Risk Analyst II

Job Title: Risk Analyst II
Location: Toronto, ON (Hybrid)
Estimated Duration: 4 Months

SUMMARY OF THE ROLE:
An Analyst within Collateral Risk Management will primarily be focused on the effective and efficient mitigation of counterparty credit risk. ?The Analyst is responsible for supporting the end-to-end collateral lifecycle, including margin analysis, dispute investigation, risk monitoring, and regulatory reporting. The role requires strong analytical capabilities, attention to detail, and the ability to manage competing priorities in a time-sensitive environment.
 
The role will involve close partnership and interaction with a wide range of areas, including credit, middle office, legal, front office, settlements, and corporate treasury. As a result, the successful candidate will be required to possess strong communication skills.
Typical Day-to-Day Responsibilities : 

• Analysts within Collateral Risk Management are accountable for the following core responsibilities, but are not limited to:
• Monitor and analyze collateral exposures across OTC derivatives and secured financing portfolios
• Investigate valuation discrepancies and margin disputes for variation margin and initial margin
• Track and manage disputes to timely resolution, ensuring appropriate documentation and audit trail
• Prepare daily, monthly, and ad hoc reports (e.g., exposure dashboards, policy monitoring, dispute reports)
• Act as key point of contact for internal stakeholders (Front Office, Credit Risk, Legal, Operations)
• Collaborate cross-functionally to resolve issues and improve processes
• Drive process enhancements to improve automation, accuracy, and control effectiveness
• Solid understanding of derivatives, repo/securities financing, and collateral management concepts
• Familiarity with valuation drivers, margin methodologies (e.g., SIMM), and risk frameworks
• Strong analytical skills with ability to interpret data and identify issues

MUST-HAVE Hard Skills:

• 1-3 years of experience in capital markets, collateral management, or risk 
• Strong understanding of financial markets, derivatives, or securities financing products
• Familiarity with margining concepts, valuation drivers, and counterparty credit risk?????????? 
• Strong written and verbal communication skills, with ability to engage effectively with cross-functional stakeholders 
• Ability to investigate issues, perform root cause analysis, and provide clear, concise conclusions 
• Proficiency in Excel
• Experience working with large datasets and performing data analysis

 
SOFT SKILLS:

• Strong analytical skills with high attention to detail and quality control mindset 
• Ability to manage multiple priorities in a fast-paced, deadline-driven environment
• Proactive, self-starter with strong problem-solving and ownership mindset 

 
NICE-TO-HAVE 

• Experience with Python or other coding languages is considered an asset
• Familiarity with SIMM framework, Initial Margin, or regulatory margin requirements is considered an asset
• CFA, FRM, or progress toward a professional risk/finance designation is an asset