As Associate Director, you ensure that market risk exposures are provided to stakeholders in a timely and accurate manner, with commensurate analytical insight on the risks. You assist the Director by analyzing and confirming drivers of changes for various trading and banking portfolios, compiling daily/weekly reports, performing daily OSFI backtests, improving the existing reporting infrastructure and providing enhancements to senior management reports. You ensure that the requisite inputs for complete and accurate reporting will be available for reporting periods by working closely with the Regulatory Capital & Analysis team, the Quantitative Risk Analytics team and the various Local Market Risk teams.
What will you do?
Provide timely accurate and complete market risk reporting and analysis, owning the end-to-end processes that facilitate this reporting stream
Design and develop new requirements for senior management reports, such as weekly Operating Committee report and FVOCI report
Understand, analyze and communicate the drivers and trends of risks for RBC and key sub-portfolios, and provide context therein with respect to changes in the market risk profile of the portfolios
Engage in replacement project for Eolus, and develop/modify template for reporting for ATOM
Provide detail risk analysis to senior management (such as quarterly risk reports, monthly/quarterly OSFI submission)
Maintain a thorough understanding of the methodologies used for Value at Risk (VaR), Stress VaR, Specific Risk (SR) and Stress Testing
Generate trends and reports daily for senior management, and communicate key/material changes to all stakeholders
Perform daily backtesting, generate weekly Operating Committee report, and quarterly trend analysis report
What do you need to succeed?
Must-have:
Minimum 5 years of experience in trading or trading risk management roles
Strong understanding of financial markets and trading businesses, both exchange traded and over the counter markets
Thorough knowledge of traded instruments including derivatives and their associated risks
Familiar with VaR and Stress Testing
Excellent knowledge of MS Excel, Tableau and exposure to SQL
Strong knowledge of programming languages, preferably Python
Nice-to-have:
MBA, MA or MS or equivalent with emphasis in finance, economics or a quantitative discipline
CFA, CA, FRM or other related professional qualifications
What’s in it for you?
We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation
Leaders who support your development through coaching and managing opportunities
Ability to make a difference and lasting impact
Work in an agile, collaborative, progressive, and high-performing team
The opportunity to interface with senior level executives from many different parts of the organization
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