Senior Credit Risk Analyst (ATH 5209)
About The Position
Retail Risk Management is responsible for the development and execution of risk strategies and initiatives that assist our key business partners in achieving growth and profitability while maintaining the overall risk quality of lending portfolios. As part of RRM, the Credit Allowance Forecasting and Analysis team is responsible for Credit Loss Allowance across all Retail product portfolios. The mandate includes ownership of consolidated credit loss reporting, allowance forecasting and oversight of the Expected Loss models used for IFRS9 allowance, and analysis and insight on loss performance to ensure sufficient reserve set aside for Canadian Retail exposures.
Requirements
- Post-secondary degree in a quantitative field such as Mathematics, Statistics, Economics, Computer Science and Engineering would be an asset
- Knowledge in retail banking products, IFRS9 framework, allowance calculation, predictive modelling and forecasting is a definite asset
- Excellent working knowledge and hands-on experience using Python, SAS and SQL in the context of data manipulation, data mining, and analysis
- Good working knowledge of various AI tools for process enhancement is an asset
- Demonstrated strong analytical, and problem-solving skills
- Excellent verbal and written communication skills
- Solid time management, organizational and multi-tasking skills
- Able to learn new concepts and techniques quickly
- Advance skills in Excel, Word, and PowerPoint combined with Copilot experience
- Must be a good team player
Responsibilities
- Lead the comprehensive ECL analysis for Retail Products, including attribution of key drivers, variable impact, and explanation of variances to inform management decision to ensure risks are only being taken that we understand
- Develop and maintain credit loss estimate techniques to support key allowance methodology development
- Work with our Risk Management and Product partners to research and develop value added analysis
- Support all Risk business partner inquiries and analysis pertaining to ECL
- Support the management adjustment process, a key process in the ECL reporting and forecasting
- Be able to use analytical skills and business intuition to understand the scale of risk, identify risk trends, explain drivers to non-technical audience, and recommend a course of action.
- Establish, maintain, and improve the management review and governance control framework to meet audit and accuracy standards
- Support the ECL forecasting and planning methodology
- Continue improving the BAU processes to support of IFRS9 reporting & forecasting.
Benefits
- health and well-being benefits
- savings and retirement programs
- paid time off
- banking benefits and discounts
- career development
- reward and recognition programs
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
Associate degree
