Business Analyst

Business Analyst

Location: New York, NY

Onsite Flexibility: Hybrid — 4 days in office, 1 day work from home (Friday WFH, flexible)

• Position Type: Contract
• Contract Duration: 13 months (with potential for extension and conversion based on business needs and performance)
• Pay Rate: $55.00–$60.00 / Hour (USD)
• Shift /
  
  Schedule:
  
  Monday–Friday, core business hours — 40 hours per week, 8 hours per day
• Travel Requirements: Not required
• Work Authorization: Applicants must be authorized to work for ANY employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.

This 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.

• 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.

• 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.

• 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.

• 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.

• Develops and maintains quantitative risk analytics, reporting infrastructure, and data solutions supporting market and credit risk management across cash and synthetic prime brokerage businesses.
• Designs and maintains a proprietary Python-based analytics library used to aggregate and transform data from multiple platforms, enabling scalable reporting and risk monitoring.
• Performs quantitative analysis, methodology validation, statistical testing, and framework enhancements supporting margin methodologies, stress testing,…