Trading Risk Model Development - Stress Testing

Job Description

Data Analyst:
On behalf of our Banking client, Procom is searching for a Data Analyst for a 12-month role. This position is a hybrid position with 4 days onsite at our client’s Toronto office.

Data Analyst - Job Description:
We are seeking a Data Analyst to join the Market Risk Stress Testing group. The successful candidate will be responsible for developing, maintaining, and executing models and methodologies for financial stress tests. This role involves working within a leading financial institution to support internal and regulatory requirements.

Data Analyst - Responsibilities:
• Research, develop, and implement new modeling methodologies for market risk variables.
• Execute Stress Testing models during stress testing cycles.
• Maintain the current suite of models following established lifecycle requirements.
• Develop models and code solutions to support stakeholders.
• Document methodologies in technical reports.
• Liaise with business partners to ensure timely delivery and implementation of models.
• Analyze and provide commentary on pricing and stress testing models.
• Adhere to governance policies and procedures.

Data Analyst - Mandatory Skills:
• Strong analytical background in quantitative finance and statistical modeling.
• Knowledge of valuation of financial derivatives and market risk modeling approaches.
• Programming skills in R and Python.

Data Analyst – Nice-to-Have Skills:
• C++

Data Analyst – Assignment Length:
This is a 12-month contract position with the possibility of extension or conversion to a permanent role.

Data Analyst - Start Date:
ASAP.

Data Analyst - Assignment Location:
Toronto, Ontario, Canada. This is a hybrid role requiring 4 days onsite.

This employer uses both human and technology-assisted tools to support candidate screening and assessment. Final hiring decisions are made by people.