Risk Analyst

Primary Job Title:
Risk Analyst

Alternate/Related Job Titles:

• Market Risk Analyst

• Counterparty Risk Analyst

• Financial Risk Reporting Specialist

Location:
Toronto, Ontario

Onsite Flexibility:
Hybrid (4 days onsite)

Contract Details:

• Position Type: Contract

• Contract Duration: 12 months

• Start: As Soon As Possible

• Pay Rate: C $30 - 40/Hr

Job Summary:
The Risk Analyst will support the Market Risk & Counterparty Analytics team within Capital Markets Risk Management. This role focuses on large exposure reporting, counterparty credit risk, and regulatory compliance aligned with OSFI B2 and SCCL frameworks. The analyst will play a critical role in ensuring risk governance, data accuracy, and process control within one of Canada’s top 10 financial institutions.

Key Responsibilities:

• Generate accurate and complete daily, monthly, and quarterly OSFI B2/SCCL reports, including management and counterparty limit monitoring reports.

• Lead and maintain subject matter expertise in risk mapping and governance processes.

• Review and research data mappings (business, client, product, and legal entity) that drive regulatory reporting.

• Support implementation of new or revised policies, products, and processes.

• Conduct ad-hoc analyses of metrics, exposures, and transactions for management and stakeholders.

• Monitor and document internal control processes and ensure audit readiness.

• Manage operational risk through documentation, cross-training, and quality assurance.

• Liaise with front office traders, Credit Risk Management, Global Counterparty Credit, audit, and technology teams.

• Champion efficiency projects and process improvements within the reporting function.

Required Experience:

• 5–7 years of experience in risk analysis or related financial risk roles.

• Post-secondary degree in finance, economics, or a related field.

• Experience with financial products such as securities financing transactions (repo, reverse repo, securities lending).

• Working knowledge of SACCR methodology and comprehensive risk approaches.

• Proven experience in managing operational and governance risks within a financial institution.

Nice-to-Have Experience:

• FRM or CFA certification.

• Master’s degree in finance, economics, or quantitative discipline.

• Familiarity with Python and SQL.

• Prior experience in regulatory reporting or capital markets analytics.

Required Skills:

• Risk exposure analysis

• Financial product knowledge (repo, reverse repo, securities lending)

• SACCR methodology and counterparty risk analysis

Preferred Skills:

• Microsoft Access, Excel, and Power Point

• Strong presentation and communication skills

• Python and SQL (basic scripting or automation)

• Organizational and documentation proficiency

Additional Skills:

• Self-starter with strong initiative and attention to detail

• Ability to work independently or collaboratively

• Analytical mindset and problem-solving capability

About the Client:
Top 10 bank in Canada and North America offering comprehensive financial solutions. Providing retail, commercial, wealth management, and wholesale banking services, we help clients thrive in today's evolving market.

About GTT:
GTT is a minority-owned staffing firm and a subsidiary of Chenega Corporation, a Native American-owned company in Alaska. As a Native American-owned, economically disadvantaged corporation, we highly value diverse and inclusive workplaces. Our clients are Fortune 500 banking, insurance, financial services, and technology companies, along with some of the nation’s largest life sciences, biotech, utility, and retail companies across the US and Canada.

We look forward to helping you land your next great career opportunity!

Job Number: 25-26987