Senior Analyst, Risk

  • 34205
  • Non-Life - Other
  • |
  • Ontario, Canada
  • |
  • Sep 13, 2018
  • |
  • Billingual (English & French)
  • Reviewing files, aggregating file review results, and preparing results for the input into the preparation of a summary report for review by senior management.
  • Participating in the monitoring of subsequent corrective action.
  • Performing research of industry standards, changes to guidelines and regulations and changes both internally and externally impacting the Insurance business.
  • Supporting the application and the evolution of the existing Enterprise Risk Management Policies related to compliance, file reviews and quality assurance.
  • Preparing for reviews including selecting the files for review; retrieving required data from databases; and developing and refining the specified procedures/checklists.
  • Participating as a member in the conduct of reviews and in debriefing meetings.
  • Ensuring that the parameters of the reviews are adequately and sufficiently documented, and related working papers are adequately stored and protected.
  • Assisting with the development of annual work plans.
  • Monitoring and reporting on the ongoing underwriting and default management actions aimed at addressing any risk / compliance concerns arising from reviews and contributing to recommendations with respect to any additional actions that should be taken.
  • Bachelor’s degree, preferably in Commerce, Economics, Statistics, Mathematics or Finance or a related field and a minimum of three years of related experience OR an equivalent combination of related education and experience.
  • Demonstrated experience in the mortgage, finance or insurance industry.
  • Experience in the use of computer based tools including SAS EG, PowerPlay, Cubes, spreadsheet, etc. is an asset.
  • Demonstrated experience doing quantitative and qualitative analysis.
  • Strong and demonstrated comprehension of the life cycle of an insured-loan, including the company’s expectations with respect to the underwriting, default management and claims adjudication processes.
  • Ability to gather data from many sources, synthesize information, draw conclusions and make recommendations based on solid research.
  • Advanced knowledge of MS Excel.
  • Strong verbal and written communication skills.
  • Strong research skills.
  • Strong organizational skills to manage several on-going projects at one time.
  • Ability to work in a multi-disciplinary team environment.
  • Ability to travel.
  • Bilingualism would be considered an asset.