AVP, Financial Risk Management

About the role

MUFG Canada Risk Management is looking for an Associate Vice President, Financial Risk Management, in Toronto. The role supports the Financial Risk function, focusing on the production, analysis, governance and continuous enhancement of liquidity, market, credit and interest rate risk in the banking book reporting. It reports to the Financial Risk Vice President and covers recurring risk reports, ECL and portfolio credit risk analysis, risk appetite and limit monitoring, and committee materials.

Key responsibilities

• Prepare, analyze and maintain recurring risk reports on liquidity, market, credit and IRRBB, including EWI, liquidity stress testing, VaR, DV01, ECL, risk appetite metrics and interest rate risk analytics.
• Compile and validate source data from OVS extracts, Bloomberg, Treasury, Middle Office, Finance and internal risk files, and support independent review of risk metrics.
• Support IRC, ECC, Liquidity Risk and Market Risk governance materials: compile metrics, draft commentary, document assumptions and ensure accuracy and timeliness.
• Review and challenge report outputs, investigate material movements or exceptions, reconcile data to source systems and escalate breaches or control concerns.
• Coordinate with Treasury, Middle Office, Finance, Operations, Compliance, business lines and regional risk teams, and guide first-line and independent monitoring functions.
• Support audit, regulatory and internal review requests, and help translate regulatory and Head Office requirements into local policies, procedures and controls.
• Review and enhance local risk policies, EUC documentation and user manuals, and assist with annual recalibration of liquidity risk metrics and EWI thresholds.
• Identify opportunities to automate and streamline recurring reports, tracking logs and control processes.

Required profile

• At least 3 years of banking, risk management, treasury, finance, audit, data analytics or related financial services experience; second-line risk management experience preferred.
• Demonstrated ability to prepare, analyze and explain recurring risk reports and supporting materials.
• Strong analytical, investigative and problem-solving skills, and effective written and verbal communication.
• Ability to manage multiple recurring deadlines, maintain accurate audit trails and document changes.
• University degree in finance, economics, mathematics, accounting, business, risk management, data analytics, computer science, information systems or a related discipline; post-graduate education or progress toward FRM, CFA, CPA, MBA or similar is beneficial.

Required skills

• Advanced Excel, Power Query, pivot tables, VBA/macros and financial modelling.
• Liquidity risk metrics (EWI, LST, liquidity limits, stress testing).
• Market risk metrics (VaR, DV01, stress testing, sensitivity analysis).
• Credit risk and ECL analytics (IFRS 9 ECL, exposure and commitment utilization, concentration).
• Working knowledge of IRRBB concepts and tools.
• Data extraction, reconciliation and analysis from OVS, Bloomberg, Treasury and Middle Office files, SharePoint and EUC tools.
• Practical knowledge of AI-enabled productivity and analytics tools, used responsibly.