Counterparty Credit Risk Manager

6 days ago

Toronto, Ontario, Canada Bank of Montreal Full time
Job Summary

We are seeking a highly skilled Risk Management Specialist to join our team at the Bank of Montreal. As a Counterparty Credit Risk Manager, you will be responsible for providing production and end-user support and governance for the risk technical platform and system environment.

Key Responsibilities
  • Support and Governance: Provide production and end-user support and governance for the risk technical platform and system environment that supports risk data & control structures.
  • System Management: Support and oversee the planning, maintenance and change management for risk system strategies, process changes, system parameter changes, production schedules, and operational tasks.
  • Stakeholder Management: Liaise with trading, line of business, risk oversight, analytic, model team and operations to ensure the proper handling of trades in Counterparty Credit Risk systems.
  • Change Management: Propose and implement changes to facilitate new business by providing requirements based on system need, participating in upstream initiative meetings and organizing/coordinating the SIT/UAT required.
  • Investigation and Resolution: Provide assistance and guidance on investigations related to system level issues identified, help to review the issues and follow the process to facilitate fixes needed based on priorities assigned.
  • Business Analysis: Drafting, maintaining and improving the business specification, develop system implementation, and monitor implementation against agreed timelines.
  • Financial Product Knowledge: Exceptional financial product knowledge including OTC Derivatives and Security Financing Transactions.
  • Technical Skills: Excellent programming skill including Python platform.
  • Team Management: Ensures alignment between values and behaviour that fosters diversity and inclusion.
  • Leadership: Regularly connects work to BMO's purpose, sets inspirational goals, defines clear expected outcomes, and ensures clear accountability for follow through.
  • Collaboration: Builds interdependent teams that collaborate across functional and operating groups to create the highest value for all stakeholders.
  • Talent Management: Attracts, retains, and enables the career development of top talent.
  • Performance Management: Improves team performance, recognizes and rewards performance, coaches employees, supports their development, and manages poor performance.
  • Advisory Role: Acts as a trusted advisor to assigned business/group.
  • Negotiation: Influences and negotiates to achieve business objectives.
  • Problem Solving: Recommends and implements solutions based on analysis of issues and implications for the business.
  • Strategic Planning: Assists in the development of strategic plans.
  • Issue Identification: Identifies emerging issues and trends to inform decision-making.
  • Research and Development: Researches existing or emerging requirements & related best practices to assist and develops recommendations for changes/enhancements.
  • Business Prioritization: Helps determine business priorities and best sequence for execution of business/group strategy.
  • Analysis and Assessment: Conducts independent analysis and assessment to resolve strategic issues.
  • System Management Infrastructure: Supports the planning and execution of system management infrastructure planning and development activities for a designated portfolio.
  • Strategic Initiatives: Supports development and execution of strategic initiatives in collaboration with internal and external stakeholders including product enhancements; Initiative areas can include intake, requirements, design, development, testing, simulation, sign-offs, production and post-implementation activities.
  • Stakeholder Alignment: Ensures alignment between stakeholders.
  • Regulatory Compliance: Represents the risk systems management function during internal/external regulatory audits and/or examinations.
  • Data Management: Coordinates the management of databases; ensures alignment and integration of data in adherence with data governance standards.
  • Problem Analysis: Breaks down strategic problems, and analyses data and information to provide insights and recommendations.
  • Change Management Planning: Builds change management plans of varying scope and type; leads or participates in a variety of change management activities including readiness assessments, planning, stakeholder management, execution, evaluation and sustainment of initiatives.
  • Issue Identification and Classification: Guides/assists in the identification and classification of issues; recommends action plans.
  • Operational Programs: Provides input into the planning and implementation of ongoing operational programs in support of the risk systems management.
  • Leads/participates in the design, implementation and management of core business/group processes.
  • Technical Infrastructure Monitoring: Monitors the risk system technical infrastructure, applications and/or business transactions across the environment.
  • Collaboration with Stakeholders: Collaborates with Technology service providers and other stakeholders to investigate, perform root cause analysis and plan corrective actions; follows production environment support processes and guidelines.
  • Business Objectives: Collaborates with internal and external stakeholders to deliver on business objectives.
  • Relationship Building: Builds effective relationships with internal/external stakeholders.
  • Performance Tracking: Monitors and tracks performance and addresses any issues.
  • Metrics and Milestones: Tracks metrics and milestones, makes recommendations for resolution and escalates as appropriate when issues arise.
  • Data Analysis: Analyzes data and information to provide insights and recommendations.
  • Data Reconciliation: Supports the data reconciliation / provisioning processes between core risk systems.
  • Change Verification: Performs verification and monitoring activities for all changes implemented in the production environments according to guidelines and policies.
  • Documentation and Knowledge Management: Supports the development and maintenance of system and process documentation / process controls / knowledge assets required for the operation.
Qualifications
  • Typically between 5 - 8 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
  • In-depth knowledge of risk system management concepts and applications.
  • In-depth knowledge & experience with risk policy frameworks; quality control / testing frameworks, omics.
  • Experience with Counterparty Credit Risk systems.
  • Knowledge of Python platform.
  • Knowledge of FDS and /or FRM.
  • Deep knowledge and technical proficiency gained through extensive education and business experience.
  • Verbal & written communication skills - In-depth.
  • Collaboration & team skills - In-depth.
  • Analytical and problem solving skills - In-depth.
  • Influence skills - In-depth.
  • Data driven decision making - In-depth.

