Manager, Market Risk Management

4 months ago

Toronto, Canada Manulife Full time

**The opportunity**

Manulife Bank of Canada (“MBC”, the “Bank”) is a forward-thinking bank on a robust growth trajectory. Our success combines unique banking products and the latest technology to attract a new generation of clients. With the agility of a small bank, but the market reach of one of Canada’s largest companies, we are well positioned to continue our disruption of the banking industry.

Are you looking for a role where you will have a direct impact on the company’s strategies? Do you want an opportunity to develop and grow your banking career? Are you ready to challenge yourself? This position might be exactly what you are looking for

The **Manager, Market Risk Management **position at Manulife Bank of Canada offers an opportunity for an experienced finance and treasury professional to take their career to the next level, helping to maximize the profitability of Manulife Bank while ensuring key risks are effectively managed and remain within the bank’s risk appetite.

As a member of the Treasury Team and reporting to the Director, Treasury Transformation, this position is a great opportunity to help lead the transformation of key risk management functions, including interest rate risk in the banking book (IRRBB), Funds Transfer Pricing (FTP), liquidity risk management (LRM), business planning, and treasury operations.

The incumbent must possess expert theoretical knowledge of IRRBB and FTP concepts, and the ability to utilise advanced data tools (as well as Microsoft Excel) to analyze large data sets. Knowledge of LRM and treasury operations would also be a strong asset. The immediate focus of this position will be to help lead key Treasury transformation initiatives while also helping to support the team’s day-to-day operations and management reporting.

**Responsibilities**:

- Develop a sound theoretical approach to FTP for Manulife Bank and lead the implementation of key models, develop reports, documentation, and training to further embed FTP in all decision-making processes.
- Help to lead IRRBB management accountabilities, including day-to-day management and oversee the models used to calculate economic value of equity (EVE) and net interest income (NII) risks.
- Update, review, and develop commentary for the monthly ALCO report, and attend ALCO meetings to brief the senior leadership team on key developments related to market risk.
- Review and recommend policy and procedure updates, as well as modeling assumptions and approaches, to the treasury leadership team and ALCO.
- Research and provide recommendations process/policy changes related to key OSFI and other regulatory standards related to market risk, including (but not limited to) OSFI Guideline B-12 and the OSFI Liquidity Adequacy Requirements (LAR) guideline.
- Provide backup coverage to analysts responsible for monthly market risk management reporting and mentor analysts to develop their technical knowledge of market risk management concepts.
- Support day-to-day treasury operations and funding activities as required.
- Promote timely, data-driven decisions both within the Treasury Team and the larger Bank by driving operational efficiencies through automation using key technologies (Excel, VBA, SQL, Python).
- Drive strategic initiatives that will expand the Bank’s product and service offerings.

**What motivates you?**
- You obsess about customers, listen, engage and act for their benefit.
- You think big, with curiosity to discover ways to use your agile approach and enable business outcomes.
- You thrive in teams and enjoy getting things done together.
- You take ownership and build solutions, focusing on what matters.
- You do what is right, work with integrity and speak up.
- You share your humanity, helping us build a diverse and inclusive work environment for everyone.

What we are looking for
- Undergraduate degree in Finance, Economics, Accounting, or another quantitative field.
- Previous experience in managing market risks within the banking sector is required, along with a strong theoretical knowledge of, and prior experience implementing FTP systems.
- CFA and/or FRM designation would be considered a significant asset.
- Proficiency in data analytics using advanced Excel features, and programing/coding skills (e.g. SQL, Power Apps, Python) would be considered a strong asset.
- Accuracy, attention to detail and sound judgment are a must.
- A great teammate with a proven ability to effectively manage internal relationships by collaborating within the department and across business units.
- High degree of flexibility and creativity is required; must be able to adapt to a constantly changing environment and to develop and update financial procedures and processes to meet such changes.
- Strong interpersonal, communication and organizational skills and the ability to work within a variety of group settings.
- Strong business acumen with a good understanding of the business environment in order to p

  • Strategic Risk Management Leader

    4 weeks ago

    Old Toronto, Canada Risk & Insurance Management Society Inc Full time

    OverviewFiera Capital is seeking a highly skilled and experienced Director of Investment Risk to join its team. Reporting to the Global Chief Compliance and Investment Risk Officer, the successful candidate will play a critical role in enhancing and executing a robust quantitative and qualitative focused investment risk framework.About the RoleThe Director...

