Risk Analyst Commercial Banking, Cap Mkts – Commercial and Wholesale Risk:
On behalf of our Banking client, Procom is searching for a Risk Analyst Commercial Banking, Cap Mkts – Commercial and Wholesale Risk for a 12-month role. This position is a hybrid position with 4 days onsite at our client’s Toronto office.
Risk Analyst Commercial Banking, Cap Mkts – Commercial and Wholesale Risk - Job Description:
The incumbent will be responsible for managing, monitoring, and developing predictive risk models that support Small Business, Commercial Banking, and Capital Markets in Commercial & Wholesale Credit Risk. The project involves developing and deploying models to reduce losses or drive revenue in the portfolio.
Risk Analyst Commercial Banking, Cap Mkts – Commercial and Wholesale Risk - Responsibilities:
- Manage, monitor, and develop predictive risk models.
- Source data, engineer features, and deploy models.
- Extract, clean, validate, and analyze data to quantify borrower behavior.
- Engage with stakeholders and experts throughout the model development cycle.
- Prepare model documentation, source codes, and monitoring reports.
- Resolve issues raised by independent validation and internal audits.
Risk Analyst Commercial Banking, Cap Mkts – Commercial and Wholesale Risk - Mandatory Skills:
- Undergraduate degree in computer science, finance, mathematics, statistics, or economics.
- At least 5 years of experience in credit risk modeling roles.
- Experience with large datasets, SQL, and big data/cloud technologies.
- Strong Python coding skills.
- Knowledge of advanced statistical methods and machine learning techniques.
- Experience with credit risk models and time series analysis.
- Experience with code sharing and version control solutions.
Risk Analyst Commercial Banking, Cap Mkts – Commercial and Wholesale Risk – Nice-to-Have Skills:
- Master’s degree in a related field.
- Knowledge of GenAI use cases in lending.
- Knowledge of R, Java, or SAS.
- Experience with IFRS9, stress testing, or capital measurement.
Risk Analyst Commercial Banking, Cap Mkts – Commercial and Wholesale Risk – Assignment Length:
This is a 12-month contract position.
Risk Analyst Commercial Banking, Cap Mkts – Commercial and Wholesale Risk - Start Date:
ASAP.
Risk Analyst Commercial Banking, Cap Mkts – Commercial and Wholesale Risk - Assignment Location:
Toronto, Ontario, Canada. This is a hybrid position requiring 4 days in the office.