NOTE: HYBRID work model, 4-days/week in office. Office located in Toronto, Ontario.

Type: 8-Month Contract, 8 hours/day, 40 hours/week

Hours 7:00AM to 3:00PM Mon to Fri

Work Experience: Risk Analytics, BI, Market risk, Credit risk, Asset risk, Risk measurement, Derivatives, VaR ETL, Greeks, Backtesting, UAT testing, Excel, VBA, SQL, Python, FIS Adaptiv, Masters Degree, CFA, FRM

Industry: Bank, Investments, Capital Markets

DESCRIPTION

As a Senior Risk Analyst you will report to the Senior Manager and support the team in independently monitoring and accurately reporting market and credit risk with a focus on reporting and project work. You will use strong financial product knowledge and risk analysis skills to perform risk attribution analysis and provide insights into risk movements across various dimensions.

You will contribute to ongoing initiatives that improve the accuracy and efficiency of the integrated risk system and support monthly system upgrade cycles including design, testing and delivery of technology changes related to investment risk.

You will collaborate with Investment, Risk, Finance, Technology and external vendors. You will join a team of experienced risk managers and analysts who continuously challenge status quo and enhance risk reporting practices.

Responsibilities

• Perform daily analysis, reporting and monitoring of VaR ETL, Greeks and Backtesting for Active and Asset risk at the total fund level and communicate limit breaches and material risk movements to management
• Maintain and enhance BI reporting suite and inhouse risk analysis tools to deepen understanding of risk drivers and changes
• Identify, analyze and resolve issues related to risk reporting and conduct market data quality checks across data sources and internal programs
• Collaborate with Risk and Enterprise Operation teams to review business requirements for market data, model implementation, workflow design and reporting
• Assess impacts of system or data changes and ensure issues are triaged and addressed appropriately
• Conduct UAT testing on changes introduced to the enterprise risk system and ensure business requirements are met and risk movements are understood, documented and communicated
• Maintain internal control documentation and assist in training other Risk Analytics team members
• Support new product analysis and reporting requests by applying strong knowledge of risk measurement

REQUIREMENTS

• Three plus years of experience in a risk management function within a financial institution
• Strong knowledge of risk measurement and derivatives pricing
• Solid working knowledge of Excel, VBA, SQL and Python
• Strong analytical and problem-solving skills
• Excellent written and verbal communication skills
• Experience with change management lifecycle is an asset
• Experience with FIS Adaptiv is an asset
• Relevant Master's degree, such as Financial, Mathematics, Business, Finance, Economics or Computer Science is an asset
• CFA or FRM designation is an asset

As part of our hiring process, we use AI‑based systems to support the initial screening of applicants.

To apply: https://directitrecruiting.com/job/senior-risk-analyst-1836/

Job Types: Full-time, Fixed term contract

Contract length: 8 months

Pay: $75.00-$85.00 per hour

Expected hours: 40 per week

Ability to commute/relocate:

• Toronto, ON M5H 3S1: reliably commute or plan to relocate before starting work (preferred)

Application question(s):

• What is your hourly rate?

Experience

• Python: 3 years (preferred)
• Market Risk Analysis: 3 years (preferred)
• Value at Risk (VAR): 3 years (preferred)

Licence/Certification:

• Certified Financial Risk Manager (FRM) (preferred)
• Chartered Financial Analyst (CFA) (preferred)

Work Location: Hybrid remote in Toronto, ON M5H 3S1