Risk Capital and Capital Efficiency Manager
4 weeks ago
We are seeking a highly skilled Risk Capital and Capital Efficiency Manager to support the development and sustainable production stage of our advanced Risk Function. This role will ensure that our bank remains in compliance with regulatory and financial reporting requirements. The successful candidate will have a deep understanding of OSFI CAR Guidelines, economic capital, and credit risk modeling.
Key Responsibilities
Develop and maintain the capital production related documentation, reviewing and evaluating the technical implementation and results
Conduct insightful impact analysis for model updates, data migration, and process changes
Collaborate with stakeholders, including Finance, Treasury, Information Management, Risk Data Aggregation, Analytics & Reporting, Credit Risk Management, Model Development, Model Governance and Validation, and Internal Audit
Provide support for ad-hoc requests from management and regulators in a precise and efficient manner
Identify, recommend, and implement process improvement opportunities for reporting, analysis, and control
Requirements
Masters in a relevant field such as Financial Engineering, Finance, Economics, Statistics, Mathematics, and Computer Science
Minimum 2-3 years of professional experience in risk management areas, with previous risk reporting and programming experience in Canada being an asset
Practical experience in credit risk capital production, RWA calculation, reporting, control, and analysis
Hands-on experience in stress testing and ICAAP, with knowledge in Economics being an asset
Applied experience in SAS coding, operating, and maintaining production-level risk processes, managing, reconciling, and interpreting large and complex enterprise-level data sets
Proven experience in business and/or technical writing with clear and concise written communication skills
Functional experience with SAS, MS Excel (VBA), and SQL
What We Offer
We offer a dynamic and inclusive work environment, with opportunities for career development and growth. Our award-winning culture and benefits package include hybrid work environments, everyday flexibility, generous company-funded health coverage, and a flexible wellness program. We are committed to our employees' development and help them reach their professional goals with organization-wide coaching services, mentorship, and education support & training programs.
Why Work with Us?
We are a proud member of Waterstone Human Capital's Most Admired Corporate CulturesTM Hall of Fame and have been recognized by Great Place to Work in 2024 as one of Canada's top 50 Best Workplaces. We are committed to providing a safe and inclusive environment where a diverse workforce thrives. If you require accommodation during any part of the recruitment or selection process, please reach out.
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