ZipRecruiter

Log In

1

Counterparty Risk Jobs in Ontario (NOW HIRING)

Liberty

Analyst III, Counterparty Credit Risk

Oakville, ON · Hybrid

CA$90K - CA$120K/yr

This role provides subject matter expertise, supports risk governance and decision making, and contributes to the ongoing development of counterparty credit risk frameworks, limits, and controls This ...

Scotiabank

Director Risk Run and Analytics

Toronto, ON · On-site

Role The Director, Market Risk and Counterparty Credit Risk Run and Analytics, will lead the technology teams responsible for production support, analytics platforms, and critical risk calculation ...

The Consumer Goods Forum

Manager Treasury

Toronto, ON · On-site

CA$120K - CA$130K/yr

Strong understanding of liquidity risk, counterparty risk, and funding risk * Familiarity with stress testing, scenario analysis, and capital/liquidity contingency planning * Strong communication ...

S&P Global

Credit Product Specialist

Toronto, ON · On-site

Support the design of client workflows involving credit underwriting, portfolio monitoring, financial analysis, counterparty risk, procurement risk, treasury, and enterprise risk management. * Help ...

Royal Bank of Canada

Director Market Risk

Toronto, ON · On-site

Partners with Market & Counterparty Credit Risk (MCCR) Risk Modernization and ALM Risk Transformation teams to collaborate on broader risk capture and reporting process improvements. * Develop and ...

New

Royal Bank of Canada

Analyst, WM-ICCM

Toronto, ON · On-site

Prepare borrower/counterparty risk analysis and propose internal ratings. Participate in due diligence meetings / calls * Timely completion of investment manager annual reviews, and RAF reviews for a ...

Barclays

Market Risk or Counterparty Credit Risk domain knowledge (ideally both) - enabling informed decision-making and risk-focused delivery. * Experience of working through the development lifecycle ...

next page

Showing results 1-20

All JobsCounterparty Risk JobsCounterparty Risk Jobs in Ontario

Counterparty Risk information

See Ontario salary details

$17

$56

$128

How much do counterparty risk jobs pay per hour?

As of Aug 12, 2026, the average hourly pay for counterparty risk in Ontario is $56.63, according to ZipRecruiter salary data. Most workers in this role earn between $35.58 and $62.98 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive in counterparty risk, and why are they important?

To excel in Counterparty Risk, you need a solid background in finance, quantitative analysis, and risk management, often supported by a degree in finance, economics, or a related field. Familiarity with risk assessment tools, financial modeling software, and systems like Bloomberg or Moody’s Analytics is typically required. Strong analytical thinking, attention to detail, and effective communication skills help professionals interpret data and present risk findings clearly. These competencies are crucial for accurately assessing counterparties’ creditworthiness and protecting organizations from potential financial losses.

What is counterparty risk?

Counterparty risk, also known as default risk, is the possibility that the other party in a financial transaction may not fulfill their contractual obligations. This risk is commonly found in trading, lending, and derivative contracts, where one party could default on payments or fail to deliver assets. Financial institutions often manage counterparty risk by assessing creditworthiness, setting exposure limits, and using collateral. Understanding and mitigating counterparty risk is crucial for maintaining stability in financial markets.

What is the difference between Counterparty Risk vs Credit Analyst?

AspectCounterparty RiskCredit Analyst
Primary FocusAssessing the risk of a counterparty defaulting on a financial obligationEvaluating the creditworthiness of individual borrowers or companies
Required CredentialsFinancial certifications, risk management trainingFinance, economics degrees, credit certifications
Work EnvironmentBanking, investment firms, risk management departmentsBanks, lending institutions, credit agencies
Industry UsageHigh in banking, trading, and financial servicesCommon in banking, lending, and credit sectors

While both roles involve financial analysis, Counterparty Risk focuses on assessing the risk of a counterparty defaulting, often in trading or derivatives, whereas Credit Analysts evaluate individual or corporate creditworthiness for lending decisions. Both roles require financial expertise and are vital in risk management within financial institutions.

Do counterparty risk analysts make good money?

Counterparty risk analysts typically earn competitive salaries that vary by experience, location, and industry. Entry-level positions may start around $60,000 annually, while experienced analysts can earn over $100,000, especially with certifications like CFA or FRM. The role often involves analyzing financial data and using risk management tools, which can influence compensation levels.

