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Senior Risk Analyst - 176927
Senior Risk Analyst - 176927Randstad Canada • Toronto, Ontario, CA
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Senior Risk Analyst - 176927

Senior Risk Analyst - 176927

Randstad Canada • Toronto, Ontario, CA
30+ days ago
Job type
  • Full-time
  • Temporary
  • Quick Apply
Job description

We are seeking a Senior Risk Analyst for a 9-month contract with a strong possibility for extension or conversion to a full-time employee. The successful candidate will join the Group Risk Management team, which is part of the Global Risk Analytics department. This role involves the conceptual design, development, and ongoing maintenance of mathematical models used for measuring and capitalizing on counterparty credit risk (CCR) for the bank's derivative and SFT portfolio. You will be part of a 13-person team responsible for developing models to manage counterparty credit risk.

Advantages

  • Opportunity to work with a leading financial institution.
  • Potential for contract extension or conversion to a full-time employee.
  • Work in a collaborative team environment.
  • Flexible work-from-home policy, allowing one day of remote work per week.

Responsibilities

  • Collaborate with model users to understand their business requirements.
  • Research and review regulatory requirements to evaluate best practices for modeling.
  • Make recommendations on model methodologies and develop technical implementations.
  • Provide technology teams with business requirements, technical implementation details, and user acceptance criteria.
  • Document model methodologies, implementation details, and testing results.
  • Develop tools to monitor model performance and report to governance committees.
  • Investigate and resolve modeling issues identified through monitoring or validation.
  • Recalibrate and re-assess models regularly, documenting the results for review by internal validation.
  • Qualifications

    Must Haves

  • A Master's degree in Financial Engineering or another quantitative field such as physics, statistics, mathematics, or mathematical finance, with a concentration in quantitative methods and / or finance.
  • Broad knowledge of traded products across various asset classes.
  • Understanding of regulatory requirements and industry best practices for counterparty credit risk.
  • Strong analytical and problem-solving skills.
  • Excellent programming skills, particularly with Python.
  • Strong data management and analysis skills, including SQL and Excel.
  • Ability to work collaboratively and adapt to a dynamic environment.
  • Strong written and verbal English communication skills, especially in explaining complex modeling concepts.
  • Nice to Haves

  • Financial Risk Manager (FRM) certificate.
  • Chartered Financial Analyst (CFA) certificate.
  • Summary

    This is a contract position for a Senior Risk Analyst with an initial 9-month term, located in downtown Toronto. The position is for 37.5 hours per week, with no overtime expected. There is a strong likelihood for an extension or conversion to a full-time employee.

    If you are interested in joining a dynamic team in on of the top banks in Canada, apply today!

    Randstad Canada is committed to fostering a workforce reflective of all peoples of Canada. As a result, we are committed to developing and implementing strategies to increase the equity, diversity and inclusion within the workplace by examining our internal policies, practices, and systems throughout the entire lifecycle of our workforce, including its recruitment, retention and advancement for all employees. In addition to our deep commitment to respecting human rights, we are dedicated to positive actions to affect change to ensure everyone has full participation in the workforce free from any barriers, systemic or otherwise, especially equity-seeking groups who are usually underrepresented in Canada's workforce, including those who identify as women or non-binary / gender non-conforming; Indigenous or Aboriginal Peoples; persons with disabilities (visible or invisible) and; members of visible minorities, racialized groups and the LGBTQ2+ community.

    Randstad Canada is committed to creating and maintaining an inclusive and accessible workplace for all its candidates and employees by supporting their accessibility and accommodation needs throughout the employment lifecycle. We ask that all job applications please identify any accommodation requirements by sending an email to accessibility@randstad.ca to ensure their ability to fully participate in the interview process.

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    Risk Analyst • Toronto, Ontario, CA

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