Senior Analyst, Member Risk Assessment POST NUMBER: 460010
About the Company
Our client is a non- profit financial company. They are looking for a Senior Analyst, Member Risk who will be responsible for analyzing financial filings, validating quarterly assessments, monitoring at-risk members, and supporting risk reporting for senior management and the Board. This role is critical in maintaining the company’s proactive oversight of member firms through data-driven risk assessments, financial model validation, and collaboration with examiners. The Senior Analyst will also support special projects, policy reviews, and, when required, assist in managing member insolvencies.
Why Work Here
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Mission-driven, collaborative, and analytical environment with a strong emphasis on integrity, regulatory diligence, and teamwork
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Transparency, work-life balance (35-hour week), and professional growth through education support
About the Opportunity
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Member Firm Insolvency Risk Assessment
Assess the insolvency risk Member Firms pose to the company by:
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Applying detailed knowledge of Member Firms’ business.
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Analysing financial filings.
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Monitoring Member Firms experiencing financial and operational difficulties by liaising with CIRO Managers/Examiners.
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Research and analyse operational/market/credit and liquidity risks related to new products, Member Firm CIRO rule exemption requests, industry trends and identifying other financial or operational issues.
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Reviewing CIRO correspondence.
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Keeping apprised of changes to Member Firms’ businesses.
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Analyze and report on the impact of proposed CIRO capital policies and capital policy. amendments on the company
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Provides support with interpreting and applying the company Coverage Policy.
Assessment Analysis:
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Support the Member Firm assessment processes for quarterly assessments, integration assessments and other prescribed assessments including impact of business combinations of Member Firms.
Quarterly Investment Dealer Assessments:
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Validate, and calculate where necessary, the inputs to the quarterly assessment model and analyze the outputs.
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Validate the Client Net Equity (CNE) deductions reported by Member Firms.
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Determine and notify Member Firms of Capital Deficiency Assessments as necessary.
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Validate Asset Locations reported by Member Firms.
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Explain Risk Rating and Assessments to Member Firms as necessary.
Appeals Process:
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Execute the company Assessment Appeal Procedures. Such procedures include responding to a request for an appeal, documentation and communication standards, and hearing procedures.
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Ensure adherence to documentation standards for the appeal package and demonstrate compliance with the appeal procedures.
Risk Committee Support & Reporting:
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Analyse a variety of issues – including as required:
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Identifying/defining the issue and potential impact on the company and designing and proposing solutions to mitigate potential adverse impacts.
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Conducting impact analysis.
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Reaching conclusions, proposing solutions and working with CIRO and Member Firm staff to implement impact mitigating solutions.
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Prepare data for inclusion reports, including identifying and highlighting significant risks or other Member Firm issues.
Insolvency:
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Assist in the administration of insolvent company Member Firms.
Other:
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Support special reviews or assignments the company may undertake from time to time.
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Other duties, as assigned, including support on queries and insolvencies.
About You
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CPA designation, or CSE
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4–5 years relevant experience (audit or regulatory)
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Exposure to CIRO/IIROC rules, filings, and brokerage back-office operations
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Strong Excel and data analysis skills
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Familiarity with risk assessments and capital adequacy principles
Salary Range
Up to $115,000/year
How to Apply
Click the “Apply Now” button and follow the instructions to submit your resume. Please know that we only accept documents in MS Word or Rich Text formats.
When referencing this job, quote #460010
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.
Vaco by Highspring values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
EEO Notice
Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .
Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal.
By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
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Vaco by Highspring and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco by Highspring”) respects your privacy and are committed to providing transparent notice of our policies.
- California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here.
- Virginia residents may access our state specific policies here.
- Residents of all other states may access our policies here.
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Pay Transparency Notice
Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to:
- the individual’s skill sets, experience and training;
- licensure and certification requirements;
- office location and other geographic considerations;
- other business and organizational needs.
With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.