CAN – Business Analyst IV

HRbrain Inc.; Toronto; On-site; CAD 90,000 - 120,000; Full time

Job summary

HRbrain Inc. is seeking a Liquidity Risk Analyst to support risk appetite and monitor day-to-day Liquidity Risk operations.

You will challenge projects to improve efficiencies, understand system changes and their impact on risk valuation processes, and collaborate with stakeholders to meet the bank’s objectives. Role requires knowledge of LCR, NSFR and regulatory environment; proficiency with Microsoft tools and programming (VBA, Python, SQL).

Qualifications

• Experience with Market and Liquidity Risk measurement and reporting.
• Knowledge of financial instruments, regulations and market risk metrics.
• Strong understanding of Regulatory and Compliance environment.
• Proficient with Microsoft applications.
• Programming skills in VBA, Python, SQL or Alteryx.

Responsibilities

• Support the risk appetite of the bank by guiding and monitoring day-to-day Liquidity Risk operations.
• Challenge and champion projects to improve efficiencies and business support.
• Understand system and model changes, their results, and impacts on risk and valuation processes.
• Take ownership and challenge process designs to deliver changes efficiently.
• Establish review of output quality based on business standards (Risk and P&L Valuation).
• Collaborate with partners to drive change and meet objectives.

Skills

Liquidity risk measurement

Risk reporting metrics

Microsoft applications

Programming: VBA, Python, SQL

Regulatory knowledge

Education

Master’s degree

CFA/FRM pursued/completed

Tools

VBA

Python

SQL

Alteryx

Job description

Support the risk appetite of the bank, by providing guidance and monitor 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, its results, and impacts, to 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 which includes, sharing knowledge and identifying opportunities to leverage complementary skills. Partner with our 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 on projects for the Liquidity team by providing requirements, interaction with tehnology and stakeholders, testing, present testing results and implementation of 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 or Regulatory and Compliance environment.
• Proficient 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