  • Manager, Counterparty Credit Risk Capital Analytics

    4 weeks ago

    Old Toronto, Ontario, Canada Scotiabank Full time

    Position: Manager, Counterparty Credit Risk Capital AnalyticsRequisition ID: 200379Join a purpose-driven team that is committed to achieving results within an inclusive and high-performing culture.Objective of the Role:As a member of the Global Risk Management division, the Market Risk Measurement team is responsible for delivering comprehensive reporting,...

  • Counterparty Credit Risk Business Analyst

    4 weeks ago

    Toronto, Ontario, Canada IFG International Financial Group Ltd Full time

    Counterparty Credit Risk Business Analyst – Standardized ApproachIFG International Financial Group Ltd is in search of a Business Analyst with expertise in Counterparty Credit Risk for a contract role. This position offers an excellent opportunity for a professional with a strong background in the financial services sector.Key Responsibilities:Perform...

  • Manager, Counterparty Credit Risk Capital Analytics

    4 weeks ago

    Toronto, Ontario, Canada Scotiabank Full time

    Title: Manager, Counterparty Credit Risk Capital Analytics, Market Risk Measurement Join a purpose-driven and results-oriented team within a culture that values inclusivity and high performance. Job Purpose: As a member of the Global Risk Management division, the Market Risk Measurement team is responsible for delivering comprehensive reporting, analytics,...

  • Senior Manager

    5 days ago

    Toronto, Ontario, Canada BeachHead Full time

    About the RoleWe are seeking a highly skilled and experienced Senior Manager - Counterparty Credit Risk Specialist to join our team at BeachHead. As a key member of our financial institution, you will be responsible for managing and overseeing daily operations and system enhancements, ensuring that our exposure metrics are generated timely and accurately for...

  • Senior Manager

    5 days ago

    Toronto, Ontario, Canada BeachHead Full time

    About the RoleWe are seeking a highly skilled and experienced Senior Manager - Counterparty Credit Risk Specialist to join our team at BeachHead. As a key member of our financial institution, you will be responsible for managing and overseeing daily operations and system enhancements, ensuring that our exposure metrics are generated timely and accurately for...

  • Counterparty Credit Risk Lead

    6 days ago

    Old Toronto, Ontario, Canada BMO Financial Group Full time

    About the RoleWe are seeking a highly skilled Risk Management Specialist to join our team at BMO Financial Group. As a Counterparty Credit Risk Lead, you will play a critical role in providing production and end-user support and governance for the risk technical platform and system environment.Key ResponsibilitiesProvide Technical Support: Offer production...

  • Counterparty Credit Risk Lead

    1 week ago

    Old Toronto, Ontario, Canada BMO Financial Group Full time

    About the RoleWe are seeking a highly skilled Risk Management Specialist to join our team at BMO Financial Group. As a Counterparty Credit Risk Lead, you will play a critical role in providing production and end-user support and governance for the risk technical platform and system environment.Key ResponsibilitiesProvide Technical Support: Offer production...

  • Associate Director, Counterparty Credit Risk Exposure Monitoring

    3 hours ago

    Toronto, Ontario, Canada Royal Bank of Canada Full time

    Job SummaryWe are seeking an experienced Associate Director to join our Counterparty Credit Risk Exposure monitoring team. As a key member of the team, you will be responsible for daily management of the credit risk framework and will help to facilitate implementation of the stress risk framework as it pertains to derivative exposures.You will support daily...

  • Counterparty Credit Risk Specialist

    6 days ago

    Toronto, Ontario, Canada BMO Full time

    About the RoleWe are seeking a highly skilled Senior Quantitative Analyst to join our team at BMO. As a key member of our Counterparty Credit Risk team, you will play a critical role in developing and implementing mathematical models to analyze and manage financial risk.Key ResponsibilitiesDevelop and maintain complex mathematical models to analyze and...

