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AVP Enterprise Market Risk

ATB Financial5 days ago
Hybrid
Toronto, ON
Mid Level

Top Benefits

High-care, high-performance culture
Flexible and inclusive programs
Interesting and challenging work

About the role

Job ID

1849

Work Type

Hybrid

Business unit

Risk Management

Pay grade

P - OTH

Apply before

12 August 2025

Number of openings

1

Posting type

Internal & External

At ATB, we exist to make it possible for our clients, team members and communities. Our purpose is more than aspirational. It's a real commitment we live every day through our values (what we call the ATB ID).

Life at ATB is about more than work. In fact, we’re consistently recognized as one of Canada's top employers thanks to our high-care, high-performance culture, upheld by the three commitments we make to our team members:

Impact in action: No matter where you are in the organization, you're empowered to make an impact in the lives of our clients and communities.

Thrive together: We want you—the unique, authentic you—to feel safe and celebrated at work. We're on a continuous journey to build the most flexible and inclusive programs.

Ready for tomorrow: We want to enable your success through interesting and challenging work, performance enablement, and learning and development.

About the role

ATB Financial is seeking an AVP Enterprise Market Risk to lead our Enterprise Market Risk Management team. This pivotal role oversees market risk for both traditional and complex financial products, including fixed income, equity, and derivatives. You'll be instrumental in developing and implementing robust risk measurement and monitoring processes for banking and trading books, ensuring alignment with established limits and policies.

This role also leads a Strategic Delivery team driving technology initiatives to build out our Financial Risk Management infrastructure and data architecture. You will provide critical oversight for FRM model processes, performance, and integrity, including VaR model oversight and back-testing.

We're looking for a strategic thinker who can integrate diverse concepts into actionable risk strategies, challenge current practices, and influence stakeholders across the organization. You'll be a key advisor, shaping ATB's risk culture and optimizing our risk-reward paradigm.

Accountabilities

Responsibilities include:

  • Overseeing Banking Book Financial Risk Oversight, Enterprise Market Risk Oversight & Reporting for the Top of the House /Aggregated Trading Book, and Aggregate ATB Financial FRM Reporting.
  • Leading the Strategic Delivery team for FRM technology and data initiatives.
  • Developing, monitoring, and reporting exceptions to ATB policies to mitigate market risk.
  • Acting as a "model business owner" for key FRM models (e.g., VaR, SVaR) and a "model business user" for FO
    pricing/risk models.
  • Ensuring aggregate market risk exposures remain within the calibrated limit framework.
  • Building out oversight frameworks for Banking Book financial risk management (IRRB, CSRBB, EaR, VaR, PV01, NII, EVE, elasticity & beta) to include stress testing.
  • Developing and managing a centralized FRM-wide report production function.
  • Conducting financial risk portfolio analysis for senior management.

Skills, experience & requirements

What you bring:

  • Master's degree in finance, mathematics, or statistics (PhD preferred).
  • 10-15 years of experience in market risk and leadership.
  • Expert-level knowledge of modeling mortgage options, non-linear risk, duration, and key rate durations within Asset/Liability risk measurement.
  • CFA accreditation is a plus.
  • Direct experience managing Treasury and Derivative functions with an emphasis on Market Risk Management.
  • Strong familiarity with sophisticated deal capture and reporting systems.
  • Excellent understanding of market risk analytics, policies, and disciplines.
  • Exceptional emotional intelligence and communication skills to influence and educate at all organizational levels.
  • This is an Executive 4 level position that requires autonomy, strategic thinking, and the ability to integrate and manage diverse functions. You'll play a critical role in ATB Financial's growth journey and its ongoing commitment to robust risk management.

Don’t meet all the requirements on the list?
A resume only goes so far in expressing who you are and the unique perspectives you bring. If you believe your skills and experience align with the role—but you might not check all the boxes—we want to hear from you. We encourage candidates from all work backgrounds, equity-seeking communities and experience levels to apply. If you’re seeking a career where your drive, perspective and growth are celebrated, we want to hear from you.

We’re dedicated to building a workforce reflective of those within our communities, and a culture where our team members are equipped with what they need to succeed—their way. Part of creating an inclusive workplace is recognizing our role in advancing Truth and Reconciliation. We are committed to meeting and exceeding the standards set out in the Partnership Accreditation in Indigenous Relations program created by the Canadian Council for Aboriginal Business.

What happens next?
If you are shortlisted, you’ll hear from us after the posting closes. Check out our How We Hire page to learn more about our hiring process. If you need any accommodations throughout this process, please let us know at talentteam@atb.com

Stay in touch
We’re excited that you’re interested in a career with ATB. Follow us on LinkedIn, Facebook and Instagram to learn more about what our team is up to.

About ATB Financial

Banking
5001-10,000

For more than 85 years, ATB has been reimagining the way we do business. We’ve grown from one small treasury branch into Alberta’s largest provincially based financial institution, and we don’t have any plans to slow down now. We power possibility for our clients, our team members and our province—and we’re leading the way to a sustainable, innovative and prosperous future.

About ATB Financial

With $62.0 billion in assets, ATB Financial is a leading financial institution that started in Alberta with the focus of putting people first. Our success comes from our more than 5,000 team members who love to deliver exceptional experiences to over 820,000 clients across our Personal and Business Banking, ATB Wealth Management and ATB Capital Markets businesses. ATB provides expert advice, services and products through our many branches and agencies, our 24-hour Client Care Centre, four entrepreneur centres and our digital banking options. ATB powers possibilities for our clients, communities and beyond.