  • Risk Analyst

    7 months ago

    Toronto, Canada INTECH Risk Management Inc. Full time

    INTECH Risk Management Inc., an award-winning team of insurance risk management consultants, is looking for a Risk Analyst (Insurance Broker) to join our Risk and Insurance Services team in Toronto, Canada. The Risk Analyst (Insurance Broker) will serve as a key support in the provision of outsourced insurance and risk management services to clients in North...

  • Manager, Market Risk

    2 months ago

    Toronto, Canada Scotiabank Full time

    Requisition ID: 209955 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. As part of Scotiabank Global Risk Management, the Market Risk group is at the forefront of managing the Bank's market risk capital and stress testing program in response to current regulatory & market changes and risk management...

  • Marketing and Communications Coordinator

    7 months ago

    Toronto, Canada INTECH Risk Management Inc. Full time

    INTECH Risk Management Inc., an award-winning team of insurance risk management consultants, is looking for a talented and motivated Marketing and Communications Coordinator to join our team. As a Marketing and Communications Coordinator, you will play a key role in developing and implementing marketing strategies to promote our brand and drive business...

  • Director, Investment Risk

    1 month ago

    Old Toronto, Canada Risk & Insurance Management Society Inc Full time

    Full-timeJob Location: Toronto or MontrealAt Fiera CapitalWe invest in creating a culture of purpose that makes our people feel valued, cared for, seen, and heard.Our approach to employee experience is tailored to your needs and ambitions:Your Inclusive Experience: We are committed to cultivating an inclusive, safe, and trusting work environment.Your Growth...

  • Market Risk Management Consultant

    6 months ago

    Toronto, Canada Epsilon Solutions Full time

    **Job Title: Market Risk Management Consultant With Capital Market** **Location: Toronto, ON** **Duration: 12+ Months Contract** **Requirements**: - Capital Markets project implementation - essential (especially Fixed Income, Money Market and Equities related projects) - Strong Risk management knowledge (must be currently CFA/ FRM/ PRMIA certified) -...

  • Manager, Treasury Market Risk

    7 months ago

    Toronto, Canada Scotiabank Full time

    Requisition ID: 195877 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The Treasury Market Risk team provides self-governing oversight of the Bank’s structural balance sheet risks (Interest Rate Risk, FX, Investment Portfolios) as well as of the trading activity and hedging strategies executed by...

  • Market Risk Management Consultant

    6 months ago

    Toronto, Canada Aarorn Technologies Inc. Full time

    **Job Title: Market Risk Management Consultant** **Location: Toronto, ON (Thrice a Week Onsite)** **Requirements**: - Capital Markets project implementation - essential (especially Fixed Income, Money Market and Equities related projects) - Strong Risk management knowledge (must be currently CFA/ FRM/ PRMIA certified) - Analysis, data mapping and reporting...

  • Market Risk Management Consultant

    7 months ago

    Toronto, Canada Edge Health Full time

    **Job Title: Market Risk Management Consultant** **Rate: $55/CAD** **Hybrid** **Location: Toronto, ON** **Requirements**: - Counterparty Credit Risk monitoring - Pre-settlement risk measurement framework revision in response to regulatory requirements from UK Regulatory Compliance (PRA) - Money Market risk management - Liquidity Risk - Basel III...

  • Risk Manager, Enterprise Market Risk Regulatory

    4 months ago

    Toronto, Canada Royal Bank of Canada Full time

    **Job Summary** Develops and implements global risk management reports, systems, and processes to accurately report and explain market risk capital metrics. Applies experience, knowledge, skills, and practices to perform a variety of assignments. **What is the opportunity?** The role of Risk Manager, Enterprise Market Risk Regulatory Capital Reporting &...

