Credit Risk Analyst

4 months ago

Toronto, Canada Sun Life Full time

You are as unique as your background, experience and point of view. Here, you’ll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world.

The Analyst, Credit Risk Methodology and Analytics, will report to the Director, Internal Risk Rating, and is responsible for supporting the development and maintenance of advanced quantitative credit risk models and risk metrics at Sun Life.

As part of the Credit Risk team, the analyst will focus on the Risk Rating models development and monitoring, management and maintenance of the Investment Credit Risk System (ICRS), as well as portfolio level Credit Risk measurement (such as Earning-at-Risk (EaR), Capital-at-Risk (CaR) and Expected Credit Loss (ECL)), management and reporting, based on regulatory requirements and internal risk management standards.

**What will you do**
- Work on the development, enhancement, maintenance, and monitoring of quantitative and hybrid Probability of Default (PD) and Loss Given Default (LGD) models for different assets and portfolios.
- Generate and implement quarterly IFRS9 ECL analysis for total company and business groups, and ensure that risk rating data used in risk appetite measures like Earning-at-Risk and Capital-at-Risk are accurate and any required changes are completed accurately and timely.
- Work on the Credit Risk feed generation process, reconciliation process, IFRS 9 ECL estimation, stress testing and other portfolio risk metrics estimation and reporting, including automation and process improvements.
- Document of the Credit risk measurement and management process, models and non-model EUCs, model validation findings resolutions.

**What do you need to succeed?**
- 1-2 years experience in quantitative risk functions in insurance companies, banks, or highly respected consulting firms is strongly preferred.
- Understanding of Fixed income financial instruments and associated risk metrics, C&I, CRE portfolios, stress testing, back testing, etc.
- Strong coding skills in environments such as Python, R, SQL, or VBA.
- Strong communication, presentation, and public-speaking skills.
- Experience in development or monitoring of quantitative credit risk and risk rating models for different asset types and portfolios.
- Good understanding of accounting standards related to the insurance industry, especially IFRS 9 and IFRS 17.

**Assets**
- Professional qualifications (CFA, FRM, etc.) are considered beneficial.

**What's in it for you?**
- Time off giving you the flexibility to focus on the moments that matter including 15 vacation days per year
- Flexible Benefits from the day you join to meet the needs of you and your family
- Pension Plan participation starts immediately, and you are automatically enrolled. We help you save more with Sun Life automatic and matching contributions and by including both your salary and bonus when making
- contributions.
- The opportunity to move along a variety of career paths with amazing networking potential
- Flexible hybrid work model
- Work and professional development that is united by our Purpose: to help Clients and Employees achieve lifetime financial security and live healthier lives
- A friendly, collaborative, and inclusive culture
- We’re honoured to be recognized as a 2024 Best Workplace in Canada by Great Place to Work® Canada
- Sun Life ranked one of the 2023 Global 100 Most Sustainable Corporations in the World on the Corporate Knights’ 2023

LI-Hybrid

At Sun Life we strive to create a flexible work environment where our employees are empowered to do their best work. Several flexible work options are available and can be discussed throughout the selection process depending on the role requirements and individual needs.

We thank all applicants for showing an interest in this position. Only those selected for an interview will be contacted.

**Salary Range**:
56,000/56 000 - 91,000/91 000

**Job Category**:
Risk Management

**Posting End Date**:
27/09/2024

  • Risk & Credit Analyst

    2 weeks ago

    Toronto, Canada Questrade Financial Group Full time

    Questrade Financial Group (QFG) of Companies is committed to helping Canadians become much more financially successful and secure. We are everything a traditional financial institution is not. Our vision is to revolutionize financial services for the benefit of Canadians by providing the most innovative and cost efficient financial services online. That’s...

