POSITION SUMMARY:Join HomeEquity Bank's growing Risk Management team and help shape the future of responsible lending in Canada's reverse mortgage market.
In this role, you will be a key driver in advancing the Bank's Credit Risk Management Program through data, analytics, and cross-functional collaboration, with expansion to areas like climate risk. As part of the second line of defense, you'll provide independent challenge, analytical insights, and strategic guidance that empower informed decision-making across the organization.
Beyond traditional risk activities, this position offers exciting exposure to emerging disciplines such as climate and geolocation risk analysis, reflecting the Bank's forward-looking commitment to regulatory compliance, sustainability, and innovation. You'll collaborate closely with teams across Product, Data & Analytics, and Operations to translate data-driven insights into actionable risk strategies that strengthen our portfolio and protect our customers.
Key Responsibilities:- Credit and Operational Risk Oversight - Conduct comprehensive risk assessments, control effectiveness testing, and monitoring activities across Credit, Mortgage Lending, and Operations.
- Insightful Reporting & Data Visualization - Build and enhance data-driven risk dashboards using a combination of visualization tools, produce analytical insights for senior management and Board reporting.
- Analytics Model Development and Validation - Perform risk-based credit model development and enhancement, validation of credit models and support analytic reviews leveraging SQL, Python, Pyspark or data visualization tools.
- Product/Project & Initiative Risk Reviews - Evaluate new products, projects, and initiatives against the Risk Appetite Framework to ensure strategic and regulatory alignment.
- Advisory & Challenge - Review escalated credit cases, perform enhanced due diligence, and provide independent recommendations to senior leaders on risk suitability.
- Continuous Improvement - Strengthen policies, procedures, and frameworks to embed best practices in credit and enterprise risk management.
- Issue Management & Audit Support - Partner with business units to address audit or regulatory findings using data and analytics, ensuring timely and sustainable remediation
- Promote Risk Culture - Foster awareness and understanding of credit, operational, and fraud risk across the Bank through collaboration, communication, and training.
- Drive Enterprise Risk Excellence - Support the execution and continuous improvement of the Bank's ERM framework to ensure consistency, transparency, and alignment with risk appetite and business strategy.
- Innovation in Risk Practices - Contribute to cross-functional projects such as expanding GRC platforms or integrating new data domains, including geolocation and climate risk analytics.
SKILLS AND EXPERIENCE REQUIRED:Qualifications
- Bachelor's degree with 7+ years of experience in data and analytics, ideally within financial services with experience in risk management (Good-to-Have: Familiarity with OSFI regulatory frameworks (e.g., B-20, B-15, E-21, E-23) and practical experience applying them in a financial institution.
- Advanced proficiency in MS Office, with experience using data visualization tools (e.g., Looker, Tableau, Power BI).
- Working knowledge of SQL, Python and Pyspark and tools like databricks to support data-driven risk insights, and familiarity with using AI tools to improve code productivity.
- Data Exposure: financial data, operation data and climate or geolocation data analysis considered an asset.
- Proven experience designing, executing, and communicating risk assessments, monitoring, and testing programs.
- Strong knowledge of credit life-cycle management and industry best practices in enterprise and credit risk.
Attributes for Success
- Strong analytical and problem-solving mindset with high attention to detail; high intellectual curiosity with the aptitude to continuous learning.
- Strong verbal and written communication skills, capable of presenting complex findings clearly and managing communications with sales, operations and products.
- High professional integrity and collaborative spirit, with ability to manage multiple priorities with minimal supervision in a fast-paced environment.
- Self-starter with a growth mindset, eager to learn and contribute to meaningful impact.
WORKING CONDITIONS UNIQUE TO JOB- Standard office environment (hybrid flexibility available, 3 Days in-office)
- Opportunities for professional development, cross-functional collaboration, high visibility, and exposure to emerging risk disciplines such as climate risk, data analytics, and model governance.
