Senior Risk Analyst - WealthONE

Full time | Mid-Senior Level | Reports to the Chief Risk Officer (CRO)

The financial services industry is undergoing significant disruption driven by consumer demand for new and innovative products and services, more robust security and an enhanced, seamless user experience.

As one of Canada’s fastest growing digital banks, WealthONE opened in 2016 to provide unique financial solutions to help Canadians achieve their financial goals.

Position Summary

Reporting to the Chief Risk Officer, the Senior Risk Analyst is a key member of the Risk Management team. In this role, you will identify, assess, and communicate potential risks that could impact the organization's objectives.

Provide guidance on a range of risk related matters and design and implement risk reporting and key analytics to support the overall Risk Management function for the Bank with a focus on the Bank’s lending products spanning the entire credit life cycle – originations, portfolio management, collections, and fraud mitigation.

Key Responsibilities

• Design and implement risk reporting across the credit life cycle, using analytics and data to support the Banks policies, regulatory requirements, risk strategy, and business decisions and objectives.
• Collaborate with team members on the enhancement and utilization of a datamart.
• Work closely with the CRO to create Board Reports and communications to Regulators.
• Present to the executive team and extended management team periodically on matters relating to risk management
• Collaborate with various departments (IT, Finance, Operations, Compliance etc.) and data owners to create insights using analytical tools to enhance Risk Management.

Who You Are

• You engage with purpose, sound judgement, and professionalism to find the right solutions. You go the extra mile because it’s the right thing to do.
• You’re passionate about people. You like to build relationships and trust through respect, accountability, and authenticity.
• You are an industry professional with an Undergraduate degree or technical certificate.  As a professional, you have 3+ years of relevant analytical work experience, sound knowledge of the financial industry, risk processes and methodologies, and excellent analytical, judgement and decision-making skills.
• You have what it takes and are energized by a fast-paced, dynamic working environment where teamwork is key to success.
• You know that attention to detail and discretion when dealing with confidential and sensitive information matters.
• As a creative problem solver, you know how to analyze data to better understand potential risks, concerns, and outcomes of decisions.
• You have excellent MS Office skills – Word, Outlook, Excel and PowerPoint and a strong command of SQL, VBA and/or other programming languages.

What You Need to Know

At WealthONE, our people are our greatest asset. You’ll become part of a diverse and growing team that acknowledges everyone’s unique talents to do what’s right for the client, and to do it well. As part of our team, you will:

• Thrive: Benefit from an open and approachable culture that provides the flexibility and support you need to integrate your life at work and at home.
• Connect: Work in a place that fosters creativity and collaboration.
• Develop: Apply your skills and grow your career in a young, fast-growing environment.
• Prosper: Share in our collective success with a competitive salary, incentive pay, and excellent health benefits program.

WealthONE is an equal opportunity employer committed to creating an inclusive environment where all team members and clients feel like they belong.

While we are based in Toronto, this role can be conducted from any location across Canada. Our preference is for the incumbent to be Toronto based as work in the Toronto Head Office may be required. You also need to be legally eligible to work in Canada.

To learn more, please visit us at Wealth One Bank of Canada - About Us