Manager, Counterparty Credit Risk

1 month ago

Toronto, Canada Royal Bank of Canada Full time

**Job Summary**

The Counterparty Credit Risk Exposure Monitoring - Issuer, Settlements & Pre-settlement Risk Team is part of the larger Counterparty Credit Risk Exposure Monitoring (CCREM) within Group Risk Management. The team has primary responsibility for monitoring, evaluating, and reporting credit & settlement risk exposures stemming from Capital Markets, I&TS and Wealth Management activities. The team provides regular oversight and management of counterparty and issuer credit risk in relation to Pre-settlement risk (Cash securities & unsettled loans), Settlement Risk, funding and liquidity management, trading inventory, Precious Metals, Mortgage and AFS activity with a focus on North America but general oversight globally.

As Manager, under the guidance of the Director, Counterparty Credit Risk Exposure and Monitoring, you are responsible for monitoring, analysis and reporting of credit & settlement risk exposures in a timely and accurate fashion for a number or product types including foreign exchange & derivatives settlements, trading inventory, cash security pre-settlement risk & other trading products.

As Manager, you will also assist with streamlining and automating the team’s oversight processes and monitoring. This would include development and coding efforts required to mechanize reporting streams and monitoring and adjudication tools for new and existing product categories.

**What is the opportunity?**

As Manager, under the guidance of the Director, Counterparty Credit Risk Exposure and Monitoring, you are responsible for monitoring, analysis and reporting of credit & settlement risk exposures in a timely and accurate fashion for a number or product types including foreign exchange & derivatives settlements, trading inventory, cash security pre-settlement risk & other trading products.

As Manager, you will also assist with streamlining and automating the team’s oversight processes and monitoring. This would include development and coding efforts required to mechanize reporting streams and monitoring and adjudication tools for new and existing product categories.

**What will you do?**
- Pro-actively investigate risks to provide clear and comprehensive analysis to senior management on risk trends and concerns
- Analyze key trading strategies and products to ensure they are in line with risk tolerance and objectives
- Aid in the review and recommendation for approval of specific/significant transactions to help facilitate business while ensuring proper risk controls
- Investigate, document and appropriately report/escalate credit limit excesses as per internal policies inclusive of Conduct Risk
- Work with trading and other key business contacts to ensure mutual understanding of credit risk metrics, processes, and limits
- Develop tools to investigate and appropriately report/escalate credit limit excesses and exposure concerns
- Develop, Code and generate tools that will enable the team to review periodic and ad-hoc credit risk reporting in a timely and accurate fashion. These tools will enable the team to readily identify, investigate and summarize notable risk trends that are to inevitably escalated (as appropriate) to management

**What do you need to succeed?**

**Must-have**
- 1-2 years of experience at a financial institution in a quantitative Risk Control function such as market or credit risk, with an understanding of capital markets trading products and related credit risk concepts
- Good command and hands on experience with Excel, Python, VBA programming, SQL or equivalent programming languages
- Strong analytical and problem-solving skills
- Solid verbal and written communication skills
- Proven organizational skills, with the ability to meet strict deadlines

**Nice-to-have**
- FRM, PRMIA, or CFA

**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
- 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

**Job Skills**

Business Data Analysis, Communication, Credit Analysis, Critical Thinking, Database Queries, Data Visualization, Decision Making, Quantitative Methods, Risk Management

**Additional Job Details**

**Address**:
ROYAL BANK PLAZA, 200 BAY ST:TORONTO

**City**:
TORONTO

**Country**:
Canada

**Work hours/week**:
37.5

**Employment Type**:
Full time

**Platform**:
GROUP RISK MANAGEMENT

**Job Type**:
Regular

**Pay Type**:
Salaried

**Posted Date**:
202

  • Risk Manager, Counterparty Credit Risk

    6 months ago

    Toronto, Canada Royal Bank of Canada Full time

    **Job Summary** Counterparty Credit Risk (CCR) is responsible for providing risk oversight of RBC’s trading activities including (but not limited to) counterparty exposure measurement and monitoring, bespoke transaction adjudication and approval, portfolio risk analysis and reporting. As Risk Manager in the Counterparty Credit Risk Exposure Monitoring...

