- Salary
- C$38 – C$43/hr
- Location
- Toronto, Ontario
- Workplace
- Hybrid
- Type
- Contract
- Seniority
- Mid
- Experience
- 1+ years
- Closing date
- Today
Description
Job Title: Risk Analyst II
Location: Toronto, ON (Hybrid)
Estimated Duration: 4 Months
SUMMARY OF THE ROLE:
An Analyst within Collateral Risk Management will primarily be focused on the effective and efficient mitigation of counterparty credit risk. ?The Analyst is responsible for supporting the end-to-end collateral lifecycle, including margin analysis, dispute investigation, risk monitoring, and regulatory reporting. The role requires strong analytical capabilities, attention to detail, and the ability to manage competing priorities in a time-sensitive environment.
The role will involve close partnership and interaction with a wide range of areas, including credit, middle office, legal, front office, settlements, and corporate treasury. As a result, the successful candidate will be required to possess strong communication skills.
Typical Day-to-Day Responsibilities :
MUST-HAVE Hard Skills:
SOFT SKILLS:
NICE-TO-HAVE
Location: Toronto, ON (Hybrid)
Estimated Duration: 4 Months
SUMMARY OF THE ROLE:
An Analyst within Collateral Risk Management will primarily be focused on the effective and efficient mitigation of counterparty credit risk. ?The Analyst is responsible for supporting the end-to-end collateral lifecycle, including margin analysis, dispute investigation, risk monitoring, and regulatory reporting. The role requires strong analytical capabilities, attention to detail, and the ability to manage competing priorities in a time-sensitive environment.
The role will involve close partnership and interaction with a wide range of areas, including credit, middle office, legal, front office, settlements, and corporate treasury. As a result, the successful candidate will be required to possess strong communication skills.
Typical Day-to-Day Responsibilities :
- Analysts within Collateral Risk Management are accountable for the following core responsibilities, but are not limited to:
- Monitor and analyze collateral exposures across OTC derivatives and secured financing portfolios
- Investigate valuation discrepancies and margin disputes for variation margin and initial margin
- Track and manage disputes to timely resolution, ensuring appropriate documentation and audit trail
- Prepare daily, monthly, and ad hoc reports (e.g., exposure dashboards, policy monitoring, dispute reports)
- Act as key point of contact for internal stakeholders (Front Office, Credit Risk, Legal, Operations)
- Collaborate cross-functionally to resolve issues and improve processes
- Drive process enhancements to improve automation, accuracy, and control effectiveness
- Solid understanding of derivatives, repo/securities financing, and collateral management concepts
- Familiarity with valuation drivers, margin methodologies (e.g., SIMM), and risk frameworks
- Strong analytical skills with ability to interpret data and identify issues
MUST-HAVE Hard Skills:
- 1-3 years of experience in capital markets, collateral management, or risk
- Strong understanding of financial markets, derivatives, or securities financing products
- Familiarity with margining concepts, valuation drivers, and counterparty credit risk??????????
- Strong written and verbal communication skills, with ability to engage effectively with cross-functional stakeholders
- Ability to investigate issues, perform root cause analysis, and provide clear, concise conclusions
- Proficiency in Excel
- Experience working with large datasets and performing data analysis
SOFT SKILLS:
- Strong analytical skills with high attention to detail and quality control mindset
- Ability to manage multiple priorities in a fast-paced, deadline-driven environment
- Proactive, self-starter with strong problem-solving and ownership mindset
NICE-TO-HAVE
- Experience with Python or other coding languages is considered an asset
- Familiarity with SIMM framework, Initial Margin, or regulatory margin requirements is considered an asset
- CFA, FRM, or progress toward a professional risk/finance designation is an asset
Skills
PythonExcelRisk ManagementCFA