Risk Analyst Co-op (Credit Risk Analytics – Credit Exceptions)

Risk Analyst Co-op (Credit Risk Analytics – Credit Exceptions)

Role Type: Internship/Co-op

Work Term: Summer/Term 3

Work Location: Toronto, Ontario, Canada

Hours: 37.5

Pay Details: $46,000.00 CAD

Job Description:

DEPARTMENT OVERVIEW

Co-op and Internship opportunities allow you to gain valuable work experience across a number of the businesses at TD. You will work with experienced colleagues, receive world class training, and be part of a community of students across TD, where you will have an impact, grow as an individual and experience our culture of care.

The Credit Risk Analytics (CRA) area is part of the TD Bank Corporate Risk Management function. Our teams are accountable for the generation and monitoring of an independent view of the Counterparty Credit Risk and Collateral activities of The Bank’s global trading activities.

JOB DESCRIPTION

A Summer Co-op within the Credit Exceptions team will primarily be focused on analysis, reporting, and monitoring of risk exposures ensuring that they are in accordance with established counterparty credit limits. The incumbent is expected to execute on infrastructure changes with regards to new or revised credit facilities.

The Co-op, Credit Exceptions would be accountable for the following core responsibilities, but are not limited to:

• Generate accurate and complete processes to measure and report on exposures ensuring that all reports are submitted as per reporting guidelines.
• Ensure risks within portfolios covered are correctly measured, aggregated, and analyzed in accordance with established and approved CAIRO counterparty limits.
• Provide analysis, reporting and monitoring of risk exposures and adhere to internal standards with regards to violations and the escalation of production issues.
• Ensure that all late or missing reports and related process metrics are recorded, documented and explained appropriately.
• Propose, schedule, plan and champion projects to improve efficiencies in order to provide more effective business support.
• Execute infrastructure changes with regards to implementation of new or revised policies or processes.
• Ensure internal control processes are adequate and documented appropriately as per the governance standards.
• Manage operational risk (e.g., cross-training, documentation, and audit).
• Liaise closely with the Bank’s front office traders, Credit Risk Management (CRM), Global Counterparty Credit (GCC), audit, technology groups, and other stakeholders.
• Perform ad-hoc analyses of specific metrics/exposures/transactions as required by management and stakeholders.
• Maintain a good understanding of the analytical principles underlying the risk management of financial derivatives.
• Complete monthly reconciliation to ensure accuracy of risk captured.

JOB REQUIREMENTS

• Currently enrolled in an undergraduate degree in Finance, Accounting, Analytics, Data, Business/Commerce or related field.
• Strong knowledge of financial products, and counterparty credit risk.
• Experience working with complex systems.
• Strong analytical skills and attention to detail.
• Excellent verbal and written communication skills.
• Technical skills (Excel/SQL/VBA/Python etc.) will also be viewed favourably.

ADDITIONAL INFORMATION

This position is a 4-month work term and will commence May 5th – August 29th, 2025.

We welcome all applications; however, we will only contact qualified candidates chosen for an interview. Thank you for your interest.

HOURS

Monday-Friday, standard business hours

INCLUSIVENESS

At TD, we are committed to fostering an inclusive, accessible environment, where all employees and customers feel valued, respected and supported.