Senior Analyst, Member Risk Assessment

Vaco Recruiter Services; Toronto; On-site; CAD 97,000 - 115,000; Full time

Job summary

A non-profit financial firm in Toronto seeks a Senior Analyst, Member Risk to analyze financial filings and support risk reporting. This critical role involves monitoring at-risk members and providing insights for senior management. Ideal candidates will have a CPA designation or CSE and 4–5 years of relevant experience in auditing or regulation. The salary is up to $115,000/year.

Benefits

Strong emphasis on work-life balance

Professional growth through education support

Qualifications

• Must have CPA designation or CSE.
• 4–5 years of relevant experience in audit or regulatory roles.
• Exposure to CIRO/IIROC rules and brokerage operations is essential.

Responsibilities

• Analyze insolvency risk of Member Firms based on financial filings.
• Validate inputs and outputs of quarterly assessment models.
• Support the administration of insolvent company Member Firms.

Skills

CPA designation or CSE

4–5 years relevant experience (audit or regulatory)

Strong Excel and data analysis skills

Familiarity with risk assessments and capital adequacy principles

Job description

About the Company

Our client is a non- profit financial company. They are looking for a Senior Analyst, Member Risk who will be responsible for analyzing financial filings, validating quarterly assessments, monitoring at-risk members, and supporting risk reporting for senior management and the Board. This role is critical in maintaining the company’s proactive oversight of member firms through data-driven risk assessments, financial model validation, and collaboration with examiners. The Senior Analyst will also support special projects, policy reviews, and, when required, assist in managing member insolvencies.

Why Work Here

• Mission-driven, collaborative, and analytical environment with a strong emphasis on integrity, regulatory diligence, and teamwork

• Transparency, work-life balance (35-hour week), and professional growth through education support

About the Opportunity

• Member Firm Insolvency Risk Assessment

Assess the insolvency risk Member Firms pose to the company by:

• Applying detailed knowledge of Member Firms’ business.

• Analysing financial filings.

• Monitoring Member Firms experiencing financial and operational difficulties by liaising with CIRO Managers/Examiners.

• Research and analyse operational/market/credit and liquidity risks related to new products, Member Firm CIRO rule exemption requests, industry trends and identifying other financial or operational issues.

• Reviewing CIRO correspondence.

• Keeping apprised of changes to Member Firms’ businesses.

• Analyze and report on the impact of proposed CIRO capital policies and capital policy. amendments on the company

• Provides support with interpreting and applying the company Coverage Policy.

Assessment Analysis

• Support the Member Firm assessment processes for quarterly assessments, integration assessments and other prescribed assessments including impact of business combinations of Member Firms.

Quarterly Investment Dealer Assessments

• Validate, and calculate where necessary, the inputs to the quarterly assessment model and analyze the outputs.

• Validate the Client Net Equity (CNE) deductions reported by Member Firms.

• Determine and notify Member Firms of Capital Deficiency Assessments as necessary.

• Validate Asset Locations reported by Member Firms.

• Explain Risk Rating and Assessments to Member Firms as necessary.

Appeals Process

• Execute the company Assessment Appeal Procedures. Such procedures include responding to a request for an appeal, documentation and communication standards, and hearing procedures.

• Ensure adherence to documentation standards for the appeal package and demonstrate compliance with the appeal procedures.

Risk Committee Support & Reporting

• Analyse a variety of issues – including as required:

• Identifying/defining the issue and potential impact on the company and designing and proposing solutions to mitigate potential adverse impacts.

• Conducting impact analysis.

• Reaching conclusions, proposing solutions and working with CIRO and Member Firm staff to implement impact mitigating solutions.

• Prepare data for inclusion reports, including identifying and highlighting significant risks or other Member Firm issues.

Insolvency

• Assist in the administration of insolvent company Member Firms.

Other

• Support special reviews or assignments the company may undertake from time to time.

• Other duties, as assigned, including support on queries and insolvencies.

About You

• CPA designation, or CSE

• 4–5 years relevant experience (audit or regulatory)

• Exposure to CIRO/IIROC rules, filings, and brokerage back-office operations

• Strong Excel and data analysis skills

• Familiarity with risk assessments and capital adequacy principles

Salary Range

Up to $115,000/year

How to Apply

Click the “Apply Now” button and follow the instructions to submit your resume. Please know that we only accept documents in MS Word or Rich Text formats.

When referencing this job, quote #460010

You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.