Senior Credit Risk Analyst

Job Description

KOHO’s purpose is to empower Canadians to build a great financial foundation with products that are radically transparent and easy to manage. We first launched in 2017, and we have since built a community of over 1.5 million users. Leading investors around the globe believe in our vision, and we’ve successfully raised over $320M to make our vision a reality.

Discover our culture here and get the inside scoop from our team here!

Reporting to the Director of Credit Risk, you'll be providing ongoing monitoring on the health of all credit products and performance/effectiveness of credit strategies. You’ll also be leading the credit provisioning and portfolio evaluation process to ensure ongoing adequacy of the credit reserves.

This role offers a broad base of exposure to multiple areas of risk management, with an opportunity to make a significant impact within our organization.

• Create weekly/monthly/quarterly reporting or dashboards of key financial and risk metrics at both product and portfolio level

• Build loss forecasting models

• Develop, maintain and implement credit risk models and strategies

• Conduct deep dive or ad-hoc analysis on data and make actionable recommendations

• Monitor performance of credit strategies and improve credit strategies by exploring new and alternative data sources

• Represent the credit risk function and work closely with key stakeholders (e.g., Product, Finance, Data, Engineering) to understand reporting needs and improve reporting

• Proven experience in credit risk reporting within a financial institution

• Experience in building credit risk machine learning models is nice to have

• Experience with Data Visualization tools to build dashboards

• Experience in loan loss forecasting, loss provision and predictive modelling would be an asset

• Experience with monoline lenders/Fintechs would be an asset

• Experience with cloud-based platforms such as AWS or GCP would be an asset

• Proficient in SQL, Python and Excel

• Experience with the use of alternative data or Non-Prime lending would be nice to have

• Strong analytical and problem-solving skills

• Intellectual curiosity and ability to learn quickly

• Clear and effective verbal and written communication skills

• The ability to manage and track multiple priorities

We invest time and resources into making sure KOHO is as good as the people we hire. Here are some of the reasons we attract the best people:

🧘‍♂️ Balance Your Life - Company-wide summer wellness days, winter holiday closure, personal days, a wellness spending account, and maternity & parental leave top-up

💻 Remote First - Work from anywhere in Canada with a budget to set up your home office

🆙 Level Up - Access to an in-house certified performance coach and an annual training budget

🙌 The KOHO Culture - We have won 7 "Great Place to Work ®" awards since 2019

🤝 Be an Owner - Every KOHO employee gets a generous amount of equity with a 10 year exercise window

The KOHO culture is one of collaboration, creativity, and diverse perspectives. We are committed to building and fostering an inclusive, accessible environment for everyone. If you have any questions, concerns, or requests regarding accessibility needs, please contact peopleaccessibility@koho.ca and the People and Culture team will be happy to help.

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