Finance Analyst – Capital Markets & FRM

Finance Analyst – Capital Markets &  FRM

ProViso Consulting

Summary Of Day To Day Responsibilities:

• Department Overview The client Securities Capital and Liquidity Management Group is part of the Wholesale Banking Finance group and is accountable for all capital reporting/management and capital project initiatives, as well as providing subject matter expertise in liquidity, funding and balance sheet to clientS businesses to ensure the business is making decisions to optimize the financial resources of the Bank. The group is involved in leading consultations and industry discussions regarding current and upcoming OSFI Capital and Liquidity requirements. It is also responsible for allocation of capital for business line measurement and financial statement disclosures, ownership of Capital and Liquidity Management Frameworks including establishment of limits, ongoing monitoring and escalation, and leading optimization and cost savings initiatives.
• Job Type Contract (1-year)
• Job Status Full Time
• Hours M-F; 8:30am-5pm
• Business Line client Securities
• Job Category – Primary Securities | Wholesale Banking
• Job Category(s) Securities | Wholesale Banking
• Job Overview This Manager will be responsible for overseeing OSFI Capital reporting processes, providing support and guidance to capital reporting analysts on ongoing monthly reporting deliverables. The manager will also be responsible for managing relationships with the business and stakeholders on key capital initiatives, such as implementation of new products into the OSFI capital calculations and providing meaningful reporting/analysis to influence business behavior, strategic decision making and optimal balance sheet usage.

Job Description:

• Collaborate with other LoBs, technology partners, the business and other relevant stakeholders to ensure OSFI regulatory rules are well understood/interpreted and calculation assumptions accurately capture business rationale.
• Lead the development and implementation of new financial models, capital treatment, methodologies, frameworks and paradigms to support on-going business unit reporting and analysis functions. Provide meaningful reporting/analysis to influence business behavior, strategic decision making and optimal balance sheet usage.
• As the subject matter expert, provide guidance and recommendations to the Business on capital related matters.
• Support the execution and onboarding of new products in the client capital calculation process to ensure compliance with all existing rules and integration into the capital calculation processes.
• Provide accurate and thorough capital impact analysis on new capital initiatives; interpret findings, identify issues and propose possible solutions.
• Support testing and updates to the Basel Reporting Services (OneSumX – the calculation engine for capital reporting) and upstream data pipeline.
• Support a successful transition of the capital reporting operational processes to the Financial Operations’ Centre and provide ongoing support to update these processes, as well as provide training and oversight on these specific processes.
• Work closely and manage relationships with different stakeholders from several groups i.e. Treasury and Balance Sheet Management, Finance Shared Services, Technology, Accounting, Front Office, Audit etc.

Managerial Responsibilities:

• Participate in managing the performance of peers.
• Ensure communication of clear objectives with peers and stakeholders.
• Provide leadership, direction, advice and guidance to the team, thus maintaining high levels of integrity, motivation and morale.
• Initiate actions to further improve your own and the overall team’s skills and performance. Continuously look for opportunities for professional development.
• Demonstrate client Leadership Profile in all professional and personal activities.
• Establish an inclusive environment that promotes respect for the individual employee and adheres to the policies and guidelines of the Bank.

Additional Information The ideal candidate will possess:

• Sound understanding of wholesale banking products including derivative instruments and a good grasp of quantitative data analysis
• An independent thinker with strong critical-thinking skills and the ability to solve complex issues
• Self-starter; willingness to take initiatives for continuous learning and development
• Strong working knowledge of Excel and Access; experience in analyzing large data sets using SQL/Access
• Excellent communication skills, both written and verbal

Specific Educational Requirements / Accreditations:

• CFA, CPA or FRM designation preferred
• Master’s degree or equivalent experience preferred
• Inclusiveness At client, we are committed to fostering an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of our customers and communities in which we live and serve.
• If you require an accommodation for the recruitment/interview process (including alternate formats of materials, or accessible meeting rooms or other accommodation), please let us know and we will work with you to meet your needs.

Must have:

• Very good understanding of wholesale banking products
• Experience in capital markets
• Familiar with products
• Experience in regulatory reporting
• Very good communication skills
• Experience implementing projects (preferably in wholesale banking)
• Strong in Excel and access (experience with large data sets)
• Able to demonstrate leadership

Nice To Have:

• Experience in capital reporting
• Experience with SQL and Alteryx
• CFA, CPA or FRM designation preferred
• Experience coordinating a team

Job Details



12 Months



Latest Blogs

© 2020 ProViso Consulting - Toronto Recruitment and Staffing Agency

Send this to a friend