What are the responsibilities and job description for the Senior Market Risk Analyst position at Targray?
Company Overview
Targray - Building sustainable solutions for a world in transition.
Established in 1987 in Montreal, Canada, Targray is a global leader in the sourcing, transportation, storage, trading and distribution of commodities and advanced materials for a broad range of industry sectors. Our supply solutions help reduce the world's carbon footprint while enabling our customers to create safer, more reliable products for consumers.
Targray has operations in 11 countries and over $1B USD in annual sales. In 2019, the company made its debut appearance on the FP500, Financial Post’s ranking of the top 500 corporations in Canada by revenue.
- Great Place to Work® | Best Workplaces in Quebec (2020, 2021, 2022)
- Deloitte | Best Managed Companies (2019 - 2022)
- EY Canada | Quebec Entrepreneur of the Year (2016)
- HSBC | International Business Award (2012)
- Profit 100 Fastest-Growing Companies in Canada (2006, 2009)
Job Summary
We are looking for a Senior Market Risk Analyst to help support the growth of our organization and the Risk team. The Senior Market Risk Analyst plays a key role in assessing various types of risks and opportunities as we continue to add new businesses to our portfolio.
The ideal candidate is someone who is looking to pursue a career in commodity risk management, has working experience with financial derivatives and demonstrates a strong interest in the finance world and the economy. The Senior Market Risk Analyst will work closely with the Risk Director and Risk Manager, the Information Systems team, the Trading desks, the Operations team, and the Finance department.
This is a great opportunity for a risk professional to continue to grow their career all while being immersed in a new, fast-paced, and exciting industry where they can create value. The Senior Market Risk Analyst’s main responsibilities are to:
Responsabilities
- Measure, monitor, and mitigate market risks.
- Establish strong relationships with trading teams and develop an in-depth understanding of current and future trading strategies.
- Make forward looking analyses to improve and enhance risk allocation strategies.
- Make recommendations to the Risk Director on hedging optimization practices.
- Evaluate counterparty risks and make recommendations to align exposures with the company’s risk tolerance.
- Support the development of end-to-end Risk models on Microsoft Excel and Python to monitor and manage market risks.
- Coordinate and assist in the development of Risk applications and models with the Information Systems department.
Requirements
- Bachelor of Commerce or MBA graduate, with a Finance concentration.
- 2 to 5 years of working experience in Risk management.
- Thorough understanding of financial derivatives, mark-to-market accounting, Value-at-Risk, and stress tests.
- Demonstrates strong business acumen.
- Demonstrates a capacity in understanding the Big Picture and makes connections at a macro level.
- Ability to pay great attention to details.
- Have strong financial and data analysis skills.
- Proficient at advanced Microsoft Excel.
- Knowledge of Python is an asset.
- Comfortable working in a fast-paced environment.
- Be open-minded, coachable, resourceful and have an entrepreneurial mindset.
- Demonstrate great communication skills and display strong interpersonal skills.
Benefits
- Beautiful, spacious, and modern workplace environment.
- Highly competitive remuneration.
- Flexible work arrangement policy.
- On-site gym facility reserved for employees.
- Medical and dental insurance.
- Retirement Savings Plan with employer matching.
- Subsidized healthy lunch program with fresh meals served daily.
Diversity & Inclusion
Diversity and inclusiveness are at the heart of who we are and how we work. We are committed to fostering an environment where differences are valued, policies and practices are equitable, and our people feel a sense of belonging. We welcome and embrace the diverse experiences, abilities, backgrounds, and perspectives that make our people unique and help guide us. When people feel free to be their authentic selves at work, they bring their best and are empowered to build a better working world.
For more information about our company, please visit https://www.targray.com/#LI-Hybrid
Salary : $1 - $0