Analyst, Risk Monitoring

TMX Group; Montreal; On-site; CAD 60,000 - 100,000; Full time

Job summary

Join a forward-thinking company where you'll be part of the Post Trade Risk Management team, ensuring financial risks are managed effectively. This role offers the opportunity to engage in daily risk reporting, collaborate with various teams, and contribute to the development of risk management tools. With a focus on innovation and collaboration, you'll help maintain market integrity and stability while working in a supportive environment that values growth and wellness. If you're ready to make an impact and thrive in a dynamic setting, this is the perfect opportunity for you.

Benefits

Flexible Work Hours

Generous Time-off

Wellness Programs

Professional Development Opportunities

Qualifications

• 1-3 years of relevant risk management experience in fixed income or derivatives.
• Knowledge of SQL and experience in data analytics and visualization.

Responsibilities

• Produce risk parameters and analysis for exchange-traded derivative products.
• Conduct qualitative and quantitative analysis on market, liquidity, and credit risks.

Skills

Risk Management

SQL

Data Analytics

Attention to Detail

Interpersonal Skills

Education

Master's Degree in Finance

Bachelor's Degree in Finance

Tools

Tableau

PowerBI

Python

Matlab

VBA

Job description

time type Full time

posted on Posted 2 Days Ago

job requisition id R-5087

Venture outside the ordinary - TMX Careers

The TMX group of companies includes leading global exchanges such as the Toronto Stock Exchange, Montreal Exchange, and numerous innovative organizations enhancing capital markets. United as a global team, we’re connecting cross-functionally, traversing industries and geographies, moving opportunity into action, advancing global economic growth, and propelling progress. Through a rich exchange of ideas, meaningful collaboration, and a nimble operating model, we're powering some of the nation's most critical systems, fueling capital formation and innovation, bringing increased opportunity to business visionaries, product ingenuity to consumers, and career exploration to our team.

Ready to be part of the action?

Job Summary

The Post Trade Risk Management team at TMX ensures the Canadian Depository for Securities (CDS) and Canadian Derivatives Clearing Corporation (CDCC) financial risks are managed according to TMX's risk appetite and policy. Applying a matrix structure for first and second line of defense, the team manages credit, market, liquidity, model, and operational risks using sophisticated tools and collaborates with internal and external partners. As systemically important entities, TMX Post Trade ensures market integrity and stability, meeting G20 commitments.

Reporting to the Manager of the CDCC Risk Monitoring team , the Analyst, Risk Monitoring will primarily focus on daily risk reporting and analysis. This role also involves conducting studies, developing and implementing risk management tools, and contributing to the ongoing enhancement of risk management policies. Furthermore, the Analyst will collaborate closely with other Risk Management teams.

Key Accountabilities:

Produce timely, accurate risk parameters and analysis related to exchange-traded derivative products and cleared OTC markets

Conduct qualitative and quantitative analysis on market, liquidity and credit risks and produce various risk reports for CDCC management and Board of Directors

Contribute to the risk analysis of new products or initiatives and assess the impact of these on CDCC’s risk processes and measures

Develop new risk management processes and support the maintenance of related procedures to meet the business and regulatory requirements

Utilize programming skills to optimize current risk management processes with analytics tools ensuring that effective controls are in place

Provide assistance to identify the production related incidents, perform root cause analysis and present findings/solutions based on the understanding of the business

Proactively assist with ad-hoc request from external partners (Clearing Members, Regulators, etc) to provide insights and integrated data related to CDCC clearing service

Create the risk testing cases/strategies and support the risk validations in UAT to ensure the smooth implementation of business and IT delivery

Collaborate with multiple working groups (e.g., Information Technology, Risk Architecture, CDCC Operations, etc.) on projects that relate to risk management

Must haves:

A Master degree in finance, financial engineering or a Bachelor degree in finance, financial engineering or the equivalent with 1 to 3 years of relevant experience

Relevant risk management experience in fixed income or derivatives preferred

Knowledge of SQL language or other database query tools

Experience in data analytics, data visualisation (e.g., Tableau, PowerBI) and reporting

Strong attention to detail

Self-starter who is proactive and capable of working independently

Strong interpersonal skills and work well in a team environment

Ability to reflect, summarize, and present sophisticated ideas

Nice to haves:

Experience in Python, Matlab, VBA or other programming languages

Experience in Bloomberg

Experience with equity TRS swap products (products, market structure, risk management)

Fluency in both French and English (written and spoken) is an asset, as this role involves regular interaction with partners and stakeholders in both languages

In the market for…

Excitement - Explore emerging technology and innovation, as well as ventures and digital finance that shape the future of global markets! Experience the movement of the market while grounded in the stability of close to 200 years of success.

Connection - With site hubs in some of the world’s most multicultural cities, we leverage our size and structure to create rich connections and belonging while experiencing powerful global impact through our work.

Impact - More than a platform, we use our talents to power mission-critical systems that drive global economic advancement, innovation, and growth. As well, our employee-led Team Impact spreads social good via our giving strategy.

Wellness - From empathetic leadership to a culture of flexibility and balance, we believe wellness at work creates the maximum yield and a stronger “we”. Plus, with a cloud-first and hybrid workstyle, as well as generous time-off and leaves, we support a life well lived!

Growth - From a growth mindset in our work, to expansion in our business, TMX is home to action-takers energized by the achievement of ambitious growth.

Ready to enrich your career with impactful work, leaders who truly care, and the flexibility and programs to help you thrive as part of #TeamTMX ? Apply now.

TMX is committed to creating and sustaining a collegial work environment in which all individuals are treated with dignity and respect and one which reflects the diversity of the community in which we operate. We provide accommodations for applicants and employees who require it.