Analyst, Credit Risk
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Job Summary
At EQ were remaking banking so every Canadian gets ahead every day. Serving nearly 4 million Canadians from coast to coast we offer a wide variety of financial services from banking and lending to trust and credit union solutions.
Weve been at this since 1970 challenging the conventions of traditional banking with smarter faster and more connected financial experiences.
Whats kept us moving The people behind it all: challengers who ask better questions push back on old assumptions and look for a better way forward.
If youre driven to help reshape how banking works for Canadians and the businesses that power our economy this could be your next big opportunity. We cant wait to get to know you!
We cant wait to get to know you!
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.
Core Responsibilities
Portfolio Analytics:
- 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
Quality Assurance:
- 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
Lets Talk About You
- 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.
Equity Diversity & Inclusion
EQ is committed to building an inclusive accessible environment where every employee feels valued respected and supported. We believe our organization is stronger and our people thrive when we honour and celebrate diverse experiences identities and perspectives. Were equally committed to supporting your growth both professionally and personally.
We provide a barrierfree recruitment process and work environment. If you require accommodations at any stage we will work with you to ensure you can bring your best self to the process and beyond.
As part of our recruitment process EQ uses AI to help screen assess and/or select applicants for this position. All AI-enabled outputs are reviewed and validated by our talent team. All candidates considered for hire must successfully complete a criminal background check and credit check. While we appreciate every application an EQ recruiter will contact only those whose skills and experience most closely match the requirements of the role.
EQB Inc. (TSX: EQB) is the parent company of Equitable Bank the countrys seventh-largest Schedule I bank by assets which operates EQ Bank Canadas Challenger Bank. EQB Inc. serves nearly 4 million Canadians and manages approximately $150 billion in combined assets under management and administration.
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Required Experience:
IC
About Company
At Equitable Bank, we specialize in providing branchless financial services that meet the unique needs of all Canadians. Our range of mortgages, savings accounts and investment options are designed to offer the right solutions to match any unique circumstance.
