As a senior analyst within the Wholesale Bank Treasury at TD Bank, Brad Groenenberg ‘09 has a very important role. Simply put, his team ensures the bank has enough cash to meet its daily obligations and regulatory requirements.
For Mr. Groenenberg, his path to Bay St. originated at Trent University. Through his Honours B.Sc. degree in Economics he acquired an in-depth understanding of major forces that drive global markets, and a key skillset that mobilized his career momentum.
“I employ this knowledge on a daily basis to understand market movements and decompose previous crises periods,” states Mr. Groenenberg. “A degree in Economics also teaches a basic set of skills that can be used to dissect, analyze, and interpret the interplay of major factors within complex systems. This skillset has proved to be invaluable when taking on new challenges.”
After completing a master’s degree in Financial Economics he worked with TD Securities in their Investment Banking division before joining the Wholesale Bank Treasury at TD Bank as a senior analyst.
Currently, Mr. Groenenberg is working with his team to develop a new global liquidity stress testing model which assesses the impact of various economic crises on the wholesale bank’s balance sheet and reported liquidity metrics such as Liquidity Coverage Ratio (LCR) and Net Cumulative Cashflow (NCCF).
Mr. Groenenberg encourages students interested in Economics to follow the markets and read as much as possible to build a solid knowledge base and gain experience in relating course theory to observed reality.
“The Research Methodology in Economics course provides a fantastic opportunity to explore an area of interest in greater detail,” he said. “This can be extremely useful when preparing for job interviews or learning basic complexities of a particular area in order to launch a successful career.”