Credit Risk Analytics Manager

Fidelity Investments Canada; Toronto, Mississauga; Hybrid; CAD 85,000 - 125,000; Full time

Job summary

Fidelity Investments Canada is seeking a seasoned Credit Risk professional to develop and maintain analytics, monitoring frameworks, and reporting. The role focuses on analysis of client and counterparty exposures, margin adequacy, and risk concentration within a dynamic Canadian portfolio.

You will work in a flexible hybrid setup with eligibility for a Toronto/Mississauga location, and you will contribute to stress testing, data quality, and risk governance efforts with a cross-functional team.

Qualifications

• University degree or equivalent work experience in a finance or risk field.
• 5+ years of experience in Credit Risk or Institutional Risk Management.
• Experience assessing exposures, collateral adequacy, and concentration risk.
• Experience building risk analytics, measurement methodologies, and reporting.

Responsibilities

• Develop and maintain credit risk analytics and exposure monitoring frameworks.
• Evaluate current and potential exposures from trading and financing activities; monitor margins and concentration risk.
• Enhance data quality, automate reporting, and oversee data pipelines with vendors like Bloomberg and DataPhile.
• Monitor positions, margins, collateral values, and escalation of emerging risks.
• Produce management reporting and analytics to support risk decisions.

Skills

Credit risk analytics

Exposure monitoring

Stress testing

Data quality

Risk reporting

Education

University degree in Finance/Economics/Mathematics/Statistics or related field

Tools

Bloomberg

DataPhile

Job description

Job Description

You will be working on a flexible hybrid schedule as part of Fidelity's dynamic working arrangement.

Current work authorization for Canada is required for all openings.

The work location for this role is 483 Bay Street in Toronto until approximately late 2026, when the work location will change to the new Mississauga office at 3 Robert Speck Parkway.

Who We Are:

At Fidelity, we've been helping Canadian investors build better financial futures for over 35 years. We offer individuals and institutions a range of trusted investment portfolios and services - and we're constantly seeking to find new and better ways to help our clients. As a privately owned company, we boldly embrace innovation in all areas as we continue to grow our business into the future.

Working with us means you'll be part of a diverse and dedicated group of people who make a real difference for our clients and communities every day. You'll have a wide range of opportunities to grow and develop your career in an inclusive environment where you'll feel valued and supported to be your best - both personally and professionally.

What We Do (The Team You'll Be Part Of):

The role is responsible for developing and maintaining credit risk analytics, monitoring frameworks, stress testing methodologies, and reporting that support the effective management of institutional client and counterparty exposures. The role provides independent assessment of credit risk arising from trading and financing activities, monitors margin adequacy and concentration risk, identifies emerging credit concerns, and supports timely escalation of material credit risk events. The position also oversees data quality and analytics used in credit risk measurement and decision making.

How You'll Make An Impact:

Credit Risk Analytics & Exposure Monitoring

• Responsible for developing and maintaining credit exposure monitoring frameworks for institutional clients and counterparties.
• Evaluates current and potential future exposure arising from trading and financing activities, including margin utilization, collateral coverage, concentration risk, and counterparty credit quality.
• Monitors client exposures against approved limits and identifies emerging credit risks requiring escalation or remediation.
• Supports the ongoing enhancement of credit risk models, methodologies, and reporting.

Stress Testing & Scenario Analysis

• Responsible for enhancing and executing stress testing and scenario analysis to assess potential changes in counterparty credit exposure, collateral sufficiency, and client repayment capability under adverse market conditions.
• Evaluates potential impacts on credit losses and recommends actions to reduce exposure concentrations and mitigate risk.

Data Integrity & Vendor Oversight

• Responsible for ensuring the integrity, completeness, and reliability of data used in credit risk measurement, exposure monitoring, margin analysis, stress testing, and capital reporting.
• Develops and maintains robust data pipelines and reporting processes across internal systems and external vendors, including DataPhile, Bloomberg, and other sources.
• Continuously identifies opportunities to enhance data quality, automate reporting processes, and improve the efficiency and scalability of credit risk analytics.
• Acts as a subject matter expert and consultant for data-related credit risk initiatives and supports the resolution of data and system issues affecting risk measurement and reporting.

Credit Risk Monitoring & Early Warning Analytics

• Responsible for monitoring client positions, exposures, margin utilization, collateral values, and concentration levels to identify potential credit deterioration and emerging loss risks.
• Utilize Bloomberg, trade monitoring tools, and internal reporting tools to assess changes in risk profiles and ensure exposures remain within approved risk appetite and credit limits.
• Investigates exposure drivers and escalating credit concerns in accordance with established credit risk procedures.

Credit Risk Reporting & Oversight

• Responsible for maintaining effective first-line credit risk monitoring controls, escalation procedures, and reporting practices that support prudent management of client and counterparty exposures.
• Ensure timely identification and escalation of limit breaches, margin deficiencies, concentrated exposures, and material credit risk events.
• Produces management reporting and analytics to support informed credit risk decisions and capital utilization oversight.

What We're Looking For:

• University degree (Finance, Economics, Mathematics, Statistics, Business or related field) or equivalent work experience
• 5+ years of experience in Credit Risk, Counterparty Risk, or Institutional Risk Management.
• Experience assessing client and counterparty credit exposures, collateral adequacy, and concentration risk.
• Experience developing risk analytics, exposure measurement methodologies, and management reporting.
• Experience managing data q