Risk Analyst

Primary Job Title:
Risk Analyst 

Alternate/Related Job Titles:

• Collateral Management Analyst
• Market Risk Analyst
• Counterparty Credit Risk Analyst
• Risk Operations Analyst

Location:
Toronto, ON

Onsite Flexibility:
Hybrid (currently 1 day onsite per week; may increase to 4 days onsite by Spring 2026 based on business needs)

Contract Details:

• Position Type:
  Contract
• Contract Duration:
  12 Months
• Start:
  As Soon As Possible
• Pay Rate:
  C$ C$39.00/hr
• Extension Possible:
  Yes (potential)
• Conversion Possible:
  Yes (potential)

Job Summary:

The
Risk Analyst III
supports the
Collateral Management
function within the Market Risk & Counterparty Analytics team. This role is focused on the
effective mitigation of counterparty credit risk
, including margining, portfolio monitoring, and reconciliation. The analyst partners closely with cross-functional teams such as Credit, Middle Office, Legal, Front Office, Settlements, and Corporate Treasury to ensure operational efficiency, accuracy, and adherence to risk policies.

Key Responsibilities:

• Monitor daily client portfolios, issue and receive collateral calls, and ensure margining accuracy.
• Enter and validate margin tickets within the collateral management system.
• Conduct portfolio reconciliations and resolve margining disputes in a timely manner.
• Partner with internal stakeholders to ensure compliance with Global Short-Term Markets Policy.
• Perform control and reconciliation activities to ensure the integrity of operational processes.
• Proactively identify and mitigate operational and counterparty credit risk.
• Seek opportunities for
  process optimization
  and automation to increase efficiency.
• Provide high-quality service and build strong relationships with internal and external clients.
• Contribute ideas to enhance workflow and operational risk management practices.

Required Experience:

• Minimum
  3 years of industry experience
  in risk management, collateral management, or related financial operations.
• Proven
  fixed income
  product knowledge.
• Strong proficiency in
  Microsoft Excel
  (pivot tables, VLOOKUPs, data analysis).

Nice-to-Have Experience:

• CFA or FRM designation.
• Post-graduate degree in Finance, Economics, or a related field.
• Experience in settlements or margin operations within capital markets.

Required Skills:

• Collateral Management / Margining
• Fixed Income Products
• Excel (Pivot Tables, VLOOKUPs)

Preferred Skills:

• Risk Analysis and Mitigation
• Data Reconciliation
• Stakeholder Communication

Additional Skills:

• Process Improvement
• Client Interaction
• Policy Compliance
• Exposure Monitoring

Soft Skills:

• Self-starter
  with high motivation and ownership mindset.
• Ability to
  work independently
  and manage deliverables effectively.
• Strong attention to detail and analytical thinking.

Education and Certifications:

• Minimum
  undergraduate degree
  required.
• CFA/FRM certification
  considered an asset.

Team Environment:

• Work with a team of up to 6 professionals in the Market Risk & Counterparty Analytics group.
• Collaborate closely with cross-functional departments to ensure risk mitigation and reporting accuracy.

Schedule & Work Details:

• Hours:
  Monday-Friday, standard business hours (with some flexibility).
• Overtime:
  Yes, as required.
• Travel:
  None.

About the Client:

Top 10 bank in Canada and North America offering comprehensive financial solutions. The team provides retail, commercial, wealth management, and wholesale banking services, helping clients thrive in today's evolving financial markets.

About GTT:

GTT is a minority-owned staffing firm and a subsidiary of Chenega Corporation, a Native American-owned company in Alaska. As a Native American-owned, economically disadvantaged corporation, we highly value diverse and inclusive workplaces. Our clients are Fortune 500 banking, insurance, financial services, and technology companies, along with some of the nation's largest life sciences, biotech, utility, and retail companies across the US and Canada. We look forward to helping you land your next great career opportunity

Job Number: