Toronto-based Counterparty Credit Risk Manager (Derivatives)

JCW Group; Toronto; On-site; CAD 110,000 - 150,000; Full time

Job summary

JCW Group in Toronto is seeking a Manager, Counterparty Credit Risk to oversee CCR exposure from derivatives and securities financing within a large banking environment. You will work in a centralized CCR team, providing risk oversight and contributing to reporting for Board and regulators.

You will collaborate with Credit, Front Office, and Management, applying your 3+ years of market/credit risk experience and derivatives knowledge to strengthen controls and reporting capabilities.

Qualifications

• 3+ years of experience in market risk and/or credit risk of traded products.
• Knowledge of derivatives products and familiarity with counterparty credit risk.
• University degree in a business-related field (CFA or FRM desirable).
• Advanced knowledge of Power BI, Python, SQL, and Unix is an asset.

Responsibilities

• Monitor counterparty credit risk exposure arising from OTC derivatives and securities financing transactions.
• Analyze counterparty risk, including wrong-way risk, collateral quality, concentration, and liquidity risk, and identify leading indicators of emerging risks.
• Build strong working relationships with Credit, Banking, Front Office, and Management on CCR matters.
• Contribute to Board, regulatory, and other key CCR reporting and support the development of reporting and BI tools.

Skills

Market risk understanding

Credit risk understanding

Derivatives familiarity

Education

University degree in business-related field

CFA or FRM desirable

Tools

Power BI

Python

SQL

Unix

Job description

JCW Group in Toronto is seeking a Manager, Counterparty Credit Risk to oversee CCR exposure from derivatives and securities financing within a large banking environment. You will work in a centralized CCR team, providing risk oversight and contributing to reporting for Board and regulators.

You will collaborate with Credit, Front Office, and Management, applying your 3+ years of market/credit risk experience and derivatives knowledge to strengthen controls and reporting capabilities.