Risk Analyst

Job title: Risk Analyst

Company: Robertson & Company


Job description: 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 client, commercial banking, treasury, and retail banking.Introduction: Robertson is seeking a skilled Risk Analyst to join our client.Contract Dates: 12 months with potential to extend or convert
Pay Range: $60.24 to $68.62 per hour
Business Hours: Monday to Friday (Hybrid)Job Responsibilities:

• Work on Quantitative Risk Management (QRM, as Vendor) model development report (MDR) documentation, testing, and model submission.
• Work closely with Model Validation (MV) team to get models validated and approved.
• Work with various stake holders, such as Vendor, Technology and Treasury Business to integrate QRM for Bank’s Asset Liability Management and Funder Transfer Pricing solutions.
• Research industry best practices and support the development of quantitative valuation models for measuring and hedging the interest rate risk of retail, commercial and structured finance products in the Banking book.
• Address model validation, internal/external audit and regulatory requirements and/or findings in a timely manner.
• The position must work effectively with internal and external partners of TBSM, including Front Office, the Investments Team, the Market Risk Measurement and Reporting Team, the Treasury Analytics Group, and the Model Validation and Management Team, to ensure the soundness and accuracy of the model development and implementation.

Experience & Qualification Requirements:

• Model development/ validation
• Market risk/ interest risk
• Financial market knowledge
• Technical writing skills
• Experience in coding languages
• Experience with QRM is highly desired
• Experience in Model Validation and/or Model Development
• Strong Technical writing skills, especially on financial model documentation
• Strong quantitative skills with a graduate degree in one or more of the related areas such as mathematics, physics, computer science, statistics, with 5+ years of experience in quantitative analysis / financial engineering
• Knowledge of financial markets as well as fixed income portfolio management and hedging techniques and valuation models
• Experience in model development or validation with an advanced knowledge of stochastic processes and fixed income and asset backed securities modelling an asset
• Experience using coding languages such as C++/C#, Python, R, VBA programming
• Strong analytical & communication skills and demonstrated track record of creative problem solving & solution development
• High level of self-motivation

****ALL CANDIDATES MUST COMPLETE A CRIMINAL AND CREDIT CHECK AS PART OF THE APPLICATION PROCESS****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.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.

Expected salary: $60.24 – 68.62 per hour

Location: Toronto, ON

Job date: Sun, 26 Jan 2025 07:55:18 GMT

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