Vice President Credit Portfolio Risk

6 days ago


Toronto, Canada Altis Recruitment Full time

Our banking client is currently seeking a permanent Vice President, Credit Portfolio Risk to join their growing team. The ideal candidate will have experience overseeing the financial risk management function, with a primary focus on portfolio management.


This is a hybrid position that offers a competitive rate and opportunities for growth and development.


RESPONSIBILITIES:

  • Lead and manage the financial risk management function - credit risk with a particular emphasis on portfolio management.
  • Develop and implement 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, 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 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.


QUALIFICATIONS:

  • Minimum of 8-10 years’ experience in risk management or related areas, including banking, finance, regulatory, compliance, strategy or consulting.
  • Postgraduate degree in business, finance, or other related subjects
  • Knowledge of risk management programs
  • Knowledge of advanced understanding of credit markets and risk analysis to create models, risk ratings, loss estimates and risk management strategies
  • Strong analytical and communication skills



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