Junior Risk & Credit Analyst

Posted 2 Days Ago
Be an Early Applicant
Toronto, ON, CAN
Hybrid
55K-60K Annually
Junior
Fintech • Insurance • Real Estate • Financial Services
The Role
Monitors real-time trading activity, portfolio concentration, margin compliance, leverage, foreign exchange exposure, options risk, and proprietary positions. Issues margin calls, coordinates liquidations and cease trade restrictions, validates options processing, communicates risk alerts, supports extended trading hours, and performs ad hoc risk reporting and process optimization.
Summary Generated by Built In

Questrade Financial Group (QFG), through its companies - Questrade,  Questbank, Questrade Wealth Management, Community Trust Company, Zolo, and Flexiti, provides securities and foreign currency investment, professionally managed investment portfolios, mortgages, real estate services, financial services and more. We use cutting-edge technology to help Canadians become much more financially successful and secure.

At QFG, we combine human-centric collaboration with AI-driven innovation to redefine financial services. The ideal candidate will be a catalyst for change, using AI to transform and deliver unparalleled customer experiences and shaping a future where AI empowers our teams to do their best work.

Join our diverse, inclusive, and hybrid workplace to unleash your creativity and nurture your curiosity without limits. If you share this 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

This job posting is for an existing vacancy. 


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

Safeguard Questrade’s capital and operational integrity by executing critical risk and credit functions across regular and extended trading hours. 

The Junior Risk & Credit Analyst actively monitors real-time trading activity and market conditions to mitigate financial and operational exposure. In this role, the analyst ensures client positions align with established risk parameters, addresses account variances, and proactively intervenes to prevent excessive leverage or speculative overexposure. By enforcing margin compliance and maintaining accurate equity balances, the analyst protects both client accounts and the firm from capital losses and negative equity scenarios. 


Need more details? Keep reading…

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

  • Monitor Portfolio Concentration: Continuously analyze portfolio exposure to identify and mitigate single-asset or sector concentration risks.

  • Manage Margin Operations: Issue margin calls and instruct the Trade Desk to execute liquidations or coverage for deficient accounts.

  • Oversee Proprietary Positions: Track real-time market risk, leverage, and position limits across proprietary trading accounts.

  • Validate Options Processing: Review and confirm option assignments and exercises to ensure accurate settlement and risk alignment.

  • Deliver Risk Notifications: Communicate time-sensitive alerts to clients regarding margin deficiencies, registered account (RRSP) negative balances and liquidations

  • Assess Foreign Exchange Exposure: Monitor cross-currency risk stemming from dual-currency (USD/CAD) account balances and fluctuations.

  • Mitigate Complex Derivatives Risk: Evaluate multi-leg option strategies and direct the Trade Desk to close out positions posing critical assignment or exercise risk prior to expiry.

  • Administer Cease Trade Order (CTO) Restrictions: Coordinate with Compliance and Trade Desk to apply and revoke trading restrictions on halted securities and confirm cancellation of open orders ahead of the evening CTO cutoff.

  • Provide Extended-Hours Support: Act as the primary risk resource for internal teams (Trade Desk, Compliance, Client Success, Sales) during late and extended trading sessions.

  • Manage Extended-Hours Exposure: Monitor market fluctuations and risk limits during pre-market and after-hours trading sessions.

  • Drive Ad-Hoc Analytics & Projects: Conduct ad-hoc risk reporting, process evaluations, and departmental optimization projects as required.


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

  • Post secondary degree/diploma in related or quantitative field

  • CSI course completion is an asset (CSC, DFC, OLC)

  • 1+ years of financial industry experience

  • 1+ years experience in Risk

  • A strong interest in and knowledge of the financial industry

  • Strong interpersonal skill, ability to articulate complex information in a clear and concise manner

  • Excellent MS Excel skill and G-suite, Python, SQL, Power-bi experience is preferred

  • Working towards CFA/FRM designation is preferred


Additional Information…

  • Fix term contract - 12 months

  • Hours: 12:00 PM – 8:00 PM EST


Compensation Information:

  • Base salary range: $55,000  - $60,000 

  • The final compensation package will be commensurate with the successful candidate's experience, skills, and geographic location (Canada). It includes a comprehensive benefits plan and a competitive incentive (bonus) program for Full-Time Permanent roles.


Sounds like you? Click below to apply!

i.e #LI-Hybrid, #LI-Onsite

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.

 

Skills Required

  • Post-secondary degree or diploma in a related or quantitative field
  • At least 1 year of financial industry experience
  • At least 1 year of risk experience
  • Strong interest in and knowledge of the financial industry
  • Strong interpersonal skills and ability to clearly articulate complex information
  • Excellent Microsoft Excel skills
  • G Suite experience
  • Python experience
  • SQL experience
  • Power BI experience
  • CSI course completion, including CSC, DFC, or OLC
  • Working toward a CFA or FRM designation
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The Company
1,832 Employees
Year Founded: 1999

What We Do

Questrade Financial Group (QFG) is a Canadian, founder-owned financial-services group serving Canadians through companies including Questrade, Questrade Wealth Management, Community Trust Company, Zolo and Flexiti. Its offerings span securities and foreign-currency investing, professionally managed portfolios, mortgages, insurance, real-estate services and other financial services. Founded as an investment brokerage, QFG says it is mission-driven and committed to helping Canadians become more financially successful and secure.

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