Analyst, Credit Risk

EQ Bank | Canada's Challenger Bank•Toronto, ON

43d

About The Position

We are seeking a skilled Analyst to join our Credit Risk team. This role will involve portfolio analytics, quality assurance, ad-hoc analysis and reporting across retail lending. The ideal candidate will possess expertise in evaluating the portfolio for actionable insights critical to decision-making. The Analyst, Credit Risk, reports to the Director, Credit Risk Management, and supports the leadership team with respect to the management of credit risk across the Bank.

Requirements

Minimum 1 years of experience in the financial services industry
Post-secondary education (diploma/degree), in a quantitative field (Statistics, Mathematics, Computer science, Economics, Business Administration, Finance)
An understanding of the overall Banking Industry, particularly the Credit Risk Management Lifecycle for mortgages and related products.
1-2 years experience in business analysis, business process, data analysis, data mining, data visualization and reporting, including project and co-op work.
Solid proficiency in Python, SQL, Power BI, Excel, PowerPoint, and overall Microsoft Office.
Strong analytical skills, attention to detail, and ability to interpret complex data.
Excellent communication skills, both written and verbal.
Ability to thrive in a dynamic, fast-paced environment.
Understanding of regulatory requirements pertaining to credit risk management.

Responsibilities

Monitor the credit card loan portfolio and perform analytics for identifying relevant trends, insights and provide ad-hoc credit risk reports to members of senior management and to support quarterly board reporting
Assisting in the development and implementation of strategic risk management initiatives
Collaborating cross-functionally to provide valuable insights supporting decision-making processes
Generating and presenting reports, leveraging strong proficiency in SQL, Python, Power BI, PowerPoint and Excel.
Liaise with leaders in all functional areas of credit risk management to understand performance pertaining to complete product lifecycle: Account Acquisition, Portfolio Management, Collections, and Fraud
Support credit and fraud loss forecasting endeavors by incorporating and communicating emerging credit risk trends
Review and validate the completeness and accuracy of financial, corporate, and credit documentation and results, ensuring consistent data integrity in internal systems.
Identify and document QA observations, including potential fraud indicators or emerging risk trends, and support frontline teams in addressing these issues.
Produce monthly reporting package that monitors overall credit quality of the portfolio, determines if the bank is operating within the established risk appetite, and provides oversight and governance of credit risk strategies