Original listing text, shown exactly as published by the company.
Main Responsibilities
Team and Operational Support
- Support day-to-day team operations, including daily tasks, monthly and quarterly reporting
- Support in the development of risk strategy for the reverse mortgage business, including
forecasting, key insights, recommendations and planning
- Drive projects and initiatives with internal stakeholders, often independently, and operate
within our risk appetite, regulatory guardrails and internal policies
- Support all testing, including UAT and BVT support for changes
Risk, Controls and Regulatory support
- Support the implementation and execution of risk and control frameworks within the business
unit
- Identify operational risks, control gaps or weaknesses and process inefficiencies
- Participate in root cause analysis and support development of mitigation actions
- Maintain documentation of processes, controls, and standard operating procedures.
- Support AML, fraud, privacy and regulatory assessments as required
- Assist in regulatory change management activities, including testing and documentation
Credit and Portfolio Monitoring
- Assist in monitoring portfolio trends, including exceptions trends, Key Risk Indicators, and
default
- Prepare periodic reports and dashboards to support decision-making
- Escalate emerging risks or unusual trends to management
- Support regulatory activities such as reporting, re-appraisal process, and portfolio monitorin
Knowledge/Skill Requirements
- A University degree in Business/Finance preferred
- A minimum of five years’ experience in a Canadian financial institution.
- A minimum of three to five years in a related role pertaining to residential mortgage or reverse
mortgage origination (underwriting and operational).
- Sound understanding of banking products in Canada
- Understanding of the related regulatory requirements (OSFII B20, AML/ATF)
- PC skills including Microsoft Outlook, Word, Excel, Power Point, related applications and other
software applications used within the organization.
- Excellent organizational skills and ability to complete responsibilities in a busy and time-sensitive
environment.
- Strong analytical skills.
- Strong verbal and written communication skills.
