Senior Analyst Mortgage Finance
Job Overview
Job title: Senior Analyst Mortgage Finance
Job description: Location: Winnipeg
Division: IGM Finance
IGM Financial Inc. is one of Canada’s leading diversified wealth and asset management companies with approximately $271 billion in total assets under managements. The company provides a broad range of financial planning and investment management services to help more than two million Canadians meet their financial goals. Its activities are carried out principally through IG Wealth Management, Mackenzie Investments and Investment Planning Counsel.
Under IGM Financial’s unique business model based on leading brands and multi-channel distribution strategy, we’re IG Wealth Management. For over 90 years of business we have grown to become one of the largest most respected companies in Canada. We are a leader in providing the best advice, experience and outcomes for our clients, personalized throughout their lifetime. We are proud to be recognized among Canada’s Top 100 Employers (2022) by Mediacorp Canada Inc. in the national ranking for our focus on supporting employees with a number of initiatives that promote personal wellness with a focus on four key pillars including physical, mental, social and financial health. This is your opportunity to build a career with a leading organization where you can learn, grow and thrive both professionally and personally.
At IG Wealth Management, our vision is to inspire financial confidence.
You will join a team that that believes our success starts with the success of our clients, while working together as a team to realize our greatest potential. You will join a team that strives towards excellence while developing and sharing skills and knowledge. You can make a difference for our clients, the world around us and be part of a team that cares. We are dedicated to offering a hybrid work environment when applicable.
IG Wealth Management is a diverse workplace committed to doing business inclusively – this starts with having a representative workforce! We encourage applications from all qualified candidates that represent the diversity present across Canada – including racialized persons, women, Indigenous persons, persons with disabilities, 2SLGBTQIA+ community, gender diverse and neurodiverse individuals, as well as all who may contribute to the further diversification of ideas.
Position
As a Senior Financial Analyst in the Corporate Investments and Treasury department, you will be involved in all aspects of the Mortgage Banking Operations (MBO) including financing, risk management, and forecasting. This position requires strong analytical and problem-solving skills to provide analytical support and the preparation of presentation materials for our team.
Responsibilities:
Architect and maintain databases with key business information obtained from internal and external data sources, mine and analyze data for actionable insights, trends or other statistical correlations
Prepare annual and monthly mortgage business volume and profitability forecasts based on data analysis and trends. Annually, work with key stakeholders to prepare comprehensive business operating plan, including anticipated funding volumes, mix and attrition assumptions, understanding expected interest rate environment, funding costs, mortgage margins and expected MBO revenue.
Review actual mortgage business volumes & profitability relative to forecasts, and prepare reporting for senior management to communicate the key volume and rate drivers of MBO profitability, including review of mortgage funding volumes, interest rate environment, mortgage margins, financial risks, and industry trends
Review our published interest rates and margins for accuracy and completeness and follow up with internal stakeholders as required
Collect and consolidate daily information on mortgage flows (fundings, sales, etc.), analyze these metrics relative to the annual business operating plan, and refine short-term mortgage financing requirements forecasts
Complete liquidity and other risk sensitivity testing, sharing results with colleagues across the Corporate Investments & Treasury department
Review and recommend any required updates to various control documents
Provide finance support as necessary on corporate and business development opportunities, and other ad-hoc analysis
Requirements:
Undergraduate degree with focus in business, finance, statistics, economics, or data management. Willingness to pursue a financial designation (e.g., CFA, FRM, CBV, etc.) would be considered an asset
2 to 5 years related work experience
Strong analytical skills with attention to details. Inherent drive to understand is the underlying drivers of business results
High proficiency in PC applications, Excel, Word, PowerPoint, and database technologies
Strong verbal and written communication skills including demonstrated ability to develop executive level presentations
Highly organized with ability to work independently and manage multiple demands under tight time constraints
Strong interpersonal skills
Please visit our career page by clicking on the following link: https://www.ig.ca/en/careers
For internal applicants, please share with your current leader your intent to apply to the role. In the event that you are selected, please let your Talent Acquisition Partner know if you are in any other internal recruitment process.
We thank all applicants for their interest in IG Wealth Management; however only those candidates selected for an interview will be contacted.
IG Wealth Management is an accessible employer committed to providing a barrier free recruitment experience. If you require an accommodation or this information in an alternate format at any stage of the recruitment process, please reach out to the Talent Acquisition team who will work with you to meet your needs.
For additional information regarding this position, contact Gord Brown.
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Company: IG Wealth Management
Expected salary:
Location: Winnipeg, MB
Job date: Thu, 06 Oct 2022 04:35:06 GMT
Job Source: Careerjet.ca