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Market Risk Analyst

Market Risk Analyst Job Description

A Market Risk Analyst measures, monitors, and analyzes market risks from trading activities, investments, and financial exposures. This role applies quantitative methods to assess risk metrics, performs stress testing, and prepares risk reports. This role collaborates with traders, portfolio managers, and risk managers to ensure adherence to risk limits. This position demands strong analytical skills, a solid understanding of financial instruments/markets, and proficiency with risk management software. A Bachelor's in Finance, Economics, Math, or a quantitative field is essential, with CFA or FRM preferred. Foundational understanding of Canadian financial markets and regulatory principles is key.

Typical market risk analyst duties:

Measure and monitor daily market risk exposures (e.g., VaR, sensitivity analysis).Perform regular stress testing and scenario analysis.Prepare market risk reports and dashboards.Analyze market trends and economic data impact on portfolio risk.Collaborate with front office to understand risk drivers.Ensure compliance with internal risk limits and assist with Canadian regulatory reporting.Validate risk models and contribute to tool enhancement.Investigate and explain significant risk movements.

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Salary for Market Risk Analyst
74000 - 98000
Low
74000
The candidate is new to the role or has limited experience and is building necessary skills.
Mid
85250
The candidate has moderate experience in the role, meets most requirements or has equivalent transferrable skills, and may also have relevant certifications.
High
98000
The candidate has extensive experience and advanced skills for the role, and may also have specialized certifications.
Projected salaries for related positions Job title Low Mid High Chief Risk Officer – Financial Services 203500 243500 272250 Regulatory Reporting Manager 104250 122500 135500 Operational Risk Analysis Manager 97250 115750 132500 Operational Risk Analyst 80000 91250 105500 Market Risk Analysis Manager 89750 103750 119750 Credit Risk Analysis Manager 94500 104750 118000 Credit Risk Analyst 73500 88250 100000 Hedge Fund Accountant 67250 80250 88750 Senior Fund Operations Specialist 69000 83750 95250 Fund Operations Specialist 52750 64750 80500 Anti-Money Laundering (AML) Specialist 65000 80250 91500 Fraud Investigator 56750 71250 81000 Mutual Fund Accountant 57250 63250 72000

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Our starting salary projections come from a rigorous, multistep process so that our numbers accurately reflect the marketplace. They are based on actual compensation for professionals Robert Half has matched with employers across the country and third-party job posting data from Textkernel that we use to independently validate the salary levels. Starting compensation—pay for someone new to a role—can vary significantly based on a candidate’s skills, experience and certifications, as well as other factors including industry, company size and revenue, and demand for the role. To reflect this variability, we report our salary data in three levels: low, mid and high.