Risk Manager, Market & Counterparty Risk

Job summary

The Risk Manager will oversee daily risk reporting and develop quality control measures using tools like Excel VBA and PowerBI. They will also collaborate with trading desks and senior leadership to enforce risk policies and establish appropriate credit limits for institutional clients.

Job details

Salary Range: $110,000 - $120,000 Summary: Canaccord Genuity (CG) is a leading independent full-service financial services firm, with operations in two principal segments of the securities industry: wealth management and capital markets. CG is driven by an unwavering commitment to building lasting client relationships – we achieve this by generating value for our individual, institutional, and corporate clients through comprehensive investment solutions, brokerage, and investment banking services. We are the leading independent wealth management firm in Canada, and the leading mid-market provider of investment banking advisory, equity research, sales and trading services for corporations and institutions. We pride ourselves on understanding our clients’ needs and finding innovative, tailored solutions. Our entrepreneurial and friendly team will challenge you to learn and grow every day. We value great work and collaboration and strive to eliminate bureaucratic thinking. We’re looking for talented people who thrive in a fast-paced environment and want to have an impact with innovative ideas and best practices. We are looking for a Risk Manager to join our Market & Counterparty Risk team, based in Toronto. This role will support the team with activities related to the identification, management, assessment, monitoring and reporting of risk to the firm. Responsibilities: Oversee the production of daily risk reporting for the front office and senior management. Develop and implement quality control and efficiency measures in reporting and various processes using Excel VBA Macros, PowerBI, relational databases, and by working closely with IT for more systemic solutions. Develop, promote, and enforce risk policies and processes to govern the firm’s trading businesses. Collaborate closely with the trading desk and with senior leadership to devise risk management guidelines and controls for new business lines and potential new products to ensure alignment with the firm’s risk management framework and risk appetite. Ensure the trading desks’ risk-taking is within the established risk limits. Participate in counterparty risk assessments in order to establish appropriate credit limits for institutional clients. Assist in the development of the quarterly Market Risk Management reporting package. Assist with ad-hoc requests and risk management projects and initiatives as required. Skills & Qualifications: 5 - 7 years of experience in a risk management organization at a financial institution. Undergraduate degree in a related field, such as Business Administration, Risk Management, Economics, Math, Engineering or Finance. Pursuit of the CFA and/or FRM designation would be an asset. Experience with Trading applications such as Fidessa or Iress. Experience working in a market risk function or on a trading desk at a CIRO-regulated dealer Action-oriented with a strong work ethic and drive to achieve excellence Ability to lead and drive multiple competing priorities and thrive in a fast paced and complex environment which requires navigating ambiguity Strong relationship development, and influencing skills while ensuring a collaborative approach Clear and compelling communication style Knowledge of relevant industry regulations and standards related to risk management. #LI-MM1 #LI-Onsite All applications will be held in strict confidence. In order to be considered for employment, candidates selected for interviews will be required to show proof of citizenship, permanent residence or eligibility to work in Canada with no restrictions. Protecting your online safety: Canaccord Genuity and its affiliates do not use text messages for recruitment purposes. If you have received a text message claiming to be from CG or an authorized representative regarding job recruitment, please treat as fraudulent and do not respond. We wish to thank all candidates for their interest but only those applicants selected for an interview will be contacted. No phone calls please. Thank you for your understanding.

What you’ll do

The Risk Manager will oversee daily risk reporting and develop quality control measures using tools like Excel VBA and PowerBI. They will also collaborate with trading desks and senior leadership to enforce risk policies and establish appropriate credit limits for institutional clients.

Requirements

Candidates must have 5-7 years of experience in a risk management role within a financial institution and hold an undergraduate degree in a related field. Proficiency with trading applications such as Fidessa or Iress and knowledge of CIRO-regulated dealer environments are required.

Listed skills

• Financial analysis · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Risk management
• Market risk
• Counterparty risk
• Excel VBA
• Macros
• PowerBI
• Relational databases
• Risk reporting
• Financial analysis
• Trading desk support
• Credit limits
• Risk policies
• Fidessa
• Iress
• Regulatory compliance
• ION Markets Trading Platform
• Counterparty Risk
• Influencing Skills
• Action Oriented
• Management Reporting
• Risk Policies
• Strong Work Ethic
• Brokerage
• Business Administration
• Management
• Investments
• Capital Markets
• Chartered Financial Analyst
• Communication
• Relational Databases
• Economics
• Finance
• Securities Research
• Sales
• Financial Services
• Front Office
• Leadership
• Innovation
• Investment Banking
• Risk Management
• Market Risk
• Mathematics
• Operations
• Wealth Management
• Power BI
• Risk Appetite
• Risk Management Framework
• Trading Room
• Visual Basic For Applications
• Securities (Finance)

Job areas

• Finance & Accounting
• Management & Leadership
• Data & Analytics
• Market Risk Manager
• Risk Manager
• Management and Organization Analysts
• Financial Risk Specialists