Market Risk Solutions Architect

2 weeks ago


Toronto, Canada Cititec Talent Full time
Job Title: Market Risk Solutions Architect

Overview:

Cititec Talent is seeking a highly skilled Market Risk Solutions Architect to join our team. As a key member of our risk management department, you will play a critical role in delivering custom risk solutions and ensuring alignment between front office and risk requirements.

Key Responsibilities:

You will work on the delivery of tools and solutions for pricing, VAR (Value at Risk), position reporting, and other risk metrics, ensuring alignment between front office and risk requirements to avoid siloed solutions.

You will lead the migration from legacy Risk Warehouse databases to a unified global risk reporting platform, collaborating with developers and quantitative analysts to enhance risk engine capabilities with modular and flexible quantitative methodologies.

As the bridge between IT developers, risk teams, and front office stakeholders, you will ensure effective communication of requirements and solutions, raising potential alignment issues in development projects and providing insights to prevent conflicts across systems.

You will build and refine workflow tools for operational processes and global reporting needs, supporting the development of data visualization solutions to enhance risk reporting.

Finally, you will participate in reviewing and improving business processes to ensure scalable solutions, advocating for business-side ownership of change management and transformation, minimizing technology-driven fixes for process issues.

Requirements:

To be successful in this role, you should have a strong background in Market Risk, with knowledge of pricing, VAR, and other risk metrics. Hands-on experience working in a commodities trading or related financial environment is highly preferred, as well as familiarity with ETRM systems and their role as systems of record for trade data.

Key skills include the ability to understand and articulate the 'big picture' while delivering specific components of risk and operational tools, strong communication skills to liaise with developers and business stakeholders effectively, and an analytical mindset to identify potential conflicts and align solutions across departments.

Estimated Salary Range: $120,000 - $180,000 per year, depending on experience.


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