Counterparty Credit Risk Analyst

BeachHead; Toronto; On-site; CAD 70,000 - 100,000; Full time

Job summary

A leading financial institution is seeking a Counterparty Credit Risk Analyst to enhance credit analytics across the Bank. The ideal candidate will leverage their quantitative skills and experience in risk analysis to support trading and monitor credit exposures. This role offers an opportunity to engage with various stakeholders and contribute to strategic initiatives while ensuring compliance with regulatory standards.

Qualifications

• 2-4+ years of Risk Analyst experience with a strong quantitative background.
• At least 2 years of experience with FINRA 4210.
• Strong exposure to Capital Markets as a Finance or Risk Analyst.

Responsibilities

• Build understanding of derivative and financing businesses supported by Market Risk & Counterparty Analytics.
• Review daily counterparty credit risk exposures and investigate anomalies.
• Collaborate with Trading desk, Technology, Finance, and Credit Management.

Skills

Quantitative analysis

Data processing

Capital Markets exposure

Initiative

Time management

Job description

Working with one of the top financial clients, this role calls for a Counterparty Credit Risk Analyst who will play a key role in the establishment and rollout of credit analytics across the Bank. The successful candidate will act as a subject matter expert for Counterparty Credit Risk Systems.

Responsibilities :

1. Build a detailed understanding of the various derivative and financing businesses supported by Market Risk & Counterparty Analytics.
2. Provide ad-hoc support to Front Office and Credit Management to facilitate trading of existing and new products.
3. Review daily counterparty credit risk exposures and investigate any credit anomalies.
4. Perform daily analysis of potential future exposure and various capital measures.
5. Provide credit-related subject matter expertise for ongoing strategic initiatives within the firm.
6. Support data mining and risk reporting for internal or external requests.
7. Assess and monitor Counterparty Credit Wrong Way Risk in accordance with the bank’s risk appetite and policies.
8. Identify key risks in specific business lines and across the firm, providing ongoing commentary on stress test results.
9. Collaborate with Trading desk, Technology, Finance, Model Development, and Credit Management to support credit risk analytics.
10. Stay informed about regulatory developments related to risk reporting and capital measures.
11. Assist in quantitative aspects of client risk policies involving credit exposures.
12. Review risk reports and data to maintain an understanding of key risk issues, engaging with relevant parties.
13. Support Technology Solutions in model implementation.
14. Enhance methodologies used in client risk analytics continuously.

Desired Skill Set :

1. 2-4+ years of Risk Analyst experience with a strong quantitative background.
2. At least 2 years of experience with FINRA 4210.
3. Experience with data processing.
4. Strong exposure to Capital Markets as a Finance or Risk Analyst.
5. Ability to take initiative, prioritize, and manage time effectively to complete projects.

Nice To Have :

1. Exposure to Basel III requirements.
2. CFA or FRM designation.

BeachHead is an equal opportunity employer and agency. We welcome applicants regardless of race, color, religion, national origin, sex, disability, or age.