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Senior Market Risk Advisor
Job Offer
As a senior market risk advisor, you play an important role in the Market Risk function by measuring, monitoring and critically observing the capital market’s and banking sector’s exposure to market risks (interest rates, credit spreads, foreign exchange, equities, commodities). You’re the point person for maintaining and updating the stress scenario program. You serve as an expert for prospective analysis exercises, defining market risk tolerance indicators and thresholds, and integrating new products into systems. The position requires the ability to influence key parties (Front, Middle/Back, Finance, IT and other risk areas) and demonstrate good judgment and communication in a complex and changing environment. More specifically, you will be required to:
- Help develop governance through defining limits, calibration, daily monitoring, alert thresholds, escalations and remediation. Produce indicators and dashboards for the business lines and senior management
- Maintain and update the stress testing program by adopting industry best practices
- Direct ad hoc analyses during volatile times and prepare executive summaries for management
- Contribute to new products/activities: Assess needs and help integrate products into systems
- Work closely with IT and data teams on market data input, quality and traceability. Prioritize and deliver improvements to analytics tools
- Contribute to the continuous improvement of processes, controls and documentation, share best practices and coach junior analysts
- Represent the risk function as part of cross-sector working groups. Influence strategic directions related to market risk management and optimizing economic capital
What we offer*
- Competitive salary and annual bonus
- 4 weeks of flexible vacation starting in the first year
- Defined benefit pension plan that provides predictable, stable income throughout retirement
- Group insurance including telemedicine
- Reimbursement of health and wellness expenses and telework equipment
* Benefits apply based on eligibility criteria.
#LI-Hybrid
What you bring to the table
- Bachelor's degree in finance, financial mathematics, engineering, econometrics, actuarial science or in a related field
- A minimum of eight years of relevant experience managing/measuring market risk at a financial institution or in asset management
- Please note that other combinations of qualifications and relevant experience may be considered
- Knowledge of French is required
- Advanced proficiency of English due to the nature of the duties or work tools or because the position involves interactions with English-speaking partners, members and/or clients
- Expertise in monitoring and interpreting economic and market events to anticipate impacts on risk; directing and understanding portfolio strategies
- Expertise in exercising influence, using plain language and interacting with a variety of interested parties; political savvy and focus on results
- Expertise in data/tools: Advanced Excel and Power Query, SQL and Python for analysis and automation; VBA
- Advanced proficiency in market risk metrics: Sensitivities, stress tests, VaR/Expected Shortfall and back testing; knowledge of modern regulatory frameworks (such as FRTB, ICAAP)
- Advanced knowledge of various asset classes: rates, foreign exchange, credit (incl. derivatives), equities, commodities, vanilla and exotic products
- Knowledge of market and risk platforms (such as RiskMetrics, Bloomberg, Murex)
Trade Union (If applicable)
At Desjardins, we believe in equity, diversity and inclusion. We're committed to welcoming, respecting and valuing people for who they are as individuals, learning from their differences, embracing their uniqueness, and providing a positive workplace for all. At Desjardins, we have zero tolerance for discrimination of any kind. We believe our teams should reflect the diversity of the members, clients and communities we serve.
If there's something we can do to help make the recruitment process or the job you're applying for more accessible, let us know. We can provide accommodations at any stage in the recruitment process. Just ask!
Job Family
Risk management (FG)Unposting Date
2026-03-24Share:
Discover Desjardins
Who we are?
Desjardins Group is the largest cooperative financial group in North America.We're the choice for over 52,000 employees and we’re named one of Canada’s top employers by Mediacorp and Forbes. We offer a full range of financial products and services and share our expertise in personal services, business services, wealth management, life and health insurance, and property and casualty insurance.
Pursuing a career at Desjardins means being part of an organization that puts people first.
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