CAN – Business Analyst IV

HRbrain Inc.; Toronto; On-site; CAD 70,000 - 90,000; Full time

Job summary

A financial institution located in Toronto is seeking an experienced professional to support its Liquidity Risk management. The candidate will provide guidance on operations, challenge efficiency projects, and ensure accuracy in risk and P&L valuations. Candidates should have a strong background in Market and Liquidity Risk measurement, familiarity with financial instruments, and regulatory knowledge. Programming skills in VBA, Python, or SQL are beneficial. A Master’s degree or CFA/FRM certification is preferred.

Qualifications

• Experience with Market and Liquidity Risk measurement and reporting including metrics such as LCR, NCCF, NSFR.
• Knowledge of financial instruments, regulations and market risk metrics.
• Strong understanding of the Regulatory and Compliance environment.

Responsibilities

• Support the risk appetite of the bank and monitor Liquidity Risk.
• Challenge and propose projects to improve efficiencies.
• Establish review and assessment of the quality of Risk and P&L Valuation outputs.

Skills

Market and Liquidity Risk measurement

Financial instruments knowledge

Regulatory and Compliance understanding

Proficiency with Microsoft applications

Programming skills (VBA, Python, SQL, Alteryx)

Education

Master’s degree

CFA/FRM pursuit or completion

Job description

Support the risk appetite of the bank, by providing guidance and monitoring day-to-day operations within the team regarding Liquidity Risk. Ensure all analysis is complete and accurate with thorough commentary, while escalating issues in a timely manner.

Effectively challenge, propose and champion projects to improve efficiencies, in order to provide more effective business support.

Understand system and model changes, their results, and impacts on our risk and valuation processes. Take ownership and challenge process designs to effectively and efficiently deliver changes.

Establish appropriate review and assessment of the quality of outputs based on business standards. This includes Risk and P&L Valuation outputs for your business. Foster an environment which allows the team to elevate matters effectively and efficiently to mitigate risk, while adhering to CMRM standards and Process Risk and Controls Self-Assessments.

Support in identifying innovative opportunities and help drive these initiatives.

Evolve analytical and attribution capabilities and business knowledge, and develop skills required for today and future, while understanding, identifying and responding proactively to current and emerging risks.

Collaborate with business partners, sharing knowledge and identifying opportunities to leverage complementary skills. Partner with stakeholders to drive and support change and to assist in meeting the bank’s objectives.

Develop and maintain a good understanding of the analytical principles underlying the pricing and risk management of financial derivatives, including issues that arise regarding financial modeling of products for Risk and P&L valuations.

Support and participate in projects for the Liquidity team by providing requirements, interacting with technology and stakeholders, testing, presenting testing results and implementing initiatives.

Help facilitate leadership, direction, advice and empowerment of the team, alongside management. Develop analysts through cross-training, indirect coaching (leading by example) and acting as the go-to person for daily processes and ad-hoc tasks.

Work alongside management during the recruitment process. Help identify high caliber candidates that will integrate successfully within the team.

Must Have

• Experience with Market and Liquidity Risk measurement and reporting including metrics such as LCR, NCCF, NSFR and Stress Scenarios
• Knowledge of financial instruments, regulations and market risk metrics, gained through academic study or practical experience
• Strong understanding of the Regulatory and Compliance environment
• Proficiency with Microsoft applications
• Programming skillsets such as VBA, Python, SQL, Alteryx is an asset to develop, modify and continually improve the risk management infrastructure used to capture and analyze risk

NICE TO HAVE

• Master’s degree
• Pursuit or completion of CFA/FRM
• Risk, Valuations and/or reporting systems knowledge