
Risk Operations Analyst
Central 1
full-time
Posted on:
Location Type: Hybrid
Location: Toronto • Canada
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Salary
💰 CA$60,000 - CA$65,000 per year
About the role
- Proactively identify and escalate risk concerns to management while partnering with Treasury team members to investigate and resolve issues.
- Develop and maintain standard operating procedures for all existing and new Middle Office processes.
- Keep documentation current through regular updates.
- Maintain the team’s Confluence page and ensure materials are clearly structured and accessible.
- Ensure proper setup and maintenance of static and market data (curves, securities, generators, limits, pricing, yields).
- Confirm that all data requests comply with Central 1 policies and procedures.
- Escalate any requests outside policy to Risk Management for approval.
- Ensure trades and transactions are accurately recorded in the system of record.
- Verify compliance with internal policies and procedures.
- Analyze reports to monitor trade compliance and prevent fraudulent or harmful activity.
- Perform daily transaction verifications, end-of-day rating reviews, and off-market testing.
- Perform key compliance and control procedures to ensure the integrity and accuracy of Treasury activities.
- Support prevention of fraudulent or harmful trading.
- Apply limits in accordance with internal policies.
- Conduct new product and counterparty reviews.
- Complete daily verification processes.
- Administer the credit union custody program. Ensure transactions are entered accurately and on time into the system of record.
- Manage collateral in accordance with collateral agreements. Ensure deadlines and minimum requirements are met. Monitor margin calls and resolve disputes promptly.
- Perform additional duties as assigned by the Manager, Middle Office. Provide backup support for team members when required.
Requirements
- Undergraduate degree in finance, economics, mathematics, or a related quantitative field, or an equivalent combination of education and relevant experience.
- 1–3 years of experience in risk management, finance, or treasury, preferably within a treasury middle office or compliance/control function.
- Knowledge of treasury markets and products such as fixed income, derivatives, futures, options, foreign exchange, and securitization is an asset.
- Understanding of liquidity, market, and traded credit risk concepts and measurement techniques.
- Strong attention to detail and quantitative accuracy.
- Excellent analytical and problem-solving skills.
- Clear and effective verbal and written communication skills.
- High integrity and commitment to strong control practices.
- Ability to collaborate across teams (Risk, Front Office, Operations) and resolve conflicts constructively.
- Confidence to question senior staff and escalate issues when necessary.
- Adaptability and responsiveness in a fast-changing environment.
Benefits
- Work-life flexibility
- Hybrid work environment
- Variable annual incentive plan
- Generous annual vacation allotment
- Top-notch flexible benefits plan including family building and gender affirmation
- Retirement Plan, matched contributions at 6%
- Access to a learning platform and educational assistance support
- Access to a virtual wellness platform
- Career development opportunities
- Wellness Flex Fund to support personal interest and activities
- Day off to volunteer in your community and other paid time off options
- Corporate discounts *subject to employment agreement
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
risk managementfinancetreasurycompliancefixed incomederivativesfuturesoptionsforeign exchangesecuritization
Soft Skills
attention to detailanalytical skillsproblem-solvingverbal communicationwritten communicationintegritycollaborationconflict resolutionadaptabilityresponsiveness