Risk Analyst IV

ICONMA; Toronto; Hybrid; CAD 60,000 - 80,000; Full time

Job summary

A banking company is seeking a Risk Analyst IV in Toronto for a hybrid role. The ideal candidate will oversee market and liquidity risk, providing crucial analysis and regulatory reporting. This position requires strong analytical skills, knowledge of financial instruments, and the ability to manage risks effectively. Applicants should have experience with collateral risk and be proficient in Microsoft applications, with programming skills considered an asset. Join this dynamic team and contribute to impactful financial decisions.

Benefits

Health Benefits

Referral Program

Growth and advancement opportunities

Qualifications

• Experience with Collateral and/or Liquidity Risk measurement and reporting.
• Ability to work in a fast-paced environment.
• Knowledge of risk, valuations, and reporting systems is an asset.

Responsibilities

• Support H4 and Securities Holding Return regulatory submission processes.
• Collaborate with business partners to meet the Bank’s objectives.
• Ensure operational and regulatory risks are correctly measured.

Skills

Collateral Risk measurement and reporting

Microsoft applications (Excel, PowerPoint)

Financial instruments knowledge

Strong communication skills

Attention to detail

Teamwork and individual work ability

Programming (VBA, Python, SQL)

Job description

Our Client, a Banking company, is looking for a Risk Analyst IV for their Toronto, ON/Hybrid location.

Responsibilities

• The Market Risk team is responsible for an independent oversight of enterprise wide market, counterparty credit and liquidity risk while ensuring all significant risks and results are measured and reported. Our professionals thrive in providing guidance to business leaders on risk positions, strategies and capital by assessing and reporting the Bank's trading and non-trading market risk activity and associated capital requirements. If you want to be a brand ambassador who can help strive efficiencies for the bank, then join our team and make an impactful contribution to client and your own success.
• Within the Regulatory Reporting team, we are responsible for a number of activities related to the analysis and reporting of global market risks including various Regulatory reporting mandates such as Dodd-Frank Volcker program, H4 Collateral and Pledging and 2L EB-ET Liabilities reports. The team executes infrastructure changes with regards to the implementation of new or revised trading desk policies, system migration and model implementations, and analysis of the key measures used by The Bank to monitor and control market risk. We further provide support to key stakeholders, such as the Trading Business Management, Market Risk Control and Compliance on ongoing market-related queries.
• Reporting to the Group Manager II, Regulatory Reporting, the Market Risk Analyst’s accountabilities include:
• Support the H4 and Securities Holding Return regulatory submission processes by independently identifying, measuring, analyzing and monitoring the reported exposures. Ensure all analysis is complete and accurate with thorough commentary, while escalating issues in a timely manner.
• Be proactive with change management objectives by continuous improvement of independent processes, while ensuring day-to-day operations are maintained, to effectively support the business.
• Execute infrastructure changes with regards to implementation of new, or revised Risk policy changes and ensure that changes are executed in accordance with CMRM change control procedures and EUC standards.
• Collaborate and liaise closely with our business partners to assist in meeting the Bank’s objectives.
• Ensure operational and regulatory risks within your business are correctly measured, aggregated, and analyzed in accordance with established and approved market risk policies, while adhering to CMRM standards Process Risk and Controls Self-Assessments.
• Evolve analytical and attribution capabilities and business knowledge, and develop skills required for today and future, while understanding, identifying and responding proactively to current and emerging risks.
• Develop and maintain a good understanding of the analytical principles underlying the pricing and risk management of financial products.

Requirements

• Experience with Collateral and/or Liquidity Risk measurement and reporting
• Proficient with Microsoft applications (Excel, PowerPoint etc.)
• Knowledge of financial instruments, regulations and market risk metrics
• Strong communication (written & verbal) and inter-personal skills
• Strong attention to detail
• Ability to work in a fast paced environment
• Being able to work individually and in a team environment
• Prioritize tasks well
• Risk, Valuations and/or reporting systems knowledge is an asset
• Programming skillsets such as VBA, Python, SQL are an asset to develop, modify and continually improve the risk management infrastructure used to capture and analyze risk

Why Should You Apply?

• Health Benefits
• Referral Program
• Excellent growth and advancement opportunities

As an equal opportunity employer, ICONMA provides an employment environment that supports and encourages the abilities of all persons without regard to race, color, religion, gender, sexual orientation, gender identity or express, ethnicity, national origin, age, disability status, political affiliation, genetics, marital status, protected veteran status, or any other characteristic protected by federal, state, or local laws.