Risk Manager, Market & Counterparty Risk

Canaccord Genuity Group Inc.; Toronto; On-site; CAD 110,000 - 120,000; Full time

Job summary

Canaccord Genuity Group Inc. in Toronto seeks a Risk Manager for the Market & Counterparty Risk team to identify, manage, monitor and report risk across the firm. You will oversee daily risk reporting, develop quality controls, and implement risk policies for trading desks.

The role requires 5–7 years in risk management at a financial institution, with CFA/FRM assets, and experience with Fidessa or Iress. Collaboration with trading desks and IT is essential to align with risk appetite.

Qualifications

• 5 - 7 years of experience in a risk management organization at a financial institution.
• Undergraduate degree in a related field such as Business Administration, Risk Management, Economics, Math, Engineering or Finance.
• Pursuit of the CFA and/or FRM designation would be an asset.
• Experience with Trading applications such as Fidessa or Iress.
• Experience working in a market risk function or on a trading desk at a CIRO-regulated dealer.
• Action-oriented with a strong work ethic and drive to achieve excellence.
• Ability to lead and drive multiple competing priorities in a fast paced, complex environment.
• Strong relationship development and influencing skills with a collaborative approach.
• Clear and compelling communication style.
• Knowledge of relevant industry regulations and standards related to risk management.

Responsibilities

• Oversee the production of daily risk reporting for the front office and senior management.
• Develop and implement quality control and efficiency measures in reporting and processes using Excel VBA Macros, PowerBI, and databases, coordinating with IT for systemic solutions.
• Develop, promote, and enforce risk policies and processes for trading businesses.
• Collaborate with trading desk and senior leadership to set risk guidelines for new products and lines.
• Ensure trading desks’ risk-taking stays within established limits.
• Participate in counterparty risk assessments to set credit limits for institutional clients.
• Assist in developing the quarterly Market Risk Management reporting package.
• Handle ad-hoc risk management projects and requests as needed.

Skills

Risk management

Financial analysis

Excel VBA

PowerBI

Trading systems

CIRO-regulated

Education

Undergraduate degree

CFA/FRM asset

Tools

Fidessa

Iress

Job description

Summary

Canaccord Genuity (CG) is a leading independent full-service financial services firm, with operations in two principal segments of the securities industry: wealth management and capital markets. CG is driven by an unwavering commitment to building lasting client relationships – we achieve this by generating value for our individual, institutional, and corporate clients through comprehensive investment solutions, brokerage, and investment banking services. We are the leading independent wealth management firm in Canada, and the leading mid-market provider of investment banking advisory, equity research, sales and trading services for corporations and institutions.

Salary Range: $110,000 - $120,000

We pride ourselves on understanding our clients’ needs and finding innovative, tailored solutions. Our entrepreneurial and friendly team will challenge you to learn and grow every day. We value great work and collaboration and strive to eliminate bureaucratic thinking. We’re looking for talented people who thrive in a fast-paced environment and want to have an impact with innovative ideas and best practices.

We are looking for a Risk Manager to join our Market & Counterparty Risk team, based in Toronto. This role will support the team with activities related to the identification, management, assessment, monitoring and reporting of risk to the firm.

Responsibilities

• Oversee the production of daily risk reporting for the front office and senior management.
• Develop and implement quality control and efficiency measures in reporting and various processes using Excel VBA Macros, PowerBI, relational databases, and by working closely with IT for more systemic solutions.
• Develop, promote, and enforce risk policies and processes to govern the firm’s trading businesses.
• Collaborate closely with the trading desk and with senior leadership to devise risk management guidelines and controls for new business lines and potential new products to ensure alignment with the firm’s risk management framework and risk appetite.
• Ensure the trading desks’ risk-taking is within the established risk limits.
• Participate in counterparty risk assessments in order to establish appropriate credit limits for institutional clients.
• Assist in the development of the quarterly Market Risk Management reporting package.
• Assist with ad-hoc requests and risk management projects and initiatives as required.

Skills & Qualifications

• 5 - 7 years of experience in a risk management organization at a financial institution.
• Undergraduate degree in a related field, such as Business Administration, Risk Management, Economics, Math, Engineering or Finance.
• Pursuit of the CFA and/or FRM designation would be an asset.
• Experience with Trading applications such as Fidessa or Iress.
• Experience working in a market risk function or on a trading desk at a CIRO-regulated dealer
• Action-oriented with a strong work ethic and drive to achieve excellence
• Ability to lead and drive multiple competing priorities and thrive in a fast paced and complex environment which requires navigating ambiguity
• Strong relationship development, and influencing skills while ensuring a collaborative approach
• Clear and compelling communication style
• Knowledge of relevant industry regulations and standards related to risk management.

All applications will be held in strict confidence.

In order to be considered for employment, candidates selected for interviews will be required to show proof of citizenship, permanent residence or eligibility to work in Canada with no restrictions.

We wish to thank all candidates for their interest but only those applicants selected for an interview will be contacted. No phone calls please. Thank you for your understanding.