About Company
At Hiring.zycto, we are pioneering the future of financial risk management in a dynamic global landscape. A Senior Risk Manager will find an unparalleled opportunity to influence strategic decisions, drive innovation, and safeguard our operations. We champion a culture of intellectual curiosity, continuous learning, and collaborative problem-solving, fostering an environment where your expertise is not just valued, but essential to our collective success. Join us to make a tangible impact, navigate complex challenges, and shape the financial resilience of a forward-thinking firm dedicated to excellence.
Job Description
Hiring.zycto is seeking a highly skilled and strategic Senior Risk Manager to join our esteemed Finance team in Bracondale Hill, Toronto. In this pivotal role, you will be instrumental in developing, implementing, and overseeing robust risk management frameworks across various financial disciplines. You will play a critical part in identifying, assessing, mitigating, and monitoring financial risks that could impact our firm’s operations, capital, and reputation. This includes comprehensive oversight of market risk, credit risk, operational risk, liquidity risk, and strategic risk.
We are looking for a visionary leader with a deep understanding of complex financial instruments, regulatory environments, and advanced risk methodologies. Your ability to translate intricate risk analytics into clear, actionable insights for senior management will be key to your success. You will be expected to not only manage existing risks but also anticipate emerging threats and opportunities, contributing significantly to our strategic planning and decision-making processes. This is an exceptional opportunity for a seasoned professional to drive change, foster a strong risk culture, and contribute directly to the financial stability and growth of Hiring.zycto within a challenging yet rewarding environment.
Key Responsibilities
- Develop, implement, and maintain comprehensive financial risk management frameworks, policies, and procedures.
- Conduct in-depth analysis of market, credit, operational, and liquidity risks, providing actionable insights and recommendations.
- Oversee the development and validation of advanced risk models (e.g., VaR, stress testing, scenario analysis) and ensure their effective application.
- Monitor regulatory changes and ensure the firm's compliance with all relevant financial regulations (e.g., OSFI, Basel III).
- Prepare and present detailed risk reports to senior management, the board of directors, and regulatory bodies.
- Lead and mentor a team of risk analysts, fostering professional growth and a collaborative environment.
- Collaborate with various business units to integrate risk management best practices into daily operations and strategic initiatives.
- Contribute to the firm's capital planning and stress testing processes.
- Drive continuous improvement in risk measurement techniques, systems, and controls.
- Act as a subject matter expert on complex financial products and their associated risks.
Required Skills
- Minimum 6 years of progressive experience in financial risk management within a bank, investment firm, or financial institution.
- Proven expertise in market risk, credit risk, operational risk, and liquidity risk.
- Strong understanding of financial products, derivatives, and capital markets.
- Extensive experience with risk modeling, quantitative analysis, and statistical tools (e.g., Python, R, SAS).
- In-depth knowledge of Canadian financial regulations (e.g., OSFI guidelines) and international standards (e.g., Basel frameworks).
- Exceptional analytical, problem-solving, and decision-making abilities.
- Excellent communication and presentation skills, with the ability to articulate complex risk concepts to diverse audiences.
- Demonstrated leadership capabilities and experience managing or mentoring a team.
- Bachelor's degree in Finance, Economics, Mathematics, Statistics, or a related quantitative field.
Preferred Qualifications
- Master's degree or MBA in Finance, Risk Management, or a related discipline.
- Professional certifications such as FRM (Financial Risk Manager), PRM (Professional Risk Manager), or CFA (Chartered Financial Analyst).
- Experience with enterprise risk management (ERM) frameworks.
- Proficiency with specialized risk management software and platforms.
Perks & Benefits
- Highly competitive salary and performance-based bonuses.
- Comprehensive health, dental, and vision benefits package.
- Generous paid time off and flexible work arrangements.
- Opportunities for professional development, including tuition reimbursement and certification support.
- Dynamic and collaborative work environment with a strong emphasis on innovation.
- Access to cutting-edge financial technologies and resources.
- Retirement savings plan with employer contributions.
- Wellness programs and employee assistance initiatives.
- Prime office location in the vibrant Bracondale Hill area of Toronto.
How to Apply
Interested candidates are encouraged to apply by clicking on the application link below. Please ensure your resume and cover letter highlight your relevant experience in financial risk management and your leadership capabilities. We thank all applicants for their interest, but only those selected for an interview will be contacted.