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At Coast Capital, we’re not dreaming about a better future, we’re building one.

As a member-owned cooperative, we’re helping our members with their real goals and real challenges so they can live the real life they want. It’s what we’ve been doing for over 80 years, and it’s why today we stand almost 600,000 members strong. Plus, we invest 10% of our budgeted profits back into our community – almost $90 million since 2000 alone – because when our members do well, we believe our communities should do well too.  

Quantitative Risk Assistant

Location: Vancouver, Calgary, Toronto 

Job Type: Full Time 

myWork Options: In-person, Remote, Hybrid

 

What's the job?

As the Quantitative Risk Assistant, you will support the implementation and validation of quantitative risk models under the supervision and guidance of senior team members for a wide range of internal customers. The models measure and forecast various organizational risks, including credit, market, liquidity, etc. You will also carry out detailed analyses using these risk models. This highly technical role requires the incumbent to develop analytical or numerical solutions.

 

What you'll get to do: 

• Assist senior team members in the design, development, validation, performance evaluation, maintenance, and risk oversight of models in some of the following areas: stress testing, ICAAP, scorecards, Commercial risk rating systems, liquidity, interest rate risk in the banking book, market risk, regulatory capital, IFRS-9, economic capital and RAROC.

• With oversight, prepare and review model documentation and communication materials.

• Perform detailed analyses using risk or other models.

• Present model design, development, validation, performance evaluation, maintenance, and risk oversight results to the team or other stakeholders.

• Write model source code.

• Research academic literature and industry best practices.

 

Who You Are:

• You have at least 1-3 years of job-related experience in computer programming skills/experience in Python, Matlab, or VBA.

• Bachelor's Degree or a diploma requiring 3 - 4 years of full-time study.

• Ability to explain complex concepts clearly and efficiently.

• Experience reading financial statements and assets.

• You are proficient in MS Office.

• You have great attention to detail and a willingness to learn complex quantitative modelling techniques.

• Ability to prioritize and work in a team environment.

 

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.

 

We strive to provide an accessible candidate experience for our candidates with different abilities. If you require any accommodations, please contact corrine.bell@coastcapitalsavings.com. We will work with you to meet your needs.  

Why join Coast Capital?

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.
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