Senior Analyst, Risk Management

Venture outside the ordinary - TMX Careers

The TMX group of companies includes leading global exchanges such as the Toronto Stock Exchange, Montreal Exchange, and numerous innovative organizations 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, meaningful collaboration, and a nimble operating model, we're powering some of the nation's most critical systems, fueling capital formation and innovation, bringing increased opportunity to business visionaries, product ingenuity to consumers, and career exploration to our team.

Ready to be part of the action?

The Post Trade Risk Management team at TMX is dedicated to establishing robust procedures, models, systems, reporting mechanisms, and governance frameworks to manage CDS and CDCC financial risks effectively. We align with TMX's risk appetite and policies and adhere to the CPSS-IOSCO Principles for Financial Market Infrastructures (PFMIs). Our team oversees various risk exposures, including credit, market, liquidity, model, and operational risks.

As a Senior Analyst reporting to the Risk Integration Manager, you will play a crucial role in advancing the strategic initiatives of CDS and CDCC. Your responsibilities will include collaborating on implementing sophisticated risk management tools and driving continuous improvement in risk management processes. In this pivotal role, you will ensure that our risk management practices remain at the forefront of industry standards and evolving demands.

Key Responsibilities

• Advanced Data Science and Analytics: Utilize advanced data science methodologies to perform in-depth quantitative and qualitative analyses of equity, fixed income, derivatives, and structured products. Develop and deploy complex models to effectively assess and manage risk.

• Programming and Tool Development: Design, develop, and maintain cutting-edge applications using programming languages and tools such as Matlab, Python, and SQL. Leverage your technical expertise to build models and data visualizations that enhance and support our risk management strategies.

• Process Automation and Optimization: Identify and exploit opportunities for process automation to drive efficiency. Use data-driven insights to recommend and implement improvements in risk management processes.

• Collaboration and Communication: Work closely with cross-functional teams to gather requirements, validate data, and ensure successful implementation of risk management solutions. Communicate complex data findings and recommendations clearly and effectively to stakeholders.

• Documentation and Reporting: Create and maintain detailed solution diagrams, flowcharts, and comprehensive documentation. Ensure that all applications and processes are meticulously documented and adhere to best practices in data science and risk management.

Must haves

• Educational Background: Bachelor's degree in Computer Science, Engineering, or Mathematics, or a Master's degree in Financial Engineering or a related field with a strong focus on Finance and data science.

• Relevant Experience: 3-5 years experience in finance specializing in programming. Demonstrated success in applying data science techniques to financial risk management.

• Technical Proficiency: Skilled in programming (Matlab, Python, SQL). Experience with data visualization tools such as Tableau is considered an asset.

• Analytical Skills: Exceptional analytical and problem-solving abilities with a proven capacity to manage and prioritize multiple projects and ad-hoc requests in a high-pressure environment.

Nice to haves

• Certifications: FRM (Financial Risk Manager) or PRM (Professional Risk Manager) certifications are highly desirable.

• Additional Qualifications: CFA (Chartered Financial Analyst) designation is considered an asset.

• Tool Knowledge: Familiarity with the Atlassian product suite is preferred.

In the market for…

Excitement - Explore emerging technology and innovation, as well as ventures and digital finance that shape the future of global markets! Experience the movement of the market while grounded in the stability of close to 200 years of success.

Connection - With site hubs in some of the world's most multicultural cities, we leverage our size and structure to create rich connections and belonging while experiencing powerful global impact through our work.

Impact - More than a platform, we use our talents to power mission-critical systems that drive global economic advancement, innovation, and growth. As well, our employee-led Team Impact spreads social good via our giving strategy.

Wellness - From empathetic leadership to a culture of flexibility and balance, we believe wellness at work creates the maximum yield and a stronger "we". Plus, with a cloud-first and hybrid workstyle, as well as generous time-off and leaves, we support a life well lived!

Growth - From a growth mindset in our work, to expansion in our business, TMX is home to action-takers energized by the achievement of ambitious growth.

Ready to enrich your career with impactful work, leaders who truly care, and the flexibility and programs to help you thrive as part of #TeamTMX ? Apply now.

TMX is committed to creating and sustaining a collegial work environment in which all individuals are treated with dignity and respect and one which reflects the diversity of the community in which we operate. We provide accommodations for applicants and employees who require it.