Specialist, Counterparty Credit Risk.

Accountabilities

• Own, develop, and continuously improve counterparty credit risk assessment procedures, ensuring consistency, scalability, transparency, and auditability.

• Conduct comprehensive credit assessments for new and existing counterparties, analyzing financial statements, regulatory filings, creditworthiness, and other relevant risk factors.

• Prepare detailed written credit recommendations and propose appropriate credit limits based on financial analysis and the organization's risk appetite.

• Monitor counterparty exposures, concentration limits, and stress-testing results through internal platforms, ensuring all exposures remain within approved thresholds.

• Identify emerging credit risks, investigate potential vulnerabilities, and proactively recommend appropriate mitigation measures.

• Contribute to the development, documentation, maintenance, and enforcement of counterparty credit risk policies, credit limit frameworks, and operational procedures.

• Work closely with Treasury, Finance, Market Risk, Legal, Product, and Securities Lending teams to support effective risk oversight and decision-making.

• Collaborate with front-office and risk development teams to strengthen credit risk processes and support evolving business requirements.

• Exercise sound judgment when working with incomplete information, clearly documenting assumptions, potential risks, and recommendations.

• Build and maintain effective relationships with internal stakeholders and external counterparties while promoting strong risk management practices.

Requirements:

• Between 1 and 3+ years of experience in counterparty credit risk, credit analysis, or a related credit risk management role, preferably within an investment dealer, brokerage, or financial services environment.

• Working knowledge of broker-dealer regulatory capital requirements, including risk-adjusted capital and net excess capital calculations.

• Ability to interpret and analyze regulatory financial filings, particularly Form 1 and FOCUS reports.

• Strong financial analysis and credit assessment skills, with the ability to evaluate financial statements, identify credit vulnerabilities, and formulate well-supported recommendations.

• Understanding of counterparty exposure, concentration risk, credit limits, stress testing, and risk monitoring frameworks.

• Progress toward a professional designation such as CFA, CPA, or FRM is considered an advantage.

• Strong analytical thinking, problem-solving abilities, and attention to detail, with a proactive approach to identifying root causes and emerging risks.

• Excellent written and verbal communication skills, particularly the ability to translate complex financial and credit risk concepts into clear, actionable recommendations for different audiences.

• Strong organizational and time management skills, with the ability to prioritize multiple responsibilities in a fast-paced environment.

• Self-motivated and comfortable taking ownership of projects, working independently, and developing solutions in an evolving business environment.

• Collaborative mindset and ability to build effective relationships across diverse teams and with external stakeholders.

• Curiosity, adaptability, and a strong commitment to continuous learning and professional development.

Benefits:

• Competitive annual base salary ranging from CAD 69,600 to CAD 87,000, depending on skills, experience, and role level.

• Equity compensation for permanent employees, offering an opportunity to participate in long-term company growth.

• Transparent compensation structure with clearly defined job levels and market-based salary bands.

• Comprehensive health benefits and life insurance coverage.

• Long-term group savings plan with employer contributions through a business savings program.

• 20 days of annual vacation.

• Four additional wellness days per year.

• Unlimited paid sick and mental health days, subject to role eligibility.

• Flexible international working arrangements, with the opportunity to work outside Canada for up to 90 days per year, subject to eligibility.

• Employee resource groups that promote inclusion, diversity, and community, including groups supporting women, Black employees, and the 2SLGBTQ+ community.

• Remote working opportunities within Canada.

• Collaborative environment with talented, curious, and motivated professionals.

• Opportunities to contribute to innovative financial products, technology initiatives, and evolving risk management frameworks.

• Commitment to accessibility, inclusion, and employee wellbeing.