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Market Risk Analyst in Toronto, 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.

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Salary for Market Risk Analyst in Toronto, ON
77182 - 102214
Low
77182
The candidate is new to the role or has limited experience and is building necessary skills.
Mid
88916
The candidate has moderate experience in the role, meets most requirements or has equivalent transferrable skills, and may also have relevant certifications.
High
102214
The candidate has extensive experience and advanced skills for the role, and may also have specialized certifications.
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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.