Analyst, Credit Risk Scoring

EQ Bank | Canada's Challenger Bank; Toronto; Hybrid; CAD 70,000 - 100,000; Full time

Benefits offered by this job

Bonus

RRSP match

Benefits package

Employee Share Purchase Plan

Parental top-up

Vacation & personal days

Virtual events

Career development

Job summary

EQ Bank, a Canadian challenger bank, seeks an Analyst to support credit risk scoring, fraud monitoring, and account management scorecards. You will perform portfolio analytics, segmentation, and statistical analysis to inform risk strategy and business decisions.

The role offers exposure to predictive analytics and machine learning concepts within a regulated financial services environment, in a hybrid setting with in-office time in Toronto.

Qualifications

• Bachelor’s degree in a quantitative field such as statistics, math, engineering, or data science.
• 0–5 years in data analytics, risk analytics, or financial services.
• Strong SQL and Python skills; able to analyze large datasets.
• Detail-oriented with excellent communication of insights.

Responsibilities

• Analyze customer, portfolio, bureau, and scorecard performance across segments.
• Develop, monitor, recalibrate, and optimize scorecards and risk frameworks.
• Produce score monitoring dashboards and reports.
• Monitor model performance using KS, GINI, AUC, PSI, etc.
• Collaborate with Credit Risk, Fraud, AML, Product, Marketing, Technology, and Model Risk.
• Contribute to data quality and automation improvements.

Skills

SQL

Python

Data analytics

Statistical analysis

Communication

Education

Bachelor's degree in Statistics/Mathematics/Engineering/Data Science

Tools

Power BI

Python (pandas)

SQL

Job description

Join a Challenger

At EQ, we’re remaking banking so every Canadian gets ahead, every day. Serving nearly 4 million Canadians from coast to coast, we offer a wide variety of financial services from banking and lending, to trust and credit union solutions.

We’ve been at this since 1970, challenging the conventions of traditional banking with smarter, faster, and more connected financial experiences.

What’s kept us moving?

The people behind it all: challengers who ask better questions, push back on old assumptions, and look for a better way forward.

If you’re driven to help reshape how banking works for Canadians and the businesses that power our economy, this could be your next big opportunity.

We can’t wait to get to know you!

The Work

The Analyst, Credit Risk Scoring supports the development, monitoring, validation, and optimization of credit risk, fraud, and account management scorecards used throughout the customer lifecycle. Through portfolio analytics, model performance monitoring, customer segmentation, and statistical analysis, the analyst helps generate insights and recommendations that support scorecard strategy, model governance, risk management, and business decision-making. The role provides exposure to predictive analytics, credit scoring methodologies, machine learning concepts, and decision science within a regulated financial services environment.

The Core Responsibilities

• Analyze customer, portfolio, bureau, and scorecard performance data to identify emerging trends, opportunities, and risk signals across acquisition, account management, collections, and fraud strategies.
• Support the development, monitoring, recalibration, and optimization of scorecards and alternative risk frameworks through quantitative analysis and performance evaluation.
• Produce recurring score monitoring reports and dashboards, including score stability, predictive power, segmentation performance, portfolio outcomes, and key risk indicators.
• Monitor model and scorecard performance using industry-standard metrics such as GINI, KS, AUC, PSI, bad rates, approval rates, and portfolio profitability measures.
• Support the investigation of score performance shifts, model drift, data anomalies, and emerging portfolio trends.
• Develop and maintain SQL queries, analytical datasets, automated reporting solutions, and dashboards to improve monitoring efficiency and governance processes.
• Apply statistical techniques, machine learning concepts, and data visualization tools to generate actionable business insights.
• Prepare presentations and analytical summaries supporting score strategy reviews, model governance forums, and management discussions.
• Collaborate with stakeholders across Credit Risk, Fraud, AML, Product, Marketing, Technology, and Model Risk Management.
• Contribute to continuous improvement initiatives related to model monitoring, reporting automation, data quality, and analytical processes.

Let’s Talk About You

• Bachelor’s degree in quantitative discipline such as Statistics, Mathematics, Engineering, Computer Science, Data Science, Physics, Economics, or another STEM-related field.
• 0 to 5 years of experience in data analytics, business analytics, risk analytics, financial services, consulting, or a related quantitative field. New graduates with strong technical and analytical capabilities are encouraged to apply.
• Strong technical proficiency in SQL and Python, with demonstrated ability to manipulate, analyze, and interpret large datasets.
• Strong analytical and problem-solving skills with the ability to translate data into meaningful insights and recommendations.
• Excellent attention to detail and commitment to data quality and accuracy.
• Effective written and verbal communication skills, with the ability to explain analytical findings to both technical and non-technical audiences.
• Demonstrated ability to learn quickly, adapt to changing priorities, and work effectively in a fast-paced environment.
• Experience with data visualization tools, cloud-based analytics platforms, machine learning, or statistical modelling is considered an asset.
• Strong Microsoft Office skills, particularly Excel and PowerPoint.
• Curiosity, initiative, and a willingness to develop expertise in credit risk, fraud prevention, customer acquisition, and financial services analytics.

What we offer [For full-time permanent roles]

Competitive discretionary bonus

Market leading RRSP match program

Medical, dental, vision, life, and disability benefits

Employee Share Purchase Plan

Maternity/Parental top-up while you care for your little one

Generous vacation policy and personal days

Virtual events to connect with your fellow colleagues

Professional development and comprehensive Career Development program

A fulfilling opportunity to join one of the top FinTechs and help create a new kind of banking experience

The incumbent will be working hybrid and in office time will be spent working from EQ Bank’s additional office space located at 2200-25 Ontario Street, Toronto, ON.

Equity, Diversity & Inclusion

EQ is committed to building an inclusive, accessible environment where every employee feels valued, respected, and supported. We believe our organization is stronger — and our people thrive — when we honour and celebrate diverse experiences, identities, and perspectives. We’re equally committed to supporting your growth, both professionally and personally.

We provide a barrier‑free recruitment process and work environment. If you require accommodations at any stage, we will work with you to ensure you can bring your best self to the process and beyond.

As part of our recruitment process, EQ uses AI to help screen, assess, and/or select applicants for this position. All AI-enabled outputs are reviewed and validated by our talent team. All candidates considered for hire must successfully complete a criminal background check and credit check. While we appreciate every application, an EQ recruiter will contact only those whose skills and experience most closely match the requirements of the role.

EQB Inc. (TSX: EQB) is the parent company of Equitable Bank, the country’s seventh-largest Schedule I bank by assets, which operates EQ Bank, Canada’s Challenger Bank™. EQB Inc. serves nearly 4 million Canadians and manages approximately $150 billion in combined assets under management and administration.

To learn more, visit eqb.investorroom.com and eqbank.ca.