Senior Counterparty and Issuer Risk Management Advisor

Desjardins • Montreal, QC

5d • Hybrid

About The Position

As part of the Market Risk and Risk Analytics Division, you analyze and diagnose counterparty risk issues. You provide specialized expertise, recommend solutions and help with their implementation while developing risk management tools and practices. You work with key partners to help solve complex problems thanks to your analytical skills and comprehensive understanding of the markets. You act as a field expert and content advisor for your unit, clients and partners.

Requirements

• Bachelor's degree in a related field
• A minimum of six years of relevant experience in risk management or managing capital
• Experience in counterparty risk or market risk at a financial institution
• Experience with model risk management
• Python programming experience
• Knowledge of French is required
• Action oriented
• Ambiguity
• Communicates effectively
• Customer Focus
• Differences
• Interpersonal Savvy
• Nimble learning
• Strategic mindset

Nice To Haves

• CFA, FRM or PRM certification in progress or already completed
• Other combinations of qualifications and relevant experience may be considered

Responsibilities

• Monitor and analyze counterparty and issuer risk for capital market activities (derivatives, securities lending, securitization, etc.).
• Ensure ongoing compliance with regulatory requirements and governance documents for managing counterparty and issuer risk.
• Support public-facing employees in business development by following the framework established by the risk management team.
• Help develop and maintain counterparty risk models (PFE, XVA, etc.).
• Help design, implement and review stress tests (past, hypothetical and regulatory scenarios).
• Collaborate on cross-sector projects related to other risk areas (market risk, interest rate risk, liquidity risk, etc.)
• Help develop and maintain tools related to counterparty and issuer risk management.
• Contribute to internal and external risk disclosure.
• Help review counterparty and issuer risk governance documents.
• Help update certain data on a daily basis.

Benefits

• Competitive salary and annual bonus
• 4 weeks of flexible vacation starting in the first year
• Defined benefit pension plan that provides predictable, stable income throughout retirement
• Group insurance including telemedicine
• Reimbursement of health and wellness expenses and telework equipment

What This Job Offers

• Job Type: Full-time
• Career Level: Senior