Senior Retail Credit Risk Analyst Jobs

3-5 years of demonstrated mortgage lending and/or risk management experience with focus on analytics in a mortgage lending environment

Perform analytics to measure and monitor credit risks and trends and prepare monthly and quarterly reports for Senior Management

Review Mortgage Lending material exceptions and provide support / decline rationale to Senior Management

Degree in quantitative field – Finance, Statistics, Economics, Math, Physics, Actuarial Science, or equivalent work experience

Strong verbal communication and presentation skills

Responsible for advanced analytics using Alteryx and Power BI to communicate opportunities for risk mitigation and to identify pending risks

Prior experience decisioning credit with an active designated lending authority.

University degree in Business or Finance.

Knowledge of the Canadian insurance industry, leverage loans and insurance policy lending.

Prepare credit proposals above delegated lending limits for approval by the appropriate individual, committee or Board of Directors. (5%)

Highest level of professionalism, self-motivation and sense of urgency with the ability to work successfully with minimal supervision.

High proficiency with Microsoft Office applications.

Experience working in an analytical role in Credit Risk or a related function

Skilled in the use of SAS, SQL or similar tools (you'll be using these daily)

Experience deriving insights from data and driving the development of business strategies e.g Credit Risk, Fraud, Marketing, Digital etc

Monitor portfolio performance and Credit Risk using analytical techniques to optimise the performance of the book

Analyse large data sets using SAS, SQL to find trends, forecast performance and provide Credit Risk insights

Investigate and make recommendations on the development of strategies, scorecards and policies

6-10 years experience usisng codes for statistical modeling of large data sets

Bachelor’s/University degree or equivalent experience, potentially Masters degree

Integrates subject matter and industry expertise within a defined area.

Contributes to data analytics standards around which others will operate.

Resolves occasionally complex and highly variable issues.

Responsible for volume, quality, timeliness and delivery of data science projects along with short-term planning resource planning.

Experiences And Skills You’ll Use To Solve

Significant experience and proven ability in at least one of the following programming languages/softwares: Python, R, SQL, SAS, C++, etc.

AI and machine learning model development and validation

Model risk governance and controls related activities supporting clients in managing model risk across multiple asset classes

Build and maintain effective, trusting and collaborative client relationships

Development, implementation and assessment of quantitative credit risk measurement methodologies

Prepare (ad hoc and regular) reports, summaries and opinions on new, renewal and existing accounts for the Management Risk Committee meetings.

Minimum of 5 years of experience in credit adjudication

Technological Proficiency (specifically with advanced Microsoft Excel skills);

Customer First - We earn the right to be our clients’ first

Integrity - We hold ourselves to the highest standard to build trust.

Collaborative - We always win as a team.

Working with Financial Engineers, Business Analysts and software architects to design new features based on client requirements

3+ years’ experience in server-side programming in Java or Kotlin

Strong analytical and problem solving skills

Experience building and debugging distributed, high performance, multi-threaded applications

Flexibility: Hybrid Work Model & a Business Casual Dress Code, including jeans

Your Future: RRSP Matching Program, Professional Development Reimbursement

Minimum 3-5 years of relevant experience in a team leading/people management capacity

Solid knowledge of supervisory/regulatory requirements as it pertains to credit risk models, including IFRS 9,AIRB, and CCAR

Be encouraged to deepen your technical skills…whatever those may be.

Enjoy flexible, proactive, and practical benefits that foster a culture of well-being and connectedness.

Experience MyFlex and an agile work environment where work is what you do not where you do it

Solid knowledge of common practices in credit risk, including expected loss (PD, LGD, EAD) methodologies;

4+ years' experience data management, data analytics, application development experience is required

Work with the Project Owner, Project Sponsor and Project Manager to document the project vision and the projects scope.

