Reporting Analyst, Credit Risk

Coastal Community•Nanaimo, BC

3h•CA$72,535 - CA$90,173•Remote

About The Position

This opportunity offers the ability to work remotely from anywhere in British Columbia. Reporting to the AVP, Credit Risk & Portfolio Monitoring, the Reporting Analyst, Credit Risk is responsible to ensure accurate and timely financial data analysis for the Risk Management team. Responsibilities include gathering, validating, and cleaning financial data, collaborating with departments to identify key risk indicators, implementing metrics and models, and maintaining data governance. The analyst conducts in-depth data analysis to identify trends and outliers, providing insights to support decision-making. Generating regular risk reports and dashboards, integrating Power BI reports, and automating processes for efficiency are key focuses. The Reporting Analyst, Credit Risk also ensures compliance with regulations, communicates findings to non-technical stakeholders, and assists in regulatory audits. Overall, the role contributes to the institution's risk management strategy through effective data management, analysis, and process improvement.

Requirements

Successful completion of a bachelor’s degree in a related discipline (e.g., Data Science, Finance, Statistics, Business Administration)
Minimum of two (2) years’ experience in a financial institution
Understanding of credit union operations, principles, and values.
Familiarity with risk management concepts, ECL models, and financial instruments.
Proven experience in data analysis, preferably in a financial institution or a risk management environment.
Excellent analytical and problem-solving skills.
Detail-oriented with a commitment to data accuracy.
Effective communication skills, both written and verbal.
Ability to work collaboratively in a team-oriented environment.
Strong proficiency in data manipulation and data visualization tools including SQL, DAX, Power BI, or similar business intelligence platforms.
Strong technical knowledge of banking system and the retail and commercial loans origination systems.
Strong knowledge of internet and web-based applications.
Proficient in Microsoft Office suite of products.

Responsibilities

Responsible to gather, validate, and clean financial data from various sources to ensure accuracy and completeness.
Collaborate with different departments to identify key risk indicators, understand data requirements and ensure the availability and integrity of relevant information.
Develop data requirement specifications for banking system and other systems.
Implement and maintain metrics and models for risk measurement and analysis.
Implement and manage security measures, ensuring that sensitive information is appropriately restricted.
Responsible for audits, managing the integrity of credit reporting/LOS/banking system source data and ensures the effectiveness of established controls.
Responsible to document and maintain data lineage to support data governance and compliance requirements.
Responsible for conducting in-depth analysis of risk-related data to identify trends, outliers, and potential areas of concern.
Provide insights and recommendations based on data analysis to support decision-making within the Risk Management team.
Responsible for designing and generating regular risk reports and dashboards for internal stakeholders and regulatory bodies. Integrate Power BI reports into other applications or platforms used within the financial institution. Create ad-hoc reports to address specific inquiries or emerging risk issues.
Identify opportunities for process automation to streamline data collection and reporting procedures. Continuously improve existing reporting processes to enhance efficiency and accuracy.
Collaborate with Finance, Compliance, and IT, to ensure alignment of risk reporting activities with broader organizational objectives.
Responsible to communicate findings and insights to non-technical stakeholders in a clear and concise manner.
Stay informed about relevant regulations and ensure that risk reports comply with industry standards and regulatory requirements.
Assist in the preparation of documentation for regulatory audits and examinations.