  • Business Analyst

    1 day ago

    Toronto, Canada Atlantis IT group Full time

    **Role: Business Analyst Credit Risk** **Location: TORONTO, ON** **Duration - Long Term** Business Analysis, Credit Risk - Information Services, TLM Configuration - Credit Risk Experience and FRTB experience - Market Risk Experience - End to End requirements gathering and creation of documentation - Strong SQL skills Credit Risk and FRTB Analyst 5 +...

  • Analyst, Credit Risk

    4 weeks ago

    Toronto, Canada Brookfield Asset Management, Inc Full time

    **Location** Brookfield Place - 181 Bay Street **Business - Wealth Solutions** Brookfield Wealth Solutions (BWS"; NYSE/TSX: BNT) is focused on securing the financial futures of individuals and institutions through a range of retirement services, wealth protection products and tailored capital solutions. Through our operating subsidiaries, we offer a broad...

  • Junior Risk

    5 days ago

    Toronto, Canada Questrade Financial Group Full time

    Questrade Financial Group (QFG) of Companies is committed to helping Canadians become much more financially successful and secure. We are everything a traditional financial institution is not. Our vision is to revolutionize financial services for the benefit of Canadians by providing the most innovative and cost efficient financial services online. That’s...

  • Junior Risk

    8 hours ago

    Toronto, Canada Questrade Financial Group Full time

    Questrade Financial Group (QFG) of Companies is committed to helping Canadians become much more financially successful and secure. We are everything a traditional financial institution is not. Our vision is to revolutionize financial services for the benefit of Canadians by providing the most innovative and cost efficient financial services online. That’s...

  • Credit Risk Analyst

    8 hours ago

    Toronto, Canada KEB Hana Bank Canada Full time

    **Job Title**:Credit Risk Analyst - **Dept./Br.**:Credit Department - Credit Planning - **Reports to**:Manager, Credit Department - Credit Planning and Vice President, Credit Department - Credit Planning **JOB SUMMARY** “Credit Risk Analyst” is responsible for completing analysis, submissions for portfolio monitoring reports to related stakeholders and...

  • Analyst, Credit Risk

    1 month ago

    Toronto, Canada Brookfield Asset Management, Inc Full time

    **Location** Brookfield Place - 181 Bay Street **Business - Wealth Solutions** Brookfield Wealth Solutions (BWS"; NYSE/TSX: BNT) is focused on securing the financial futures of individuals and institutions through a range of retirement services, wealth protection products and tailored capital solutions. Through our operating subsidiaries, we offer a broad...

  • Business Analyst

    4 weeks ago

    Toronto, Canada Esolutions Full time

    **Job Title: Tech BSA (Credit Risk)** **Location: Toronto, ON (Hybrid)** **Hire Type - Contract** **Few Mandatory Skills** - Credit Risk Experience is mandatory - Star Schema basics - OLAP DB understanding - Concepts of data model - SQL skills and ability to write/understand complex SQL - ability to perform complex data exploration/profiling tasks -...

  • Credit Risk Analyst

    7 months ago

    Toronto, Canada Ebury Full time

    Ebury is a hyper-growth FinTech firm, named in 2021 as one of the top FinTechs to work for by Glassdoor and AltFi. We offer a range of products including FX risk management, trade finance, currency accounts, international payments and API integration. **Your Role** We are building out our Credit Risk function here in Toronto, Ebury's main Canadian office,...

  • Risk Analyst, Credit Risk Disclosure

    4 months ago

    Toronto, Canada TD Bank Full time

    **Work Location**: Canada **Hours**: 37.5 **Line of Business**: Risk Management **Pay Details**: **Risk Analyst, Credit Risk Disclosure & Analysis** **Reporting to the Senior Risk Manager, Credit Risk Disclosure & Analysis, the Risk Analyst is responsible for a broad array of risk reporting and analysis deliverables to aid the preparation of the Chief...

