Risk Analyst III TDJP00056433

Randstad Canada; Toronto; On-site; CAD 70,000 - 90,000; Full time

Job summary

A dynamic agency is seeking a Risk Analyst in Toronto. This role involves ensuring financial health in capital markets, collaborating with various teams, and becoming a subject matter expert. The ideal candidate has a strong understanding of risk exposure and financial products. Join us to make an impactful contribution to monitoring regulatory compliance and enterprise-wide frameworks.

Qualifications

• Experience analyzing risk exposure.
• Strong understanding of security financing transitions.
• Familiarity with Comprehensive Approach/SACCR methodology.

Responsibilities

• Become a subject matter expert on risk reporting.
• Generate management and counterparty credit limit monitoring reports.
• Implement infrastructure changes for new policies or products.
• Analyze and monitor risk exposures adhering to internal standards.

Skills

Risk exposure analysis

Understanding of financial products

Familiarity with SACCR methodology

Experience with Python

Proficiency with MS Office

Job description

Are you a highly motivated and detail-oriented risk professional looking to make a significant impact? We're a dynamic agency seeking a Risk Analyst to join our team. In this role, you'll be a key player in ensuring the financial health and stability of our client's capital markets. You'll work at the forefront of risk management, collaborating with various teams and becoming a subject matter expert in capital markets risk.

Advantages

• Be a leader: Take on a pivotal role as a subject matter expert, guiding the team on critical risk and data-mapping responsibilities.
• Influence and innovate: You'll have the opportunity to propose, plan, and champion projects that improve efficiency and provide more effective business support.
• Collaborate with top professionals: You’ll work closely with front-office traders, credit risk managers, and other key stakeholders.
• Stay ahead of the curve: Gain a deep understanding of the analytical principles behind risk management for a wide range of financial products.
• Make a real impact: Your work will directly contribute to the effective monitoring of the enterprise-wide large exposures framework and compliance with regulatory reporting.

Responsibilities

• Become a subject matter expert on risk and mapping responsibilities for daily, monthly, and quarterly regulatory reporting (OSFI B2/SCCL).
• Generate accurate and complete reports, including management and counterparty credit limit monitoring reports.
• Review and research data mappings that drive reporting, such as business, client, product, and legal entity information.
• Implement infrastructure changes related to new or revised policies, products, or processes.
• Analyze, monitor, and report on risk exposures while adhering to internal standards for violations and issue escalation.
• Ensure all late or missing reports are appropriately recorded, documented, and explained.
• Propose and lead projects to enhance efficiency and provide better business support.
• Maintain and document internal control processes to meet governance standards.
• Manage operational risk through activities like cross-training and robust documentation.
• Liaise with various internal stakeholders, including front-office traders, credit risk management, and technology groups, to help the organization meet its objectives.
• Perform ad-hoc analyses of specific metrics, exposures, and transactions as needed by management.
• Maintain a strong understanding of analytical principles for managing risk across all product types.

Qualifications

Must-Haves:

• Demonstrable experience with analysis of risk exposure.
• A strong understanding of financial products, particularly security financing transitions like repo, reverse repo, and security lending.
• Familiarity with the Comprehensive Approach and SACCR methodology.

Nice-to-Haves:

• Experience with Python and SQL.
• Proficiency with the MS Office suite (Access, Excel, PowerPoint).

Summary

We are seeking a Risk Analyst who thrives in a collaborative and fast-paced environment. Your expertise will be crucial in monitoring and providing an independent view of our client’s capital markets trading activities. If you’re a natural leader with a keen eye for detail and a solid understanding of financial risk, you’ll fit right in. Join us and help our client maintain an effective enterprise-wide large exposures framework and ensure compliance with regulatory standards.

Ready to take the next step in your career? 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.