Senior Analyst, Issuer and Counterparty Risk Management

Founded in Montreal in 1846, Laurentian Bank is committed to serving its customers and fostering deep relationships with specialized groups. Laurentian Bank runs operations across Canada – primarily in Québec and Ontario – as well as in the United States and competes where it sees market opportunity and has an edge, while harnessing the power of partnerships and collaboration.

This role sits within Laurentian Bank.

Within the Treasury and Capital Markets Risk Governance team (Issuer, Counterparty, Market, Liquidity and Interest Rate Structural Risks), the position's primary mandate will be to ensure monitoring of issuer and counterparty risk.

Responsibilities

• Participates in the overall issuer and counterparty risk management framework (policies, procedures, reports, measures, authorization and limit monitoring processes)
  
• Actively participates in the development, improvement and optimization of issuer and counterparty limit monitoring tools and processes;
• Manages issuer and counterparty limit requests (securities, derivatives, repos, etc.) received from Treasury and Capital Markets desks:
  
  • Receives business line requirements;
    
  • Conducts risk analyses;
    
  • Makes recommendations;
    
  • Participates in the submission of applications to the Credit Group;
    
• Enters authorized limits into risk tracking systems;
  
• Monitors issuer and counterparty limits daily and rigorously;
  
• Participates in risk management disclosure to management and the Bank's Board of Directors Risk Management Committee;
  
• Collaborates on optimizing processes related to limit requests and authorizations;
  
• Collaborates in the development of a proactive system for monitoring counterparty and issuer credit migration;
  
• Collaborates on the development of new monitoring and reporting methods based on financial products and managers' needs;
  
• Understands the interrelationships between issuer, counterparty, liquidity and market risk management and keeps abreast of regulatory developments;
  
• Participates in the review, development and evolution of the framework for the various risks related to the activities of the Treasury and Capital Markets sectors;
  
• Participates in analyses relating to requests for new Treasury and Capital Markets products;
  
• Keeps up to date on their area of expertise, current legislation, policies, programs and procedures in their sector, and is aware of market trends;
  
• Perform any other tasks of a similar nature or of a general nature requested by their superior or required in the course of their duties.

Qualifications

• Master's degree in Finance or a related field;
  
• Professional certification (FRM, CFA, PRM) in progress or completed would be an asset;
  
• Up to two years of relevant experience in risk management an asset;
  
• Any other combination of education and experience may be considered.
  
• Highly rigorous;
  
• Good communication and popularization skills;
  
• Good writing skills;
  
• Knowledge of VBA and advanced Excel proficiency;
  
• Knowledge of SQL an asset;
  
• Teamwork;
  
• Autonomy and curiosity;
  
• Fluency in French and English, both oral and written.

*Professional working proficiency in French and English languages required as position involves frequent written and oral communication on complex matters with internal and external parties in both languages.

What Laurentian Bank has to offer you

The total compensation offered by Laurentian Bank encompasses a comprehensive range of benefits, highlighting our commitment to the well-being and success of our employees.

Here are some of the key points of our offering:

• The actual annual base salary offered will take into account internal equity, skills, and experience among other factors.
• Total compensation: Earn a comprehensive compensation package that includes annual reviews and performance-based bonuses.
• Work model: We prioritize a hybrid work model based on business needs.
• Stock purchase plan: Become not just an employee, but a Laurentian Bank shareholder. Employer matching takes your investment even further.
• Time off: In addition to paid vacation, we provide floating days and leave options to accommodate the diverse needs of our employees. Plus, as an extra perk, you also get a paid day off to celebrate your birthday.
• Health and wellness: Take care of your health and well-being with access to healthcare professionals, our Employee and Family Assistance Program (EFAP), and a Stress Management and Well-Being Program.
• Group insurance and pension: We offer a competitive insurance program based on your family’s needs and a defined contribution pension plan to help prepare for your future.
• Financial benefits: As a Laurentian Bank employee, you’re also the best ambassador for our products and services. Take advantage of employee-only offers on a wide range of products. Enjoy exclusive deals and preferred rates on products and services including insurance, hotels, train tickets, spas and many more.

We are committed to creating a fulfilling professional environment where your skills are valued, and your well-being is a priority. Join us for a rewarding career at Laurentian Bank.

Inclusion and Accessibility

At Laurentian Bank, we believe everyone belongs. We are committed to fostering an inclusive work environment that reflects the diversity of our customers and our communities and where everyone feels like they belong and can thrive. To this end, we encourage applications from individuals from equity-deserving groups, including Indigenous persons, racialized and persons with disabilities, marginalized genders and the 2SLGBTQIA+ community.

We strive to offer a flexible and accessible work experience that is inclusive of everyone. If at any time you need an accommodation, please let us know.

PIPEDA

We may collect, use or disclose your personal information for the purpose of establishing an employment relationship with you.

We also use artificial intelligence (AI) tools during parts of our recruitment process to support fair and efficient hiring decisions.