Senior Risk Analyst
Role Overview
Reports to the VP, Risk & Compliance and supports retail, small business commercial and enterprise risk management programs.
Helps ensure the effectiveness of the enterprise risk management framework and that approved lending meets policies, regulations and risk appetite.
Reports credit and enterprise risk performance findings, identifies trends and recommends best practices.
Key Skills for This Role
Full Job Posting
Position overview
Reports to the VP, Risk & Compliance and supports retail, small business commercial and enterprise risk management programs.
Helps ensure the effectiveness of the enterprise risk management framework and that approved lending meets policies, regulations and risk appetite.
Reports credit and enterprise risk performance findings, identifies trends and recommends best practices.
Credit risk
- Oversees credit risk for retail, small business and commercial lending as the second line of defence.
- Reviews credit governance, risk oversight, portfolio performance, policy setting and authorization limits.
- Develops credit assessment guidelines for disbursed loans and mortgages and lending quality objectives.
- Supports risk owners in developing monitoring metrics, performance indicators and risk indicators.
- Monitors lending and market trends, loan quality assessments and loan loss provisions.
Enterprise risk management
- Supports ERM execution, including risk and control self-assessments, change management risk assessments, operational risk events, key risk indicators, issues and actions, and third-party risk management.
- Maintains an ERM reporting framework to analyze and highlight key risk areas, themes and concerns.
- Tracks and reports risk issues and action plans, and validates remediation identified through assessment and testing.
- Engages business units to identify risks and assess internal controls, supporting improvements where appropriate.
- Contributes to ERM reporting for senior management, the Board and its committees.
Education and experience
- Bachelor’s degree in Accounting, Finance or Business Administration.
- At least 3–5 years of Credit Risk Management experience.
- At least 3–5 years performing Risk Management, Operational Risk or Enterprise Risk Management.
- Financial services experience is considered an asset.
Knowledge and skills
- Working knowledge and analytical skills in retail, small business and commercial analysis, balance sheets, cash flow mechanics and business plans.
- Knowledge of Microsoft Office products, specifically Excel, and a strong understanding of regulatory requirements.
- Excellent communication, presentation and interpersonal skills; decision-making ability and data analysis experience.
Location
- The posting lists a work location at 3455 North Service Road, Burlington, Ontario.
Target salary range
- Target salary range is $75,000–$90,000; no compensation cadence is stated.
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