Scope of Position

The Risk Reporting Analyst is an experienced professional providing data analytics support to the Alterna Savings Risk Management Department. This role will involve an understanding of the Risk Management needs and requirements and the timely analysis and delivery of reports to Management Committees, the Executive Leadership Team, the Board of Directors, and Regulators. They demonstrate excellent critical thinking skills to help management in solving business problems and taking appropriate actions.

Major Responsibilities

• Create and maintain reports and dashboards that provide management with actionable insights and tools to develop business strategies
• Utilize Excel skills to extract, validate, and clean up transactional, customer and product data, to meet regular reporting requirements as well as ad hoc requests
• Collect and analyze data, with due consideration for the influence of missing information, outliers, and extraneous variables
• Employ statistical tools to spot patterns and emerging trends, and establish correlations
• Monitor and highlight notable changes in KPIs and KRIs
• Help maintain Risk Management department’s databases and perform updates as necessary to ensure data accuracy and integrity
• Regularly examine data sets to locate and resolve mistakes
• Assist team members in estimating impact of adverse events
• Perform stress testing on Retail and Commercial credit portfolios
• Assist in quality assurance execution, test review and signs-offs as required
• Draft PowerPoint presentations for management
• Format and proofread reports for consistency and data errors
• Communicate the results of data analysis in written and verbal form to managers
• Document procedures appropriate for both technical and non-technical audiences
• Build and maintain close working relationships with subject matter experts to ensure understanding of business requirements
• Work with other business and data analysts towards a goal of implementing best practices across the organization
• Support various departments in meeting their requirements as needed

Expectations / Outcomes

• Success in developing and maintaining clear and easy to digest reports and dashboards
• Implementation of best reporting practices
• Timely collection and processing of data from multiple sources and ensuring these are free of errors
• Proper maintenance of Risk Management department’s data sets
• Help Risk Management improve efficiencies and increase productivity

Qualifications

• University degree/diploma in finance, econometrics, statistics, or related field; or equivalent working experience in business and/or reporting analysis
• 4 years experience as a reporting analyst in a similar role at this level
• Experience in a Canadian Credit Union or Bank preferable
• Knowledge of products and services offered by financial institutions including mortgages, term loans, investments, deposits, etc.
• Knowledge of suitable data analytics processes
• General knowledge of business operations, objectives, strategies, processes, and information flow
• Experience in the creation, development, and writing of technical and training procedures

Key Skills and Competencies

• Ability to use Microsoft Excel to search, extract and clean up data as well as to create and format dynamic tables and charts
• Good working knowledge of Microsoft Word and Powerpoint
• Knowledge of SQL considered an asset
• Analytical skills that allow for the development of data-driven reports
• Ability to use Microsoft Powerpoint to create and format presentations
• Ability to write clear, concise and to the point reports
• Ability to communicate effectively (verbally and written) and present recommendations for approval
• Attention to detail
• Ability to think creatively and a willingness to pursue previously untried solutions
• Ability to multitask and adapt to shifting/changing priorities
• Ability to deal effectively with people, work under pressure, and meet deadlines
• Good organizational and time management skills as well as facilitation skills
• Proven team player with a commitment to excellence and continuous improvement

About Alterna Savings

Alterna Savings and Credit Union Limited (Alterna) has been the good in banking™ for over 110 years, and based on assets under management, is one of Canada's Top 10 credit unions (CCUA, 2021). Alterna is made up of Alterna Savings and Credit Union Limited and its wholly owned subsidiary, Alterna Bank. Together, we have $10 billion in assets under management.

As the first full-service, member-owned co-operative financial institution outside Quebec, Alterna Savings shares its expertise with more than 185,000 members through a network of over 30 branches across Ontario, that includes partner Peterborough Community Savings; as well as call centre and digital channels. Members and customers also benefit from an industry-leading online brokerage, investment management services, and have access to over 43,000 surcharge-free ATMs in North America with THE EXCHANGE Network in Canada and the All point Network in the US.

Working at Alterna

Alterna offers a fast-paced, impactful work experience in an organization that cares about doing good. For over 110 years, Alterna has been creating financial services that transform lives for the better, all while giving back to our community.

We are incredibly proud of our corporate culture, where everyone works together towards a common goal, the financial wellbeing of our members and customers. This commitment has earned us several prestigious employer awards, including the National Capital Region's Top Employers award for six years running.

• Although we appreciate all applicants, preference will be given to candidates who most closely meet the qualifications, key skills, and competencies outlined above.

• Alterna is compliant with the Ontarians with Disabilities Act. If you have a disability, please contact the recruiter to let us know how we can accommodate you.