Market Risk Analyst, FX

Role overview

Market risk assessment

• Review daily exposures and P&L for FX options and short-term interest rate trading businesses.
• Monitor desk and asset-class limits, escalate breaches and emerging issues, and support traders with developing product-specific expertise.
• Run and analyze stress tests and scenario analyses to identify portfolio vulnerabilities and changing risk drivers.
• Escalate notable P&L, valuation, limit, data, model, or control issues through established review processes.
• Monitor market trends and assess emerging risks to the portfolio.
• Support analysis of new products, trading activity, and change initiatives as assigned.

Risk reporting and analysis

• Produce accurate, complete, and timely market risk reporting and analysis.
• Validate that risk sensitivities, VaR, Stressed VaR, stress testing, and backtesting exposures are captured, aggregated, and reported under applicable policies.
• Analyze day-over-day changes in risk measures and P&L and provide clear commentary to Risk Management and business partners.
• Identify data quality, methodology, model, and system issues and contribute to investigation and resolution.
• Develop practical knowledge of FX strategies, derivatives, valuation concepts, and pricing and risk analysis.

Pay details

• The posting lists a base pay range of CAD $69,700 to $98,400 but does not state a compensation cadence.

Work location

• The posting identifies Toronto, Ontario, Canada as the work location.

Requirements

• Able to deliver assigned work end to end within established guidelines and exercise judgment using multiple information sources.
• Able to identify and escalate risk, P&L, valuation, limit, data, model, and control issues through established processes.
• Develop practical knowledge of FX trading strategies, derivative products, valuation concepts, and analytical principles underlying pricing and risk.
• Able to produce accurate, complete, and timely risk reporting and communicate analysis clearly to risk and business partners.