Our client, a Canadian financial institution is looking to recruit a Manager, Financial Market Risk to join their team.
This individual is responsible for ensuring accurate and vetted valuation of market risk in the balance sheet and capital market portfolios. This is an exciting opportunity for an individual with a strong modeling, quantitative background with capital market and balance sheet experience. The ideal candidate will have good communication skills to work with a dynamic highly skilled analytical team. This position will enable future growth potential in other market risk positions or in a front office position.
Responsibilities
Develop, establish and maintain an inventory of official quantitative risk models
Monitor models to ensure the correct mathematical representation of the current market conditions
Liaise with lines of business to develop new models or make changes to existing models
Accurate measurement of market risk in balance sheet and off balance sheet products.
Communicating and investigating any risk model output irregularities with capital market traders
Develop and implement policies and procedures for proper risk and model valuation
Improve processes and make necessary adjustments to policies and procedures
Qualifications
University Degree, preferably in Finance, Business or Math
FRM designation, an asset
3 to 5 yrs of related work experience, preferably in a financial institution
Strong modeling analytics, quantitative risk and problem solving skills
Excellent communication skills – both verbal and written
Detailed understanding of derivative products and balance sheet items
A leader in the field of executive search, Thorek/Scott and Partners has been successfully bringing people and opportunities together for more than three decades. Maintaining a passionate dedication to the highest standards of excellence and integrity, few can match our understanding of the marketplace, or our swiftness in assessing and fulfilling its needs.
Thorek/Scott specializes in the Financial Services industry, including Wealth Management, Investment Banking, Private Equity, Capital Markets, Commercial and Corporate Banking, Corporate Finance, Equity Research and Sales and Trading. We have significant experience placing key employees across all functional areas including Front Office, Risk Management, Quantitative Analytics, Finance and Accounting, Compliance, Audit, Information Technology and Human Resources.
Please visit our website at www.thorekscott.com for a complete listing of jobs, some of which are not included on eFinancialCareers.
