Primary Job Title: Risk Analyst
Location: Toronto, ON (Hybrid – 2 days (Mon & Thurs))
Shift/Work Schedule: M-F 8:30-5
Date Posted: 7/23/2025
Employment Type: Contract (5 months - Extension, Conversion Possible)
Salary Range: C$30 - C$40/Hr

JOB SUMMARY:

Reporting to the Group Manager, Counterparty Credit Risk, the Risk Analyst plays a pivotal role in building and supporting credit analytics capabilities across the Bank. This role demands a mix of capital markets knowledge, analytical rigor, and communication skills to support risk strategy, trading decisions, and ongoing regulatory initiatives.

REQUIRED QUALIFICATIONS:

• 2–3 years of capital markets experience, primarily in counterparty credit risk.
• Knowledge of OTC derivatives and securities financing transactions (SFTs).
• Familiarity with Basel III, FINRA Rule 4210, and other regulatory standards.
• Proficiency in Microsoft Excel.
• Strong analytical background and ability to produce high-quality reports.
• Experience in data processing and MIS applications.
• Excellent prioritization skills and ability to perform under pressure.
• Master’s degree in Finance, Risk Management, or a quantitative field (preferred).
• Strong communication skills and professional confidence.
• Meticulous attention to detail and high accuracy standards.

PREFERRED QUALIFICATIONS (NICE TO HAVE):

• CFA or FRM designation (or actively working toward certification).

DISQUALIFIERS:

None listed.

• Build deep understanding of derivative and financing businesses supported by Market Risk & Counterparty Analytics.
• Provide ad-hoc support to Front Office and Credit Management for trading of new and existing products.
• Review daily counterparty credit risk exposures and investigate anomalies.
• Conduct daily analysis of potential future exposure (PFE) and capital measures.
• Contribute subject matter expertise to strategic firm-wide initiatives.
• Perform data mining and risk reporting to fulfill internal and external requests.
• Assess and monitor Counterparty Credit Wrong Way Risk per internal policies.
• Highlight risk concentrations across business lines and provide stress commentary.
• Partner with Trading, Technology, Finance, Model Development, and Credit Management.
• Act as SME for Counterparty Credit Risk Systems.
• Track evolving regulations related to risk reporting and capital.
• Support model implementation and enhancements for risk analytics.
• Continuously improve risk methodologies and data analysis practices.