Senior Analyst

National Bank of Canada; Richmond Hill; On-site; CAD 90,000 - 120,000; Full time

Benefits offered by this job

Health and wellness program

Group insurance

Generous pension plan

Employee and Family Assistance Program

Telemedicine service

Flexible benefits

Job summary

National Bank of Canada is seeking a Senior Analyst in the Credit Risk Analytics team to lead IFRS-9 reporting and analytics, monitor model performance, and transform complex data into actionable insights for decision-making.

You will operate IFRS-9 loss reporting, validate inputs, conduct risk analytics, assess impact of model updates, and contribute to risk initiatives with AI tools while supporting internal stakeholders and regulators.

Qualifications

• Master's degree in a relevant field.
• 2–3 years of professional experience in risk management.
• Experience in risk reporting in Canada is an asset.
• Hands-on experience with large enterprise data sets; ability to reconcile and interpret data.
• Knowledge of IFRS-9 and regulatory requirements.
• CFA/FRM/SAS certification progress; AI/ML knowledge is an asset.

Responsibilities

• Operate and maintain IFRS-9 expected credit loss reporting processes.
• Validate inputs/outputs ensuring quality control and reliable documentation.
• Conduct risk analytics and analyze IFRS-9 results for internal stakeholders and regulators.
• Assess impact of parameter recalibrations, economic scenario changes, and data migrations.
• Develop, monitor, and improve IFRS-9 and stress testing models; backtesting and performance monitoring.
• Automate and optimize reporting processes, exploring AI tools to limit risk.

Skills

Attention to detail

Critical thinking

Work under pressure

Learning agility

Education

Master's degree in Financial Engineering / Finance / Economics / Statistics / Mathematics / Computer Science / Data Science

Tools

SAS/SQL

Microsoft Excel

VBA

Python

Job description

As a Senior Analyst in the Credit Risk Analytics team at National Bank, you'll be responsible for the IFRS-9 reporting and analytics, and model performance monitoring. This job allows you to have a positive impact on our organization thanks to your knowledge of IFRS-9 and regulatory requirements, experience in credit risk modelling, and ability to transform complex data into useful insights for decision-making.

Your role

• Operate and maintain IFRS-9 expected credit loss reporting processes to produce timely, accurate, and well-controlled results.
• Validate process inputs and outputs, ensuring quality control, governance, and reliable documentation.
• Conduct risk analytics and analyze IFRS-9 results, identify key drivers of risk movements, and prepare materials for internal stakeholders, external auditors, and regulators.
• Assess the impact of parameter recalibrations, economic scenario changes, model updates, data migrations, and process changes.
• Develop, monitor, and improve IFRS-9 and stress testing models, including backtesting, performance monitoring, and recommending appropriate model actions.
• Automate and optimize reporting processes, including the use of artificial intelligence tools, while contributing to strategic risk initiatives and recommendations to limit risk.

Your team

Within the Credit Risk Analytics department, you are part of a team of 25 colleagues and report to the Senior Director. Our team stands out for its expertise in risk reporting, model implementation, and model development in IFRS-9, stress testing, and capital areas. We offer a wide range of ongoing learning opportunities for your development, including coaching, hands‑on learning, training courses and through the collaborating with colleagues who have varied expertise and profiles such as in-depth data analytics, model development, risk programming, and presentation to senior management.

The Bank values continuous development and internal mobility. Our personalized training programs, based on learning through action, allow you to master your role and develop new areas of expertise.

Requirements

• Hold a master's degree in a relevant field such as financial engineering, finance, economics, statistics, mathematics, computer science, or data science.
• Have 2 to 3 years of professional experience in risk management; previous risk reporting experience in Canada is an asset.
• Have hands‑on experience managing, reconciling, and interpreting large and complex enterprise‑level data sets; demonstrate strong attention to details.
• Demonstrate ability to work under pressure and tight deadline, exceptional critical thinking skills and learning skills, and knowledge of IFRS-9 and regulatory requirements.
• Have hands‑on experience with SAS/SQL, Microsoft Excel, VBA, Python.
• Have completed or be progressing toward the CFA, FRM, or SAS certification; knowledge of artificial intelligence or machine learning is an asset.

