Manager, Credit Modeling and Strategy

Questrade Financial Group•Toronto, ON

2d•CA$110,000 - CA$140,000•Hybrid

About The Position

Questrade Financial Group (QFG) is seeking a Manager, Credit Modeling and Strategy to develop credit modeling and strategies for credit cards and other lending products. This role involves in-depth modeling and credit strategy development, focusing on NPV optimization and instrumental in launching new credit products. The company emphasizes human-centric collaboration with AI-driven innovation to redefine financial services and aims to transform customer experiences and empower teams through AI. QFG offers a diverse, inclusive, and hybrid workplace with opportunities for creativity and curiosity.

Requirements

University degree in a quantitative field, Economics, Business, Statistics, Mathematics, Engineering or equivalent
4+ years of experience analyzing credit card data, developing credit modeling using statistical techniques and ML techniques
Experience with developing credit strategies for adjudication, account management and transaction monitoring
Highly proficient in data analysis tools (SAS, Python, R, SQL)
Hands-on experience with credit model development using, Logistic Regression, Linear Regression, GLM, Gradient Boosting and other modeling techniques
Deep understanding of credit modeling along with strategy optimization based on NPV
Familiarity with decisioning platforms such as Triad, FICO DMP, Provenir, etc.
Highly organized, detail-oriented and can initiate proactively
Able to work independently and handle the pressure of tight timelines
Able to draw conclusions and provide explanations to make recommendations based on analysis
A problem solver with analytical and conceptual thinking
Leadership experience and a proven ability to collaborate with business leaders to drive analytically-based strategies
Strong work ethic, curious and persistent determination in reviewing and reconciling variances

Responsibilities

Assisting in the design, coding, and testing of credit strategies for various lending products and the full credit lifecycle of customers.
Supporting the development, execution and monitoring of credit strategies for adjudication, account management and transaction monitoring.
Identifying and defining data requirements from internal and external sources for credit modeling for new products.
Establishing applicable modeling techniques with rationale.
Designing optimization driven credit strategy framework instead of rules-based criteria.
Identifying and escalating material credit risks and trends.
Maintaining full documentation with appropriate version controls for all official models, strategy and policies.