Head of Market Risk, Market Risk, Equity, Prime Brokerage

Head Of Market Risk, Equities, Prime Brokerage

The Head of Market Risk, Equities, Prime Brokerage provides oversight of Prime Brokerage globally. The role is accountable for establishing, monitoring and risk setting of both margin and gap risk frameworks. This role is responsible for identifying key market risks (and contingent market risks) and instituting appropriate risk metrics to assess these risks.

• Provides oversight of market risk for Prime Brokerage globally.
• Work closely with Counterparty Credit and Counterparty Analytics team to ensure adequate coverage for Prime Brokerage businesses. This includes the establishment, monitoring and risk setting of both margin and gap risk frameworks.
• Responsible for identifying key market risks (and contingent market risks) and instituting appropriate risk metrics to assess these risks.
• Maintains thorough understanding of all key risk and risk-related issues through continual review of risk reports / related data and dialogue with relevant parties.
• Establishes dialogue with TDS trading desks regarding current positions, key risks, market views and business strategies.
• Establishes and maintains policies and procedures governing how the business produces and manages market risk.
• Develops a thorough understanding of business strategies and key factors contributing to profitability.
• Brief senior management on key risks and works with trading desks on effective risk mitigation strategies.
• Regular engagement with global regulators, including OSFI & FRB.
• Works closely with Product Control to understand drivers of P&L and analyzes desks performance.
• Facilitates the design of appropriate stress tests and scenarios at product, business line and Firm levels
• Provides analysis and commentary of key risks across stress and capital measures for senior management review.
• Keeps abreast of new risk management techniques and industry literature.
• Demonstrates governance, control and risk management behaviors in alignment with TD policies.
• Effective business leader with experience leading high-impact and diverse teams.
• Discretionary authority to approve outside of policy limits
• Large / Complex Transaction Approvals
• Talent management / people development
• Recommend market risk policy to VP, Head of Market Risk & Counterparty Analytics.

Requirements :

Who We Are

TD Securities offers a wide range of capital markets products and services to corporate, government, and institutional clients who choose us for our innovation, execution, and experience. With more than 6,500 professionals operating out of 40 cities across the globe, we help clients meet their needs today and prepare for tomorrow. Our services include underwriting and distributing new issues, providing trusted advice and industry-leading insight, extending access to global markets, and delivering integrated transaction banking solutions. In 2023, we acquired Cowen Inc., offering our clients access to a premier U.S. equities business and highly-diverse equity research franchise, while growing our strong, diversified investment bank. We are growth-oriented, people-focused, and community-minded. As a team, we work to deliver value for our clients every day.

Our Total Rewards Package

Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical and mental well-being goals. Total Rewards at TD includes base salary and variable compensation / incentive awards (e.g., eligibility for cash and / or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition.

Additional Information

We're delighted that you're considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we're committed to providing the support our colleagues need to thrive both at work and at home. Colleague Development If you're interested in a specific career path or are looking to build certain skills, we want to help you succeed. You'll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD and we're committed to helping you identify opportunities that support your goals. Training & Onboarding We will provide training and onboarding sessions to ensure that you've got everything you need to succeed in your new role. Interview Process We'll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

Accommodation

TD Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or any other characteristic protected under applicable federal, state, or local law. If you are an applicant with a disability and need accommodations to complete the application process, please email TD Bank US Workplace Accommodations Program at USWAPTDO@td.com . Include your full name, best way to reach you and the accommodation needed to assist you with the applicant process.