Banking or financial background is MUST

CFA / FRM candidates preferred - working towards CFA/FRM is accepted too.

Pay rate:

INC - $43/hr

T4 - $38/Hr

Contract Period: 10 months with potential to extend or convert

Location: Toronto, ON

Location Type: Hybrid; onsite 2 days a week (Mondays and Thursdays)

Business Hours: Monday to Friday; 8:30 AM to 5 PM

MUST HAVE:

• 3-6 years prior capital markets work experience primarily focused on counterparty credit risk is required.

• Knowledge of Basel III, FINRA 4210, and emerging regulations.

• Bachelors Degree specializing in finance, risk management, or other quantitative discipline.

• Proficient in MS Excel.

• Strong quantitative background and experience producing analytical reports.

• Knowledge in data processing techniques and their application to management control information systems.

• Ability to prioritize multiple tasks and deliver results in a fast-paced environment.

NICE TO HAVE

• A masters degree in finance, risk management, or other quantitative discipline is an asset

• Build a detailed understanding of the various derivative and financing businesses which Market Risk & Counterparty Analytics supports.

• Provide ad-hoc support to Front Office and Credit Management to facilitate trading of existing and new products.

• Review daily counterparty credit risk exposures and investigate any credit anomalies.

• Perform daily analysis of potential future exposure and various capital measures.

• Provide credit related subject matter expertise for a high number of ongoing strategic initiatives with the Firm.

• Provide ad-hoc data mining and risk reporting when required in support of internal or external requests.

• Perform assessment and monitoring of Counterparty Credit Wrong Way Risk in accordance to the banks risk appetite and credit policies.

• Highlight key risks in specific business lines and in the firm as a whole, and provide ongoing commentary on stress results.

• Work closely with the Trading desk, Technology, Finance, Model Development and Credit Management providing expert knowledge and support to ongoing credit risk analytics.

• Act as a subject matter expert for Counterparty Credit Risk Systems.