properly governed, understood, analyzed, and measured. We support new business initiatives by closely collaborating with TD Securities, Treasury, and Balance Sheet Management to ensure TD remains within its risk appetite.
  
  EMRC consists of teams focused on Non‑Trading Market Risk, Liquidity Risk, and Credit Risk.
• Credit Risk: Credit risk refers to the potential loss if a borrower or counter party fails to fulfill agreed payment obligations. The Credit Risk team sets risk policies for all products and services involving credit risk and establishes guidelines to monitor and limit exposures by country, industry, and group within portfolios.
• Operational Risk (including ESG, Cyber, and Innovation): Operational Risk works alongside our business partners to ensure that risks arising from people and technological processes, including those due to change, are effectively identified,…