CAN - Risk Analyst III - 55823

Business Unit: : 4 - Financial Risk Management

Duration: End of Jan 2026

Extension possible: Possible

Interview Process: 2 rounds

Work Location: Wellington St W Hybrid - 2 days (Mon & thurs)

SUMMARY OF DAY-TO-DAY RESPONSIBILITIES:

Reporting to the Group Manager, Counterparty Credit Risk, this position plays a key role in the establishment and rollout of credit analytics across The Bank. The successful candidate will:

• Build a detailed understanding of the various derivative and financing businesses which Market Risk & Counterparty Analytics supports.

• Provide ad-hoc support to Front Office and Credit Management to facilitate trading of existing and new products.

• Review daily counterparty credit risk exposures and investigate any credit anomalies.

• Perform daily analysis of potential future exposure and various capital measures.

• Provide credit related subject matter expertise for a high number of ongoing strategic initiatives with the Firm.

• Provide ad-hoc data mining and risk reporting when required in support of internal or external requests.

• Perform assessment and monitoring of Counterparty Credit Wrong Way Risk in accordance to the bank’s risk appetite and credit policies.

• Highlight key risks in specific business lines and in the firm as a whole, and provide ongoing commentary on stress results.

• Work closely with the Trading desk, Technology, Finance, Model Development and Credit Management providing expert knowledge and support to ongoing credit risk analytics.

• Act as a subject matter expert for Counterparty Credit Risk Systems.

• Maintain an understanding of regulatory landscape related to risk reporting and capital measures.

• Maintain thorough understanding of all key risk and risk-related issues through continual review of risk reports/related data and dialogue with relevant parties.

• Provide assistance to Technology Solutions in model implementation.

MUST HAVE:

• 2-3 years prior capital markets work experience primarily focused on counterparty credit risk is required.
• SFT knowledge/ OTC derivatives
• Knowledge of Basel III, FINRA 4210, and emerging regulations.
• Proficient in MS Excel.
• Strong quantitative background and experience producing analytical reports.
• Knowledge in data processing techniques and their application to management control information systems.

NICE TO HAVE

• CFA / FRM candidates preferred - working towards CFA/FRM is accepted too.