Risk Analyst, Financial Market Risk

| What we are looking for Payments Canada members that participate in the payment systems are exposed to Financial Market Risks like Credit risk, Liquidity risk, Settlement risk and risk associated with tiered participation depending on the system. The Financial Market Risk (FMR) team maintains financial risk frameworks for our existing systems and develops financial risk frameworks for new systems. FMR also ensures that participants understand these risks and have the necessary information and risk management tools available to manage them to make risk informed decisions. FMR is looking for an Analyst to join their team in supporting the monitoring, reporting, and analysis of financial risks in the systems we operate. The role requires attention to detail, the ability to identify and communicate issues to the Manager, Financial Market Risk, and a natural curiosity for how financial markets function. The incumbent will be primarily responsible for the quantitative aspects of the financial risk frameworks for existing payment systems (Lynx and ACSS) and future payment systems, and work closely with the rest team members and subject matter experts on other teams. This position presents a unique opportunity to gain exposure to critical financial market infrastructure that our members rely on for the clearing and settlement of their payments. We are seeking someone with quantitative and analytical skills who is also willing to contribute to the team in a proactive manner. | A day in the life Responsibilities of the Risk Analyst, Financial Market Risk includes but is not limited to: Financial Risk Monitoring and Reporting Lead processes for the recalculation of ACSS collateral pool, multiplier, allocation to Direct Clearers, and minimum liquidity requirements for Lynx. Perform daily monitoring of dashboards and prepare monthly/quarterly reports, backtesting, and risk summaries for Lynx and ACSS stakeholders. Enhance existing dashboards and frameworks while staying informed on Bank of Canada s monetary policy impacts. Subject Matter Expertise and Advice Provide expertise on Financial Risk Frameworks and targeted system data analysis to inform decision-making across teams. Produce high-quality meeting materials and present findings to a variety of audiences. Support the Manager, Financial Market Risk, on ad-hoc or unplanned initiatives. Analysis and Simulation Perform statistical analysis of raw data to identify participant behaviors, trends, outliers, and insights for management. Execute forward-looking simulations using historical data and defined scenarios to understand and document the impacts of future events. Maintain and improve the documented procedures and frameworks followed by the FMR team. | What you need to be successful university degree in a relevant field - professional designation preferred; Minimum of three (3) years work experience preferred, specifically within payments and financial risk. Advanced expertise in SQL, Excel, and Google Sheets is required; additional experience with programming languages (Python, R) and the Google Cloud ecosystem (BigQuery, Looker Studio) is a strong plus Strong understanding of financial transaction logic, specifically the mechanics of how debit and credit entries function Prior experience in payments and financial risk preferred; Eligibility to successfully complete background checks that will be carried out by Payments Canada, including criminal, credit, identity, employment, and education checks. | You will really stand out with knowledge of banking, financial markets, risk management, and financial market infrastructure is considered an asset. | Salary range Based on qualifications and experience: $73,500 to $98,000. Please submit your application by April 22, 2026.