  • Analyst - Counterparty Credit Risk

    6 months ago

    Toronto, Canada TD Bank Full time

    **Analyst - Counterparty Credit Risk**: - 418301BR **Job Category - Primary** - Risk Management **Work Location** - TD Centre - TD Tower - 66 Wellington Street West **Employment Type** - Regular **City** - Toronto **Time Type** - Full Time **Province/State** - Ontario **Hours** - 37.5 **Workplace Model** - Hybrid **Pay Details** **Department...

  • Chief Counterparty Credit Risk Specialist

    4 weeks ago

    Old Toronto, Canada TD Full time

    At TD, we strive to offer competitive salaries and a fair compensation package to all our colleagues.The estimated salary range for this position is $76,800 - $115,200 per year.We are seeking an experienced Chief Counterparty Credit Risk Specialist to join our team.This role plays a critical part in the establishment and rollout of credit analytics across...

  • Manager, Counterparty Credit Risk

    1 month ago

    Toronto, Canada Royal Bank of Canada> Full time

    Job SummaryThe Counterparty Credit Risk Exposure Monitoring – Issuer, Settlements & Pre-settlement Risk Team is part of the larger Counterparty Credit Risk Exposure Monitoring (CCREM) within Group Risk Management. The team has primary responsibility for monitoring, evaluating, and reporting credit & settlement risk exposures stemming from Capital Markets,...

  • Counterparty Credit Risk Analyst

    4 weeks ago

    Old Toronto, Canada TD Bank Full time

    TD Bank is committed to offering a competitive compensation package that reflects our investment in supporting the well-being of our colleagues and their families.We are seeking a highly skilled Counterparty Credit Risk Analyst - Quantitative Expert to join our team. This role plays a key role in establishing and rolling out credit analytics across TD...

  • Manager, Counterparty Credit Risk

    4 months ago

    Toronto, Canada BMO Financial Group Full time

    250 Yonge Street Toronto Ontario,M5B 2L7 Provides production and end-user support and governance for the risk technical platform and system environment that supports risk data & control structures (e.g. process controls, user access controls, data integrity controls) to enable risk processes and operations. Supports and oversees the planning, maintenance...

  • Quantitative Analyst

    1 month ago

    Toronto, Ontario, Canada Scotiabank Full time

    Job Summary:Scotiabank is seeking a highly skilled Quantitative Analyst to join its Global Risk Management team. As a member of the Counterparty Credit Risk (CCR) Capital analytics team, you will be responsible for delivering reporting, analytics, and insights to the Bank's non-retail business lines.Key Responsibilities:Develop and maintain the Bank's CCR...

  • Manager - Counterparty Credit Risk Capital

    6 months ago

    Toronto, Canada BMO Financial Group Full time

    250 Yonge Street Toronto Ontario,M5B 2L7 If you’re looking for your next dream job, consider this one in BMO’s Enterprise Risk Group where every colleague helps protect and grow the bank by providing independent review and oversight of enterprise-wide risks, working together to maintain a risk management framework and fostering a strong risk culture....

  • Counterparty Credit Risk Analytics Expert

    2 weeks ago

    Toronto, Ontario, Canada Royal Bank of Canada Full time

    Company Overview">Royal Bank of Canada is a leading financial institution that values innovation and growth. We strive to build inclusive teams and create an equitable workplace where employees can bring their true selves to work.We are committed to tackling issues of inequity and systemic bias to support our diverse talent, clients, and communities.About...

  • Risk Management Specialist, Counterparty Credit

    4 weeks ago

    Toronto, Ontario, Canada The Toronto-Dominion Bank (Canada) Full time

    About UsThe Toronto-Dominion Bank (Canada) is a global leader in financial services, dedicated to delivering exceptional customer experiences and enriching the lives of our customers, communities, and colleagues.Job DescriptionWe are seeking an experienced Risk Management Specialist to join our Collateral Risk Management team. As a key member of our team,...

