Senior Associate, Underwriting

161 Bay Street , Canada, Toronto,Toronto, Ontario,Senior Associate, Underwriting & Valuations Strategy Analyst

About Capital One Canada.

For over 20 years, we've been on a mission to change banking for good and build relationships by making credit accessible, simple, intuitive and rewarding. We want to help Canadians succeed with credit, because we believe in people — in our customers, in our associates, and in talent like you 

Yes, we're a credit card company, but we're more than that too. With your help, we'll build the next generation of banking in Canada based on customer-focused values, compelling products and great engineering. Our Strategy & Analytics Roles are like management consulting, but better. From day one, you'll have the opportunity to work on solving complex problems, using data-driven decision making to enhance the overall business strategy, while still maintaining work/life balance. 

At Capital One, we love to give our Strategy Analysts the opportunity to rotate to roles across various teams, so while this role is within the Underwriting & Valuations team, we will consider your application for multiple Strategy & Analytics teams as well as offer you the opportunity to rotate to new teams throughout your time at Capital One. This is part of our winning formula for creating great future leaders and as such, this role is well suited to high performers looking for growth opportunities.

About the Team

The Underwriting & Valuations team consists of Strategy Analysts and Data Scientists who come together to build our models and policies which lead to our underwriting outcomes.  This team collaborates with our best in class Credit Risk Management group to create robust analysis and implement credit based strategies. 

About the Role

In this role, you will get deep into the data, iterating on decision scenarios until you find the outcome that best aligns with your strategy.  You will complete deep analysis and prepare robust presentations to gain approval and buy in from leadership.  This role also provides the opportunity to work with product and strategy teams to implement the changes, understand customer behaviour and continue to iterate on your implemented strategy. 

From a technical perspective, you'll have access to various coding and visualization tools. You'll work with SQL to query data, use spreadsheets and Python-based notebooks to organize it, and Slides to present it, along with other modern analytics tools, such as Tableau and Quicksight. 

To continue your learning, you'll also join the Canada Analyst Development Program (CADP), which takes place over your first year with us. The program provides comprehensive foundational training not only in credit underwriting but also across various other key areas, including marketing, fraud prevention, risk management, customer lifecycle, etc. to equip you with the skills and knowledge to make meaningful contributions to cross-functional projects.  
 

Your Responsibilities: 

• You will be responsible for one of the areas of underwriting and valuations, such as new applications or credit limit increases.  You will deep dive into the performance of existing strategies, with access to a vast amount of data which you will analyze to create recommendations to determine how we extend credit.

• You will build the case to bring strategies to market and work with product and technology teams to implement them.  With our in-house technology, you get to see your work through to delivery in real time. As the owner of the strategy, you can then evaluate performance and continue to adjust and improve your strategy as needed.

• As the expert of your area, you will influence the strategic roadmap of the team and collaborate across the underwriting and valuations team to drive change.

• You will use technical analytical skills (such as SQL and Python) to complete the analysis.

Basic Qualifications:

• 2-5 years of experience, with an established history of leveraging analytical skills to effectively influence strategic decisions 

• A bachelor's degree or higher

• Experience working in a team environment, with a strong ability to collaborate effectively with others

• Experience in coding (e.g. Complete SQL scripts, Python notebooks) and data visualization (e.g. Tableau, QuickSight).

Preferred Qualifications:

• Experience in underwriting and valuations with a basic understanding of credit card or other loan based underwriting

Working at Capital One.

Enjoy a hybrid work environment, with 3 days in the office. Build a comfortable workspace with our one-time, Work From Home allowance and enjoy our head office located conveniently across the street from Union Station. 

Live well—physically, financially and emotionally. Receive support for you and those who are most important to you, with full coverage for spouses, domestic partners, and dependents. With up to $3000 in mental health coverage and up to $5000 in tuition subsidies per year—and much more—you'll discover that Capital One is committed to helping you live your best life. 

We may use your information for automated decision making. We may, for certain purposes, render a decision based exclusively on automated processing of your personal information as a part of the candidate screening process.

Capital One Canada is an equal opportunity employer committed to fostering a diverse and inclusive work environment. We consider all qualified applicants and will meet the needs of those requiring reasonable accommodations.

If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at or via email at All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

For technical support or questions about Capital One's recruiting process, please send an email to

Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.

Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).

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