Associate Director, Market Risk Oversight & Stress Testing
About the role
Job ID
2037
Work Type
Hybrid
Business unit
Risk Management
Pay grade
M - OTH
Apply before
09 October 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
As ATB's next Associate Director, Market Risk Oversight & Stress Testing, you will be a key member of the growing Financial Risk Management (FRM) team. This is an all-hands-on-deck environment where every voice contributes to improving and enabling better risk management. Reporting to the Director, Market Risk Stress Testing & Market Risk Oversight, you will provide critical support to the front office, ensuring that risk-taking activities are transparent, well-understood, and managed within the firm's established risk appetite.
This role is ideal for a professional with a strong quantitative background and hands-on experience in a capital markets environment. You will focus on providing expert oversight of our trade floor activities, developing insightful analytics, and ensuring the integrity of our risk reporting, while also contributing to the broader market risk stress testing program. The FRM team operates in a hybrid work environment, offering flexibility and collaboration with talented professionals across our locations.
A Day in the Life
Your core responsibility will be the real-time oversight of trade floor activities. A typical week might involve:
- A morning review of overnight risk reports and market movements to prepare for the trading day.
- Engaging directly with traders on the floor to understand new strategies and their potential risk impact.
- A deep-dive into a specific portfolio's risk profile, collaborating closely with the front office to provide valuable insights.
- A project meeting to enhance risk measurement methodologies or improve data visualization in our reporting dashboards.
- Stress testing framework development and analysis support
Accountabilities
Market Risk Oversight & Analytics:
- Execute and enhance daily risk reporting and analysis for trading book activities, ensuring accuracy and timeliness.
- Provide direct, hands-on oversight of the trading floor, acting as a 2nd line of defense key point of contact for the front office on market risk matters.
- Develop and deliver insightful analytics and ad-hoc analysis to senior leaders, providing an independent assessment of market risk exposures and trading activities.
- Review and calibrate risk limits in line with ATB’s overall market risk appetite
- Implement and monitor risk measurement methodologies, ensuring they remain appropriate for the complexity of the financial instruments being traded (e.g. risk factor mapping).
- Oversee the integrity of data feeding into risk models and reporting systems, working with technology partners to resolve any issues.
- Monitor positions against established limits, investigate any breaches, and ensure timely escalation and resolution.
Stress Testing & Framework Support:
- Collaborate with the Director on the execution of market risk stress tests, providing necessary data, analysis, and interpretation of results from a trading perspective.
- Support the integration of stress test outcomes into daily risk management processes and limit calibrations.
- Provide subject matter expertise on trading book behaviour and potential impacts under various stress scenarios.
Policy, Process & Collaboration:
- Contribute to the development and continuous improvement of risk policies, frameworks, and procedures. This will include creating new policies and procedures where they do not currently exist, with a focus on practical implementation and efficiency.
- Collaborate effectively with front-office, technology, risk, finance, and audit stakeholders to ensure a cohesive approach to risk management.
- Communicate complex risk concepts and report findings clearly to various audiences, including traders, senior management, and control functions.
- Support regulatory examinations and audit requests by providing accurate data and explanations for market risk oversight activities.
- Mentor and coach junior market risk analysts to foster best practices within a Capital Markets framework.
Skills, experience & requirements
Required Qualifications:
- A degree in Finance, Economics, Mathematics, Statistics, Financial Engineering, or a related quantitative field. An advanced degree (Master's) is preferred.
- Professional certifications such as FRM, CFA, or PRMIA are a strong asset.
- 5-8+ years of progressive experience in financial risk management, with direct experience in a market risk oversight or trading floor support role.
- In-depth knowledge of a wide range of financial instruments (e.g., derivatives, fixed income, equities) and their associated market risks.
- Strong quantitative analysis, data manipulation, and modeling skills. Proficiency in tools like SQL, Python, or R is highly desirable.
- Proven ability to work collaboratively with front-office and trading personnel.
- Excellent written and verbal communication skills, with the ability to distill complex information for different audiences.
Key Skills:
- Market Risk Management & Measurement (VaR, greeks, etc.)
- Data Analysis & Reporting
- Financial Instruments & Capital Markets
- Stakeholder Management
- Problem-Solving & Critical Thinking
- Collaboration & Communication
- Familiarity with Market Risk Stress Testing concepts
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
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.
