Credit Risk Manager

Join to apply for the Credit Risk Manager role at Canada Infrastructure Bank/ Banque de l'infrastructure du CanadaHeadquartered in Toronto, the Canada Infrastructure Bank (CIB) is responsible for investing in new infrastructure projects. The CIB’s mission is to work with provincial, territorial, municipal, federal, Indigenous and private sector investor partners to transform the way infrastructure is planned, financed and delivered in Canada. Reporting to the Director, Credit Risk, the Manager, Credit Risk, will focus on infrastructure credit risk assessment, including revenue risk and availability‑based infrastructure financing models, throughout the underwriting process: from structuring to financial close, followed by reviews and analysis post transaction closing in coordination with the investments team and other areas of the CIB.ResponsibilitiesPerforms and/or reviews timely credit risk analysis on individual investments across all of CIB’s priority sectors as requiredReviews transaction financial models and extracts relevant information for internal risk analysis and reporting as requiredUses risk rating tools to spread financial statements and applies applicable methodology to assess credit risk ratings and make corresponding rating recommendationPerforms and/or reviews independent scenario and sensitivity analysis, including PPP and infrastructure transactions subject to revenue riskPerforms counterparty risk assessment, in particular under project finance & PPP revenue structures or under corporate structures as applicable, and performs regular monitoring post transaction closingReviews internal and external transaction documentation including information memoranda, contractual agreements, financial models and other project finance‑related documentation in the performance of the above credit risk assessments, as requiredSupports Directors and Senior Managers in the ongoing risk monitoring of the portfolio, including reviewing the accuracy and completeness of annual reviews prepared by Asset Management, preparing internal Risk Rating refreshes and performing a host of internal credit monitoring and control activities related to the portfolioReporting on credit‑related metrics and performance to the Head, Risk, on a regular basis with respect to the investments portfolio under his/her responsibility and any market (interest rate, inflation, FX) or sector developments impacting the portfolio and maintaining relevant recordsMaintains good knowledge of global revenue infrastructure financing models and industry developments, including policy financing productsQualificationsDegree in Finance, Accounting, Economics or equivalent experience; CFA, MBA, highly desirableMinimum 4+ years of credit analysis experience, ideally at a bank, regulated institution or MDB/IFIsExperience with infrastructure asset class, PPPs, project finance, preferably in any of the CIB’s priority sectorsExpertise in lending, investments and risk assessment best market practicesExperience in credit risk rating methodologies, including infrastructure and project financeExperience in infrastructure financing under revenue risk and availability‑based modelsStrong analytical skills and ability to summarize complex structures and related risks in a clear and concise mannerStrong modelling skills and experience in using excel, MS word, PowerPoint and similar industry softwareExcellent written and verbal communication skillsExperience with finance and risk models and use of related industry softwareExperience with policy‑related mandates would be a strong assetExcellent communication and personal organizational skillsFamiliarization with quantitative analysis and financial modelling to support business/investment decisionsJob DetailsSeniority level: Mid‑Senior level. Employment type: Full‑time. Job function: Finance. Industries: Financial Services and Investment Banking.ApplicationWe thank you for your interest. Only those selected for further screening or an interview will be contacted. At the CIB, we are committed to diversity and equitable access to employment opportunities. If you require an accommodation for the recruitment/interview process (including alternate formats of materials, or accessible meeting rooms or other accommodation), please let us know and we will work with you to meet your needs. For more information on our company, visit www.cib-bic.ca. #J-18808-Ljbffr