Risk & Credit Analyst

7 days ago


Toronto, Ontario, Canada Questrade Financial Group Full time
Questrade Financial Group (QFG) of Companies is committed to helping Canadians become much more financially successful and secure. We are everything a traditional financial institution is not.

Our vision is to revolutionize financial services for the benefit of Canadians by providing the most innovative and cost efficient financial services online.

That's why we empower our employees to continuously grow their professional careers with QFG.

We believe in having a diverse, inclusive place to work and our flexible working arrangements brings that to life so you can unleash your creativity.

Our values are a part of our DNA, and we care deeply about our people helping us fulfill our mission and become an important part of our community.

We are always looking for like-minded professionals to join our team. Come grow with us.

Looking for an exciting career in Risk? Look no further

The purpose of the Risk & Credit Analyst is to ensure Questrade protects capital resources, complies with regulatory rules, and minimizes the various market and client risks.

What's it like working as a Risk & Credit Analyst at Questrade?

The Risk & Credit Analyst monitors and analyzes Questrade's exposure to market conditions in real time by reviewing trading activity and assigning follow up with clients when necessary.

They perform various tasks to ensure client positions are accurate and within defined risk parameters.

They take preventive action in order to ensure clients do not take outsized speculative positions and ensure client account equity does not fall into a negative balance.

Need more details? Keep reading...

  • Concentration monitoring
  • Maintain and issue margin calls
  • Assess corporate and institutional FX clients, issue margin calls
  • Prop trader position management and maximum exposure monitoring
  • Option assignments and exercises
  • Reorganizations bookkeeping, updating client accounts
  • Notify clients of margin calls, low equity, RRSP negative balances
  • Buying power updates
  • Update and assess cancelled and busted trades
  • Assessing USD vs. CAD balances risk
So are YOU our next Junior Risk & Credit Analyst? You are if

  • Post secondary degree/diploma in related or quantitative field
  • Successful completion of the Canadian Securities Course (CSC)
  • Completion of the Derivatives Fundamentals Course (DFC), Options Licensing Course (OLC)
  • 2+ years of financial industry experience
  • 12 years experience in Risk
  • A strong interest in and knowledge of the securities industry
  • Excellent MS Excel and MS Office skills
Brownie points if you...
Are working towards a CFA or FRM designation

Sounds like you? Click below to apply
L1-EP1
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