Sr.Risk Analyst/Derivatives/Counterparty CreditRisk
Are you an experienced Risk Analyst with a strong understanding of derivatives, counterparty credit exposure, and financial risk management within the banking industry? This is an exciting opportunity to join one of our top financial clients as a Sr. Risk Analyst – Derivatives/Counterparty Credit Risk, where you’ll be responsible for analyzing and monitoring counterparty exposures, ensuring compliance with regulatory standards, and supporting risk governance across the organization.
Working with one of our leading financial clients this role calls for a Sr.Risk Analyst/Derivatives/Counterparty CreditRisk who will play a critical role in managing operational risk, producing regulatory and management reports, and driving continuous improvements in risk control processes.
Responsibilities:
- Generate accurate and comprehensive daily, monthly, and quarterly OSFI B2/SCCL reports, including management reporting and counterparty credit limit monitoring.
- Lead and perform ad-hoc analyses of metrics, exposures, and transactions as requested by management and stakeholders.
- Review and validate mappings for business, client, product, and legal entity data that impact risk and regulatory reporting.
- Ensure internal control processes are adequate, documented, and align with governance standards.
- Manage operational risk through cross-training, documentation, and audit compliance.
- Execute infrastructure and process changes related to new policies, products, or system implementations.
- Analyze, report, and monitor risk exposures, escalating violations or production issues as necessary.
- Propose and champion projects to enhance reporting efficiency and strengthen business support functions.
- Liaise with front office traders, Credit Risk Management (CRM), Global Counterparty Credit (GCC), audit, and technology teams to ensure alignment and data accuracy.
- Maintain strong knowledge of analytical principles in credit and market risk management, particularly for derivatives and security financing transactions.
Desired Skill Set:
- 2+ years of experience analyzing risk exposure within a financial institution.
- Strong understanding of financial products including derivatives, repos/reverse repos, and securities lending.
- Experience with comprehensive approach and SA-CCR methodology for counterparty credit risk measurement.
- Solid understanding of banking operations and regulatory reporting processes.
- Proficiency in MS Office Suite (Excel, Access, PowerPoint).
- Strong attention to detail, analytical, and presentation skills.
Nice-to-Have:
- Experience with Python and SQL for data analysis and automation.
- Background in regulatory reporting (e.g., OSFI B2, SCCL).
- Professional certifications such as CFA, FRM, or equivalent.
- Technical skills such as VBA and experience in risk management systems.
BeachHead is an equal opportunity agency and employer. We advocate for you and welcome anyone regardless of race, color, religion, national origin, sex, physical or mental disability, or age.