Market Risk Analyst in Kitchener Waterloo, ON

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.

Looking for a market risk analyst or a market risk analyst job?

Request candidates now and a specialized recruiter will typically contact you within one business day to discuss your staffing needs and help you hire a market risk analyst.

Search market risk analyst openings and apply now or submit your resume to be considered for opportunities that match your experience.

Salary for Market Risk Analyst in Kitchener Waterloo, ON

77000 - 100000

Low

77000

The candidate is new to the role or has limited experience and is still developing core skills.

Mid

87750

The candidate has moderate experience in the role or one similar, meets most requirements and may hold transferable skills or relevant certifications.

High

100000

The candidate has extensive experience in the role, demonstrates advanced skills and often brings specialized certifications or industry experience.

Projected salaries for related positions

Job title

Low

Mid

High

Chief Risk Officer – Financial Services

205500

244500

272750

Regulatory Reporting Manager

106750

123500

136250

Operational Risk Analysis Manager

99750

116750

135500

Operational Risk Analyst

80000

92000

105750

Market Risk Analysis Manager

91000

106000

123750

Hedge Fund Accountant

68250

80500

90250

Fund Operations Specialist

53500

65500

81250

Anti-Money Laundering Specialist

65500

81750

93750

Fraud Investigator

57000

71500

81250

Mutual Fund Accountant

59000

65500

73500

Explore more salaries

Newest Market Risk Analyst jobs

Search all jobs

Senior Product Designer

Principal Product Designer

Looking to hire? Start here.

Access the skilled permanent and contract talent you need—from support roles to C-suite—with precision matching powered by Robert Half recruiters leveraging their experience combined together with our industry-leading AI technology.

Hire talent

More to explore

2027 Canada Salary Guide Explore the latest data for roles in 6 professional fields and know what you should pay or earn in local and national markets.

Demand for Skilled Talent Check out our Demand for Skilled Talent report to learn about employers’ hiring plans and needs.

Labour Market Overview Stay on top of Robert Half and Statistics Canada job posting data to learn about today’s hiring market.

Pay and Compensation Highlights Dive deeper into salary and total compensation trends across a range of professional roles and industries.

Behind Our Numbers Learn how our salary benchmarks reflect accurate marketplace data through a rigorous, multistep verification process.

The salary benchmarks in the Canada Salary Guide From Robert Half are the result of a rigorous, multistep process designed to reflect projected market trends for 2027. They are based on actual compensation for professionals Robert Half has placed nationwide, along with third-party job posting data from Textkernel that we use for independent validation. Learn more about our methodology.