Axelon Services – Spot Risk Weighted Asset “RWA” Analyst – Toronto, ON

Company: Axelon Services

Location: Toronto, ON

Expected salary:

Job date: Fri, 18 Apr 2025 06:53:44 GMT

Job description: Global Financial Firm located in TORONTO, ON has an immediate contract opportunity for an experienced Spot Risk Weighted Asset “RWA” Analyst“This role is currently on a Hybrid Schedule.
You will need to have reliable internet, computer and android or iphone for remote access into the client systems during remote work.
We will be expected in the office weekly 3 days depending on the team requirement.****Video/ f2f interviews are required prior to all offers.Spot Risk Weighted Asset “RWA” AnalystJob Description
This role is for Spot Risk Weighted Asset “RWA” Calculation and Reporting – this is an intermediate management position within the Controllers Organization. The individual will drive the production needs and support various workstreams under the Capital Reporting team, which will be responsible for the firm and bank’s RWA and Leverage exposure calculation and reporting. The position will have a high level of visibility within the organization with opportunities to work directly with other Finance and non-Finance functions throughout Client, including the Businesses, Risk, Treasury, Financial Planning & Analysis, as well as Enterprise Technology, & Operations.Responsibilities:

  • Perform the calculation and submission of reports for Basel RWA Reporting (BCAR) and Leverage Reporting (LRR) based on OSFI Canada Regulatory requirements. Primary focus will be on performing activities in the calculation, analysis and reporting of the RWA/Leverage results and processes / procedures to ensure quality control of deliverables.
  • Execute procedures to ensure that Basel rules are adhered to for business initiatives, new product offerings and for changes in Basel requirements.
  • Research and develop supporting materials in response to regulatory requests and line of business queries.
  • Work directly with key business and technology and operations personnel to address day-to-day delivery and execution tasks and to ensure throughput and process execution is optimized.
  • Utilize adopted frameworks, methodologies and tools aligned to the strategy of the group in production of the RWA results.
  • Execute internal controls and document effectiveness of the control structure used in the RWA analysis.

Qualifications:

  • 6-10 years of experience in OSFI BCAR/LRR, Basel III and Liquidity management with commensurate stakeholder management experience

Education:

  • Bachelor’s/University degree or Master’s degree or CFA/FRM preferred.