Job Specifications

Location

Cherry Hill, New Jersey

Published

4 hours ago

Vice President - Market and Liquidity Risk, TD Securities


Focus on Non-Trading Market Risk (or Interest Rate Risk on Banking Book) and Liquidity Risk Management (Treasury/Balance Sheet Risk Management). A market risk position with oversight of the Treasury & Balance Sheet Management (TBSM) team which is responsible for measuring and managing the Bank’s interest rate and liquidity risk, including the oversight of the Bank’s investment portfolio. This position will also require significant regulatory project work.

Requirements
• 4 year degree required
• Advanced degree preferred
• Knowledge of interest rate, FX, and equity risk, including models and key
assumptions for both retail (mortgage) and wholesale banking and
investment products
• Knowledge and experience with key regulatory matters/initiatives
• Demonstrated strong conceptual and analytical abilities
• Must be able to effectively communicate complex issues and regulatory
requirements to senior management stakeholders
• Strong internal control orientation
• Strong understanding of and experience in implementing large scale and
complex programs/projects
• Exceptional problem-solving skills, communication skills (both written and verbal), and interpersonal skills
• Strong attention to detail and ability to meet tight deadlines
• Oversight of the Non-Trading Market Risk management, including independent reviews of key assumptions and model usage, hedging effectiveness and strategies, investment portfolio, and non-trading market risk framework and policy.
• Monitors and escalates the firm's non-trading market risk positions, including design and implementation of firm’s risk appetite.
• Oversight of the Liquidity Risk management, including independent reviews of liquidity stress testing methodology and assumptions, contingency funding plan, and liquidity risk management framework and policy.
• Monitors and escalates the firm's liquidity positions, including design and implementation of firm’s liquidity risk appetite and optimize available liquidity while understanding potential trade-offs between risk and return.
• Ensures the compliance of the Non-Trading Market Risk and Liquidity Risk management processes with both US and OSFI regulations, including Dodd-Frank’s Volcker and Enhanced Prudential Standards.
• Works closely with other business partners including Treasury and Balance Sheet Management, Front Office, and Internal and External Auditors.