Risk Management Analyst

Risk Management Analyst

Job Purpose & Summary

Reporting to the Director, Commercial Credit, the Risk Management Analyst will contribute to DUCA’s risk management related to the Commercial Lending portfolio by assisting with adjudication support, quality assurance, portfolio monitoring, reporting, and project coordination. The Risk Management Analyst will review deals received from the Commercial Lending team, analyze them, and will make a recommendation on whether the deal is within DUCA’s risk guidelines.

Key Accountabilities & Duties

• Assist in the end to end adjudication process for new credits and annual reviews in accordance to DUCA credit policy and guidelines. This includes reviewing due diligence documents (e.g. appraisals, environmental reports, lease agreements, industry reports etc.), checking financial spreadsheets, risk rating, financial models and sensitivity analysis
• Use sound credit judgement to assess, analyze and present well-written recommendations for adjudication on new deals and annual reviews
• Checking and reviewing commitment letters and construction draw requests.
• Undertake quality assurance reviews on commercial credit portfolio, track audit action items and coordinate with stakeholders (lenders, funding team, analysts, adjudication team)
• Prepare reports and presentation for Credit Committees, senior management and Board of Directors in commercial credit risk management
• Act as a coordinator for various project initiatives, as assigned by credit management (e.g. policy review, process improvement etc.)

Occupational Experience & Education Requirements

• Bachelor’s degree in business/finance/economics. Pursuing or having a Master’s level degree or other related designations (CFA, FRM, CA etc.) are considered an asset.
• 1-3 years of work experience in a financial institution or related field considered an asset
• Previous experience with financial statement analysis

Knowledge, Skills & Attributes

• Knowledge of different lending products and sound lending practices
• Knowledge of the commercial real estate sector considered an asset
• Ability to analyze financial statements and perform meaningful financial analysis
• Ability to articulate complex problems into succinct analysis
• Strong relationship management and collaboration skills
• Demonstrated problem solving skills
• Strong attention to detail
• Excellent written and verbal communication skills
• Client-focused mindset drive to do what is best for our Members
• Proficient with Microsoft Excel, Word and PowerPoint.

Working Conditions

Normal office environment

Department: Commercial Credit

Primary Location: 5255 Yonge St., North York ON

Employment Status: Full-time

Hours per Week: 38

Job Grade Level: 6

About DUCA

DUCA exists to help people do more, be more and achieve more with their money and their lives. We’re driven by a co-operative philosophy that puts our Members (and Owners) at the centre of every decision we make, gives them a voice in how we’re run, and rewards them for their loyalty by sharing our profits.

At DUCA, we’re dedicated to creating a positive environment where our employees have growth and development opportunities, a healthy work/life balance, opportunities to give back to the community, and a focus on doing what is right for our Members. DUCA offers a competitive total compensation package including base salary, a short-term incentive (bonus) program, a comprehensive benefits program, pension plan, and employee banking benefits.

DUCA fosters a culture where contribution, communication and community are valued and encouraged. We offer competitive compensation and benefits and the opportunity for growth and development.

DUCA is committed to employment equity and encourages applications from all qualified candidates. Recruitment related accommodations will be provided upon request.

Qualified applicants are encouraged to submit their application. Applications must include both a resume and cover letter. We thank all applicants but only those considered for an interview will be contacted.