Specialist, Counterparty Credit Risk

The role

You will own the end-to-end counterparty credit risk assessment and ongoing monitoring process. You will build and operationalize a centralized counterparty credit risk function by working across risk management, operations, capital markets, finance, treasury, and product teams.

What you will do

• Own and improve procedures for counterparty credit risk assessment processes.
• Conduct and compile comprehensive credit assessments.
• Provide detailed written recommendations for new and existing counterparties.
• Monitor concentration limits and stress testing results.
• Flag emerging risks with recommended action.
• Assist in drafting, maintaining, and enforcing counterparty credit risk policies and procedures.
• Support both front office and risk development.
• Build lasting positive relationships with counterparties.

Required qualifications

• 1–3+ years experience in counterparty credit risk, credit analysis or a relevant credit risk management role in an investment dealer or brokerage environment
• Working knowledge of broker-dealer regulatory capital, including risk-adjusted capital and net excess capital, and how to interpret Form 1 and FOCUS filings

Nice to have

• Pursuing the CFA, CPA or FRM program

Benefits

• Top-tier health benefits and life insurance
• Long-term group savings with employer match, through Wealthsimple for Business
• 20 vacation days
• 4 wellness days
• unlimited sick and mental health days per year
• 90 days away: work outside Canada for up to 90 days per year

About the company

Wealthsimple is Canada’s leading financial innovator, offering a full suite of financial products. The company is headquartered in Toronto, Canada.