Algo Risk Specialist, TD Securities (3785)
Job Description
Description
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Work Location:
Toronto, Ontario, Canada
Hours
37.5
Line Of Business
Risk Management
Pay Details
$91,200 – $136,800 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 at TD. Our 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.
Job Description
Position Summary
The Risk Control mandate is to bring transparency to the risks in TD Securities (TDS). This is achieved by taking a leadership role in the accurate, complete, objective assessment of all key algorithmic risks in TD Securities globally through the identification, understanding, control and ongoing review of these risks.
The Position Will Have The Following Important Facets
- Reporting to the Senior Algo Risk Manager, Market Risk Control, Toronto, the position will be part of a team providing 2nd line challenge and review of algorithmic risk, working in partnership with the business (1A and 1B), Compliance, Technology, Model Validation and other areas of Risk.
- Formalize TDS’s overall e-/Algorithmic trading risk appetite and evolve risk management operating model accordingly – by working with the AVP and Sr. Risk Manager, MRC, to maintain Global Algorithmic Risk Policy and algorithmic control standards in line with overall algorithmic trading risk management framework.
- Continuous development of partnerships with the stakeholders.
- Provision of support throughout the algo lifecycle involving regular contacts with 1A and 1B lines of defence and implementation of a robust process to capture key risk management ‘artifacts’, templates, and reporting across algorithmic lifecycle steps.
- Provision of advice across 2nd line and coordination with other stakeholders (like Model Validation when Algorithmic classified as model and Compliance in all cases).
- Development and regular review and approval of governance standards.
- Understand and comply with TD Policies, regulatory and compliance requirements.
- Demonstrate governance, control and risk management behaviours in alignment with TD policies and practices.
- Responsibility to ensure that execution of one’s function is in line with documented procedures specific to the role or business.
The Candidate
- The candidate should have understanding of Algorithmic trading risk and/or Operational risk management
- Strong communication skills (verbal and written) with the ability to build relationships across functional teams, colleagues, partners, and stakeholders at multiple levels
- Ability to work independently and as part of a larger team
Who We Are
TD is one of the world’s leading global financial institutions and is the fifth largest
Company
TD
Location
Toronto
Country
Canada
Salary
100.000
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