Market Risk Specialist

1 week ago


Canada Avanciers Inc. Full time

Avanciers is hiring Market Risk Consultant at Canada remote for one of our Fortune 500 clients. This is a Full time role with the client. Benefits will be covered by the Client.

Job Title: Market Risk Consultant

Location: REMOTE

Duration: Full time

Looking for intermediate/junior level candidates, and the candidates need to be currently working on and have credit and market risk modelling and validation experience.

Key Responsibilities:

The Market Risk Consultant may be responsible for but is not limited to;

  • Expertise in assessing, managing, and mitigating market risk for financial institutions, investment firms, and corporate clients.
  • Analyzing financial instruments, developing risk models, ensuring regulatory compliance, and advising on risk mitigation strategies.
  • Identify and analyze market risk exposures across asset classes (equities, fixed income, derivatives, FX, commodities).
  • Develop and implement risk measurement models including Value at Risk (VaR), Stress Testing, Scenario Analysis, and Sensitivity Analysis.
  • Monitor volatility, liquidity risk, and macroeconomic factors impacting financial markets.
  • Design and refine quantitative risk models to measure price fluctuations and potential financial losses.
  • Utilize statistical techniques, Monte Carlo simulations, and time-series analysis for risk forecasting.
  • Calibrate and validate market risk models using historical data and real-time market conditions.
  • Ensure compliance with Basel III, FRTB (Fundamental Review of the Trading Book), MiFID II, Dodd-Frank, and IFRS 9.
  • Assist in regulatory stress testing and risk disclosures for financial institutions.
  • Prepare and present risk reports to executive management, regulators, and risk committees.
  • Recommend hedging strategies using derivatives such as futures, options, swaps, and structured products.
  • Work with traders and portfolio managers to optimize risk-return trade-offs.
  • Implement policies and controls to minimize exposure to market fluctuations.
  • Leverage risk management platforms such as Bloomberg, MSCI RiskMetrics, MATLAB, Python, and R.
  • Develop automated risk dashboards and real-time risk monitoring tools.
  • Integrate AI and machine learning for predictive risk analytics.
  • Work closely with trading desks, portfolio management teams, risk officers and financial regulators.
  • Provide training and advisory support on risk methodologies and regulatory updates.
  • Develop risk governance frameworks and best practices for organizations.
  • Strong knowledge of market risk concepts, financial derivatives, and quantitative finance.
  • Expertise in VaR, Expected Shortfall, stress testing, risk modeling, and portfolio risk management.
  • Proficiency in programming languages (Python, R, SQL, VBA) and risk platforms (Bloomberg, MSCI, Murex, Axioma).


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