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Senior Business Analyst – Capital Market – Risk Analytics (Liquidity Risk)

On-site Full-time

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Experience Level

Senior

Qualifications

• 10 years of experience in risk modeling and analytics.• Hands-on experience in developing risk models and quantitative risk analytics.• In-depth understanding of financial products in retail and corporate banking, as well as capital markets.• Minimum of 1 year implementing liquidity risk solutions from leading vendors.• Familiarity with Algorithmics’ RiskWatch is preferred.• Theoretical knowledge of financial/valuation models for bonds and swaps.• Ability to model cash flows and create stress testing scenarios.• Knowledge of regulatory requirements (Basel, FSA, OSFI) for risk management.• Experience in at least one end-to-end implementation of Basel 2 or 3.• 3 years of IT experience in system implementation and programming.• Excellent communication skills for interaction with senior management.• Bachelor’s degree in a quantitative discipline is required.

About the job

We are seeking a highly skilled Senior Business Analyst with a focus on Capital Market Risk Analytics, specifically in Liquidity Risk. The ideal candidate will possess around 10 years of relevant experience and a unique blend of expertise in risk modeling, risk analytics, risk software implementation, and software programming.

The candidate must demonstrate substantial hands-on experience in developing risk models or quantitative risk analytics, combined with a solid understanding of financial products across retail banking, corporate banking, and capital markets. This knowledge should stem from working within risk, finance, or treasury functions in a large banking environment.

Essential qualifications include at least one year of experience implementing liquidity risk solutions from renowned vendors such as Algorithmics or Sunguard, with a strong preference for familiarity with Algorithmics’ RiskWatch.

Applicants should also have a theoretical grasp of basic financial and valuation models for bonds and swaps, along with the capability to model cash flows across various financial products. Additionally, candidates should be adept at creating shocks and scenarios for stress testing.

A comprehensive understanding of regulatory requirements, including Basel, FSA, and OSFI for credit, market, operational, or liquidity risk, is a must. The candidate should have experience with at least one end-to-end implementation, ideally involving Basel 2 or Basel 3.

Furthermore, a minimum of three years of IT experience in system implementation, programming, or software product development is required. The candidate will be responsible for writing data extraction specifications and creating database structures for efficient data storage and liquidity computations, while also engaging in testing data extracts, addressing data gaps, and validating reports and final figures.

Knowledge of complex financial instruments such as derivatives, repurchase agreements, securitization products, leasing, fixed income, and various financial securities will be highly advantageous.

Strong communication skills and financial/risk expertise are crucial for conducting meetings with senior members of Group Treasury, Finance, and Group Risk Management.

We encourage candidates with a Bachelor's degree in a quantitative discipline (finance, economics, engineering, or mathematics) and significant experience in measuring/managing at least one financial risk type, preferably liquidity risk, to apply.

About System Canada Technologies

At System Canada Technologies, we pride ourselves on a diverse range of skills across various technologies. Our commitment to continuously enhancing our skills base ensures that every team member contributes unique strengths to our offerings. We foster a culture of learning, both through hands-on experience and formal training programs. For more information, visit us at: SystemCanada.comSystem Canada is an equal opportunity employer.

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