Credit Analytics Risk Manager

Who We Are
HomeEquity Bank is a Schedule 1 Canadian chartered bank and the leading national provider of reverse mortgages, with a growing portfolio. As the only bank solely dedicated to serving homeowners 55 and up, we're passionate about helping Canadian homeowners live retirement on their terms. We live that commitment every day, with a range of reverse mortgage solutions that include our flagship CHIP Reverse Mortgage product.

OUR VALUES, OUR PASSION
At HomeEquity Bank, our values drive and inspire our actions with our customers, our partners and each other.

• Customer-Focused. Passionate Advocates
• Courage to Act. Do the Right Thing
• One Team. One Vision
• Think Long-Term. Ever-Evolving
• Be Exceptional. Inspire Greatness

Position Summary
Join HomeEquity Bank's growing Risk Management team and help shape the future of responsible lending in Canada's reverse mortgage market.

In this role, you will be a key driver in advancing the Bank's Enterprise Risk Management (ERM) Program through data, analytics, and cross-functional collaboration, with a primary focus on Credit Risk. As part of the second line of defense, you'll provide independent challenge, analytical insights, and strategic guidance that empower informed decision-making across the organization.

Beyond traditional risk activities, this position offers exciting exposure to emerging disciplines such as climate and geolocation risk analysis, reflecting the Bank's forward-looking commitment to regulatory compliance, sustainability, and innovation. You'll collaborate closely with teams across Product, Data & Analytics, and Operations to translate data-driven insights into actionable risk strategies that strengthen our portfolio and protect our customers.

Key Responsibilities

• Credit and Operational Risk Oversight – Conduct comprehensive risk assessments, control effectiveness testing, and monitoring activities across Credit, Mortgage Lending, and Operations.
• Insightful Reporting & Data Visualization – Build and enhance data-driven risk dashboards using a combination of visualization tools, produce analytical insights for senior management and Board reporting.
• Analytics Model Development and Validation – Perform risk-based credit model development and enhancement, validation of credit models and support analytic reviews leveraging SQL, Python, or data visualization tools.
• Product/Project & Initiative Risk Reviews – Evaluate new products, projects, and initiatives against the Risk Appetite Framework to ensure strategic and regulatory alignment.
• Advisory & Challenge – Review escalated credit cases, perform enhanced due diligence, and provide independent recommendations to senior leaders on risk suitability.
• Continuous Improvement – Strengthen policies, procedures, and frameworks to embed best practices in credit and enterprise risk management.
• Issue Management & Audit Support – Partner with business units to address audit or regulatory findings using data and analytics, ensuring timely and sustainable remediation
• Promote Risk Culture – Foster awareness and understanding of credit, operational, and fraud risk across the Bank through collaboration, communication, and training.
• Drive Enterprise Risk Excellence – Support the execution and continuous improvement of the Bank's ERM framework to ensure consistency, transparency, and alignment with risk appetite and business strategy.
• Innovation in Risk Practices – Contribute to cross-functional projects such as expanding GRC platforms or integrating new data domains, including geolocation and climate risk analytics.

Qualifications
SKILLS AND EXPERIENCE REQUIRED:

• Bachelor's degree with 7+ years of experience in Risk Management and/or Internal Audit, data and analytics, ideally within financial services, ideally mortgage lending.
• Proven experience designing, executing, and communicating risk assessments, monitoring, and testing programs.
• Strong knowledge of credit life-cycle management and industry best practices in enterprise and credit risk.
• Advanced proficiency in MS Office, with experience using data visualization tools (e.g., Looker, Tableau, Power BI).
• Working knowledge of SQL or Python to support data-driven risk insights.
• Exposure to climate or geolocation data analysis considered an asset.
• Good-to-Have: Familiarity with OSFI regulatory frameworks (e.g., B-20, B-15, E-21, E-23) and practical experience applying them in a financial institution.

Attributes for Success

• Strong analytical and problem-solving mindset with high attention to detail; high intellectual curiosity.
• Ability to manage multiple priorities with minimal supervision in a fast-paced environment.
• Excellent verbal and written communication skills, capable of presenting complex findings clearly.
• Collaborative and proactive working style—comfortable working independently or as part of a team.
• Self-starter with a growth mindset, eager to learn and contribute to meaningful impact.

Working Environment

• Hybrid work environment
• Opportunities for professional development, cross-functional collaboration, high visibility, and exposure to emerging risk disciplines such as climate risk, data analytics, and model governance.

WHY WORK AT HOMEEQUITY BANK?
Great Environment
HomeEquity Bank offers a hybrid working environment supported with a culture of flexibility – an approach that is unique to each person, and that enables both business and individual needs to be met in a mutually beneficial way.

We pride ourselves in recognizing and celebrating performance, community service, teamwork, and diversity among our employees.

A Dynamic Culture – With People at the Centre
We believe our people make all the difference; our tireless commitment to inclusivity, professional development, and employee experience has been recognized through awards including the Greater Toronto's Top Employers 2024,Waterstone Canada's Most Admired Corporate Cultures , the Globe and Mail's Report on Business: Canada's Top Growing Companies 2022 (third year since 2019), Canadian's Mortgage Professional (CMP) Top Mortgage Employer 2023 for the third year in a row and Achievers Top 50 Most Engaged Workplaces 2023.

Growth and Opportunities
We provide challenging and rewarding careers in a wide variety of fields. We continuously develop and train our employees through professional growth opportunities and on-the-job training. We also encourage our employees to develop professionally and personally though a series of career developing programs including our Educational Assistance Program, designed to reimburse costs related to professional learning and development.

Celebrating Great Work and People
We believe in an environment that celebrates success, knowledge, leadership, and work that is inspired by our core values. For these reasons, we have created several programs that make it easy for our employees to say 'great job' to their colleagues and leaders.

From our Appreciate Program to the High Five Award Program and President's Award Program, we recognize professional achievement with a variety of rewards including points towards gift cards, merchandise, and travel experiences, as well as group RRSP/DPSP contributions and more.

Our Community Leadership Program recognizes employees who make a positive impact in their communities through volunteer work with a grant for their charity of choice. Additionally, we provide employees with one paid day off each year to volunteer at their favourite local charity.

The Perks (for eligible employees)

• HomeEquity Bank offers a competitive total rewards package that includes:
• Extended health and dental benefits
• Employee & Family Assistance Program
• Employer-Matched Group Retirement Savings Plan
• Employee Share Investment Plan
• Well-being initiatives including: a wellness account; virtual self-care programs and extended mental health benefits
• Employee corporate discount for GoodLife Fitness

HomeEquity Bank is committed to an inclusive, equitable and accessible workplace. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

Please note that our successful candidate is required to complete a background check.

Stay in the Know
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Join Us If you're ready to build the future of reverse mortgages, we want to hear from you.