Risk Analyst - Counterparty Credit Risk

CA-Procom; Toronto; Hybrid; CAD 70,000 - 90,000; Full time

Job summary

A leading banking services company is seeking a Risk Analyst - Counterparty Credit Risk in Toronto for a 5-month hybrid contract. This role involves critical analysis of counterparty credit risk exposures, providing support to the trading desk, and ensuring compliance with regulations like Basel III. The ideal candidate will have 2-3 years of capital markets experience and strong analytical skills. The position requires working onsite 2 days a week, specifically on Monday and Thursday.

Qualifications

• 2-3 years of capital markets work experience focused on counterparty credit risk.
• Knowledge of FINRA 4210 and emerging regulations.
• Knowledge in data processing techniques.

Responsibilities

• Build a detailed understanding of derivative and financing businesses.
• Provide ad-hoc support to Front Office and Credit Management.
• Review daily counterparty credit risk exposures and investigate anomalies.
• Perform daily analysis of potential future exposure and capital measures.
• Provide data mining and risk reporting support.
• Assess and monitor Counterparty Credit Wrong Way Risk.
• Work closely with Trading desk, Technology, Finance, and Credit Management.

Skills

Capital markets experience

Knowledge of Basel III

Proficient in MS Excel

Strong quantitative background

Analytical skills

Strong communication skills

Attention to detail

Education

CFA / FRM preferred

Master's degree in finance or risk management

Job description

Risk Analyst - Counterparty Credit Risk : On behalf of our Banking client, Procom is searching for a Risk Analyst - Counterparty Credit Risk for a 5 month contract role. This position is a hybrid position with 2 days onsite at our client’s Toronto office. Risk Analyst - Counterparty Credit Risk - Job Description : The role involves supporting the establishment and rollout of credit analytics across the bank. The successful candidate will work on production tasks, providing credit-related subject matter expertise, and facilitating trading of existing and new products. Risk Analyst - Counterparty Credit Risk - Responsibilities :

• Build a detailed understanding of derivative and financing businesses.
• Provide ad-hoc support to Front Office and Credit Management.
• Review daily counterparty credit risk exposures and investigate anomalies.
• Perform daily analysis of potential future exposure and capital measures.
• Provide data mining and risk reporting support.
• Assess and monitor Counterparty Credit Wrong Way Risk.
• Work closely with Trading desk, Technology, Finance, and Credit Management.
• Act as a subject matter expert for Counterparty Credit Risk Systems.
• Assist in quantitative aspects of TD risk policies. Risk Analyst - Counterparty Credit Risk - Mandatory Skills :
• 2-3 years of capital markets work experience focused on counterparty credit risk.
• Knowledge of Basel III, FINRA 4210, and emerging regulations.
• Proficient in MS Excel.
• Strong quantitative background and analytical skills.
• Knowledge in data processing techniques.
• Strong communication skills.
• Attention to detail. Risk Analyst - Counterparty Credit Risk – Nice-to-Have Skills :
• CFA / FRM candidates preferred.
• Experience with SFT knowledge / OTC derivatives.
• A master's degree in finance or risk management.
• Automation skills.
• Experience in capital market risk management. Risk Analyst - Counterparty Credit Risk – Assignment Length : The contract is until the end of January 2026, with the possibility of extension and conversion to full-time. Risk Analyst - Counterparty Credit Risk - Start Date : ASAP. Risk Analyst - Counterparty Credit Risk - Assignment Location : Toronto, Ontario, Canada. This is a hybrid role requiring 2 days in the office per week, specifically on Monday and Thursday.