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Analyst, Risk Monitoring

10 hours ago


Montreal, Quebec, Canada TMX Group Full time

Venture outside the ordinary - TMX Careers
The TMX group of companies includes leading global exchanges such as the Toronto Stock Exchange, Montreal Exchange, and numerous innovative organizations enhancing capital markets. United as a global team, we're connecting cross-functionally, traversing industries and geographies, moving opportunity into action, advancing global economic growth, and propelling progress. Through a rich exchange of ideas, meaningful collaboration, and a nimble operating model, we're powering some of the nation's most critical systems, fueling capital formation and innovation, bringing increased opportunity to business visionaries, product ingenuity to consumers, and career exploration to our team.

Ready to be part of the action?
The Post Trade Risk Management team at TMX ensures the
Canadian Depository for Securities
(CDS) and
Canadian Derivatives Clearing Corporation
(CDCC) financial risks are managed according to TMX's risk appetite and policy. Applying a matrix structure for first and second line of defense, the team manages credit, market, liquidity, model, and operational risks using sophisticated tools and collaborates with internal and external partners. As systemically important entities, TMX Post Trade ensures market integrity and stability, meeting G20 commitments.

Reporting to the
Manager of the CDCC Risk Monitoring team
, the Analyst, Risk Monitoring will primarily focus on daily risk reporting and analysis. This role also involves conducting studies, developing and implementing risk management tools, and contributing to the ongoing enhancement of risk management policies. Furthermore, the Analyst will collaborate closely with other Risk Management teams.

This role is hybrid days/week in the office) - based in Montreal, QC.
Key Accountabilities

  • Produce timely, accurate risk parameters and analysis related to exchange-traded derivative products and cleared OTC markets
  • Conduct qualitative and quantitative analysis on market, liquidity and credit risks and produce various risk reports for CDCC management and Board of Directors
  • Contribute to the risk analysis of new products or initiatives and assess the impact of these on CDCC's risk processes and measures
  • Develop new risk management processes and support the maintenance of related procedures to meet the business and regulatory requirements
  • Utilize programming skills to optimize current risk management processes with analytics tools ensuring that effective controls are in place
  • Provide assistance to identify the production related incidents, perform root cause analysis and present findings/solutions based on the understanding of the business
  • Proactively assist with ad-hoc request from external partners (Clearing Members, Regulators, etc) to provide insights and integrated data related to CDCC clearing service
  • Create the risk testing cases/strategies and support the risk validations in UAT to ensure the smooth implementation of business and IT delivery
  • Collaborate with multiple working groups (e.g., Information Technology, Risk Architecture, CDCC Operations, etc.) on projects that relate to risk management

Must Haves

  • A Master degree in finance, financial engineering or a Bachelor degree in finance, financial engineering or the equivalent with 1 to 3 years of relevant experience
  • Relevant risk management experience in fixed income or derivatives preferred
  • Knowledge of SQL language or other database query tools
  • Experience in data analytics, data visualisation (e.g., Tableau, PowerBI) and reporting
  • Strong attention to detail
  • Self-starter who is proactive and capable of working independently
  • Strong interpersonal skills and work well in a team environment
  • Ability to reflect, summarize, and present sophisticated ideas

Nice To Haves

  • Experience in Python, Matlab, VBA or other programming languages
  • Experience in Bloomberg
  • Experience with equity TRS swap products (products, market structure, risk management)
  • Fluency in both French and English (written and spoken) is an asset, as this role involves regular interaction with partners and stakeholders in both languages

In the market for…
Excitement
- Explore emerging technology and innovation, as well as ventures and digital finance that shape the future of global markets Experience the movement of the market while grounded in the stability of close to 200 years of success.

Connection
- With site hubs in some of the world's most multicultural cities, we leverage our size and structure to create rich connections and belonging while experiencing powerful global impact through our work.

Impact
- More than a platform, we use our talents to power mission-critical systems that drive global economic advancement, innovation, and growth. As well, our employee-led
Team Impact
spreads social good via our giving strategy.

Wellness
- From empathetic leadership to a culture of flexibility and balance, we believe wellness at work creates the maximum yield and a stronger "we". Plus, with a cloud-first and hybrid workstyle, as well as generous time-off and leaves, we support a life well lived

Growth
- From a growth mindset in our work, to expansion in our business, TMX is home to action-takers energized by the achievement of ambitious growth.

Ready to enrich your career with impactful work, leaders who truly care, and the flexibility and programs to help you thrive as part of #TeamTMX ? Apply now.
Please note that our company is not currently sponsoring work permit applications and the applicant must be authorized to work in the country where this position is located.
TMX is committed to creating and sustaining a collegial work environment in which all individuals are treated with dignity and respect and one which reflects the diversity of the community in which we operate. We provide accommodations for applicants and employees who require it.