Business Analyst (Market Risk)

We are

At Synechron, we believe in the power of digital to transform businesses for the better. Our global consulting firm combines creativity and innovative technology to deliver industry-leading digital solutions. Synechron’s progressive technologies and optimization strategies span end-to-end Artificial Intelligence, Consulting, Digital, Cloud & DevOps, Data, and Software Engineering, servicing an array of noteworthy financial services and technology firms. Through research and development initiatives in our FinLabs we develop solutions for modernization, from Artificial Intelligence and Blockchain to Data Science models, Digital Underwriting, mobile-first applications and more. Over the last 20+ years, our company has been honored with multiple employer awards, recognizing our commitment to our talented teams. With top clients to boast about, Synechron has a global workforce of 14,500+, and has 58 offices in 21 countries within key global markets.

Our challenge

We are seeking a highly motivated Business Analyst with expertise in Market Risk to join our team. The ideal candidate will possess strong data analysis skills, proficiency in query writing, and a deep understanding of market risk data. A Financial Risk Manager (FRM) certification is a plus. Candidate will play a crucial role in analyzing risk data, supporting risk management initiatives, and providing insights to enhance our risk assessment processes.

Additional Information

The base salary for this position will vary based on geography and other factors. In accordance with law, the base salary for this role if filled within Mississauga, ON is CAD $100k – CAD $115k/year & benefits (see below).

The Role

Responsibilities:

• Collaborate with stakeholders to gather, document, and analyze business requirements related to market risk.
• Conduct thorough data analysis to identify trends, anomalies, and potential risks in market data.
• Write complex SQL queries to extract and manipulate data from various databases for reporting and analysis.
• Develop and maintain dashboards and reports to communicate key risk metrics and insights to management and stakeholders.
• Understand and interpret market risk data, including Value at Risk (VaR), stress testing, and other risk measures.
• Support the implementation and enhancement of market risk management tools and systems.
• Assist in the preparation of regulatory reports and ensure compliance with risk management policies.
• Facilitate workshops and meetings to discuss findings, propose solutions, and drive decision-making processes.
• Stay updated on industry trends, market risk regulations, and best practices to provide informed recommendations.

Requirements:

You are:

• Experience needed 12+ Years
• Bachelor’s degree in Finance, Business Administration, Economics, or a related field. Master’s degree is a plus.
• Proven experience as a Business Analyst, preferably in the Market Risk domain.
• Strong data analysis skills with the ability to interpret and analyze complex datasets.
• Proficient in SQL for data extraction, transformation, and reporting.
• Understanding of market risk concepts, methodologies, and data sources.
• Familiarity with financial instruments, derivatives, and risk management frameworks.
• FRM certification is a plus, demonstrating knowledge of risk management principles.
• Excellent communication and presentation skills, with the ability to convey complex information to non-technical audiences.
• Strong problem-solving abilities and attention to detail.

It would be great if you also had: 

• Experience with risk management software and tools (e.g., SAS, Tableau, R).
• Knowledge of regulatory requirements and frameworks related to market risk (Basel III, Dodd-Frank).
• Familiarity with programming languages (Python, R) for data analysis and modeling.

We can offer you:

• A multinational organization with 58 offices in 21 countries and the possibility to work abroad  
• 15 days (3 weeks) of paid annual leave plus an additional 10 days of personal leave (floating days and sick days) 
• A comprehensive insurance plan including medical, dental, vision, life insurance, and long-term disability 
• Flexible hybrid policy to fit your schedule  
• RRSP with employer’s contribution up to 4%  
• A higher education certification policy  
• On-demand Udemy for Business for all Synechron employees with free access to more than 5000 curated courses  
• Coaching opportunities with experienced colleagues from our Financial Innovation Labs (FinLabs) and Center of Excellences (CoE) groups  
• Cutting edge projects at the world’s leading tier-one banks, financial institutions and insurance firms  
• A truly diverse, fun-loving and global work culture  

S​YNECHRON’S DIVERSITY & INCLUSION STATEMENT
 

Diversity & Inclusion are fundamental to our culture, and Synechron is proud to be an equal opportunity workplace and is an affirmative action employer. Our Diversity, Equity, and Inclusion (DEI) initiative ‘Same Difference’ is committed to fostering an inclusive culture – promoting equality, diversity and an environment that is respectful to all. We strongly believe that a diverse workforce helps build stronger, successful businesses as a global company. We encourage applicants from across diverse backgrounds, race, ethnicities, religion, age, marital status, gender, sexual orientations, or disabilities to apply. We empower our global workforce by offering flexible workplace arrangements, mentoring, internal mobility, learning and development programs, and more.

All employment decisions at Synechron are based on business needs, job requirements and individual qualifications, without regard to the applicant’s gender, gender identity, sexual orientation, race, ethnicity, disabled or veteran status, or any other characteristic protected by law.

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