Risk Analyst-Counterparty Credit Risk

BeachHead Inc.; Toronto; On-site; CAD 63,000 - 77,000; Full time

Job summary

BeachHead Inc. in Toronto, Ontario, is seeking a Risk Analyst-Counterparty Credit Risk to join the Credit Exception Management team within Market Risk and Counterparty Analytics.

You will analyze, monitor, and report on counterparty credit risk exposures and collaborate with front office, risk, audit, and technology teams. The role emphasizes adherence to credit limits, accuracy in risk measurement, and continuous process improvement to support the bank’s risk management objectives.

Qualifications

• Experience in counterparty credit risk and capital markets.
• Analytical mindset with high attention to detail.
• Ability to collaborate with front office, risk, audit and tech teams.

Responsibilities

• Investigate and escalate credit excesses at the facility level.
• Generate reports on risk exposures according to reporting guidelines.
• Measure, aggregate, and analyze portfolio risks within approved CAIRO counterparty limits.
• Monitor risk violations and elevate issues in a timely manner.
• Document and track late or missing reports, ensuring compliance with standards.
• Lead projects to enhance operational efficiencies and reporting processes.
• Implement infrastructure changes related to new or revised policies or procedures.
• Maintain internal controls and ensure documentation aligns with governance standards.
• Collaborate closely with front office traders, credit risk teams, audit, and technology groups.
• Conduct ad-hoc analyses of metrics, exposures, and transactions to support decision-making.
• Stay informed on financial derivative risk principles, including modeling and valuation issues.

Skills

Counterparty credit risk

Derivatives and bonds

Analytical skills

Communication skills

Attention to detail

Risk management

Vendor systems

Tools

SQL

VBA

Python

AI tools

Job description

Are you analytical with experience in risk analysis and financial markets?

Working with one of our top financial clients, this role calls for a Risk Analyst-Counterparty Credit Risk. The Risk Analyst will support the Credit Exception Management team within the Market Risk and Counterparty Analytics division, focusing on analyzing, monitoring, and reporting on risk exposures related to counterparty credit risk. This position involves collaboration with multiple internal stakeholders to ensure accurate measurement and control of risk, compliance with credit limits, and continuous process improvement to support the bank’s risk management objectives.

Pay rate range (CAD): $46.47/hr - $55.77/hr

Responsibilities

• Manage Counterparty Credit Risk by investigating and escalating credit excesses at the facility level
• Generate accurate reports on risk exposures according to reporting guidelines
• Measure, aggregate, and analyze portfolio risks within approved CAIRO counterparty limits
• Monitor risk violations and elevate issues in a timely manner
• Document and track late or missing reports, ensuring compliance with standards
• Lead projects to enhance operational efficiencies and reporting processes
• Implement infrastructure changes related to new or revised policies or procedures
• Maintain internal controls and ensure documentation aligns with governance standards
• Collaborate closely with front office traders, credit risk teams, audit, and technology groups
• Conduct ad-hoc analyses of metrics, exposures, and transactions to support decision-making
• Stay informed on financial derivative risk principles, including modeling and valuation issues

Desired Skill-Set

• Strong knowledge of financial products such as derivatives and bonds
• Experience with counterparty credit risk and capital markets
• Proven ability working with complex vendor systems
• Skills in impact assessments, requirements drafting, and testing
• Investigative mindset with high attention to detail and analytical skills
• Excellent communication and interpersonal abilities
• Strong organizational skills with the ability to prioritize multiple tasks

Nice to Have

• Previous experience in risk management roles
• Working knowledge of SQL, VBA, Python, or AI tools

BeachHead is an equal opportunity agency and employer. We advocate for our candidates and welcome applicants regardless of race, color, religion, national origin, sex, age, or physical or mental disability. BeachHead or our clients may use technology-enabled tools, including automation and artificial intelligence (AI), to support parts of the recruitment process such as resume screening, application management, and candidate matching. These tools assist our recruiters and our clients, and do not replace human decision-making. This job posting represents a current or anticipated vacancy. The position may be filled at any time, and the posting may be removed without notice once the role has been filled.

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