How does a counterparty risk professional typically collaborate with other departments to manage and mitigate risk exposures?

Counterparty Risk professionals work closely with teams such as Front Office, Credit Risk, Legal, and Operations to ensure a thorough assessment and management of risk exposures arising from trading or lending relationships. They are involved in reviewing and approving credit limits, monitoring ongoing exposures, and participating in stress testing exercises. Regular cross-team meetings and communication are essential to stay updated on client developments or market changes that could impact counterparty risk, fostering a collaborative environment that supports informed decision-making and effective risk mitigation.
What are popular job titles related to Counterparty Risk jobs in Ontario? For Counterparty Risk jobs in Ontario, the most frequently searched job titles are:
What job categories do people searching Counterparty Risk jobs in Ontario look for? The top searched job categories for Counterparty Risk jobs in Ontario are:
Counterparty Risk jobs near you
Infographic showing various Counterparty Risk job openings in Ontario as of August 2026, with employment types broken down into 1% As Needed, 79% Full Time, 18% Part Time, and 2% Contract. Highlights an 87% Physical, 5% Hybrid, and 8% Remote job distribution, with an average salary of $117,793 per year, or $56.6 per hour.

Senior Manager, Counterparty Credit Risk

Scotiabank

Toronto, ON • On-site

Full-time

Re-posted 9 days ago

Job description

Requisition ID: 260154 
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

A key member of the Counterparty Credit Risk group that has responsibility for providing risk oversight on counterparty credit risk arising from derivatives and securities financing transactions executed by the capital markets businesses in the bank globally. 

The CCR group is a centralized function responsible for identifying signs of credit deterioration in the trading product portfolio, measuring, monitoring, and reporting a variety of metrics associated with counterparty credit risk and escalating when exposures grow beyond established risk appetite. The incumbent is also responsible for keeping up-to-date with industry best practices and regulatory expectations.


Is this role right for you? In this role, you will:  

  • Provide counterparty credit risk oversight including the reporting and analysis of the following counterparty related information:
  • Provide independent quantitative and qualitative analysis of counterparty risk and insights for risk mitigation including correlation risks such as wrong-way risk (general and specific), as well as on the credit quality of collateral, concentration, and liquidity risks.
  • Exposure monitoring of counterparty credit risk arising from OTC derivatives and securities financing transactions.
  • Lead and develop two direct reports, including coaching and performance management.
  • Act as advisory to Credit Officers on distressed counterparties; identify and analyze leading indicators of emerging risks.
  • Provide analysis of market events on portfolio and counterparty risk, support Executive-level, Board, regulatory and other key CCR reporting of counterparty risk.
  • Develop a strong relationship and interface frequently with Management, Credit, Banking, Front Office, and other key stakeholders on various CCR matters.
  • Produce ongoing regulatory reporting and contribute to ad-hoc regulatory requests.
  • Assist with managing CCR policies.
  • Manage the development of reporting and analysis systems and business intelligence tools. 

Do you have the skills that will enable you to succeed in this role? - We'd love to work with you if you have:   

  • 5-10 years direct experience in market risk and/or credit risk of traded products.
  • Excellent grasp of counterparty credit risk metrics and underlying drivers / assumptions.
  • Advanced knowledge of derivative products valuation, trading businesses and markets.
  • Proven experience managing and developing high-performing teams in a complex environment.
  • Strong communication, quantitative and analytical abilities to identify issues and to debate different approaches with various stakeholders.
  • Strategic influencing and relationship building skills are required.
  • University degree in a business-related field. CFA/FRM certification is desirable.
  • Advanced knowledge of Power BI, Python, SQL and Unix is an asset.

What's in it for you?

  • The opportunity to join a forward-thinking and collaborative team, surrounded by innovative thinkers.
  • A rewarding career path with diverse opportunities for professional development
  • Internal training to support your growth and enhance your skills.
  • An inclusive working environment that encourages creativity, curiosity, and celebrates success!
  • The tools needed to create best-in-class student candidate experiences.

Location(s):  Canada : Ontario : Toronto 
Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.  
At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our  Recruitment team know. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.

Apply