Senior Counterparty Credit Risk Advisor

Presence: Hybrid

Category: Senior Professional

Contract Type: Permanent A career as a Senior Counterparty Credit Risk Advisor within the Global Counterparty Credit Risk, Capital Markets, and Treasury Risk Management team at Banque Nationale involves overseeing and monitoring counterparty credit risk for major players and participants in the capital markets. This role allows you to have a positive impact on the organization's financial resilience through your expertise in financial markets, professional judgment, and analytical skills. Your Role

• Initiate the strategic evolution of the counterparty credit risk framework targeting major capital market actors, including investment funds, hedge funds, pension funds, and other non-bank financial institutions
• Design and challenge exposure measures, stress simulations, and reverse risk analyses and scenarios related to counterparty risk
• Supervise continuous monitoring of credit quality, risk limits, significant exposures, concentrations, alert signals, breaches, and exceptions
• Conduct in-depth, quantitative, and qualitative credit analyses for complex transactions involving non-bank financial institutions, such as insurers, asset managers, hedge funds, and clearing houses
• Develop complex processes, approaches, policies, or systems aligned with Banque Nationale's strategic orientations and recommend required fixes
• Represent counterparty credit risk to various stakeholders, including meetings with regulators, auditors, internal and external committees, and contribute to the development of less experienced colleagues
• Your Team

Join a results-driven counterparty credit risk team, focused on excellence, within an inclusive and high-performing culture. The successful candidate will act as an ambassador for Banque Nationale's core values: collaboration, agility, and the power to act, and will be committed to demonstrating and embodying these values in all interactions. This position is located in Montreal or Toronto and will report to the Senior Vice President, Counterparty Credit Risk, Non-Bank Financial Institutions within the Capital Markets and Treasury Risk Management sector. Requirements

• Bachelor's degree in finance, economics, accounting, mathematics, financial engineering, or a related field, combined with 7 to 10 years of relevant experience. A master's degree and professional certifications such as CFA, CPA, or FRM are assets.
• Extensive experience in counterparty credit risk or large credit risk at non-bank financial institutions, including hedge funds, asset managers, insurers, pension funds, and clearing houses.
• Excellent understanding of capital markets, derivatives, structured products, bond financing, prime brokerage, collateral, and institutional business models.
• Proficiency in financial analysis, qualitative and quantitative analysis, credit adjudication, limit setting, risk appetite, and breach and exception management.
• Strong understanding of risk quantification measures, including potential future exposure (PFE), exposure simulation models, stress simulations, and reverse risk analyses.
• Proficiency in Bloomberg, Excel, and data analysis, visualization, or automation tools such as Power BI, QuickSight, VS Code, Excel VBA, Python, or AI applications for credit risk management.
• Your Benefits

In addition to a competitive salary, we offer a range of flexible benefits to support your well-being and that of your family, including:

• Comprehensive health and well-being program with numerous options
• Flexible group insurance
• Generous retirement plan
• Employee share ownership plan
• Employee assistance program and family support
• Preferred banking services
• Community involvement
• Telemedicine service
• Virtual sleep improvement clinic

We offer an evolving and forward-thinking benefits package tailored to your needs and those of your loved ones.

Our dynamic work environments and modern collaboration tools create a pleasant employee experience. We value the ideas of our team members, and continuous dialogue and feedback are encouraged through surveys and programs.

The Boldness to Act in a Human Environment

We are a human-sized bank distinguished by our boldness, entrepreneurial culture, and passion for people. We exist to make a positive impact on people's lives. Our core values of collaboration, agility, and the power to act inspire us. Inclusion is at the heart of our commitments. We strive, as much as possible, to provide an obstacle-free and accessible work environment for all employees.

We aim to provide accessibility measures, to the extent of our means, throughout the recruitment process. If you require accommodations, please let us know during your initial interactions with us. We welcome candidates from all backgrounds and would like to know what you can bring to our team.

Join us!

Other required languages: English, French

Skills: Agility of learning, Financial analysis, Diversity and inclusion, Empathy, Risk management, Initiative, Artificial intelligence, Capital markets, OTC markets, Derivatives, Resilience, Counterparty risk, Market risks, Credit risk