Director, Credit Risk Management

3 weeks ago


Toronto ON, Canada Madison-Davis, LLC Full time

Office Status: HybridResponsibilities:Lead and manage the financial risk management function - credit risk with a particular emphasis on portfolio management. Develop and implement robust risk management policies, procedures, and frameworks in alignment with regulatory requirements and industry best practices. Perform portfolio deep dives and analysis & assessment of risk exposures along with, identifying emerging risks and opportunities. Collaborate closely with senior management, Front office / Coverage bankers business units, and other stakeholders to optimize risk-return trade-offs and support strategic decision-making. Participate in annual risk appetite refresh specifically with regards to establishing, back testing and calibrating Credit & portfolio Metrics, Limits and KRIs Ensure the timely and accurate reporting of risk metrics, key risk indicators (KRIs), and risk appetite metrics to senior management and relevant committees. Lead the development and implementation of stress testing, scenario analysis, and sensitivity testing frameworks to assess the resilience of the bank's portfolios under various economic scenarios. Support long- and short-term planning, new product development, Credit Portfolio Committee and risk management meetings. Network within the industry through meetings, events and involvement with trade organizations to better understand emerging risk trends and credit products. Stay abreast of market developments, regulatory changes, and industry trends impacting financial risk management, providing insights and recommendations to senior leadership. Provide strategic guidance and direction to the Front office / Coverage bankers, fostering a culture of excellence, collaboration, and continuous improvement. Build and maintain effective relationships with regulators, auditors, and external partners, ensuring compliance with regulatory requirements and audit standards.



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