Associate Director, Market Risk Oversight & Stress Testing
About the role
Job ID
2037
Work Type
Hybrid
Business unit
Risk Management
Pay grade
M - OTH
Apply before
09 October 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
As ATB's next Associate Director, Market Risk Oversight & Stress Testing, you will be a key member of the growing Financial Risk Management (FRM) team. This is an all-hands-on-deck environment where every voice contributes to improving and enabling better risk management. Reporting to the Director, Market Risk Stress Testing & Market Risk Oversight, you will provide critical support to the front office, ensuring that risk-taking activities are transparent, well-understood, and managed within the firm's established risk appetite.
This role is ideal for a professional with a strong quantitative background and hands-on experience in a capital markets environment. You will focus on providing expert oversight of our trade floor activities, developing insightful analytics, and ensuring the integrity of our risk reporting, while also contributing to the broader market risk stress testing program. The FRM team operates in a hybrid work environment, offering flexibility and collaboration with talented professionals across our locations.
A Day in the Life
Your core responsibility will be the real-time oversight of trade floor activities. A typical week might involve:
- A morning review of overnight risk reports and market movements to prepare for the trading day.
- Engaging directly with traders on the floor to understand new strategies and their potential risk impact.
- A deep-dive into a specific portfolio's risk profile, collaborating closely with the front office to provide valuable insights.
- A project meeting to enhance risk measurement methodologies or improve data visualization in our reporting dashboards.
- Stress testing framework development and analysis support
Accountabilities
Market Risk Oversight & Analytics:
- Execute and enhance daily risk reporting and analysis for trading book activities, ensuring accuracy and timeliness.
- Provide direct, hands-on oversight of the trading floor, acting as a 2nd line of defense key point of contact for the front office on market risk matters.
- Develop and deliver insightful analytics and ad-hoc analysis to senior leaders, providing an independent assessment of market risk exposures and trading activities.
- Review and calibrate risk limits in line with ATB’s overall market risk appetite
- Implement and monitor risk measurement methodologies, ensuring they remain appropriate for the complexity of the financial instruments being traded (e.g. risk factor mapping).
- Oversee the integrity of data feeding into risk models and reporting systems, working with technology partners to resolve any issues.
- Monitor positions against established limits, investigate any breaches, and ensure timely escalation and resolution.
Stress Testing & Framework Support:
- Collaborate with the Director on the execution of market risk stress tests, providing necessary data, analysis, and interpretation of results from a trading perspective.
- Support the integration of stress test outcomes into daily risk management processes and limit calibrations.
- Provide subject matter expertise on trading book behaviour and potential impacts under various stress scenarios.
Policy, Process & Collaboration:
- Contribute to the development and continuous improvement of risk policies, frameworks, and procedures. This will include creating new policies and procedures where they do not currently exist, with a focus on practical implementation and efficiency.
- Collaborate effectively with front-office, technology, risk, finance, and audit stakeholders to ensure a cohesive approach to risk management.
- Communicate complex risk concepts and report findings clearly to various audiences, including traders, senior management, and control functions.
- Support regulatory examinations and audit requests by providing accurate data and explanations for market risk oversight activities.
- Mentor and coach junior market risk analysts to foster best practices within a Capital Markets framework.
Skills, experience & requirements
Required Qualifications:
- A degree in Finance, Economics, Mathematics, Statistics, Financial Engineering, or a related quantitative field. An advanced degree (Master's) is preferred.
- Professional certifications such as FRM, CFA, or PRMIA are a strong asset.
- 5-8+ years of progressive experience in financial risk management, with direct experience in a market risk oversight or trading floor support role.
- In-depth knowledge of a wide range of financial instruments (e.g., derivatives, fixed income, equities) and their associated market risks.
- Strong quantitative analysis, data manipulation, and modeling skills. Proficiency in tools like SQL, Python, or R is highly desirable.
- Proven ability to work collaboratively with front-office and trading personnel.
- Excellent written and verbal communication skills, with the ability to distill complex information for different audiences.
Key Skills:
- Market Risk Management & Measurement (VaR, greeks, etc.)
- Data Analysis & Reporting
- Financial Instruments & Capital Markets
- Stakeholder Management
- Problem-Solving & Critical Thinking
- Collaboration & Communication
- Familiarity with Market Risk Stress Testing concepts
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
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.