Job Description

Risk Analyst

On behalf of our client in the Financial Services Sector, PROCOM is looking for a Risk Analyst.

Risk Analyst – Job Description

  • The individual will support monthly risk system upgrade initiatives related to the design, testing, and delivery of technology solutions for investment professional.
  • In this role you will work closely with Investments, Strategy & Risk, Model validation, Business Analyst and IT to assist with initiatives related to risk modeling, measurement and reporting.
  • Provide accurate and complete risk attribution for VaR/ETL, Greeks, Backtesting for Active and Asset Risk at the total fund level
  • Perform accurate weekly liquidity reporting and ad-hoc what-if analysis
  • Ensure daily risk reporting and monitoring are complete and calculated correctly by ensuring all Key Financial Controls are adhered to
  • Prepare risk reports and analysis in response to ad-hoc requests
  • Perform model condition monitoring for Model vetting Group Ensure internal control processes are documented and continuously updated
  • Complete multiple phases of unit and End-to-End testing needed to validate risk results from enhancement
  • Propose and implement enhancement to operational processes that govern Risk Analytics outputs team
  • Document and train Risk Analytics on new processes
  • Collaborate and maintain key relationships with Investments, Strategy and Risk, Model Validation, IT and External vendors
  • Attend meetings with various members of Risk Analytics, Strategy & Risk, Model Validation and/or IT around risk and model deliverables
  • This individual provides a direct resource to the Manager and is expected to make standard operational decisions.
  • On complex issues, the Financial Analyst is expected to have fully researched the issues and provide recommendations to the Manager.
  • This position requires an individual with a firm foundation in investment principles and processes.
  • In addition, the successful candidate must leverage strong quantitative and analysis skills using Excel and internal databases.
  • The individual must be able to deal with a variety of tasks and investment clients simultaneously.
  • In this role, the Financial Analyst will identify opportunities/ requirements, develop solutions and courses of action where there may be no precedent internally, and little externally.
  • This function will develop systems and procedures which will significantly and positively impact the decision-making process in the Investment Finance Department and ensure that all regulatory reporting is completed on a timely, thorough and accurate basis.
  • This position will ensure that daily operating and month-end procedures are successfully carried out and that problems are resolved, with significant issues being brought to management’s attention. 

Risk Analyst – Mandatory Skills

  • Proven quantitative finance professional with solid knowledge of investment portfolio risk management, strong leadership, interpersonal and analytical abilities
  • The successful candidate will have 3+ years’ experience in financial services with relevant exposure to risk measurement experience in market, credit, and liquidity risk
  • Relevant Master’s degree (such as Financial Mathematics, Business/Finance, Economics, Computer Science)
  • The Financial Analyst, Risk Analytics, will play an important role in the measurement and monitoring of investment Risk.
  • The individual will actively support the monitoring and reporting of the fund’s overall market, credit and liquidity risk exposure in a timely and accurate manner.
  • The candidate will use strong financial product knowledge and risk analysis skills to perform risk attribution analysis and provide insights into risk movements across various dimensions.

Risk Analyst - Assignment Start Date

ASAP – 6 months to start

Risk Analyst - Assignment Location

Toronto, ONT



Job Requirements

 

Company Overview

For 35 years, Procom has been pushing the envelope in North American IT staffing solutions. Driven by a senior management team of seasoned recruitment professionals, we have offices in 14 locations in the US and Canada and service all major IT markets.

When we started out in 1978, tech jobs were just being integrated into the workplace. We have been a part of shaping the landscape of IT in Canada ever since, placing IT consultants in major businesses in all sectors, including banking, telecommunications, and retail.

Through all the peaks and valleys of the IT industry, we have consistently done one thing: helping IT professionals discover the next chapter in their career.



Submit your email address to begin the application process for the Risk Analyst job
Email is invalid Email address is needed