At a Glance
- Tasks: Analyze and report on counterparty credit risk while collaborating with various teams.
- Company: Join a leading financial firm focused on risk management and innovation.
- Benefits: Competitive pay, inclusive culture, and opportunities for professional growth.
- Other info: Dynamic work environment with potential for career advancement.
- Why this job: Make an impact in the financial world by managing critical risk exposures.
- Qualifications: Experience in risk analysis and strong analytical skills required.
The predicted salary is between 46.47 - 46.47 $ per hour.
Are you analytical with experience in risk analysis and financial markets? Working with one of our top financial clients, this role calls for a Risk Analyst-Counterparty Credit Risk. The Risk Analyst will support the Credit Exception Management team within the Market Risk and Counterparty Analytics division, focusing on analyzing, monitoring, and reporting on risk exposures related to counterparty credit risk. This position involves collaboration with multiple internal stakeholders to ensure accurate measurement and control of risk, compliance with credit limits, and continuous process improvement to support the bank’s risk management objectives.
Pay rate range (CAD): $46.47/hr - $55.77/hr
Responsibilities
- Manage Counterparty Credit Risk by investigating and escalating credit excesses at the facility level
- Generate accurate reports on risk exposures according to reporting guidelines
- Measure, aggregate, and analyze portfolio risks within approved CAIRO counterparty limits
- Monitor risk violations and elevate issues in a timely manner
- Document and track late or missing reports, ensuring compliance with standards
- Lead projects to enhance operational efficiencies and reporting processes
- Implement infrastructure changes related to new or revised policies or procedures
- Maintain internal controls and ensure documentation aligns with governance standards
- Collaborate closely with front office traders, credit risk teams, audit, and technology groups
- Conduct ad-hoc analyses of metrics, exposures, and transactions to support decision-making
- Stay informed on financial derivative risk principles, including modeling and valuation issues
Desired Skill-Set
- Strong knowledge of financial products such as derivatives and bonds
- Experience with counterparty credit risk and capital markets
- Proven ability working with complex vendor systems
- Skills in impact assessments, requirements drafting, and testing
- Investigative mindset with high attention to detail and analytical skills
- Excellent communication and interpersonal abilities
- Strong organizational skills with the ability to prioritize multiple tasks
Nice to Have
- Previous experience in risk management roles
- Working knowledge of SQL, VBA, Python, or AI tools
Risk Analyst – Counterparty Credit Risk in Toronto employer: BeachHead Inc.
At BeachHead, we pride ourselves on fostering a dynamic and inclusive work environment that empowers our employees to thrive. As a Senior Swaps Business Analyst, you will have the opportunity to collaborate with top-tier professionals in the financial sector, driving innovation in electronic trading and enhancing trading workflows. Our commitment to employee growth is reflected in our supportive culture, where continuous learning and development are encouraged, making us an exceptional employer for those seeking meaningful and rewarding careers in the heart of capital markets.
