Junior Risk & Credit Analyst

Questrade is on a mission to help Canadians to become much more financially successful and secure.

For nearly 30 years, Questrade Financial Group has been delivering on that mission through investing, banking, mortgages, and real estate. Together, we tilt finance in favour of ambitious Canadians, creating new ways for them to seize the financial future they deserve.

We're looking for people who are ready to enter their career inflection point. Mission-driven, exceptional folks that never settle. The work here is hard because the responsibility is real. If that's the standard you've been looking for, keep reading.

Req # 4305

The return on your career investment

• Compensation and incentives built to reward the value you bring.
• RRSP matching of up to 6%.
• Health and wellness resources and programs, including $5,000 in mental health practitioner coverage.
• $5,000 in tuition subsidies for job-related courses, every year.
• 100% parental top-up, up to 26 weeks for birthing parents and 18 weeks for non-birthing parents.
• A hybrid environment, with at least three days in the office built for working together.
• Paid vacation, personal, and sick days.
• A community care day to give back to the causes you care about.

This job posting is for an existing vacancy. 

We’re looking for our next Junior Risk & Credit Analyst

Safeguard Questrade’s capital and operational integrity by executing critical risk and credit functions across regular and extended trading hours. The Junior Risk & Credit Analyst actively monitors real-time trading activity and market conditions to mitigate financial and operational exposure. In this role, the analyst ensures client positions align with established risk parameters, addresses account variances, and proactively intervenes to prevent excessive leverage or speculative overexposure. By enforcing margin compliance and maintaining accurate equity balances, the analyst protects both client accounts and the firm from capital losses and negative equity scenarios.

The mandate

In this role, you will:

• Monitor Portfolio Concentration: Continuously analyze portfolio exposure to identify and mitigate single-asset or sector concentration risks.
• Manage Margin Operations: Issue margin calls and instruct the Trade Desk to execute liquidations or coverage for deficient accounts.
• Oversee Proprietary Positions: Track real-time market risk, leverage, and position limits across proprietary trading accounts.
• Validate Options Processing: Review and confirm option assignments and exercises to ensure accurate settlement and risk alignment.
• Deliver Risk Notifications: Communicate time-sensitive alerts to clients regarding margin deficiencies, registered account (RRSP) negative balances and liquidations
• Assess Foreign Exchange Exposure: Monitor cross-currency risk stemming from dual-currency (USD/CAD) account balances and fluctuations.
• Mitigate Complex Derivatives Risk: Evaluate multi-leg option strategies and direct the Trade Desk to close out positions posing critical assignment or exercise risk prior to expiry.
• Administer Cease Trade Order (CTO) Restrictions: Coordinate with Compliance and Trade Desk to apply and revoke trading restrictions on halted securities and confirm cancellation of open orders ahead of the evening CTO cutoff.
• Provide Extended-Hours Support: Act as the primary risk resource for internal teams (Trade Desk, Compliance, Client Success, Sales) during late and extended trading sessions.
• Manage Extended-Hours Exposure: Monitor market fluctuations and risk limits during pre-market and after-hours trading sessions.
• Drive Ad-Hoc Analytics & Projects: Conduct ad-hoc risk reporting, process evaluations, and departmental optimization projects as required.

You’re ready for this mandate if you have the following qualifications

• Post secondary degree/diploma in related or quantitative field
• CSI course completion is an asset (CSC, DFC, OLC)
• 1+ years of financial industry experience
• 1+ years experience in Risk
• A strong interest in and knowledge of the financial industry
• Strong interpersonal skill, ability to articulate complex information in a clear and concise manner
• Excellent MS Excel skill and G-suite, Python, SQL, Power-bi experience is preferred
• Working towards CFA/FRM designation is preferred

Additional Information

• Hours: 4:00 PM – 12:00 PM EST

Compensation Information

• Base salary range: $55,000 - $60,000
• The final compensation package will be commensurate with the successful candidate's experience, skills, and geographic location (Canada). It includes a comprehensive benefits plan and a competitive incentive (bonus) program for Full-Time Permanent roles.

Enter your career inflection point. Apply now. 

#LI-Hybrid,

The final compensation package will be commensurate with the successful candidate's experience, skills, and geographic location (Canada). It includes a comprehensive benefits plan and a competitive incentive (bonus) program for Full-Time Permanent roles.

Base salary range

$55,000 - $60,000 CAD

Technology and AI

We mix human ingenuity with advanced technology. For ambitious builders like you, we provide the latest technology to enable your creativity. You'll have everything you need to build the best outcomes and products for our clients.

Diversity and Inclusion

At Questrade Financial Group of Companies, we’re committed to fostering a diverse, inclusive, and accessible work environment where individuals are treated with dignity and respect. Our global team reflects the diversity of the communities we serve and operate in.

Accessibility statement

Candidates selected for an interview are contacted directly. If you require accommodation during the recruitment or selection process, please let us know. We will work with you to meet your needs.

AI in hiring

Questrade Financial Group of companies Applicant Tracking System uses artificial intelligence (AI) for application screening. The AI system operates on predetermined criteria, with final decisions subject to human review.