  • Credit Exceptions Risk Analyst

    8 months ago

    Toronto, Canada TD Bank Full time

    **Work Location**: Toronto, Ontario, Canada **Hours**: 37.5 **Line of Business**: TD General **Pay Details**: **Department Overview** **The Capital Markets Risk Management (CMRM) area is part of the TD Bank Corporate Risk Management function. Our teams are accountable for the generation and monitoring of an independent view of the Profit and Loss, Market...

  • Lead Data Analyst

    1 month ago

    Toronto, Canada Compunnel Inc. Full time

    Job Title:Lead Data Analyst - Credit Risk SpecialistCompany Overview:Compunnel Inc. is a leading provider of innovative solutions in the field of credit risk analysis.Salary:$85,000 - $115,000 per year, depending on experience.Job Description:We are seeking an experienced Lead Data Analyst to join our team. The successful candidate will be responsible for...

  • Analyst - Counterparty Credit Risk

    7 months ago

    Toronto, Canada TD Bank Full time

    **Analyst - Counterparty Credit Risk**: - 418301BR **Job Category - Primary** - Risk Management **Work Location** - TD Centre - TD Tower - 66 Wellington Street West **Employment Type** - Regular **City** - Toronto **Time Type** - Full Time **Province/State** - Ontario **Hours** - 37.5 **Workplace Model** - Hybrid **Pay Details** **Department...

  • Credit Analyst

    2 weeks ago

    Toronto, Canada Marquis Imprimeur inc Full time

    **Credit Analyst** You will be part of a passionate credit team that ensures that we recover receivables from our customers. You will be at the heart of the action, with credit being part of the quality and personalised service offered to our clients. **Workplace**: Sherbrooke, Montreal, Louiseville, Montmagny, Quebec City, Toronto or in the comfort of...

  • Data Analyst

    7 months ago

    Toronto, Canada Dawn InfoTek Inc. Full time

    Dawn InfoTek Inc. is a professional IT consulting team that partners with major financial institutions, investment firms and government sectors. We have been dedicated to delivering cutting-edge consulting services and recruiting all levels of IT positions for our clients. **We are currently seeking competent individuals to fulfill the role of Data Analyst...

  • French Speaking Credit Risk Analyst

    7 months ago

    Toronto, Canada Ebury Full time

    Ebury is a hyper-growth FinTech firm, named in 2021 as one of the top 15 European Fintechs to work for by AltFi. We offer a range of products including FX risk management, trade finance, currency accounts, international payments and API integration. **French Speaking Credit Risk Analyst - Ebury Toronto Office** **Work Pattern**:4 days in the office, 1 day...

  • Business Analyst

    2 weeks ago

    Toronto, Canada Compunnel Inc. Full time

    Credit Risk Experience is mandatoryStar Schema basicsOLAP DB understandingConcepts of data modelSQL skills and ability to write/understand complex SQLability to perform complex data exploration/profiling tasksexperience of working with different database systemsexperience with data integration related projects.. cite examples and explainability to...

  • Strategic Risk Growth Analyst

    7 months ago

    Toronto, Canada Vault Credit Corporation Full time

    Vault is a non-bank owned private lending company offering a wide array of financial services such as mortgages, business loans, equipment leasing as well as many other lending products. Vault has a devoted team of experts with years of experience in both financial services and real estate. We deliver products and services that meet our borrowers' diverse...

  • Credit Risk Analyst

    5 days ago

    Toronto, Canada Convera Full time

    As a Credit Analyst with Convera based in Toronto (hybrid role), you will be responsible for credit assessments of new clients and review existing customers to establish and assess the provision of acceptable credit terms in accordance with Converas company policy **You will be responsible for**: - Provide written credit assessment of new clients in a...

  • Senior Business Analyst

    4 weeks ago

    Old Toronto, Canada TD Bank Full time

    TD Bank is committed to offering fair and equitable compensation to all employees.Job SummaryA Senior Business Analyst within the Credit Exceptions team will primarily focus on analyzing, reporting, and monitoring risk exposures to ensure compliance with established counterparty credit limits. The incumbent will be responsible for executing infrastructure...