Overview
Senior Risk Analyst, Risk Architecture Jobs in Old Toronto at Knewin
Title: Senior Risk Analyst, Risk Architecture
Company: Knewin
Location: Old Toronto
Category: Finance & Banking, IT/Tech
Position: Senior Risk Analyst, Risk Architecture (24 -month contract)
Location: Old Toronto
Venture outside the ordinary – TMX Careers
The TMX group of companies includes leading global exchanges such as the Toronto Stock Exchange, Montreal Exchange, and numerousinnovativeorganizations 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, meaningfulcollaboration, and a nimble operating model, we’re powering some of the nation’s most critical systems, fueling capital formation andinnovation, bringing increased opportunity to business visionaries, product ingenuity to consumers, and career exploration to our team.
Ready to be part of the action?
The TMX group of companies includes leading global exchanges such as the Toronto Stock Exchange and the Montreal Exchange, and numerous
innovative
organizations enhancing capital markets, such as the Canadian Depository for Securities (CDS) and the Canadian Derivatives Clearing Corporation (CDCC).
As a member of the Cleared Equity Total Return Swap (TRS) project team, you will design and operationalize CDCC’s margin models and associated backtesting, sensitivity analysis and stress testing systems. Drawing on their expertise, you will find practical solutions to Equity TRS exposure margining scenarios and documents margin system requirements for third party system vendors. Using your direct equity TRS
product knowledge
, you will design and build complex financial risk model prototypes and testing systems for equity TRS base initial margin and margin add-ons (e.g. for market liquidity risk, settlement risk etc).
You will
assess models’ performance in provisioning for market, credit and liquidity risk exposures using backtesting and sensitivity analysis techniques.
You will
also develop systems to measure and monitor CDCC’s sufficiency of margin and liquidity resources to meet its risk exposures from cleared Equity Total Return Swaps.
Key Account abilities:
Analyze Equity TRS financial risk exposures (market, credit and liquidity) and validate models used to calculate required margin, clearing fund and liquidity resources validation, and make recommendations to streamline current processes and improve efficiency
Understanding existing and prospective projects and support needs, strategic objectives, business, and other implications or constraints, and decision-making processes
Design and prototype Equity TRS margining systems and document vendor system requirements to operationalize those models
Design, and operationalize automated User Acceptance Testing programs for Equity TRS vendor system
margin model functionality
model backtesting & sensitivity analysis tools
online margin calculator tools
Present solutions and quantitative results to senior Equity TRS project team members, Regulators and CDCC Clearing Members
Communicate, escalate, and update stakeholders on various topics (issues, action plans, etc.)
Developing and maintaining positive relationships with project team members, business partners (Operations, Legal, IT) to collaborate on projects that relate to risk management
Provide expert support in risk measurement, and qualitative and quantitative analysis related to equity TRS …