  • Counterparty Credit Risk Specialist

    1 week ago

    Toronto, Ontario, Canada BMO Full time

    About the RoleWe are seeking a highly skilled Senior Quantitative Analyst to join our team at BMO. As a key member of our Counterparty Credit Risk team, you will play a critical role in developing and implementing mathematical models to analyze and manage financial risk.Key ResponsibilitiesDevelop and maintain complex mathematical models to analyze and...

  • Counterparty Credit Risk Analyst

    2 weeks ago

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

    Job Description:Job Summary:We are seeking a highly skilled Risk Management Specialist to join our Collateral Management team. As a Counterparty Credit Risk Analyst, you will be responsible for assessing and managing counterparty credit risk efficiently.Key Responsibilities:Investigate and resolve valuation discrepancies to ensure accurate risk...

  • Counterparty Credit Risk Analyst

    6 days ago

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

    Job Description:Job Summary:We are seeking a highly skilled Risk Management Specialist to join our Collateral Management team. As a Counterparty Credit Risk Analyst, you will be responsible for assessing and managing counterparty credit risk efficiently.Key Responsibilities:Investigate and resolve valuation discrepancies to ensure accurate risk...

  • Counterparty Credit Risk Analytics Manager

    5 days ago

    Old Toronto, Ontario, Canada BeachHead Inc. Full time

    About the RoleWe are seeking a highly skilled Counterparty Credit Risk Analytics Manager to join our team at BeachHead Inc. This is a unique opportunity to leverage your expertise in risk management and analytics to drive business growth and success.Key ResponsibilitiesManage Business Processes: Ensure that proper controls are in place and executed...

  • Counterparty Credit Risk Analytics Manager

    5 days ago

    Old Toronto, Ontario, Canada BeachHead Inc. Full time

    About the RoleWe are seeking a highly skilled Counterparty Credit Risk Analytics Manager to join our team at BeachHead Inc. This is a unique opportunity to leverage your expertise in risk management and analytics to drive business growth and success.Key ResponsibilitiesManage Business Processes: Ensure that proper controls are in place and executed...

  • Senior Analyst, Counterparty Credit Risk Specialist

    6 days ago

    Old Toronto, Ontario, Canada BMO Financial Group Full time

    Job SummaryWe are seeking a highly skilled Senior Analyst to join our Counterparty Credit Risk team at BMO Financial Group. As a key member of our team, you will be responsible for developing and maintaining quantitative risk models, analyzing credit risk, and providing strategic recommendations to senior management.Key ResponsibilitiesDevelop and maintain...

  • Senior Analyst, Counterparty Credit Risk Specialist

    7 days ago

    Old Toronto, Ontario, Canada BMO Financial Group Full time

    Job SummaryWe are seeking a highly skilled Senior Analyst to join our Counterparty Credit Risk team at BMO Financial Group. As a key member of our team, you will be responsible for developing and maintaining quantitative risk models, analyzing credit risk, and providing strategic recommendations to senior management.Key ResponsibilitiesDevelop and maintain...

  • Credit Risk Analyst

    6 days ago

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

    Job SummaryThe Toronto-Dominion Bank (Canada) is seeking a highly skilled Credit Risk Analyst to join our team. As a Credit Risk Analyst, you will play a critical role in analyzing and managing credit risk exposures to ensure they are in accordance with established counterparty credit limits.Key ResponsibilitiesGenerate accurate and complete processes to...

  • Credit Risk Analyst

    1 week ago

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

    Job SummaryThe Toronto-Dominion Bank (Canada) is seeking a highly skilled Credit Risk Analyst to join our team. As a Credit Risk Analyst, you will play a critical role in analyzing and managing credit risk exposures to ensure they are in accordance with established counterparty credit limits.Key ResponsibilitiesGenerate accurate and complete processes to...

  • Associate Director, Credit Risk Management

    6 days ago

    Toronto, Ontario, Canada Royal Bank of Canada> Full time

    Job SummaryWe are seeking an experienced Associate Director to join our Counterparty Credit Risk Exposure monitoring team. As a key member of our team, you will be responsible for the daily management of our credit risk framework and will help facilitate the implementation of our stress risk framework as it pertains to derivative exposures.Key...

  • Associate Director, Credit Risk Management

    6 days ago

    Toronto, Ontario, Canada Royal Bank of Canada> Full time

    Job SummaryWe are seeking an experienced Associate Director to join our Counterparty Credit Risk Exposure monitoring team. As a key member of our team, you will be responsible for the daily management of our credit risk framework and will help facilitate the implementation of our stress risk framework as it pertains to derivative exposures.Key...