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Risk Administrator - 6+ Month Contract (Closed)

Job Highlights
Toronto
Temporary
$17

Responsibilities

  • Supervise both paper and electronic trade confirmation process for power, gas and renewable trades
  • Communicate with traders and counterparties when there are discrepancies and resolve in a timely manner
  • Upload forward curves and volatilities and perform Mark-to-Market daily
  • Assist with back off analyst/supervisor to prepare with quarter-end and year-end Fair Value reporting and ensure timely signoff on derivative valuation files
  • Handle trade credit requests such as Letters of Credit, Surety and Performance Bonds, Cash Collateral and margining requirements
  • Assist Credit/Insurance specialist/supervisor with insurance renewal requests and trade credit management
  • Recommend process improvement opportunities
  • Work on ad-hoc requests from management and other teams

Qualifications:

  • Bachelor’s degree in Finance/Economics or Business Administration
  • 2+ years of work experience  in Back / Mid Risk functions , power/gas industry is preferred
  • Familiarity with the Trade Life Cycle concept
  • Knowledge of financial derivative instruments such as forwards, futures, swaps and options
  • Knowledge of financial products and trade credit solutions an asset
  • Good problem solving skills and detail oriented
  • Strong communication skills and ability to effectively prioritize
  • Proficiency in Microsoft Excel and SQL is preferred
  • Ability to work under pressure in a fast paced and changing environment

Pay Rate

$17 - $19/hour

How to Apply

Click the “Apply Now” button and follow the instructions to submit your resume. Please note that we only accept documents in MS Word or Rich Text formats. When referencing this job, quote #26234.

You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.