Director, Quantitative Analysis, Credit Risk

7 months ago

Toronto, Canada Healthcare of Ontario Pension Plan Full time

Why you’ll love working here:

high-performance, people-focused culture

our commitment that equity, diversity, and inclusion are fundamental to our work environment and business success, which helps employees feel valued and empowered to be their authentic selves

membership in HOOPP’s world class defined benefit pension plan, which can serve as an important part of your retirement security

competitive, 100% company-paid extended health and dental benefits for permanent employees, including coverage supporting our team's diversity and mental health gender affirmation, fertility and drug treatment, psychological support benefits of $2,500 per year, and newly extended maternity/parental leave top of 26 weeks)

optional post-retirement health and dental benefits subsidized at 50%

yoga classes, meditation workshops, nutritional consultations, and wellness seminars

access to an annual wellness reimbursement program for health and wellness-related expenses for permanent and temporary employees

the opportunity to make a difference and help take care of those who care for us, by providing a financially secure retirement for Ontario healthcare workers

Job Summary

Under the guidance of the Senior Director, the Director supports the achievement of the investment risk team business objectives, particularly in collaboration with various HOOPP teams including investment, IT and different risk specialists. The incumbent will contribute to the foundational design, development and maintenance of the credit risk management framework. As such they will be leading the development of obligor and counterparty credit risk quantification measures, monitor and explain portfolio credit risk and provide support and assistance to portfolio manager.

What you will do:

Develop and foster strong relationships within all other parts of HOOPP and build and maintain an effective and efficient network at a variety of levels in the organization.

Lead the development and the maintenance of credit risk measurement framework including PD/LGD methodology, Credit Loss Stress Testing and Credit VaR methodologies.

Lead the design and enhancement of quantitative models to evaluate Counterparty Credit Risk.

Utilize diverse quantitative metrics and tools to evaluate the risks inherent in different credit strategies and proactively engage to aid the investment team in making risk aware decisions.

Prepare detailed reports and presentations for senior management and the board, illustrating risk exposure, model outcomes, and recommendations for risk mitigation strategies.

Keep abreast of the latest advancements in quantitative risk modeling, ensuring the adoption of best practices and state-of-the-art technology.

Work with IT and Investment risk team to enhance data structure and quality for valuable credit risk capabilities.

What you bring:

Over 10 years of professional experience in risk management within the financial services industry, along with at least 3 years in asset management or similar pension environments focusing on credit risk.

Advanced degree (Master’s or in Quantitative Finance, Mathematics, Statistics, or a related field.

Strong knowledge of credit strategies and investment vehicles.

Strong programming skills (SQL, Python/R/Matlab).

Previous experience with S&P or Moody’s analytics solution an asset.

Demonstrated interest to asset management and investment.

Strong oral and written communication skills.

Ability to influence with an excellent sense of service advice.

Detail and execution-oriented with a continuous improvement mindset.

A motivated self-starter with strong time management and organizational skills and the ability to meet tight deadlines.

Alignment with HOOPP's values of Professional, Accountable, Compassionate, Trustworthy and Collaborative.

  • Risk Management Lead

    4 weeks ago

    Old Toronto, Canada Royal Bank of Canada Full time

    At Royal Bank of Canada, we are seeking a talented Risk Management Lead to join our Counterparty Credit Risk team. This role is responsible for providing timely analysis to aid in the management of counterparty credit risk exposures and providing quantitative support in the transaction credit adjudication process.We are looking for a self-motivated...

  • Director Credit Risk

    1 month ago

    Toronto, Canada BJRC Recruiting Full time

    Director, Residential Mortgage Credit Risk ManagementOverviewOur client, a leading financial institution in Toronto is seeking an experienced Director for the oversight of residential mortgage lending (RESL) activities, including quantitative portfolio analysis. This individual will be responsible for approving policy exceptions and mortgage purchases within...

  • Director Credit Risk

    1 month ago

    Toronto, Canada BJRC Recruiting Full time

    Director, Residential Mortgage Credit Risk Management Overview Our client, a leading financial institution in Toronto is seeking an experienced Director for the oversight of residential mortgage lending (RESL) activities, including quantitative portfolio analysis. This individual will be responsible for approving policy exceptions and mortgage purchases...

  • Director Credit Risk

    1 month ago

    Toronto, Canada BJRC Recruiting Full time

    Director, Residential Mortgage Credit Risk ManagementOverviewOur client, a leading financial institution in Toronto is seeking an experienced Director for the oversight of residential mortgage lending (RESL) activities, including quantitative portfolio analysis. This individual will be responsible for approving policy exceptions and mortgage purchases within...

  • Director Credit Risk

    4 weeks ago

    Toronto, ON, Canada BJRC Recruiting Full time

    Director, Residential Mortgage Credit Risk Management Overview Our client, a leading financial institution in Toronto is seeking an experienced Director for the oversight of residential mortgage lending (RESL) activities, including quantitative portfolio analysis. This individual will be responsible for approving policy exceptions and mortgage purchases...

