Head of Market Risk, US Prime Brokerage

About the role

We are seeking a highly experienced and strategic Head of Market Risk to lead risk oversight for our US Prime Brokerage business. This role is critical in shaping and executing the firm’s market risk framework, ensuring robust governance, and enabling informed business growth through disciplined risk management.

Responsibilities

• Own and evolve the market risk framework, including margin and gap risk methodologies, ensuring they remain forward-looking, scalable, and aligned with the firm’s risk appetite.
• Lead end-to-end oversight of market risk across the US Prime Brokerage platform, identifying emerging risks and implementing best-in-class analytics and metrics.
• Partner closely with Counterparty Credit, Counterparty Analytics, and Trading teams to deliver comprehensive risk coverage and a unified view of exposures.
• Act as a trusted advisor to trading desks, providing insight into positions, market dynamics, and strategic risk considerations.
• Drive risk governance, establishing and maintaining policies, procedures, and controls that underpin effective risk identification and management.
• Translate complex risk insights into action, briefing senior leadership on key exposures and influencing risk mitigation strategies.
• Engage with regulators, ensuring transparency, compliance, and alignment with evolving regulatory expectations.
• Lead stress testing and scenario analysis, designing robust frameworks across products, business lines, and firm-wide environments.
• Embed a risk-aware culture, fostering strong dialogue across stakeholders and promoting proactive risk management practices.

Requirements

Bachelor’s degree required; advanced degree in Mathematics, Finance, Economics, or a related field—or CFA designation—strongly preferred
10+ years of deep market risk experience, ideally within Prime Brokerage or a complex trading environment
Proven ability to lead and develop high-performing teams, with a strong track record in talent management and mentorship
Expertise across asset classes and a strong understanding of market structure and risk drivers
Exceptional communication skills, with the ability to clearly articulate risk decisions and influence senior stakeholders
Collaborative mindset, with demonstrated success partnering across front office, risk, and analytics functions
Strategic thinker with the ability to balance risk discipline with business enablement

Qualifications

Undergraduate degree in Business (Accounting or Finance) or Mathematics/Economics.
Series 7, 79 and 637-10 years related experience

Skills

Deep market risk experience
Strong analytical and problem-solving skills
Excellent communication and interpersonal skills
Ability to work collaboratively and effectively with cross-functional teams
Strong regulatory and compliance knowledge

Benefits

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.

Pay

$200,000 - $230,000 USD

Schedule

Full-time