Credit Risk Analyst

2 weeks ago


Oakville, Canada Finsana Full time

Solely considering applicants residing in Canada*_

Finsana is seeking a** Credit Risk Analyst** with proven problem-solving abilities to provide analytics expertise in support of its Fintech consumer lending business in Canada, USA, Chile, Colombia, and Panama. The successful applicant will assist the Senior Manager, Risk Strategy and Analytics, in developing, implementing, and managing the proper and appropriate level of risk analysis, monitoring and controls to ensure sound and consistent credit risk management practices to create the foundation for profitable growth. Additionally, he/she will provide in-depth analytics to support each Country Manager and liaise with various business units to meet their data requirements.

**Duties & Responsibilities**:
**Data mining, Modelling and Analysis**
- Conduct analytical dives to properly diagnose, document and report on the drivers of unexpected changes to portfolio/origination composition and credit performance across multiple countries.
- Communicate findings and the future impacts to losses to management.
- Assist Risk and Analytics leadership by supporting the development of risk models for the purposes of origination, account management and collections.
- Perform analysis leading to credit strategy optimization, including but not limited to customer risk segmentation development that improves the portfolio’s performance.
- Forecast, track and measure key business metrics including loss rates, approval rates, loan conversion rates, and credit quality for new initiatives and marketing campaigns.

**Forecasting and Reporting**
- Maintain a standard set of risk and performance reports that evaluate the overall credit risk of the portfolios.
- Monitor and maintain a comprehensive set of reports to identify delinquency and charge off trends at the vintage and segment levels.
- Assist Risk and Analytics leadership by providing an objective assessment of the risk profile and performance of the portfolio as well as the overall business unit by regularly monitoring key risk indicators, conducting periodic reviews, and consistently communicating findings.

**Requirements**:

- 3+ year’s experience as an analyst or in a similar position
- Strong knowledge of quantitative methodologies, risk models and tools.
- Strong technical knowledge of statistical analysis and modeling techniques.
- University Degree in Economics, Statistics, Mathematics, or a related discipline (advanced degree is desired).
- Possess a solid understanding of data extraction/mining/modeling tools including SQL, SAS, R, and Python.
- Superior analytical skills - ability to understand complex problems, detect trends, and understand data to develop and formulate solutions.

Why work with us?
- Competitive wages
- Paid personal and sick days
- Health, Dental, Life Insurance for you and your family
- The respect of work and family life balance
- Monday to Friday
- Strong culture and values centered around support and inclusiveness for all our employees.
- Employee Referral Program
- RRSP Program

**Schedule**:Monday to Friday - Hybrid work model


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