Head of Market Risk, US Prime Brokerage
TD Bank
- Location
- New York, New York
- Work model
- On-Site
- Level
- Staff
- Salary
- $200k – $230k/yr
- Posted
- Sep 9, 2026
About this role
Line of Business: Risk Management Pay Detail: $200,000 - $230,000 USD 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
Head of Market Risk – US Prime Brokerage 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. What You’ll Do 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. What You Bring 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 _____________________________________________________ The Director Risk TDS is primarily accountable for providing a comprehensive and diverse range of risk management expertise to business leaders and implementing appropriate risk frameworks and leading related management activities to mitigate enterprise or business wide risk exposures for key business segment of the Bank or functional area Depth & Scope: Generally an expert at the enterprise or group business level, requiring broad managerial and deep specialized knowledge of risk management issues at the enterprise, business, regulatory and industry levels Acts as the primary regulatory interface