Manager, Credit Risk

16 hours ago


Toronto, Canada ICICI Bank Ltd Full time

Job Title: Manager, Credit Risk
- Location: _Toronto
- Job Purpose: _

The incumbent will be responsible for ensuring the implementation and compliance of the credit and risk policies of the Bank with focus on the corporate and commercial lending proposals. The incumbent will be working closely with the assigned teams in the Commercial and Corporate Lending Department to ensure the portfolio management is in line with the business and risk objectives of the Bank. The incumbent will be responsible for:

- Credit risk management
- Adherence to Corporate and Commercial Credit & Recovery Policy, Expected Credit Loss Policy, Enterprise Risk Management Framework and Liquidity & Investment Policy
- Enhanced risk measures and control
- Basel implementation for the Bank
- Area of Responsibility_
- Constantly review the assigned portfolio to monitor the credit quality. Report the same to the Senior Manager, Credit Risk & CRO on regular basis.
- Carry out credit analysis of lending proposals including commercial and syndication loans.
- Provide research support to Senior Manager, Credit Risk & CRO on external developments (industry, sector trends, etc.) and their potential effects on the assigned portfolio.
- Liaise with internal audit, external audit and regulatory body as a point of contact on risk related matters.
- Manage all of the elements stipulated in the Enterprise Risk Management Framework, Expected Credit Loss Policy, Corporate and Commercial Credit and Recovery Policy. Provide assessments on the credit risk of local and cross border syndicated and bilateral loans.
- Ensure periodic reviews, credit control and loan administration functions are performed efficiently and as when due, supported by effective monitoring and controls, including credit scoring models for various segments. Foster an environment of focused and proactive management of credit exposures. Stay current with financial analysis and risk profile of sectors with large concentration (e.g. real estate), borrowers and counterparties.
- Coach, mentor and develop a strong credit culture among commercial and corporate lenders.
- Coordinate within the department to prepare presentations for senior management, Board & regulators.
- Other duties as assigned.
- Job Authorities: _
- **People Related**: Reports to Senior Manager, Credit Risk. Actively interacting with Corporate and Commercial Banking, Treasury and other teams in Canada and Credit risk team in India.
- **Operations Related**: All areas associated with credit risk, Basel and credit administrative matters.

**Functional Skills**:

- Management of the Bank’s Credit Risk
- In-depth understanding of wholesale and commercial lending products
- Strong knowledge of financial statements, credit structures and complex financial transactions
- Understanding of the statutory and other regulatory requirements in Canada
- Strong credit assessment skills with market knowledge of various industry sectors
- Portfolio monitoring skills
- Ability to sense and scan external environment to assess the threats and opportunities
- Providing guidance to the Business Team in order to comply with the lending policies and underwriting criteria
- Strong development skills, team work skills, delivery on targets and tasks delivered in a time bound manner
- Statistically oriented to ensure adherence to various policies
- Behavioral Skills
- Uphold and propagate the DNA competencies of the bank.
- Independent process setting and managing ability
- Passionate, assertive, able to build strong relationships
- Ability to find solutions while removing roadblocks in a timely manner
- Constant exploration of opportunities
- Ability to counsel and coach colleagues and support staff

**Salary**: $60,000.00-$75,000.00 per year

**Benefits**:

- Dental care
- Disability insurance
- Life insurance
- Paid time off
- RRSP match

Schedule:

- 8 hour shift
- Day shift

Ability to commute/relocate:

- Toronto, ON: reliably commute or plan to relocate before starting work (required)

**Education**:

- Bachelor's Degree (preferred)


  • Credit Risk Manager

    19 hours ago


    Toronto, Canada HomeEquity Bank Full time

    WHO WE ARE HomeEquity Bank is a Schedule 1 Canadian chartered bank and the leading national provider of reverse mortgages, with a growing portfolio. As the only bank solely dedicated to serving homeowners 55 and up, we’re passionate about helping Canadian homeowners live retirement on their terms. We live that commitment every day, with a range of reverse...


  • Toronto, Canada TD Bank Full time

    **Credit Risk Manager, ESG Credit Risk Management**: - 424069BR **Job Category - Primary** - Risk Management **Work Location** - TD Centre - TD Tower - 66 Wellington Street West **Employment Type** - Regular **City** - Toronto **Time Type** - Full Time **Province/State** - Ontario **Hours** - 37.5 **Workplace Model** - Hybrid **Pay...

  • Manager, Credit Risk

    2 months ago


    Toronto, Canada Alnamo Corp Full time

    **Job Overview** **Responsibilities**: - Constantly review the assigned portfolio to monitor the credit quality and report on a regular basis. - Carry out credit analysis of lending proposals including commercial and syndication loans. - Provide research support on external developments (industry, sector trends, etc.) and their potential effects on the...

  • Manager, Credit Risk

    2 months ago


    Toronto, Canada ICICI Bank Ltd Full time

    ICICI Bank Canada is a wholly-owned subsidiary of ICICI Bank Limited which has its headquarters in Mumbai, India. ICICI Bank Limited is a leading private sector bank in India. The Bank’s consolidated total assets stood at US$182.8 billion as at December 31, 2019. Established in December 2003, ICICI Bank Canada is a full-service direct bank with an asset...


