Risk Analyst

at  Robertson and Company

Our client is a top financial institution with significant North American holdings. They have operations across most major verticals, including institutional & corporate, wealth management, private client, commercial banking, treasury, and retail banking.
Introduction: Robertson is seeking a skilled Risk Analyst to join our client.
Contract Dates: 12 months with potential to extend or convert
Pay Range: $52.23 to $59.50 per hour
Business Hours: Monday to Friday (Hybrid)

Job Responsibilities:

• Work on Quantitative Risk Management (QRM, as Vendor) model development report (MDR) documentation, testing, and model submission.
• Work closely with Model Validation (MV) team to get models validated and approved.
• Work with various stake holders, such as Vendor, Technology and Treasury Business to integrate QRM for Bank’s Asset Liability Management and Funder Transfer Pricing solutions.
• Research industry best practices and support the development of quantitative valuation models for measuring and hedging the interest rate risk of retail, commercial and structured finance products in the Banking book.
• Address model validation, internal/external audit and regulatory requirements and/or findings in a timely manner.
• The position must work effectively with internal and external partners of TBSM, including Front Office, the Investments Team, the Market Risk Measurement and Reporting Team, the Treasury Analytics Group, and the Model Validation and Management Team, to ensure the soundness and accuracy of the model development and implementation.

Experience & Qualification Requirements:

• Model development/ validation
• Market risk/ interest risk
• Financial market knowledge
• Technical writing skills
• Experience in coding languages
• Experience with QRM is highly desired
• Experience in Model Validation and/or Model Development
• Strong Technical writing skills, especially on financial model documentation
• Strong quantitative skills with a graduate degree in one or more of the related areas such as mathematics, physics, computer science, statistics, with 5+ years of experience in quantitative analysis / financial engineering
• Knowledge of financial markets as well as fixed income portfolio management and hedging techniques and valuation models
• Experience in model development or validation with an advanced knowledge of stochastic processes and fixed income and asset backed securities modelling an asset
• Experience using coding languages such as C++/C#, Python, R, VBA programming
• Strong analytical & communication skills and demonstrated track record of creative problem solving & solution development
• High level of self-motivation

• Work on Quantitative Risk Management (QRM, as Vendor) model development report (MDR) documentation, testing, and model submission.
• Work closely with Model Validation (MV) team to get models validated and approved.
• Work with various stake holders, such as Vendor, Technology and Treasury Business to integrate QRM for Bank’s Asset Liability Management and Funder Transfer Pricing solutions.
• Research industry best practices and support the development of quantitative valuation models for measuring and hedging the interest rate risk of retail, commercial and structured finance products in the Banking book.
• Address model validation, internal/external audit and regulatory requirements and/or findings in a timely manner.
• The position must work effectively with internal and external partners of TBSM, including Front Office, the Investments Team, the Market Risk Measurement and Reporting Team, the Treasury Analytics Group, and the Model Validation and Management Team, to ensure the soundness and accuracy of the model development and implementation