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Credit Risk Manager 2

Job Highlights
Toronto
Contract
$85,000

About the Opportunity

  • Analyze and synthesize risk exposures, credit losses, root causes and control gaps to proactively identify risk exposures and control gaps. Present findings and analysis results to the CRO and the Leadership Team as needed
  • Support the Bank’s credit risk (loan) portfolio management with the adequate limits and review the credit data adequacy in order to make the portfolio management reporting to the Board accurate
  • Support the CRO and Risk Management Committee (RMC) with actionable insights to make informed, risk-based decisions
  • Prepare and submit reports to the CRO, senior management, RMC, Parent bank, and regulatory bodies as needed
  • Establish and maintain the Bank’s Credit Risk Management Framework in accordance to OSFI’s Guidelines aligned with the Bank’s strategy and other risk management functions
  • Review and monitor the Bank’s effective Credit Risk Framework and as well support operational risk management, model risk, third party risk, BCM, fraud risk, KPIs and other risk categories as required or assigned.
  • Review and monitor the Bank’s Fraud Risk Management program in alignment with the operational risk management framework
  • Perform an independent review on new initiatives of the Bank as part of change management of the Bank
  • Coordinate and report RCSA, Loss data and KRI on a regular basis
  • Review and monitor the Bank’s BCP (Business Contingency Plan) and related measurements such as BIA (Business Impact Analysis), RA (Risk Assessment) and MCA (Mission Critical Activities) on a regular basis. 
  • Provide oversight and ensure compliance to Bank’s policies and procedures from regulatory requirement

About You

  • Bachelor’s Degree in accounting, finance, risk management or other related field required and/or Chartered Accountant is preferred
  • Retail Lending, Commercial Lending and Risk Management Background
  • Policy writing experience and/or Credit risk management policy sponsorship
  • Strong research and communication skills (verbal and written) including presentation skills
  • Demonstrated analytical thinking to solve complex problems
  • Strong time management and ability to handle multiple projects
  • Excellent documentation skills related to policies/guidelines/procedures/manuals
  • Experience in VBA or SQL is also considered an asset
  • Experience in analyzing and providing insights on OSFI and Basel II & III regulations is considered an asset
  • Strong lending experience
  • Data Governance
  • Credit Risk Model development/ownership/validation experience an asset
  • 3-5 years of relevant experience
  • 3-5 years of people management experience is an asset
  • Professional Certification/Membership Requirements
  • CRM, CPA designation or FRM
  • In pursuit of any risk management related designation, is an asset
  • Planning and Organizing skills
  • Risk, compliance and audit mindset
  • Underwriting
  • Adjudication
  • Good understanding of Canadian laws and regulations and guidelines
  • Local market knowledge
  • Knowledge of Policy Development processes
  • Specialized subject matter expertise and knowledge
  • Bilingual preferred (English & Korean)

How to Apply

Click the “Apply Now” button and follow the instructions to submit your resume. Please note that we only accept documents in MS Word or Rich Text formats. When referencing this job, quote #29839.

You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.

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Credit Risk Manager 2

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