Director Financial Risk Management

1 week ago

Old Toronto, Ontario, Canada Robert Walters Canada Full time
Director Financial Risk Management - International Bank

Save job

Contract type: FULL_TIME

Focus: Risk

Workplace Type: Hybrid

Experience Level: Mid Management

Contract type: FULL_TIME

Specialism: Risk & Compliance

Focus: Risk

Industry: Banking

Salary: Above market benefits

Workplace Type: Hybrid

Experience Level: Mid Management

Location: Toronto, Ontario

FULL_TIME

Consultant: Dan Cardon

Job reference: 6WMWKW-36572CCB

Date posted: May 24, 2024

toronto risk-and-compliance/risk banking Toronto Ontario Bay Street CA Robert Walters true

Our client is an international bank and a key player in the global financial industry.With a strong presence in multiple countries, they provide a wide range of banking services including corporate banking, investment banking, wealth management, and retail banking. Committed to excellence, innovation, and integrity, they strive to deliver exceptional financial solutions to their clients while maintaining the highest standards of risk management.

Job Description: As the Director of Portfolio Credit Risk based in Toronto, you will be responsible for overseeing the credit risk management function for our bank's portfolio in the Canadian market. Working closely with global stakeholders, you will gorw and lead a team of credit risk professionals and ensure effective credit risk management practices are implemented and maintained in accordance with regulatory requirements and internal policies.

Key Responsibilities:

Portfolio Risk Management: Develop and implement strategies for monitoring and managing credit risk within the bank's portfolio in the Canadian market, including corporate, commercial, and retail lending.

Credit Policy and Procedures: Review and enhance credit policies, procedures, and underwriting standards to ensure alignment with regulatory requirements and industry best practices in Canada.

Credit Analysis and Due Diligence: Oversee the credit analysis process for Canadian clients, including conducting thorough due diligence on new credit proposals, reviewing credit documentation, and assessing creditworthiness.

Portfolio Monitoring and Reporting: Establish robust monitoring mechanisms to track credit exposures, identify emerging risks, and provide regular reports on portfolio performance to senior management and relevant stakeholders.

Risk Assessment and Stress Testing: Conduct periodic risk assessments and stress tests to evaluate the impact of adverse scenarios on the Canadian credit portfolio and recommend appropriate risk mitigation strategies.

Regulatory Compliance: Ensure compliance with Canadian regulatory guidelines and requirements related to credit risk management, as well as adherence to global standards set by the bank.

Team Leadership and Development: Lead and mentor a team of credit risk professionals based in Toronto, providing guidance, training, and performance feedback to foster a high-performing and collaborative work environment.

Stakeholder Engagement: Collaborate closely with global and regional stakeholders, including business units, risk management teams, and external auditors, to address credit risk-related issues and drive effective risk management practices.

Qualifications:

  • Bachelor's degree in Finance, Economics, Risk Management, or related field; advanced degree (e.g., MBA, CFA) preferred.
  • Extensive experience (minimum 10 years) in credit risk management within the banking industry, with a focus on portfolio risk management in the Canadian market.
  • Strong understanding of Canadian regulatory requirements and frameworks governing credit risk management.
  • Proven leadership skills with experience in managing and developing teams of risk professionals.
  • Excellent communication and interpersonal skills, with the ability to effectively engage and influence stakeholders at all levels of the organization.
  • Analytical mindset with the ability to think strategically and make data-driven decisions.

Come join our global team of creative thinkers, problem solvers and game changers. We offer accelerated career progression, a dynamic culture and expert training.

#J-18808-Ljbffr

  • Director Financial Risk Management

    1 week ago

    Old Toronto, Ontario, Canada Robert Walters Canada Full time

    Director Financial Risk Management - International Bank Save job Contract type: FULL_TIME Focus: Risk Workplace Type:Hybrid Experience Level: Mid Management Contract type: FULL_TIME Specialism: Risk & Compliance Focus:Risk Industry:Banking Salary: Above market benef

  • Director, Research

    1 week ago

    Toronto, Ontario, Canada Global Risk Institute Full time

    COMPANY BACKGROUND / CULTUREThe Global Risk Institute (GRI) is a premier organization that defines thought leadership in risk management for the financial industry. GRI brings together leaders from industry, academia, and government to draw actionable insights on risks globally.The organization was founded in 2010 as a result of efforts by the financial...

  • Director, Financial Planning

    1 week ago

    Old Toronto, Ontario, Canada AGF Management Limited Full time

    Director, Financial Planning & Analysis page is loaded Director, Financial Planning & Analysis Apply locations Toronto, ON time type Full time posted on Posted 14 Days Ago job requisition id R10950 About AGF:Founded in 1957, AGF Management Limited is an independent and globally diverse asset management firm. AGF brings a disciplined approach to delivering...

  • Director Financial Risk Management

    1 week ago

    Toronto, Ontario, Canada Canada Life Full time

    The CompanyA unique opportunity in our Financial Risk Management team to apply your strategic business acumen, technical expertise and strong communication skills to develop guidance and risk advice for senior stakeholders.Great-West Lifeco is an international financial services holding company with interests in life insurance, health insurance, retirement...

  • Director of Credit Risk and Underwriting

    4 weeks ago

    Toronto, Ontario, Canada OTT Financial Full time

    OTT Pay Group Inc. "(OTT Pay)" is a fully funded established FINTECH focused on delivering simplified financial payment products. With a strategic emphasis on both Acquiring and Issuing businesses, we are developing a mobile-first platform that offers straightforward banking services, loyalty solutions, and innovative products including credit cards,...

