Senior Analyst, Risk (Card Services)

At Fairstone, our culture is built on strong values and leadership principles that define the expectations we have for working together and with our customers. We help Canadians find the right solution to meet their needs with a variety of products and services. Our values and principles guide the actions we take to ensure our customers get the best experience possible.

Be part of our talented and growing team! We are currently looking for a Senior Analyst, Risk to join the Indirect Lending Risk team, reporting to the Senior Manager, Indirect Lending Risk.

As a Senior Analyst, Risk you will provide credit risk insights for the Retail Financing portfolio, while enabling the business growth within risk appetite through enhancements to credit strategies.

You will be responsible for driving originations and collections analytics including strategy development, implementation, optimization, and performance monitoring while ensuring adherence to guidelines, regulatory requirements, and alignment with industry best practices.

"Be a part of our inclusive workplace where diverse perspectives drive innovation and excellence."

WHY JOIN US?

BECAUSE WE ARE PROUD TO BE One of Montreal's Top Employers for 2023 for the third consecutive year by the editors of Canada's Top 100 Employers.

WE OFFER:

• Work-Life Balance: Our 37.5-hour workweek and hybrid model (3 days in-office) promote a healthy balance.
• Wellness: Tailored well-being solutions available 24/7.
• Time Off: Minimum 15 paid vacations, 6 wellness days, with federal holidays.
• Community Support: Paid Volunteer Day to give back to your community.
• Retirement Planning: Employee and employer contribution pension plan, plus the Fairstone Retirement Savings Plan
• Education: Tuition reimbursement program covering expenses up to $3,000 per year.
• Development: Access to Fairstone Academy for comprehensive training and skill development.
• Employee discounts: Exclusive access to discounted products and services, including car insurance, hotels, attractions, movies, gym memberships, and more.

WHAT WILL YOU WORK ON?

• Assist in managing origination strategies and policies for the Retail Financing portfolio that optimizes the profitability and efficiency, while operating within the risk appetite.
• Effectively challenge the health on existing Retail Financing portfolio, including participating in portfolio monitoring, creating collection challenger strategy and loss mitigation policy enhancement.
• Provide timely analytics support and present sound recommendations to various key stakeholders, including Product groups, FP&A, Sales and Operations, and Technology teams.
• Maintain a monthly portfolio performance dashboard for the Risk Management Committee; continuously enhance the reporting visualizations and format to streamline the process.
• Support existing loss, delinquency, liquidation, cash flow and profitability forecasting exercise.
• Keep informed of industry, regulatory and macroeconomic trends, and the consequent impact on business. Provide recommendations to stay abreast of industry changes.

WHO ARE WE LOOKING FOR

• 3+ years work experience in analytics in a financial services industry, preferably in Risk Analytics setting.
• Post-secondary degree is required (preferably in a quantitative field: i.e. Math, Statistics, Financial Risk Management, or similar). A Master’s Degree is an asset.
• Demonstrated ability in predictive modeling and quantitative forecasting including logistic regression, decision trees, cluster analysis and others advanced modeling techniques.
• Proven experience in manipulating data to draw insightful conclusions using tools like SAS, SQL, R or Python.
• High Proficiency in MS Office: Excel (Pivot tables and etc.), Word and PowerPoint; experience with other visualization tools such as Alteryx and PowerBI is an asset.
• Good understanding of Retail Financing and/or Cards products and their origination processes is an asset.
• Strong communication skills and the ability to interact with all levels of the organization.

We are honored to be recognized for offering a best-in-class workplace, incentives, and initiatives to our dedicated employees who have helped build Fairstone into an employer of choice.

WE ARE PROUD TO BE: Montreal's Top Employers 2023 by Canada’s Top 100 Employers!

We are honored to be recognized for offering a best-in-class workplace, incentives, and initiatives to our dedicated employees who have helped build Fairstone into an employer of choice.

Learn more: https://www.fairstone.ca/en/about/canadian-lender

Follow us on LinkedIn: https://www.linkedin.com/company/fairstone/mycompany/

If you’re seeking a role with a growing business that values employee development, Fairstone is the right place for you!

Fairstone is an equal opportunity employer. Accordingly, we will make reasonable accommodations to respond to the needs of people with disabilities. Individuals who view themselves as Aboriginals, members of visible minorities, and disabled are encouraged to apply in confidence.

Time Type: Full time

Job Type: Permanent