  • Strategic Counterparty Risk Analyst

    4 weeks ago

    Toronto, Ontario, Canada The Toronto-Dominion Bank (Canada) Full time

    Company OverviewThe Toronto-Dominion Bank (Canada) is a leading global financial institution with a rich history and commitment to customer satisfaction.Job Title: Strategic Counterparty Risk Analyst Salary:$80,000 - $110,000 per yearAbout the RoleWe are seeking an experienced Strategic Counterparty Risk Analyst to join our team in Collateral Risk...

  • Director, Market, Counterparty Risk, Model and

    2 months ago

    Toronto, Canada Royal Bank of Canada Full time

    **Job Summary** The Director, Market, Counterparty Credit, Liquidity and Model Risk Policy will provide senior level advice and support for the provision of governance and risk oversight with responsibility for the development, maintenance and communication of market, counterparty credit, liquidity and model risk as well as other relevant risk policy...

  • Risk Manager, Counterparty Credit Risk Portfolio Analysis

    3 weeks ago

    Toronto, Canada RBC Full time

    Job Summary Job Description What is the opportunity? Reporting to the Director, Counterparty Credit Risk (CCR) Portfolio Analysis Group, the incumbent is responsible for providing timely analysis to aid in the management of counterparty credit risk exposures and providing quantitative support in the transaction credit adjudication process. What will you...

  • Associate Director, Counterparty Credit Risk Analytics

    3 weeks ago

    Toronto, Canada RBC Full time

    Job Summary Responsible for the conceptual design, development, and ongoing maintenance of the mathematical models used for the measurement and capitalization of the counterparty credit risk of RBC's derivative portfolio. This includes ensuring that the model's underlying methodologies are appropriate and that they are implemented with integrity, to...

  • Risk Manager, Counterparty Credit Risk Portfolio Analysis

    2 weeks ago

    Toronto, Canada RBC Full time

    Job SummaryJob Description What is the opportunity?Reporting to the Director, Counterparty Credit Risk (CCR) Portfolio Analysis Group, the incumbent is responsible for providing timely analysis to aid in the management of counterparty credit risk exposures and providing quantitative support in the transaction credit adjudication process.What will you...

  • Associate Director, Counterparty Credit Risk Analytics

    2 weeks ago

    Toronto, Canada RBC Full time

    Job Summary Responsible for the conceptual design, development, and ongoing maintenance of the mathematical models used for the measurement and capitalization of the counterparty credit risk of RBC's derivative portfolio. This includes ensuring that the model's underlying methodologies are appropriate and that they are implemented with integrity, to...

  • Director, Credit Risk Management

    6 months ago

    Toronto, Canada Home Trust Company Full time

    Company Profile Home Trust Company has developed a track record of success as Canada’s leading alternative lender, employing nearly 850 people in our Toronto headquarters and branches across the country. Building on the demonstrated strength of our core residential and commercial mortgage lending business, the Company and its affiliates also offer...

  • Manager, Counterparty Credit Risk

    3 months ago

    Toronto, Canada Scotiabank Full time

    Requisition ID: 207898 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Excited about creating a safer financial world by using your data, analytics, and modelling skills? - Join us! As the Market Risk Measurement (MRM) team, we are an established leader in risk methodologies with many awards and...

  • Credit Exceptions Risk Analyst

    7 months ago

    Toronto, Canada TD Bank Full time

    **Work Location**: Toronto, Ontario, Canada **Hours**: 37.5 **Line of Business**: TD General **Pay Details**: **Department Overview** **The Capital Markets Risk Management (CMRM) area is part of the TD Bank Corporate Risk Management function. Our teams are accountable for the generation and monitoring of an independent view of the Profit and Loss, Market...

  • Manager, Credit Risk

    2 months ago

    Toronto, Canada Alnamo Corp Full time

    **Job Overview** **Responsibilities**: - Constantly review the assigned portfolio to monitor the credit quality and report on a regular basis. - Carry out credit analysis of lending proposals including commercial and syndication loans. - Provide research support on external developments (industry, sector trends, etc.) and their potential effects on the...