Credit Analytics Risk Manager

HomeEquity Bank; Toronto; Hybrid; CAD 120,000 - 170,000; Full time

Benefits offered by this job

Extended health and dental benefits

Employee & Family Assistance Program

Employer‑Matched Group Retirement Plan

Employee Share Investment Plan

Well‑being initiatives including a: a

Employee corporate discount for GoodLI

Job summary

HomeEquity Bank is seeking a Senior Risk Analytics professional to shape the future of risk management in Canada’s reverse mortgage market. You will drive data‑driven insights, build risk dashboards, and collaborate with Product, Data & Analytics, and Operations to strengthen the portfolio and support regulatory compliance.

As part of the second line of defense, you will tackle climate/geolocation risk analytics and deploy advanced models, ensuring sound risk decisions and effective governance

Qualifications

• Bachelor’s degree with 7+ years of data and analytics experience in financial services, with risk management knowledge.
• Advanced proficiency in MS Office and data visualization tools (Looker, Tableau, Power BI).
• Working knowledge of SQL, Python and PySpark and Databricks; familiarity with AI tools to improve coding productivity.
• Data exposure to financial, operational, and climate/geolocation data is considered an asset.
• Proven experience designing, executing, and communicating risk assessments, monitoring, and testing programs.
• Strong knowledge of credit life-cycle management and enterprise risk practices.

Responsibilities

• Credit and Operational Risk Oversight – assess risks across Credit, Mortgage Lending, and Operations.
• Insightful Reporting & Data Visualization – build dashboards, provide insights for senior management and Board reporting.
• Analytics Model Development and Validation – develop/validate risk models using SQL, Python, PySpark.
• Product/Project & Initiative Risk Reviews – evaluate new products/projects against Risk Appetite Framework.
• Advisory & Challenge – review escalated credit cases and provide independent recommendations to senior leaders on risk suitability.
• Continuous Improvement – strengthen policies and risk frameworks.
• Issue Management & Audit Support – address audit findings using data and analytics.
• Promote Risk Culture – raise awareness across Bank via collaboration and training.
• Drive Enterprise Risk Excellence – support ERM framework alignment with strategy.
• Innovation in Risk Practices – expand GRC platforms and data domains like geolocation and climate risk.

Skills

SQL

Python

Pyspark

Databricks

Education

Bachelor’s degree in a related field

Tools

Looker

Tableau

Power BI

Databricks

Job description

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 Credit Risk Management Program through data, analytics, and cross‑functional collaboration, with expansion to areas like climate 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, Pyspark 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.

SKILLS AND EXPERIENCE REQUIRED

Qualifications

• • Bachelor’s degree with 7+ years of experience in data and analytics, ideally within financial services with experience in risk management (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).
• • Advanced proficiency in MS Office, with experience using data visualization tools (e.g., Looker, Tableau, Power BI).
• • Working knowledge of SQL, Python and Pyspark and tools like databricks to support data‑driven risk insights, and familiarity with using AI tools to improve code productivity.
• • Data Exposure: financial data, operation data and climate or geolocation data analysis considered an asset.
• • 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.

Attributes for Success

• Strong analytical and problem‑solving mindset with high attention to detail; high intellectual curiosity with the aptitude to continuous learning.
• Strong verbal and written communication skills, capable of presenting complex findings clearly and managing communications with sales, operations and products.
• High professional integrity and collaborative spirit, with ability to manage multiple priorities with minimal supervision in a fast‑paced environment.
• Self‑starter with a growth mindset, eager to learn and contribute to meaningful impact.

WORKING CONDITIONS UNIQUE TO JOB

Standard office environment (hybrid flexibility available, 3 Days in‑office) 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 2022‑2023, 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 through 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 Find out what we’re up to online, and learn more about what makes HomeEquity Bank a great place to work: LinkedIn Youtube Facebook Twitter Instagram Chip.ca