Thoroughly understand and communicate stakeholder requirements and distribute relevant information, documentation and artifacts to project stakeholders

Elicit requirements using interviews, document analysis, requirements workshops, surveys, use cases, scenarios, business analysis and workflow analysis

Develop and execute function, end-to-end test cases to ensure requirements are met

Responsible for data analysis, profiling, data mapping, data lineage activities to support business requirements, and data governance requirements

Manage all deliverables for new store openings, coordinating internally, with OSL and with field leaders to ensure flawless openings

Manage tickets and field escalations from retail partners

Advanced knowledge of Microsoft Office (Excel, Power-Point, Forms, Word)

3-5 years’ business acumen experience

Named one of Canada’s Best Managed Companies

Perform cost analysis and forecasting for Labor Hours, T&E, and Staff Incentives

Experience with loan origination systems, decision engines, and in planning strategies for new account origination and account management.

Knowledge of risk management practices, to effectively dispute current practices and undergoing efforts.

Apply observations/trend analysis and assist to Management to identify risks and opportunities to the current business forecast, as applicable.

Formalize local originations, accounts management and collections policies and its compliance with established Global Risk Policies and make recommendations.

Knowledgeable of the lifecycle credit process and policies and possesses a solid understanding of retail products, industry and market trends.

Knowledgeable of credit data structure and its data point access to nurture analysis as required

Candidate Requirements/Must Have Skills (in order of priority):

• 5+ years’ professional experience writing and designing SQL queries (intermediate to advanced skills)

• Reason for request: New Project Requirement

• 10+ years’ experience within in the capacity of a BA/BSA

• 5+ years within capital markets or 3+ years’ experience within FX/Credit Risk

• Working knowledge of Unix

Work with the Project Owner, Project Sponsor and Project Manager to document the project vision and the projects scope.

Play a key role in understanding and evolving data-engineered solutions to enable the risk modeling capabilities of our RMA business partners

Thoroughly understand and communicate stakeholder requirements and distribute relevant information, documentation and artifacts to project stakeholders.

Elicit requirements using interviews, document analysis, requirements workshops, surveys, use cases, scenarios, business analysis and workflow analysis.

Develop and execute function, end-to-end test cases to ensure requirements are met

Responsible for data analysis, profiling, data mapping, data lineage activities to support business requirements, and data governance requirements.

Perform annual reviews and customer re-ratings as assigned. Ensure compliance with global and local credit and risk management policies.

Expertise with financial analysis and credit risk management

Ability to work from home remotely/independently and in a virtual team environment

Flexible hours with possibility to work from home

Check this link to an overview of all benefits in your region.

7-10 years relative work experience

Experience with TRIAD/TSYS or other account management systems would be an asset

Lead the strategy development and processes for credit limit management, authorization, pricing, re-issue, reviews, OTB management, and overlimit

All Customer Management Strategies (Line Management, Authorization, Overlimit, Pricing, Re-issue, Review)

Redesign account management strategies where necessary to leverage the new functions available in TRIAD and TSYS

Leverage Champion / Challenger capabilities wherever possible to confirm assumptions and justify changes

Bachelor’s degree or higher in Business or quantitative field such as Finance, Economics, Sciences, Math, Engineering or Computer Science

7 years’ financial risk management / analytics experience with Financial Institutions or Consulting firms

Thorough understanding of risk concepts such as Probability of Default (PD), Loss Given Default (LGD), capital management, stress testing, ICAAP

Experience in ESG frameworks or Climate Risk frameworks in the financial institutions industry or in consulting services.

Self starting attitude, Critical thinking, intellectual curiosity, and problem-solving abilities

Learning opportunities to develop new skills and progress your career

Skills And Attributes For Success

2+ years combined experience in subcontractor default insurance, surety underwriting, financial analysis, construction risk management, or construction insurance

Adhere to established subcontractor / supplier management protocols and strategies to manage subcontractor performance.

Support the department with records management for new claims and track the progress existing claims.

Participate in internal training with the business to educate and support in order to promote responsible risk management practices.

Coordinate prequalification of subcontractors for the subcontractor default insurance program based on established corporate risk appetites and growth objectives.

Work with project teams to ensure that subcontractors / suppliers comply with applicable contractual performance security requirements.

Experience in risk management including portfolio monitoring and reporting

Strong organizational and time management skills

Provide written QC results to the Business Unit and Senior Management on a monthly basis.

Competitive compensation and benefits packages

Manage the Independent Credit monitoring reports.

Develop a comprehensive understanding of CTC lending policies and regulatory requirements.