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Risk & Credit Analyst

Hybrid
Toronto, ON
Mid Level
full_time

Top Benefits

Health and wellbeing resources and programs
Paid vacation, personal, and sick days
Competitive compensation and benefits

About the role

Questrade Financial Group (QFG), through its companies - Questrade, Inc., Questrade Wealth Management Inc., Community Trust Company, Zolo, and Flexiti Financial Inc., provides securities and foreign currency investment, professionally managed investment portfolios, mortgages, real estate services, financial services and more. Questrade uses cutting-edge technologies to develop innovative products that give customers better, more affordable ways to take control of their money.

We are everything a traditional financial institution is not. At QFG, you will be constantly moving forward, bringing the future of fintech into existence. You will be a part of a collaborative team that cares deeply about our mission and each other. Your team members will help you conquer challenges, push boundaries and discover what you are truly capable of.

At QFG, we have a culture of innovation where technology serves people—both our team and our customers. We see AI as a collaborative and transformative enabler, and we are seeking forward-thinking individuals who can effectively integrate it into their daily work. The ideal candidate will be a catalyst for change, helping us use AI to create a more efficient and rewarding employee experience while also developing cutting-edge solutions that delight and serve our customers. Join us in shaping a future where AI empowers our team to do their best work and helps us deliver unparalleled customer experiences.

This is a place where you can explore, discover and learn with continuous growth. As a diverse and inclusive place to work, with a hybrid working environment you can unleash your creativity and curiosity with no limits. If you share the same sense of infinite possibility, come shape your future at QFG.

What’s in it for you as an employee of QFG?

  • Health & wellbeing resources and programs
  • Paid vacation, personal, and sick days for work-life balance
  • Competitive compensation and benefits packages
  • Work-life balance in a hybrid environment with at least 3 days in office
  • Career growth and development opportunities
  • Opportunities to contribute to community causes
  • Work with diverse team members in an inclusive and collaborative environment

We’re looking for our next Risk & Credit Analyst. Could It Be You?

The purpose of the Risk & Credit Analyst is to ensure Questrade’s Risk and Operations functions are completed to facilitate regular and extended trading hours (4am-8pm EST).

The Risk & Credit Analyst monitors and analyzes Questrade’s exposure to market conditions in real time by reviewing trading activity and assigning follow up with clients when necessary. They perform various tasks to ensure client positions are accurate and within defined risk parameters. They take preventive action in order to ensure clients do not take outsized speculative positions and ensure client account equity does not fall into a negative balance.

Need more details? Keep reading…

In this role, responsibilities include but are not limited to:

  • Concentration monitoring
  • Issue margin calls and give instruction to Trade Desk to cover accounts in margin calls
  • Proprietary trader position management and exposure monitoring
  • Validate option assignments and exercises
  • Notify clients of margin calls, low equity, RRSP negative balances
  • Update and assess canceled and busted trades
  • Assessing USD vs. CAD balances risk
  • Evaluating complex option strategies and provide instruction to Trade Desk to liquidate option positions that pose exercise/assignment risk
  • Report on deficient accounts and work with the legal team to recover balances
  • Ad-Hoc reporting or project work

So are YOU our next Risk & Credit Analyst? You are if you…

  • Have a post secondary degree/diploma in related or quantitative field
  • Have 1 + years of financial industry experience
  • Have 1 + years of experience in Risk
  • Have a strong interest in and knowledge of the financial industry
  • Have strong interpersonal skills and ability to articulate complex information in a clear and concise manner
  • Have excellent MS Excel skills and G-suite, Python, SQL, PowerBI experience is preferred
  • Are working towards CFA/FRM designation (preferred)

Additional kudos if you…

  • Have completed a CSI course (CSC, DFC, OLC)

Additional Information…

  • Please note: This role will be required to be in office 3 days a week and you may be required to work at 7:30 am or until 8:00 pm EST, depending on coverage needs.

Sounds like you? Click below to apply!

#LI-LB1

#LI-Hybrid

At Questrade Financial Group of Companies, with multiple office locations around the world, we are committed to fostering a diverse, inclusive and accessible work environment. This is an environment where individuals are treated with dignity and respect. Here, the unique skills and experience you bring will be valued. You will be supported and motivated, so that you can harness your unlimited potential. Our team reflects the diversity of the communities we serve and operate in. Having a collaborative and diverse team helps us push boundaries to bring the future of fintech into existence—not only for the benefit of our customers, but for those who build their career with us.

Questrade Financial Group of companies Applicant Tracking System utilizes artificial intelligence (AI) for application screening. The AI system operates on predetermined criteria, with final decisions subject to human review.

Candidates selected for an interview will be contacted directly. If you require accommodation during the recruitment/selection process, please let us know and we will work with you to meet your needs.

About Questrade Financial Group

Financial Services
1001-5000

Questrade is an award-winning low-cost digital alternative to traditional banks that is changing the Canadian financial services industry. We empower Canadians by giving them better, more affordable ways to take control of their financial future by using cutting-edge technology to develop innovative products. Questrade offers Canadians an easy way to invest in securities and foreign currency and provides online wealth management and mortgage through the Questrade Group of Companies, with more financial products in development.

At Questrade, we care deeply about helping Canadians become much more financially successful and secure. We believe in infinite possibilities, not only for our customers but for those who build careers with us. Our exceptional culture and forward-thinking workplace policies make Questrade a great place to work and build a career. We are a collaborative, diverse team that shares the same sense of infinite opportunity. Our beliefs, values, and atmosphere make you feel part of something bigger than yourself.

Throughout our multiple worldwide offices, we are reshaping the way we work, offering flexible options that allow our people to work remotely, from the office, or a hybrid mix of both.

Whether you want to kick-start your career or accelerate it, Questrade is the place for you. We offer rich learning experiences and exciting career path possibilities. Here you will be challenged. You will make your path, constantly moving forward, bringing the future of fintech into existence.

Come shape your future at Questrade.