As a Senior Analyst in the Credit Risk Analytics team at National Bank, you'll be responsible for the IFRS-9 reporting and analytics, and model performance monitoring. This job allows you to have a positive impact on our organization thanks to your knowledge of IFRS-9 and regulatory requirements, experience in credit risk modelling, and ability to transform complex data into useful insights for decision-making.

Your role

• Operate and maintain IFRS-9 expected credit loss reporting processes to produce timely, accurate, and well-controlled results.
• Validate process inputs and outputs, ensuring quality control, governance, and reliable documentation.
• Conduct risk analytics and analyze IFRS-9 results, identify key drivers of risk movements, and prepare materials for internal stakeholders, external auditors, and regulators.
• Assess the impact of parameter recalibrations, economic scenario changes, model updates, data migrations, and process changes.
• Develop, monitor, and improve IFRS-9 and stress testing models, including backtesting, performance monitoring, and recommending appropriate model actions.
• Automate and optimize reporting processes, including the use of artificial intelligence tools, while contributing to strategic risk initiatives and recommendations to limit risk.

Your team

Within the Credit Risk Analytics department, you are part of a team of 25 colleagues and report to the Senior Director. Our team stands out for its expertise in risk reporting, model implementation, and model development in IFRS-9, stress testing, and capital areas. We offer a wide range of ongoing learning opportunities for your development, including coaching, hands‑on learning, training courses and through the collaborating with colleagues who have varied expertise and profiles such as in-depth data analytics, model development, risk programming, and presentation to senior management.

The Bank values continuous development and internal mobility. Our personalized training programs, based on learning through action, allow you to master your role and develop new areas of expertise.

Requirements

• Hold a master's degree in a relevant field such as financial engineering, finance, economics, statistics, mathematics, computer science, or data science.
• Have 2 to 3 years of professional experience in risk management; previous risk reporting experience in Canada is an asset.
• Have hands‑on experience managing, reconciling, and interpreting large and complex enterprise‑level data sets; demonstrate strong attention to details.
• Demonstrate ability to work under pressure and tight deadline, exceptional critical thinking skills and learning skills, and knowledge of IFRS-9 and regulatory requirements.
• Have hands‑on experience with SAS/SQL, Microsoft Excel, VBA, Python.
• Have completed or be progressing toward the CFA, FRM, or SAS certification; knowledge of artificial intelligence or machine learning is an asset.

Languages: English

Required skills: Artificial Intelligence, Cybersecurity, Data Analysis, Diversity & Inclusion, Empathy, Initiative, Learning Agility, Model Risk, Regulatory Risk, Resiliency, Risk Analysis, Risk Reporting, Teamwork

Your benefits

In addition to competitive compensation, you'll be eligible for a wide range of flexible benefits to help promote your wellbeing and that of your family such as:

• Health and wellness program, including many options
• Group insurance
• Generous pension plan
• Employee and Family Assistance Program
• Preferential banking services
• Opportunities to get involved in community initiatives
• Telemedicine service
• Virtual sleep clinic

We have an offer that keeps up with trends as well as your needs and those of your family. Our dynamic work environments and cutting-edge collaboration tools foster a positive employee experience. We actively listen to employees’ ideas. Whether through our surveys or programs, regular feedback and ongoing communication is encouraged.

Making a bold move in a people‑first environment

We're a bank on a human scale that stands out for its courage, entrepreneurial culture, and passion for people. Our mission is to have a positive impact on people's lives. Our core values of partnership, agility, and empowerment inspire us, and inclusion is central to our commitments. We aim, wherever possible, to provide a barrier-free and accessible environment to all employees.

We strive to provide accessibility measures throughout the recruitment process within the limits of our available resources. If you require accommodations, feel free to let us know during our initial conversations. We welcome all candidates! What can you bring to our team? Join us!