Financial and investment analysts
Title posted on CareerBeacon -
AVP Liquidity Risk Management
Posted on
July 02, 2024
by
Employer details
TD Bank
Job details
Work Location:Toronto, Ontario, CanadaHours:37.5Line of Business:FinancePay Details:We're committed to providing fair and equitable compensation to all our colleagues. As a candidate, we encourage you to have an open dialogue with a member of our HR Team and ask compensation related questions, including pay details for this role.Job Description:Department OverviewThe Treasury and Balance Sheet Management (TBSM) department of TD Bank is responsible for overseeing the management of TD Bank's: non-trading market risk, liquidity risk and capital position.The Liquidity Risk Management team within TBSM is responsible for ensuring the Bank maintains sufficient cash, investments and funding to permit the Bank to operate effectively during both normal operations and stressed market conditions. The team identifies, measures, and forecasts the Bank's liquidity needs and it risks. This includes recommending and taking appropriate actions to maintain a strong risk profile. This requires working with partners across the Bank to manage liquidity risk and ensure its costs and drivers are well understood.Job DescriptionThe AVP, Liquidity Risk Management will lead and develop a team of finance and risk professionals responsible for managing the Wholesale Bank's Liquidity Risk (i.e. TD Securities). The team is central to how TD defines, measures and manages Liquidity Risk and ensuring the Bank always maintains an appropriate liquidity profile for its assets and funding.Provides leadership and oversight for the Liquidity Risk management for the Wholesale Bank, ensuring risks are in line with TD's risk appetite.Acts as an expert for both regulatory and internal liquidity risk rules and regulations and develops a detailed understanding of liquidity risks arising from TD's various products and activities.Responsible for forecasting liquidity positions and developing effective plans to manage liquidity shortfalls. Owns and enhances the relevant assumptions, methodologies and frameworks that informs how Liquidity Risk is measured and managed.Leads regulatory advocacy initiatives on Liquidity Risk with Canadian Regulators (e.g. OSFI and CDIC)Works closely with TD's Risk functions to provide input and direction on Risk policies and frameworks for Liquidity.Delivers on key initiatives spanning regulatory, analytical, process and technology domains.Collaborates with various groups across the Bank: Treasury, Risk Management, Wholesale Bank, Finance, Operations and Technology groupsRequirementsDemonstrated Experience ? In areas like: Treasury, Risk, Liquidity risk management, Finance and/or wholesale banking Change Management - Has a track record of making an impact, managing key deliverables and driving changeAnalytical and Critical thinking - Well developed analytical skills and is comfortable with dealing with complex business situations and information.Understanding of Capital Markets ? A well rounded understanding of Financial Markets and the functions of a Wholesale BankOperational Excellence - Strong skills in process development, efficiency and control enhancements. This includes building and improving operational processes with technology partnersEffective Stakeholder Management - Fosters an open dialogue and a positive working relationship with key stakeholders across the organization.Flexible and Accountable Leader - Ability to perform well in addressing ambiguous and unstructured problems and managing dynamic business requirements.Competencies and Personal Qualities:Ability to relate complex financial concepts in terms understandable to all audiences Excellent interpersonal and communication skillsProven track record of motivating and developing a group of individuals into high performing teams. Creates a positive and inclusive culture focused on teaching, developing and building the capabilities of the team.Knowledge of the features and characteristics of banking products as well as the financial risks associated with them.Education & E
-
LocationToronto, ON
-
SalaryNot available
-
Terms of employment
Full time
- Start date
Starts as soon as possible
- vacancies
1 vacancy
- Source
CareerBeacon
#2093362
Advertised until
2024-08-01
Important notice: This job posting has been provided by a partner site. Job Bank is not responsible for this content.
Report a problem with this job posting
Thank you for your help!
You will not receive a reply. For enquiries, please contact us.