The Post Trade risk management team’s mandate is to ensure that all required procedures, models, systems, reporting and governance are in place so that CDS and CDCC financial risks are managed according to TMX risk appetite and policy.
TMX Post Trade’s Risk Management Team utilizes a matrix management structure to conduct first and second line of defense risk management functions for both CDS and CDCC.
The risk exposure types managed by the Post Trade Risk Team include credit risk, market risk, liquidity risk, model risk and operational risk.
To carry out its mandate, the Risk Team employs sophisticated financial risk models, validation frameworks, risk measurement and reporting systems.
The Risk Team collaborates with many internal and external stakeholders including CDS Participants and CDCC Clearing Members, our regulators and our TMX Group partners.
Since CDS and CDCC were designated as systemically important by the Bank of Canada in 2012, TMX Post Trade’s role is to ensure the integrity and stability of the markets that it supports.
It further takes the necessary actions to help ensure that the Canadian financial markets meet the G20 commitments.
Role Summary :
Reporting to the Manager Model Risk Management, the Senior Analyst, Risk Oversight is a key contributor to CDCC risk oversight activities including model validation, risk reporting and default management activities.
More specifically, the incumbent helps improve TMX Post Trade’s risk measurement, management and governance practices to ensure we maintain high risk management standards in compliance with CPSS-IOSCO Principles for Financial Market Infrastructure (PFMI’s).
The Senior Analyst also contributes actively to the development, oversight and usage of TMX Post Trade groups’ market, credit and liquidity risk management models & tools including providing effective challenge to the Risk Projects Team activities.
Key accountabilities :
Skills and experience :
g. market, liquidity, or credit risk measurement and management).
TMX is committed to creating and sustaining a collegial work environment in which all individuals are treated with dignity and respect and one which reflects the diversity of the community in which we operate.
We provide accommodations for applicants and employees who require it.