Associate, Market Risk Control - US Prime Services

Work Location:

New York, New York, United States of America

Hours:

40 Line of Business:
Risk Management Pay Detail: $90,000 - $125,000 USD 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.

TD Securities provides a wide range of M&A advisory, capital markets products, and services to corporate, government, and institutional clients. The firm serves clients globally, with a strategic presence in key financial centers including Toronto, Montreal, Calgary, Vancouver, New York, London, Singapore, and Tokyo.

The role is within the Market Risk Control team and is responsible for supporting the risk management activities of the US Prime Services business. The successful candidate will contribute to the identification, monitoring, and mitigation of counter party market and credit risk arising from Prime Brokerage client activity. This role requires strong analytical and problem-solving skills, sound risk judgment, and the ability to leverage data, technology, and automation to support effective risk management decisions in a fast-paced environment.

• Risk Management & Portfolio Oversight Monitor Prime Brokerage client portfolios and identify emerging market, credit, concentration, liquidity, and counter party risks.
• Apply sound risk judgment to day-to-day risk management situations, escalating material issues and recommending appropriate risk mitigation measures.
• Assist with the oversight of margin, collateral, and risk management processes to ensure alignment with TD's risk policies and risk appetite.
• Assess the impact of market events and stress scenarios on client exposures and portfolio risk profiles.
• Risk Analytics & Reporting Prepare risk dashboards, portfolio analytics, and management reporting for senior management, risk committees, and regulatory discussions.
• Analyze portfolio exposures and emerging risk trends, supporting enhancements to risk monitoring, stress testing methodologies, margin frameworks, and risk management practices.
• Contribute to the development and implementation of risk management policies, controls, and infrastructure improvements.
• Data, Automation & Innovation Utilize data analytics, automation, and AI-enabled tools to improve risk monitoring, reporting efficiency, and decision-making processes.
• Work with large and complex datasets from multiple internal and external sources to support risk analysis, portfolio monitoring, and business insights.
• Identify opportunities to enhance operational efficiency through automation, workflow optimization, and strengthened controls.
• Partner with Technology and Data teams to develop analytical solutions and improve the firm's risk management capabilities.
• Stakeholder Management Collaborate closely with Front Office, Operations, Credit Risk, Market Risk, Legal, Compliance, Technology, and Project teams.
• Communicate risk issues, recommendations, and analytical findings effectively to stakeholders across varying levels of seniority.
• Participate in business, regulatory, and strategic initiatives impacting the Prime Brokerage platform.

Minimum 3 years of experience in market risk, counter party credit risk, margin, collateral management, Prime Brokerage risk, or a related capital markets function.

Strong understanding of capital markets products and risk management concepts, including equities, fixed income securities, derivatives, and financing transactions.

Excellent analytical, quantitative, and problem-solving skills, with the ability to assess risk exposures and make sound recommendations.

Strong communication and interpersonal skills with the ability to interact effectively across business and functional teams.

Ability to work independently in a fast-paced environment while managing competing priorities and deadlines.

Data & Technology Skills Experience working with large and complex datasets to support risk analysis, portfolio monitoring, reporting, and business decision-making.

Strong data analytics and automation capabilities, including experience with tools such as Python, SQL, Power BI, Excel, or comparable technologies.

Experience developing automated reporting, dashboards analytical tools, or workflow efficiencies.

Familiarity with AI-enabled technologies and demonstrated ability to leverage them responsibly to enhance analytical workflows, reporting, and…