Risk Analyst – CCR / Repo & Securities
Are you ready to leverage your risk management expertise in a dynamic financial environment? Apply Now!
Working with one of our top financial clients, this role calls for a Risk Analyst – CCR / Repo & Securities. This position involves supporting large-scale projects related to securities finance transactions, ensuring compliance with regulatory standards, and maintaining robust risk oversight. The role offers opportunities to work in a collaborative team environment with exposure to key risk reporting processes within a leading financial institution.
Pay rate range (CAD): $56.19/hr – $67.43/hr
Responsibilities
- Lead the preparation and accuracy check of daily, monthly, and quarterly OSFI B2/SCCL reports, including management and counterparty risk limit monitoring reports.
- Conduct detailed reviews and research on data mappings including business, client, product, and legal entity data to ensure proper reporting.
- Assist in implementing infrastructure changes related to new or revised policies, products, or processes.
- Analyze, report, and monitor risk exposures in accordance with internal standards, escalating violations and production issues as necessary.
- Ensure completeness and timeliness of reports, documenting process metrics, late/missing reports, and issues appropriately.
- Manage projects aimed at improving reporting efficiency and operational effectiveness.
- Maintain internal control processes, documentation, and governance standards, including assessing the quality of outputs.
- Oversee operational risks such as cross-training, audit preparation, and process documentation.
- Collaborate with front office traders, Credit Risk Management, Global Counterparty Credit, audit, and technology teams to support business objectives.
- Perform ad-hoc analyses on specific risk metrics, exposures, and transactions as requested by management and stakeholders.
- Stay up-to-date with analytics principles underlying credit risk management for various product types, including relevant financial modeling issues.
Desired Skill-Set
- Extensive understanding of Securities Financing Transactions including Repo, Reverse Repo, Triparty Repo, Securities Lending and Borrowing.
- Knowledge of the role of banks and broker-dealers within the SFT space and associated supporting business lines.
- Strong experience with US/Canadian banking regulations, specifically OSFI and SSCL.
- Excellent written and verbal communication skills.
- Proven leadership and interpersonal skills, with the ability to work independently and as part of a team.
- Highly organized, self-motivated, with strong analytical skills and attention to detail.
- Ability to adapt quickly to changing priorities and deliver results efficiently.
Nice to Have
- CFA or FRM certification.
- Previous experience in risk management roles within financial institutions.
- Proficiency in Python and SQL for data analysis and requirements gathering.
BeachHead is an equal opportunity agency and employer. We advocate for our candidates and welcome applicants regardless of race, color, religion, national origin, sex, age, or physical or mental disability. BeachHead or our clients may use technology-enabled tools, including automation and artificial intelligence (AI), to support parts of the recruitment process such as resume screening, application management, and candidate matching. These tools assist our recruiters and our clients, and do not replace human decision-making. This job posting represents a current or anticipated vacancy. The position may be filled at any time, and the posting may be removed without notice once the role has been filled.