  • Manager, Market Risk

    4 months ago

    Toronto, Canada Scotiabank Full time

    Requisition ID: 207541 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. As the Market Risk Model Development (MRMD) team, we are an established leader in risk methodologies with many awards and several firsts in the Canadian banking sector: We prepare Scotiabank for the adoption of new regulatory and...

  • Manager, Private Markets Risk

    4 months ago

    Toronto, Canada OPTrust Full time

    Manager, Private Markets Risk Department: Investment Risk Type: Permanent Location: Toronto Posting Date: August 22, 2024 At OPTrust, _paying pensions today, preserving pensions for tomorrow_ is our mission and business. When you choose OPTrust, you join a team of smart, talented people who fuel our success and have a passion for pensions. Everyone at...

  • Software Engineering Team Lead for Trading Systems

    4 days ago

    Toronto, Ontario, Canada Validus Risk Management Full time

    Validus Risk Management is a technology-enabled advisory firm specializing in financial market risk management. We design and implement strategies to measure, manage and monitor risks using our proprietary technology.We are seeking an experienced Lead Software Engineer with extensive knowledge of trading systems to lead our Client Success team for the...

  • Market Risk Manager

    1 month ago

    Old Toronto, Canada Scotiabank Full time

    h3>Title: Manager, CCR Analytics - Market Risk Measurement (Contract)Requisition ID: 211703Join 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? – p>As the Market Risk Measurement (MRM) team, we are an...

  • Financial Market Risk Manager

    7 months ago

    Toronto, Canada Payments Canada Full time

    Payments Canada's purpose is to make payments easier, smarter and safer for all Canadians. We care deeply about our employees' well-being and are committed to providing a flexible, hybrid work environment that supports in-person connection and remote work. - Get to Know Us We are a unique organization situated at the centre of Canada’s payments ecosystem....

  • Market Risk Oversight Manager

    1 month ago

    Toronto, Canada CWB Financial Group Full time

    At CWB , we strive to build value for the people who choose us every day: our people, our clients and our investors. We do this by: - Putting people first and building relationships with intention- Seeking out and embracing new ideas- Believing that how we do things is as important as what we do Roles Specifications Location | Toronto, ON. Edmonton,...

  • Market Risk Manager

    3 weeks ago

    Old Toronto, Canada Scotiabank Full time

    p>Excited about creating a safer financial world by using your data, analytics, and modelling skills? – p>As the Market Risk Measurement (MRM) team, we are an established leader in risk methodologies with many awards and several firsts in the Canadian banking sector: We prepare Scotiabank for the adoption of new regulatory and industry-wide initiatives and...

  • Risk Manager, Enterprise Non-trading Market Risk

    6 months ago

    Toronto, Canada TD Bank Full time

    **Work Location**: Toronto, Ontario, Canada **Hours**: 37.5 **Line of Business**: Risk Management **Pay Details**: **Department Overview**: **A World-Class, Diverse, Inclusive and Forward-Thinking Risk Management Team** **Curious, creative, innovative, independent. Do any of these attributes describe you? If so then you may be perfectly suited for our...

  • Manager, Go to Market Risk Partnering

    3 months ago

    Toronto, Canada Thomson Reuters Full time

    Are you passionate about the chance to bring your experience to a world-class company that is market-leading for both content and technology? If yes, we’re looking for you. In this opportunity as a **Manager, Go To Market Risk Partnering**, you will be supporting business stakeholders in decision-making by providing them with timely and relevant...

  • Strategic Risk Management Lead

    1 month ago

    Old Toronto, Canada Brookfield Asset Management, Inc Full time

    Brookfield Asset Management Inc OpportunityWe are seeking a skilled professional to join our team as a Strategic Risk Management Lead. This role is an exciting opportunity for a motivated individual to contribute to the growth and success of our organization.About Brookfield Asset Management IncBrookfield Asset Management Inc is a leading global alternative...