Asset Liability Manager, Risk Quantification – Market Risk
EDC is Canada's export credit agency, offering information, knowledge and innovative commercial solutions to help Canadian exporters and investors expand their international business. EDC's knowledge and partnerships are used by more than 9,000 Canadian companies and their global customers in up to 200 markets worldwide each year. In 2017, EDC has been recognized as a Top 100 Employer and a Top Family-Friendly Employer.
EDC is financially self-sustaining, and is a recognized leader in financial reporting and economic analysis.
The successful incumbent will assist in the design and delivery of best-in-class asset/liability management solutions, with the objective of making market risks transparent to key stakeholders.
- Understands and maintains professional competence in risk management, developments of the best practices in Asset Liability Management, and securities and financial derivatives and their use in Asset Liability Management and Treasury Portfolio/Risk Management;
- Evaluates and reports on market risks affecting the corporation's investments, loans and liabilities portfolios;
- Recommends strategies and tactics to manage markets risks;
- Calculates economic capital, duration, value-at-risk, asset and liability gaps, etc.;
- May manage special projects/investigations related to market risk.
- Provides support for the quantification of market risk;
- Identifies opportunities for process/practice improvements within area of responsibility;
- Assists in the management of a collateral program and assessment of counterparty credit risk;
- Assists in the production of management reports on interest rate and foreign exchange risks;
- Measures, monitors and reports adherence to market risk policy and procedural limits;
- Documents market risk processes and procedures;
- Ad hoc projects on market risk and valuation.
- Undergraduate degree in Business Administration, Finance or in a related field
- Minimum of 1 year of experience in risk management (Finance/Treasury) or equivalent
- Understanding of interest rate and foreign exchange risk
- Knowledge of financial products, capital markets, and treasury financial instruments
- Bilingual in both official languages (French and English)
- Experience in working in a Crown corporation or financial services environment
- $62,000 - $92,000, plus performance-based incentive
How to apply
Only candidates selected for an interview will be contacted.
Application deadline: May 18, 2018, 11:59 p.m. EST on www.edc.ca/careers
EDC is committed to employment equity and actively encourages applications from women, Aboriginal people, persons with disabilities and visible minorities. If selected for an interview, please advise us if you require special accommodation.
Candidates must meet the requisite government security screening requirements.