Senior Quantitative Risk Analyst

Location(s): Help Headquarters
Job Type: Full Time Regular
myWork Program: Hybrid
Starting Salary Range: $73,800.00 - $92,300.00
Background Screening Requirement:

Enhanced Criminal Record Check

Credit Check

Identity Verification

Employment Verification

References

Job Purpose

The Quantitative Risk Analyst supports the design, development, implementation, and ongoing maintenance of quantitative risk models that enable effective risk measurement, forecasting, and decision-making across Coast Capital. Working under the guidance of senior team members, this role performs detailed quantitative analyses and contributes to the development of analytical and numerical solutions that assess and monitor a variety of risk types, including credit risk, non-financial risk, stress testing, economic capital, and enterprise risk management. The incumbent leverages strong analytical, programming, and problem-solving skills to support model performance evaluation, risk oversight activities, and the delivery of reliable, well-documented risk models that support business objectives and regulatory requirements.

This role is hybrid remote, with occasional in-office attendance based on business needs. The role may be based out of our Surrey, BC or Toronto, ON office. The team currently meets in office approximately once per month.

Accountabilities

Assist senior team members in the design, development, implementation, validation, performance evaluation, maintenance, and risk oversight of quantitative risk models.

Support the development and maintenance of models related to stress testing, ICAAP, regulatory capital, IFRS 9, economic capital, and RAROC frameworks.

Perform detailed quantitative analyses using risk models and other analytical tools to support risk measurement, forecasting, and decision-making.

Evaluate model performance through monitoring, testing, benchmarking, and validation activities under the guidance of senior team members.

Prepare, maintain, and review model documentation, technical reports, governance materials, and communication packages.

Present findings, analysis, model performance results, and recommendations to team members and other stakeholders.

Develop, maintain, and enhance model source code and analytical tools used to support quantitative risk management activities.

Research and apply academic literature, industry trends, regulatory guidance, and quantitative modelling best practices.

Support data validation, data quality assessments, and model input reviews to ensure accuracy and integrity of modelling activities.

Collaborate with business partners and internal stakeholders to support risk management initiatives and analytical projects.

Skills & Qualifications

Bachelor's degree in Mathematics, Statistics, Economics, Finance, Data Science, Computer Science, Engineering, or another related quantitative discipline; alternatively, a diploma requiring 3-4 years of full-time study with relevant experience.

1-3 years of experience in quantitative analytics, model development, financial analysis, or a related analytical role.

Programming experience using Python or similar analytical tools.

Knowledge of statistical analysis, quantitative modelling techniques, and analytical problem-solving methodologies.

Experience supporting or operating quantitative models in areas such as credit risk (e.g. PD, LGD, EAD models), market risk, liquidity risk, stress testing, regulatory capital, IFRS 9, or economic capital is an asset.

Experience reading and interpreting financial statements is considered an asset.

Ability to communicate complex quantitative and technical concepts in a clear, concise, and effective manner.

Demonstrated ability to prioritize tasks, manage competing deadlines, and work effectively in a team environment.

Willingness to learn advanced quantitative modelling techniques, risk management frameworks, and industry best practices.

Strong organizational skills and commitment to producing accurate, high-quality work.

Equity, Diversity & Inclusion at Coast Capital

Don't meet every single requirement? At Coast Capital, we believe everyone has potential. We are committed to building better, brighter, more inclusive futures for everyone - including our employees. We see the potential in our employees to achieve amazing things and want to invest in your future. If you're excited about this career opportunity and your experience may not perfectly align with every qualification in this job posting, we still encourage you to apply. You may be just the right candidate for this or other opportunities at Coast Capital.

At Coast Capital, we are committed to equity, diversity and inclusion. We strongly encourage applications from Indigenous Peoples, Black, and racialized persons, persons with disabilities, people of diverse sexual and gender identities and women. We value applicants who have demonstrated a commitment to equity, diversity and inclusion and recognize that diverse perspectives, experiences and expertise benefit of our employees, our members, and our community.

Coast Capital is committed to providing an accessible recruitment experience. If you are a candidate with a disability and require accommodation(s) during any stage of the recruitment process, please contact us at accessibility@coastcapitalsavings.com or 778-391-5836. This contact is intended solely for inquiries or feedback related to accessibility barriers, accommodation requests or alternate format requests. We will work with you to ensure your needs are met. You will only receive a response to inquiries related to these topics.


Why join Coast Capital Savings?

Purpose is our North Star. We look at everything through our purpose. It informs the advice we provide our members, the experiences and products we create, and the programs we build to support our employees and communities.

Committed to inclusion and engagement. We have an ongoing focus on equity, diversity, and inclusion and routinely track how we're doing, and what we need to do to keep improving. We foster a culture where everyone can feel safe to be who they really are and thrive.

A career that grows with you. We believe in developing our people and promoting from within. Many employees have spent decades, and sometimes their entire careers, with Coast Capital and have progressed from the frontlines to senior leadership.

Work where you're most effective. In 2020 the world changed, and that includes how we work. In response to COVID-19 we launched myWork, which gives employees flexibility in where they work based on the nature of their role.

Benefits that flex to the needs of you and your family. We offer comprehensive, customizable benefits for you and your family, so you can choose what fits best for you and your lifestyle.

Retirement options. We also take care of our employees once they retire. That's why we offer the choice of a defined contribution or defined benefit pension plan or RSP's.

Mortgage and auto financing benefits. Employees save thousands on their mortgages and auto loans with best-in-category benefits.

Real Recognition. We recognize excellence throughout the year, through an online community that lets employees give kudos and thanks throughout the year. We're human, which means we like to have fun with events, celebrations, and recognition throughout the year.

An award winning culture. We're a Platinum member of Canada's Best Managed Companies and are regularly recognized by Canada's Most Admired Corporate Cultures and the BC Top Employers Awards.

We reinvest 10% back into the community. When we do well, our communities do well. That's why since 2000 we've invested over $90 million into our member's communities.

Double your impact. Through our employee volunteer program, Coast Capital donates $10 for every hour you volunteer to a Canadian charity or non-profit of your choice.

D&I at Coast At Coast Capital, we value diversity, equity and inclusion. We're not all the same and we like it that way. We don't just accept differences - we celebrate, support, and we thrive on them for the benefit of our employees, our members, and our community. We are committed to building a team that represents a variety of backgrounds, perspectives, and skills.