Risk Analyst III

Our client is a top financial institution with significant North American holdings.  They have operations across most major verticals, including institutional & corporate, wealth management, private clients, commercial banking, treasury, and retail banking.
 
Introduction:
Robertson is seeking a skilled Risk Analyst III to join our client in support of an existing vacancy.

Employment Type: 6 months with potential to extend
Base Salary: Starting form $40 per hour
Location: Toronto, ON
Location Type: Hybrid
Business Hours: Monday-Friday, Core business hours
 
Job Responsibilities:

• Manage Counterparty Credit Risk by investigating and escalating credit excesses at the facility level
• Generate accurate and complete processes to measure and report on exposures ensuring that all reports are submitted as per reporting guidelines
• Ensure risks within portfolios covered are correctly measured, aggregated, and analyzed in accordance with established and approved CAIRO counterparty limits
• Provide analysis, reporting and monitoring of risk exposures and adhere to internal standards with regards to violations and the escalation of production issues
• Ensure that all late or missing reports and related process metrics are recorded, documented and explained appropriately
• Propose, schedule, plan and champion projects to improve efficiencies in order to provide more effective business support
• Execute infrastructure changes with regards to implementation of new or revised policies or processes
• Ensure internal control processes are adequate and documented appropriately as per the governance standards including establishing appropriate review and assessment of the quality of outputs based on business standards
• Manage operational risk (e.g., cross-training, documentation, and audit)
• Liaise closely with the Bank’s front office traders, Credit Risk Management, Global Markets Credit, audit, technology groups, and other stakeholders to assist in meeting the Bank’s objectives
• Perform ad-hoc analyses of specific metrics/exposures/transactions as required by management and stakeholders
• Maintain a good understanding of the analytical principles underlying the risk management of financial derivatives, including issues that arise regarding financial modeling of products for risk purposes
  

Experience & Qualification Requirements:

• Undergraduate degree required
• 5 to 7 years of financial services experience required
• Strong knowledge of financial products (derivatives and bonds), counterparty credit risk and Capital Markets
• Experience of working with complex systems - (Vendor systems)
• Experience with performing impact assessments, drafting requirements, and performing testing for projects
• Investigation (Main focus)
• Experience in Risk Management roles is a plus
• Working knowledge of technical tools (SQL/VBA/Python/Artificial Intelligence) is a plus

How to Apply: If you are a motivated professional looking to contribute to a leading team, please submit your resume outlining your qualifications and experience relevant to this role. Robertson & the clients we represent, value diversity and are committed to creating an inclusive workplace. We invite all qualified individuals to apply.

Background screening is required as part of the onboarding process. The type of screening required (criminal, credit, or other verifications) will vary based on the position and client requirements.

We use AI technology as part of our application review process to assist with screening and assessment. All applications are also reviewed by our recruitment team.
  
Robertson & the clients we represent are equal opportunity employers, committed to diversity and inclusion. Robertson is a certified diverse supplier and actively seeks to foster a representative and inclusive workforce. We welcome applications from all qualified individuals, regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status, Aboriginal status, or any other legally protected factors. We champion building a diverse and inclusive environment.