Market Risk Manager

CIBC Mellon; Toronto; Vor Ort; CAD 98.000 - 148.000; Vollzeit

Zusammenfassung

CIBC Mellon is seeking a Market Risk Manager to lead the review of risk analytics and challenge strategies across market, credit, and liquidity risk. You will ensure accuracy, integrity, and effectiveness of risk assessments and reporting.

In this role, you will communicate exposures to stakeholders, mentor junior team members, and help develop risk policies aligned with regulatory requirements. A strong foundation in finance and risk management, plus analytical and communication skills, is

Qualifikationen

• Minimum of 5 years of experience in risk management, with demonstrated experience in market, credit, interest rate, and liquidity risk.
• Undergraduate or graduate degree in Finance, Economics, Mathematics, or related discipline.
• Progress toward or completion of professional designations such as CFA, FRM, CSC, or other relevant investment and risk-related certifications is considered an asset.
• Proven knowledge of risk measurement methodologies, including fixed income valuation and risk sensitivities.
• Strong analytical, critical thinking, and problem-solving skills, with the ability to assess complex issues and provide sound risk-based recommendations.
• Strong verbal and written communication skills, with the ability to build effective working relationships across cross-functional teams, business partners, and stakeholders at multiple levels of the organization.
• Strong organizational skills and the ability to manage multiple priorities and deadlines in a fast-paced, demanding environment.

Aufgaben

• Communicate market exposures, risk concerns, and recommended mitigation strategies clearly to stakeholders at all levels.
• Partner with business units and senior leaders to identify, assess, monitor, and mitigate potential risk exposures within approved risk appetite.
• Act as a subject matter expert and provide expert advice and independent challenge on risk issues, business initiatives, transactions, and strategic decisions.
• Contribute to the development, enhancement, and maintenance of risk management policies, procedures, controls, and frameworks in alignment with regulatory requirements and industry best practices.
• Provide coaching, mentorship, feedback, and technical guidance to junior members of the team.
• Monitor market developments, emerging risks, and industry trends, and recommend enhancements to risk management strategies, reporting, and processes.
• Oversee market and credit risk activities CIBC Mellon is exposed to, ensuring all risks are identified, assessed, monitored and mitigated in accordance with regulatory requirements and the company’s strategic objectives and risk appetite.
• Promote risk awareness and a strong risk culture across the organization by sharing expertise and providing guidance to colleagues and stakeholders.

Kenntnisse

Risk management

Risk measurement

Analytical thinking

Communication skills

Regulatory knowledge

Ausbildung

Finance/Economics/Math degree

Jobbeschreibung

CIBC Mellon is a leading provider of asset servicing solutions to institutional investors in Canada, including multi-currency accounting, fund valuation, and investment information reporting. We are passionate about providing exceptional client service backed by our culture of innovation and success. Our outstanding employee experience will provide you with opportunities to learn and grow professionally while supporting the communities in which you live and work.

We are a diverse and dynamic workplace where employees take an active role in delivering on strategic objectives while advancing their individual career goals. We encourage innovative thinking and give our employees the support and resources they need to turn great ideas into actions.

We’re always looking for talented people who can make a meaningful difference for our clients, our company and our communities. To learn more about why our employees love coming to work each day, visit www.cibcmellon.com/experience.

Position Overview:

As part of the second line of defense, the Credit and Market Risk team is essential in protecting CIBC Mellon from credit, market, and liquidity risks. The Market Risk Manager is responsible for reviewing and challenging the risk analytics and strategies developed by first line business units, ensuring their accuracy, integrity, and effectiveness.

Responsibilities:

• Communicate market exposures, risk concerns, and recommended mitigation strategies clearly and effectively to stakeholders at all levels of the organization.
• Partner with business units and senior leaders to identify, assess, monitor, and mitigate potential risk exposures within approved risk appetite.
• Act as a subject matter expert and provide expert advice and independent challenge on risk issues, business initiatives, transactions, and strategic decisions.
• Contribute to the development, enhancement, and maintenance of risk management policies, procedures, controls, and frameworks in alignment with regulatory requirements and industry best practices.
• Provide coaching, mentorship, feedback, and technical guidance to junior members of the team.
• Monitor market developments, emerging risks, and industry trends, and recommend enhancements to risk management strategies, reporting, and processes.
• Oversee market and credit risk activities CIBC Mellon is exposed to, ensuring all risks are identified, assessed, monitored and mitigated in accordance with regulatory requirements and the company’s strategic objectives and risk appetite.
• Promote risk awareness and a strong risk culture across the organization by sharing expertise and providing guidance to colleagues and stakeholders.

Qualifications:

• Minimum of 5 years of experience in risk management, with demonstrated experience in market, credit, interest rate, and liquidity risk.
• Undergraduate or graduate degree in Finance, Economics, Mathematics, or a related discipline.
• Progress toward or completion of professional designations such as CFA, FRM, CSC, or other relevant investment and risk-related certifications is considered an asset.
• Proven knowledge of risk measurement methodologies, including fixed income valuation and risk sensitivities.
• Strong analytical, critical thinking, and problem-solving skills, with the ability to assess complex issues and provide sound risk-based recommendations.
• Strong verbal and written communication skills, with the ability to build effective working relationships across cross-functional teams, business partners, and stakeholders at multiple levels of the organization.
• Strong organizational skills and the ability to manage multiple priorities and deadlines in a fast-paced, demanding environment.

CIBC Mellon's Values:

Get it Right Every Day: Deliver service excellence while always acting with the highest ethical standards

Put Clients at the Centre: Advocate for clients by listening, sharing knowledge, and bringing the right solutions forward

Be One Family: Challenge, empower and recognize your colleagues

Take Ownership: Speak up, speak out, and make things better

Job Specific Competencies:

• The salary band for this position ranges between $98,000 - $148,000.
• Individual pay is determined by factors such as job-related skills, market conditions, relevant experience, education, training, and internal equity.
• Please note, our recruitment process may include the use of AI-assisted tools.
• This posting is for an existing vacancy.