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Market Risk Analyst in Montreal, QC

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 in Montreal, QC
75480 - 99960
Low
75480
The candidate is new to the role or has limited experience and is building necessary skills.
Mid
86955
The candidate has moderate experience in the role, meets most requirements or has equivalent transferrable skills, and may also have relevant certifications.
High
99960
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 207570 248370 277695 Regulatory Reporting Manager 106335 124950 138210 Operational Risk Analysis Manager 99195 118065 135150 Operational Risk Analyst 81600 93075 107610 Market Risk Analysis Manager 91545 105825 122145 Credit Risk Analysis Manager 96390 106845 120360 Credit Risk Analyst 74970 90015 102000 Hedge Fund Accountant 68595 81855 90525 Senior Fund Operations Specialist 70380 85425 97155 Fund Operations Specialist 53805 66045 82110 Anti-Money Laundering (AML) Specialist 66300 81855 93330 Fraud Investigator 57885 72675 82620 Mutual Fund Accountant 58395 64515 73440

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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.