Int. Data Risk Analyst to work with Trade Risk for a large banking client - 47887 & 48029

Job Type: Contract
Positions to fill: 1
Start Date: Sep 11, 2023
Job End Date: Mar 10, 2024
Pay Rate: Hourly: Negotiable
Job ID: 131833
Location: Toronto

Int. Data Risk Analyst to work with Trade Risk for a large banking client - 47887

Location: Hybrid - Downtown Toronto (2-3 days per week)

Duration: 6 months

Must Have Skills:

  • 3+ years experience as a Data Analyst working with Python, VBA, SQL
  • Experience in Market Risk and/or Counterparty Risk and/or Traded Risk

Nice To Have Skills:

  • Knowledge of Rates, Foreign Exchange and/or Credit markets and products
  • Knowledge of derivative pricing, market data analysis etc.
  • Strong quantitative and/or business-related university qualification; Degree in Finance

Job Responsibilities:

The successful candidate will support the senior members of the team with the analysis and, under direction of senior team members, will be responsible for performing specific pieces of risk analysis. This is a high-profile role which will give a high-potential risk manager an opportunity to expand his/her experience. This role requires experience of counterparty risk and/or market risk management and analytics, probably gained within a specific risk discipline or risk asset class.

In this role the risk manager will be responsible for analyzing and manipulating large volume of data, managing the development of key risk system infrastructure and communication/elevation of key issues in order to maintain risk management of the highest possible standards.

  • Provision of risk management information to senior management as necessary to enable decision making with regards to positions
  • Provide management with expert advice on risk related regulatory charges and controls
  • Implementation of systems strategy to ensure that the risk function is able to effectively and efficiently perform its core functions.
  • Reviewing new products and structures to identify all material market risks and ensuring effective controls surround these to ensure appropriate risk management occurs during their life cycle
  • Oversight of the risk monitoring processes with respect to market conditions, regardless of whether close or in excess of limits, and escalation of any identified inappropriate activity to senior management.
  • Highlight operational risk associated with Fixed Income market trading and related operations.
  • Desk interaction, esp. with respect to large or stale risk positions
  • Manage key risk methodology, systems and processes strategy to ensure effective tools are in place to support high standard of risk management
  • Development of efficient and streamlined risk processes in conjunction with the control team
  • Responsibility for ensuring that the risk generated by trading are managed in accordance with the Group Standards Manual & relevant guidelines & standards including the Regulatory environment.

Interview process: 1st interview with panel via zoom. 2nd interview in-person with HM.