In using the quantify risks TD also uses various tools and techniques like

In using the quantify risks td also uses various

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In using the quantify risks, TD also uses various tools and techniques like stress testing, value at risk (VAR) analysis, limits, and scenario analysis. There are different examples of how TD measures risks like liquidity coverage, credit losses, trending analysis, capital adequacy metrics,
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5 TD Banks Case Study and peer comparisons. TD also uses and conducts structured Risk and Control Self-Assessment (RCSA) programs for the external and internal events in risk events. This will help to identify, monitor, and escalate risks issues as needed. TD also have the enterprise-wide stress testing involving the application, development, and assessment of different severe but different plausible scenarios involving liquidity, earnings, and capital of the bank. These scenarios help TD’s board members, senior management, and associated committees to understand and identify the enterprise-wide risks and vulnerabilities will affect TD and its operations. This will help and informs of support risk appetite, liquidity requirements, capital adequacy, and by providing the framework to assess contagion risks, concertation risks, and emerging risks.
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6 TD Banks Case Study Reference: Fraser, J. R., Simkins, B. J., & Narvaez, K. (2015). Implementing Enterprise Risk Management Case Studies and Best Practices. Hobonken, New Jersey, USA: John Wiley & Sons, Inc. Kreiser, J. (2013, August 23). Five Benefits of Enterprise Risk Management ERM: CLA (CliftonLarsonAllen). Retrieved from - benefits-of-enterprise-risk-management
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