Risk Analyst IILocation: Toronto, ON
Onsite Flexibility: Hybrid – 4 days a week in office
Contract Details- Position Type: Contract
- Contract Duration: Through March 31st, 2027 (extension possible)
- Pay Rate: C$35.00–C$43.00 / Hour (CAD)
- Shift / Schedule: Monday–Friday, core business hours; overtime as needed
- Travel Requirements: Not required
Job SummaryAn Analyst within Collateral Risk Management will primarily be focused on the effective and efficient mitigation of counterparty credit risk. The Analyst is responsible for supporting the end-to-end collateral lifecycle, including margin analysis, dispute investigation, risk monitoring, and regulatory reporting. The role requires strong analytical capabilities, attention to detail, and the ability to manage competing priorities in a time-sensitive environment.
The role will involve close partnership and interaction with a wide range of areas, including credit, middle office, legal, front office, settlements, and corporate treasury. As a result, the successful candidate will be required to possess strong communication skills.
Key Responsibilities- Monitor and analyze collateral exposures across OTC derivatives and secured financing portfolios
- Investigate valuation discrepancies and margin disputes for variation margin and initial margin
- Track and manage disputes to timely resolution, ensuring appropriate documentation and audit trail
- Prepare daily, monthly, and ad hoc reports (e.g., exposure dashboards, policy monitoring, dispute reports)
- Act as key point of contact for internal stakeholders (Front Office, Credit Risk, Legal, Operations)
- Collaborate cross-functionally to resolve issues and improve processes
- Drive process enhancements to improve automation, accuracy, and control effectiveness
- Solid understanding of derivatives, repo/securities financing, and collateral management concepts
- Familiarity with valuation drivers, margin methodologies (e.g., SIMM), and risk frameworks
- Strong analytical skills with ability to interpret data and identify issues
Must-Have Requirements- 1-3 years of experience in capital markets, collateral management, or risk
- Strong understanding of financial markets, derivatives, or securities financing products
- Familiarity with margining concepts, valuation drivers, and counterparty credit risk
- Strong written and verbal communication skills, with ability to engage effectively with cross-functional stakeholders
- Ability to investigate issues, perform root cause analysis, and provide clear, concise conclusions
- Proficiency in Excel
- Experience working with large datasets and performing data analysis
Required Skills- Strong analytical skills with high attention to detail and quality control mindset
- Ability to manage multiple priorities in a fast-paced, deadline-driven environment
- Proactive, self-starter with strong problem-solving and ownership mindset
Preferred Skills- Experience with Python or other coding languages is considered an asset
- Familiarity with SIMM framework, Initial Margin, or regulatory margin requirements is considered an asset
- CFA, FRM, or progress toward a professional risk/finance designation is an asset
Education Requirements- Degree in Finance, Economics, Mathematics, or a related quantitative discipline required
Required Experience- 2–4 years of overall experience
- Ideally, similar work experience within a large financial institution
About the ClientThis client is a leading financial services and banking institution operating across Canada and internationally, with teams spanning technology, risk, capital markets, and operations. The organization employs thousands of professionals - including risk analysts, solutions developers, capital markets specialists, and technology professionals - who collaborate across fast-paced, agile environments. The firm is recognized for its scale, stability, and commitment to long-term employee growth and development.
About GTTGTT is an NMSDC-certified Minority Business Enterprise (MBE) headquartered in Portsmouth, New Hampshire. GTT is a subsidiary of Chenega Corporation, an Alaska-based company and one of the largest Alaska Native-owned corporations. An Inc. 5000 honoree and one of SIA's Best Staffing Firms to Work For, GTT connects professionals with Fortune 500 organizations across IT, engineering, construction, utilities, life sciences, financial services, and healthcare throughout the U.S. and Canada. We're committed to diverse, inclusive workplaces and to placing people in roles where they can do their best work.
Job Number: 26-19126 Industry: Finance & Accounting
