Senior Analyst, Credit Risk

Questrade Financial Group•Toronto, ON

1d•Hybrid

About The Position

Questrade Financial Group (QFG) is seeking a Senior Analyst, Credit Risk to be responsible for credit risk-related analytics, modeling, monitoring, reporting, and insights. This role involves leveraging analytics and subject matter expertise to generate loss forecasts and portfolio performance, making data-driven recommendations for credit strategy and methodologies. The analyst will also develop, validate, execute, monitor, and refit predictive risk models, such as probability of default and Loss Given Default modeling for IFRS 9. The position requires performing analyses on large datasets using tools like Python, SQL, BIG Query, and Power BI, and generating reports on model, product, and portfolio performance. The Senior Analyst will collaborate with a cross-functional team on credit strategies, decisioning processes, and forecasting models.

Requirements

Hold a Bachelor’s degree or higher in a quantitative discipline e.g., Mathematics, Statistics, Economics
Have 2+ years of analytics and segmentation experience in financial services, preferably in retail lending
Have advanced coding skills in Python and SQL
Have experience in model development, validation, execution, and monitoring, including statistical and forecasting models
Are passionate about analytics
Have the ability to learn and apply new tools
Have number sense and ability to drill down
Bring a positive, can-do mindset to our organization, using creative solutions to solve challenges
Are a strong team player who motivates others to achieve group success
Establish and build on healthy working relationships with your team and peers
Use open communication and collaboration to solve problems and manage deliverables
Work well in a dynamic and fast paced environment with the ability to navigate through organizational change

Nice To Haves

Have experience with credit card and mortgage portfolios
Have proficiency / certification in Microsoft Power BI
Have experience with BIG Query and Data Bricks
Have a good understanding of credit risk management

Responsibilities

Loss forecasting.
Portfolio analytics and reporting.
Developing, validating, executing, and monitoring risk models.
Developing underwriting criteria for adjudication of retail lending products.
Supporting the implementation of models and strategy in the production system working with Technologies.
Developing and maintaining documentation for reports, models and strategy.
Generating insights and communicating the insights and their implications to the team and to senior leadership.
Devising a Test & Learn approach in credit decisioning.
Tracking credit strategy performance.
Conducting model performance tracking and validation.
Recommending changes in credit strategy based on credit performance.
Proactively identifying issues and conducting root cause analysis.
Impact assessment.
Data processing using Python and data manipulation using Microsoft Power BI.