  • Toronto, Canada TD Bank Full time

    Lieu de travail: Toronto, Ontario, Canada Horaire: 37.5 Secteur d’activité: Gestion des risques Détails de la rémunération: Description du poste: Department Overview Environment, Social & Governance Credit Risk Management (ESG-CRM) under Non-Financial Risk Management (NFRM) is responsible for the identification, assessment, remediation and...


  • Toronto, Canada Royal Bank of Canada Full time

    **Job Summary** Counterparty Credit Risk (CCR) is responsible for providing risk oversight of RBC’s trading activities including (but not limited to) counterparty exposure measurement and monitoring, bespoke transaction adjudication and approval, portfolio risk analysis and reporting. As Risk Manager in the Counterparty Credit Risk Exposure Monitoring...


  • Toronto, Canada TD Bank Full time

    **Work Location**: Toronto, Ontario, Canada **Hours**: 37.5 **Line of Business**: Risk Management **Pay Details**: **Department Overview** **Environment, Social & Governance Credit Risk Management (ESG-CRM) under Non-Financial Risk Management (NFRM) is responsible for the identification, assessment, remediation and reporting of climate risk within TDBG's...


  • Toronto, Canada Rogers Communications Full time

    Looking to join a growing financial services team? Rogers Bank, a subsidiary of Canada's leading wireless, cable and media company, is expanding and seeking passionate individuals to develop and implement innovative financial solutions and experiences. The bank offers unique cash-back benefits and financing options for Rogers purchases using cutting-edge...


  • Toronto, Canada Home Trust Company Full time

    Company Profile Home Trust Company has developed a track record of success as Canada’s leading alternative lender, employing nearly 850 people in our Toronto headquarters and branches across the country. Building on the demonstrated strength of our core residential and commercial mortgage lending business, the Company and its affiliates also offer...


  • Toronto, Canada Royal Bank of Canada Full time

    **Job Summary** The Counterparty Credit Risk Exposure Monitoring - Issuer, Settlements & Pre-settlement Risk Team is part of the larger Counterparty Credit Risk Exposure Monitoring (CCREM) within Group Risk Management. The team has primary responsibility for monitoring, evaluating, and reporting credit & settlement risk exposures stemming from Capital...

  • Senior Manager

    4 days ago


    Toronto, ON, Canada EQ Bank | Equitable Bank Full time

    Being a traditional bank just isn’t our thing. We are big believers in innovating the banking experience because we believe Canadians deserve better options, and we challenge ourselves and our teams to creatively transform what’s possible in banking. Our team is made up of inquisitive and agile minds that find smarter ways of doing things. Overall we...


  • Toronto, Canada Manulife Full time

    We are a leading financial services provider committed to making decisions easier and lives better for our customers and colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. To help us stand out, we help you step up, because when colleagues are healthy, respected and...


  • Toronto, Ontario, Canada Disability Solutions Full time

    Disability Solutions seeks a highly skilled Credit Risk Strategist to join its team in Canada. The estimated salary for this role is $145,000-$175,000 per annum, depending on experience. This senior manager position reports to the Director of Credit Risk Management and plays a crucial role in developing and operationalizing credit risk strategies across the...


  • Toronto, Canada EQ Bank | Equitable Bank Full time

    Join a ChallengerBeing a traditional bank just isn’t our thing. We are big believers in innovating the banking experience because we believe Canadians deserve better options, and we challenge ourselves and our teams to creatively transform what’s possible in banking. Our team is made up of inquisitive and agile minds that find smarter ways of doing...

  • Manager, Credit Risk

    7 months ago


    Toronto, 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 2V9 **When 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...


  • Toronto, ON, Canada BJRC Recruiting Full time

    Director, Residential Mortgage Credit Risk Management Our client, a leading financial institution in Toronto is seeking an experienced Director for the oversight of residential mortgage lending (RESL) activities, including quantitative portfolio analysis. This individual will be responsible for approving policy exceptions and mortgage purchases within...

  • Associate, Credit Risk

    7 months ago


    Toronto, Canada Canada Infrastructure Bank Full time

    Headquartered 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 Head of...


  • Toronto, Canada Alterna Full time

    **Scope of Position** Under the direction of the Director, Enterprise Risk, the Manager, Commercial Credit and Enterprise Risk manages the credit risk program for the commercial arm of Alterna Savings and its subsidiary, Alterna Bank. The Manager, Commercial Credit and Enterprise Risk also develops, recommends changes and maintains Board and management...


  • Toronto, Canada Royal Bank of Canada Full time

    **Job Summary** Group Risk Management-Wholesale Credit Risk (GRM - WCR) group is responsible for assessing credit exposures of trading and lending activities for complex Capital Markets transactions; coverage is organized by geography and aligned by industry. The GRM - WCR Funds team manages exposure to North American Investment Managers and Fund...


  • Toronto, ON, Canada EQ Bank | Equitable Bank Full time

    Being a traditional bank just isn’t our thing. We are big believers in innovating the banking experience because we believe Canadians deserve better options, and we challenge ourselves and our teams to creatively transform what’s possible in banking. Our team is made up of inquisitive and agile minds that find smarter ways of doing things. Overall we...