  • Director of Credit Risk and Underwriting

    1 month ago

    Toronto, Ontario, Canada OTT Financial Full time

    OTT Pay Group Inc. "(OTT Pay)" is a fully funded established FINTECH focused on delivering simplified financial payment products. With a strategic emphasis on both Acquiring and Issuing businesses, we are developing a mobile-first platform that offers straightforward banking services, loyalty solutions, and innovative products including credit cards,...

  • Director, Events and Education

    1 week ago

    Toronto, Ontario, Canada Global Risk Institute Full time

    The Company The Global Risk Institute (GRI) is a premier organization that defines thought leadership in risk management for the financial industry. GRI brings together leaders from the financial services industry, academia, and government to draw actionable insights on risks globally. The organization was founded in 2010 as a result of efforts by the...

  • Risk Manager

    1 week ago

    Old Toronto, Ontario, Canada Sun Life Financial Full time

    You are as unique as your background, experience and point of view. Here, you'll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll...

  • Manager Risk

    1 week ago

    Toronto, Ontario, Canada Sun Life Financial Full time

    Manager, Information Security Risk page is loaded Manager, Information Security Risk Apply locations Toronto, Ontario time type Full time posted on Posted 2 Days Ago job requisition id JR You are as unique as your background, experience and point of view. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge...

  • Sr Director, Sustainable Finance Research

    1 week ago

    Toronto, Ontario, Canada Global Risk Institute Full time

    The CompanyThe Global Risk Institute (GRI) is a premier organization that defines thought leadership in risk management for the financial industry. GRI brings together leaders from the financial services industry, academia, and government to draw actionable insights on risks globally.The organization was founded in 2010 as a result of efforts by the...

  • Manager, Enterprise Risk Management

    1 week ago

    Toronto, Ontario, Canada CI Financial Full time

    At CI, we see a great place to work as one that is a safe place for everyone to have a voice, where people are empowered to take ownership over meaningful work, where there is an opportunity to grow through stretching themselves, where they can work on innovative products and projects, and where employees are supported and engaged in doing so. ...

  • Financial Risk Management

    1 week ago

    Toronto, Ontario, Canada Canada Life Assurance Company Full time

    Job Description:Financial Risk Management team provides independent advice to senior management and the Board of Directors, and helps to support the oversight of market, credit and liquidity risks, and investment strategies across our group of companies. Our team is fast-growing and dynamic, enabling you to draw upon a diverse range of knowledge, experience...

  • Associate Director, Group Risk Management

    1 week ago

    Toronto, Ontario, Canada Royal Bank of Canada Full time

    Job SummaryAs part of the Group Risk Management (GRM) team, the Associate Director, Wholesale Credit Risk, will provide risk assessment and adjudication for complex Capital Markets transactions.As trading and lending credit risk is the predominant form of credit risk that RBC incurs with respect to Asset Manager Sponsors and Financial Market Infrastructures...

  • Lead Application Support Specialist

    1 week ago

    Old Toronto, Ontario, Canada Validus Risk Management Full time

    DescriptionWe are seeking a highly skilled and motivated Lead Application Support Specialist with extensive experience in trading systems to oversee the application support team for our Horizon platform. The successful candidate will ensure high levels of customer satisfaction through effective support and problem-solving, maintaining application...

  • Lead Application Support Specialist

    1 week ago

    Old Toronto, Ontario, Canada Validus Risk Management Full time

    We are seeking a highly skilled and motivated Lead Application Support Specialist with extensive experience in trading systems to oversee the application support team for our Horizon platform. The successful candidate will ensure high levels of customer satisfaction through effective support and problem-solving, maintaining application performance, and...

  • director of risk management and legal

    1 week ago

    Toronto, Ontario, Canada Canadian Imperial Bank of Commerce Full time

    Director, Operational Risk Management page is loaded Director, Operational Risk Management Apply locations Toronto, ON time type Full time posted on Posted 2 Days Ago job requisition id We're building a relationship-oriented bank for the modern world. Global Operational Risk Management (GORM) is the 2nd Line of Defense group responsible for providing...

  • Manager, Credit Risk

    1 week ago

    Toronto, Ontario, Canada PC Financial Full time

    All referred applicants must first be submitted through Workday by a current Loblaw Colleague.Location:500 Lakeshore Blvd. West, Toronto, Ontario, M5V 2V9When you hire great people, great things can happen.PC Financial offers unprecedented value to Canadians through payment products. We're a different kind of bank with a different type of team—we're...

  • Associate Director, Group Risk Management

    4 weeks ago

    Toronto, Ontario, Canada RBC - Royal Bank Full time

    Job SummaryAs part of the Group Risk Management (GRM) team, the Associate Director, Wholesale Credit Risk, will provide risk assessment and adjudication for complex Capital Markets transactions.As trading and lending credit risk is the predominant form of credit risk that RBC incurs with respect to Asset Manager Sponsors and Financial Market Infrastructures...

  • Associate Director, Group Risk Management

    1 month ago

    Toronto, Ontario, Canada RBC - Royal Bank Full time

    Job SummaryAs part of the Group Risk Management (GRM) team, the Associate Director, Wholesale Credit Risk, will provide risk assessment and adjudication for complex Capital Markets transactions.As trading and lending credit risk is the predominant form of credit risk that RBC incurs with respect to Asset Manager Sponsors and Financial Market Infrastructures...

  • Sr Director, Sustainable Finance Research

    1 month ago

    Toronto, Ontario, Ontario, Canada Global Risk Institute Full time

    The CompanyThe Global Risk Institute (GRI) is a premier organization that defines thought leadership in risk management for the financial industry. GRI brings together leaders from the financial services industry, academia, and government to draw actionable insights on risks globally.The organization was founded in 2010 as a result of efforts by the...