Risk Analyst, Credit Exception Management - TDJP00058678

Randstad Canada; Toronto; Hybrid; CAD 85,000 - 120,000; Full time

Benefits offered by this job

Downtown Toronto office

Contract with potential extension

Hybrid work model

Job summary

Randstad Canada seeks an experienced Risk Analyst III to join the Market Risk and Counterparty Analytics group. The role focuses on quantitative analysis, reporting, and monitoring of counterparty credit risk across global trading activities within a leading Canadian bank.

Based in Toronto with a hybrid schedule (4 days in-office weekly, downtown location). This 6-month contract offers growth potential with a strong extension possibility and collaboration with seasoned risk professionals.

Qualifications

• 5 to 7 years of experience in financial services risk management or investigations.
• Strong knowledge of derivatives, bonds, and counterparty credit risk.
• Experience with complex vendor systems and requirements drafting.

Responsibilities

• Investigate, track, and escalate counterparty credit risk exposures.
• Generate accurate exposure reports aligned with guidelines.
• Monitor portfolio risk and analyze against approved limits.
• Support infrastructure changes, new facilities, and policy updates.
• Collaborate with front office, risk, operations, and tech teams.

Skills

Risk analysis

Counterparty risk

Credit risk

Financial products knowledge

Communication skills

Education

Bachelor's degree in finance or related field

Tools

SQL

Python

VBA

Excel

Job description

Are you an experienced risk professional looking to make an impact within a leading financial institution? Randstad is currently seeking a detail-oriented Risk Analyst III to join the Market Risk and Counterparty Analytics group with one of Canada’s top banks.

As a Risk Analyst III, you will join the Credit Exception Management team, focusing on the quantitative analysis, reporting, and monitoring of counterparty credit risk exposures across global trading activities. Working in a dynamic, collaborative environment, the Risk Analyst III plays a crucial role in investigating and escalating credit excesses, executing infrastructure updates, and partnering closely with key stakeholders across market risk, credit risk, front office, and technology.

This position is a 6-month contract opportunity with a strong possibility for extension. The role is based in Toronto, ON, on a Hybrid work model requiring 4 days in-office per week at the downtown location (with Thursday as an anchor day).

Advantages

• Leading Financial Institution: Gain valuable experience working within a premier global bank.
• Contract with Growth Potential: Initial 6-month contract with a solid possibility for extension.
• Prime Downtown Location: Beautiful office location in the heart of Toronto’s financial district (TD Centre).
• Collaborative Environment: Work alongside a highly supportive, specialized team of industry experts.

Responsibilities

• Manage counterparty credit risk by thoroughly investigating, tracking, and escalating credit excesses at the facility level.
• Generate precise exposure reports and ensure all metrics strictly align with reporting guidelines and internal standards.
• Monitor portfolio risk exposures, ensuring proper measurement, aggregation, and analysis in accordance with approved counterparty limits.
• Perform impact assessments, draft requirements, and conduct testing for infrastructure changes, new credit facilities, and policy updates.
• Document, explain, and resolve production issues, late reports, and process metrics.
• Partner and liaise effectively with internal stakeholders including front office traders, Credit Risk Management, Global Markets Credit, operations, and technology teams.
• Champion process improvements and support operational risk management through cross-training and documentation standard adherence.

Qualifications

Must Haves:

• 5 to 7 years of overall professional experience within the financial services industry, ideally within risk management or investigation roles.
• Strong technical knowledge of financial products (specifically derivatives and bonds), counterparty credit risk, and capital markets.
• Demonstrated expertise in investigation, complex problem-solving, and sound financial acumen.
• Hands‑on experience working with complex vendor systems.
• Proven experience conducting impact assessments, drafting requirements, and performing testing for projects.
• Excellent interpersonal and communication skills with the ability to convey complex risk information clearly to cross‑functional teams.

Nice to Haves:

• Undergraduate degree in a related discipline; post-graduate degree or professional designations such as CFA or FRM preferred.
• Direct experience in specialized Risk Management roles.
• Working knowledge of technical and analytical tools such as SQL, VBA, Python, or AI applications.

Summary

If you bring strong capital markets acumen, exceptional investigative skills, and a proven background in counterparty credit risk, we want to hear from you!

Randstad Canada is committed to fostering a workforce reflective of all peoples of Canada. As a result, we are committed to developing and implementing strategies to increase the equity, diversity and inclusion within the workplace by examining our internal policies, practices, and systems throughout the entire lifecycle of our workforce, including its recruitment, retention and advancement for all employees. In addition to our deep commitment to respecting human rights, we are dedicated to positive actions to affect change to ensure everyone has full participation in the workforce free from any barriers, systemic or otherwise, especially equity‑seeking groups who are usually underrepresented in Canada’s workforce, including those who identify as women or non‑binary/gender non‑conforming; Indigenous or Aboriginal Peoples; persons with disabilities (visible or invisible) and; members of visible minorities, racialized groups and the LGBTQ2+ community.

Randstad Canada is committed to creating and maintaining an inclusive and accessible workplace for all its candidates and employees by supporting their accessibility and accommodation needs throughout the employment lifecycle. We ask that all job applications please identify any accommodation requirements by sending an email to [e-mail] to ensure their ability to fully participate in the interview process.

This posting is for existing and upcoming vacancies.