• Job Description

  Req#: 25-21463
  Job Title: Risk Analyst
  Contract Duration: 10 Months
  Pay range C$33 - 40/hr
  Work Type: Hybrid – 2 days (Mon & thurs)
  Location: Toronto, ON
  Schedule: Mon-Fri 8:30-5
  
  Summary Of Day-To-Day Responsibilities:
  • Reporting to the Group Manager, Counterparty Credit Risk, this position plays a key role in the establishment and rollout of credit analytics across The Bank.
  • The Risk Analyst will:
  • Build a detailed understanding of the various derivative and financing businesses that Market Risk & Counterparty Analytics supports.
  • The Risk Analyst provides ad-hoc support to the Front Office and Credit Management to facilitate trading of existing and new products.
  • Review daily counterparty credit risk exposures and investigate any credit anomalies.
  • Perform daily analysis of potential future exposure and various capital measures.
  • Provide credit-related subject matter expertise for a high number of ongoing strategic initiatives with the Firm.
  • Provide ad-hoc data mining and risk reporting when required in support of internal or external requests.
  • The Risk Analyst performs assessment and monitoring of Counterparty Credit Wrong Way Risk in accordance with the bank’s risk appetite and credit policies.
  • Highlight key risks in specific business lines and in the firm as a whole, and provide ongoing commentary on stress results.
  • Work closely with the Trading desk, Technology, Finance, Model Development, and Credit Management, providing expert knowledge and support to ongoing credit risk analytics.
  • Act as a subject matter expert for Counterparty Credit Risk Systems.
  • Maintain an understanding of the regulatory landscape related to risk reporting and capital measures.
  • Assist in the quantitative aspects of client risk policies involving credit exposures to counterparties.
  • Maintain a thorough understanding of all key risks and risk-related issues through continual review of risk reports/related data and dialogue with relevant parties.
  • The Risk Analyst provides assistance to Technology Solutions in model implementation.
  • Continuously enhance the methodologies implemented in client FG risk.
  
  Must Have:
  • 3-6 years of prior capital markets work experience, primarily focused on counterparty credit risk, is required.
  • Knowledge of Basel III, Client 4210, and emerging regulations.
  • Bachelor’s Degree specializing in finance, risk management, or other quantitative disciplines.
  • Proficient in MS Excel.
  • Strong quantitative background and experience producing analytical reports.
  • Knowledge in data processing techniques and their application to management control information systems.
  • Ability to prioritize multiple tasks and deliver results in a fast-paced environment.
  
  Nice To Have
  • CFA / FRM candidates preferred - working towards CFA/FRM is accepted too.
  • A master’s degree in finance, risk management, or other quantitative discipline is an asset
  
  Note:
  • Someone who has Counterparty Credit Risk experience, capital market risk management experience, who has a Master's degree or a CFA degree, is detail-oriented, and has automation skills
  
  About The Company:
  • Top 10 bank in Canada and North America offering comprehensive financial solutions. Providing retail, commercial, wealth management, and wholesale banking services, we help clients thrive in today's evolving market.
  
  About GTT
  • GTT is a minority-owned staffing firm and a subsidiary of Chenega Corporation, a Native American-owned company in Alaska. As a Native American-owned, economically disadvantaged corporation, we highly value diverse and inclusive workplaces. Our clients are Fortune 500 banking, insurance, financial services, and technology companies, along with some of the nation’s largest life sciences, biotech, utility, and retail companies across the US and Canada. We look forward to helping you land your next great career opportunity!
  
  25-21463 #gttca #LI-GTT #LI-Hybrid

• About the company

  Global Technical Talent specializes in recruiting and pre-qualifying senior level IT professionals for clients' immediate long- and short-term contract needs, contract to hire and direct hire positions. Because we work exclusively with high level I...

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