  • Director Credit Risk

    1 month ago

    Toronto, ON, Canada BJRC Recruiting Full time

    Director, Residential Mortgage Credit Risk Management Overview Our client, a leading financial institution in Toronto is seeking an experienced Director for the oversight of residential mortgage lending (RESL) activities, including quantitative portfolio analysis. This individual will be responsible for approving policy exceptions and mortgage purchases...

  • Director Credit Risk

    2 months ago

    Toronto, Ontario, Ontario, Canada BJRC Recruiting Full time

    Director, Residential Mortgage Credit Risk ManagementOverviewOur client, a leading financial institution in Toronto is seeking an experienced Director for the oversight of residential mortgage lending (RESL) activities, including quantitative portfolio analysis. This individual will be responsible for approving policy exceptions and mortgage purchases within...

  • Director, Credit Risk Management

    4 weeks ago

    Toronto, ON, Canada BJRC Recruiting Full time

    Director, Residential Mortgage Credit Risk Management Our client, a leading financial institution in Toronto is seeking an experienced Director for the oversight of residential mortgage lending (RESL) activities, including quantitative portfolio analysis. This individual will be responsible for approving policy exceptions and mortgage purchases within...

  • Risk Analyst, Credit Risk Disclosure

    3 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...

  • Director, Fundamental Credit Risk

    6 months ago

    Toronto, Canada Healthcare of Ontario Pension Plan (HOOPP) Full time

    Why you’ll love working here: - high-performance, people-focused culture- our commitment that equity, diversity, and inclusion are fundamental to our work environment and business success, which helps employees feel valued and empowered to be their authentic selves- learning and development initiatives, including workshops, Speaker Series events and access...

  • Director, Credit Risk Measurement

    2 weeks ago

    Toronto, Canada Royal Bank of Canada Full time

    **Job Summary** **What is the opportunity?** As part of the Credit Stress Testing & Analytics team, the Director, Credit Risk Measurement leads the implementation and execution of credit risk models used in the measurement of stress testing credit risk and loss projections, and is responsible for the development, enhancement and maintenance of tools that...

  • Associate Director, Cnb Credit Risk Analytics

    1 month ago

    Toronto, Canada Royal Bank of Canada Full time

    **Job Summary** The Associate Director, CNB Credit Risk Analytics, will develop credit risk analytics tools including data-driven credit decisioning strategies and risk metrics to support credit risk management for City National Bank’s (CNB) Wholesale and Retail portfolios. You will use analytics to create a data mart from enterprise databases. The data...

  • Associate, Credit Risk

    7 months ago

    Toronto, Canada Canada Infrastructure Bank Full time

    Headquartered in Toronto, the Canada Infrastructure Bank (CIB) is responsible for investing in new infrastructure projects. The CIB’s mission is to work with provincial, territorial, municipal, federal, Indigenous and private sector investor partners to transform the way infrastructure is planned, financed and delivered in Canada. Reporting to the Head of...

  • Director, Credit Risk Strategy

    3 weeks ago

    Toronto, Canada Questrade Financial Group Full time

    Questrade Financial Group (QFG) of Companies is committed to helping our customers become much more financially successful and secure. We are everything a traditional financial institution is not. At QFG, you will be constantly moving forward, bringing the future of fintech into existence. You will be a part of a collaborative team that cares deeply about...

  • Quantitative Analyst

    2 weeks ago

    Toronto, Ontario, Canada Mackenzie Investments Full time

    About Mackenzie InvestmentsMackenzie Investments is a leading Canadian asset management company with approximately $271 billion in total assets under management. We provide a range of financial planning and investment management services to help Canadians achieve their financial goals.Role OverviewWe are seeking a motivated Credit Quant Intern to join our...

  • Associate Director, Credit Risk Analytics and

    3 months ago

    Toronto, Canada Royal Bank of Canada Full time

    **Job Summary** Monitors market risk and implements risk management systems and processes to minimize any risk to the market. Applies extensive, in-depth knowledge, skills, and practices to perform complex assignments. **What is the Opportunity?** The Associate Director, Credit Risk Analytics and Modeling will support the model development and model...

  • Quantitative Analyst, Quantitative Risk

    7 months ago

    Toronto, Canada CIBC Full time

    We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients. At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are...

  • Manager, Counterparty Credit Risk

    2 months ago

    Toronto, Canada Royal Bank of Canada Full time

    **Job Summary** The Counterparty Credit Risk Exposure Monitoring - Issuer, Settlements & Pre-settlement Risk Team is part of the larger Counterparty Credit Risk Exposure Monitoring (CCREM) within Group Risk Management. The team has primary responsibility for monitoring, evaluating, and reporting credit & settlement risk exposures stemming from Capital...

  • Credit Risk Analyst

    3 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...

  • Director, Credit Risk

    4 weeks ago

    Toronto, Canada Canada Infrastructure Bank Full time

    Careers Headquartered in Toronto, the Canada Infrastructure Bank (CIB) is responsible for investing in new infrastructure projects. The CIB’s mission is to work with provincial, territorial, municipal, federal, Indigenous and private sector investor partners to transform the way infrastructure is planned, financed and delivered in...