Senior Analyst, Quantitative Risk Management

Venture outside the ordinary - TMX Careers

The TMX group of companies includes leading global exchanges such as the Toronto Stock Exchange, Montreal Exchange, and numerous innovative organizations enhancing capital markets.  United as a global team, we’re connecting cross-functionally, traversing industries and geographies, moving opportunity into action, advancing global economic growth, and propelling progress. Through a rich exchange of ideas, meaningful collaboration, and a nimble operating model, we're powering some of the nation's most critical systems, fueling capital formation and innovation, bringing increased opportunity to business visionaries, product ingenuity to consumers, and career exploration to our team.

Ready to be part of the action?

The Post Trade risk management team’s mandate is mainly to ensure all required procedures, models, systems, reporting and governance are in place so that CDS and CDCC financial risks are managed according to TMX risk appetite and policy. To carry out its mandate, the Risk Team employs sophisticated financial risk models, validation frameworks, risk measurement and reporting systems. The Risk Team collaborates with many internal and external stakeholders including CDS Participants and CDCC Clearing Members, our regulators and our TMX Group partners.

Reporting to the Senior Manager – Quantitative Risk Management, the Senior Analyst applies specialized knowledge and experience to the development of new or enhanced clearinghouse risk project activities for internal and external clients. More specifically, the incumbent acts as a major contributor in its area of expertise (subject matter expert) related to risk architecture, with a focus on financial risk management in a quantitative role (e.g. market, liquidity, or credit risk measurement and management).

This role is hybrid (2 - 3 days/week in the office) - based in Toronto, ON.

Key Accountabilities:

• Participate in the design and modelization of the risk architecture in a quantitative role, and collaborate on the integration and implementation related to such activities.

• Participate in the entire life cycle of a portfolio of risk models, from the development of monitoring capabilities following industry best standards, to the ability to receive and address effective challenges in a constructive manner.

• Participate in the development of rigorous model documentation, as well as support its delivery to internal risk committees. 

• Support the internal and external lines of defenses in their independent risk oversight (i.e. Risk Oversight, Enterprise Risk Management, Model Vetting, Regulatory bodies, etc.).

• Partner with IT development teams (internal, external) to create/improve the risk system infrastructures and tools.

• Partner with legal teams for filings related to new rules, rule amendments and regulatory guidance.

• Deliver great customer experience by answering in a timely and thorough manner to any request from internal and external clients.

Skills and Experience:

• Master’s degree in a quantitative finance discipline such as, Finance, Mathematics, Statistics, Economics or equivalent.

• Minimum 3 years of experience in the financial industry with focus on financial risk management in a quantitative role.

• Strong experience with financial data sources, information systems and programming.

• Experience with financial products, in particular derivative and/or structured products.

• Ability to execute multiple project tasks and/or production processes in a fast-paced environment.

• Good knowledge of Post Trade Risk exposures as well as the processes and programs to measure and manage financial and/or operational risks.

• Good communication skills, both written and verbal, include the ability to explain, summarize and synthesize abstract financial concepts.

• Self-confidence, positive attitude, pragmatism.

In the market for…

Excitement - Explore emerging technology and innovation, as well as ventures and digital finance that shape the future of global markets! Experience the movement of the market while grounded in the stability of close to 200 years of success.

Connection - With site hubs in some of the world’s most multicultural cities, we leverage our size and structure to create rich connections and belonging while experiencing powerful global impact through our work.

Impact - More than a platform, we use our talents to power mission-critical systems that drive global economic advancement, innovation, and growth. As well, our employee-led Team Impact spreads social good via our giving strategy.

Wellness - From empathetic leadership to a culture of flexibility and balance, we believe wellness at work creates the maximum yield and a stronger “we”. Plus, with a cloud-first and hybrid workstyle, as well as generous time-off and leaves, we support a life well lived! 

Growth - From a growth mindset in our work, to expansion in our business, TMX is home to action-takers energized by the achievement of ambitious growth.

Ready to enrich your career with impactful work, leaders who truly care, and the flexibility and programs to help you thrive as part of #TeamTMX ? Apply now.

Please note that our company is not currently sponsoring work permit applications and the applicant must be authorized to work in the country where this position is located. 

TMX is committed to creating and sustaining a collegial work environment in which all individuals are treated with dignity and respect and one which reflects the diversity of the community in which we operate. We provide accommodations for applicants and employees who require it.