Manager, Quantitative Market Risk

Responsibilities

• Develop, test, and maintain quantitative risk models including VaR and stress testing methodologies
• Create and update clear documentation for stakeholder understanding of models
• Analyze margin and capital impacts during stress conditions using CIRO 5000 margin rules
• Write production-quality code to enhance model infrastructure
• Collaborate across teams to translate complex model outputs into accessible guidance
• Proactively identify and address model performance issues under changing market conditions

Qualifications

• 7 to 10 years of quantitative risk or analytics experience in financial services, ideally in a CIRO-regulated brokerage setting
• Hands-on model development expertise in stress testing methodologies like VaR and SVaR
• In-depth knowledge of markets, trading instruments, and valuation principles across various asset classes
• Comprehensive understanding of CIRO 5000 margin rules and their implications in stress scenarios
• Proficient in at least one programming language (Python, R, etc.) for developing production-quality code
• Strong ability to produce precise methodology documentation for diverse audiences
• Capacity to work independently on complex issues and lead a small team depending on experience

Benefits

• Opportunity to significantly impact the financial experience of millions of Canadians
• Work within a high-ownership, collaborative team environment
• Chance to develop advanced quantitative models in a dynamic setting
• Engagement in cross-functional work with product, finance, and business teams

Pay

$110,000 – $130,000 annually

Schedule

Remote - US based candidates only, no visa sponsorship available