Senior Commercial Credit Risk Manager

**Posting Deadline: Please submit your application by 11:59 PM PST, January 9, 2026**

Position Type: Permanent

Together, Let's Do Great Things

We're the largest financial institution based on Vancouver Island and the Gulf Islands, and we've got an opportunity for you. We are looking for a Senior Commercial Credit Risk Manager to support our compliance and organizational credit risk teams, if you are looking to join an organization where you can grow your career, want to hear from you

What's the role?

As the Senior Commercial Credit Risk Manager, you will be responsible for supporting the operations of the commercial and retail credit, and credit risk functions. This role supports the Credit Risk team in ensuring compliance, monitoring credit risk exposure to the organization, and ensuring alignment with the corporate risk appetite, direction, and initiatives. As the Senior Commercial Credit Risk Manager, you monitor the organization's three lines of credit risk defense and support the development of credit risk policies and practices, monitoring and reporting, while monitoring compliance with legal and regulatory requirements.

Your duties will include:

• In conjunction with the risk management team, ensures a well-balanced Risk Management Culture where management and employees understand their role in the three lines of defense risk methodology.
• Provides peer mentorship to Credit Risk department including providing information, training, and tools required to meet current and long-term objectives.
• Approves Commercial Lines of Credit, Loans, Mortgages, and Letters of Credit within assigned lending limits. Recommends loans exceeding assigned limits to the next level of authority, including the Senior Commercial Credit Group and Management Credit Committee.
• Regularly reviews that established corporate compliance and risk functions, including risk monitoring and reporting activities, provide the necessary independent oversight (second line of defense) of the risk management activities of the first line of defense.
• Monitors that levels of risk control for the first and second lines of defense are in place and being monitored and regularly tested for effectiveness and compliance to mitigate risk and minimize Credit Union loan losses. Also provides rigorous review of third line of defense audits to ensure risk areas are clearly and appropriately identified for the necessary mitigating response and resolution by management and lending staff.

What are we looking for?

• Successful completion of a bachelor's degree in a related discipline (e.g. Commerce and Business Administration) requiring – a minimum of 4 years of full-time study or equivalent.
• Solid understanding of credit union operations, principles, and values.

Ideally, you are a flexible, collaborative team player with:

• 7 to 10 years progressive experience in a financial service environment: managing a diversified and increasingly complex loan portfolio
• Superior knowledge of business lending, other stakeholder and regulatory requirements and approach to managing credit risk
• Solid understanding of the competitive environment in the financial marketplace, and local communities within Coastal Community's market area.

If you're an approachable problem solver who embraces self-development and life-long learning, you'll be a great fit with us.

Who are we?

Since first forming in 1946, Coastal Community has grown to become the largest financial services provider based on Vancouver Island. We're proud of the legacy we've built and the things that make us who we are:

• We're 100% member-owned, with all decisions made locally—right here on Vancouver Island.
• We're a growing organization with over $4 billion in assets under management. Coastal Community helps improve the financial health of over 100,000 members and clients through our 24 branches, 16 insurance offices, 4 business centers, plus our wide range of online and digital services.
• We believe in making meaningful contributions to the communities we call home. Each year, we give over half a million to community organizations and programs.

At Coastal Community we are dedicated to serving our local community by prioritizing diversity, equality, inclusion, and supporting a sense of belonging for all. We value every individual's unique experience and perspective. As a result, we empower individuals to achieve their financial goals, enrich lives, and build healthier communities.

Embarking on a journey with Coastal Community means joining an exceptional team, engaging in meaningful work, and enjoying fulfilling experiences along the way. We take pride in offering a comprehensive total rewards package and a workplace culture that's second to none. This includes a commitment to work/life balance, a substantial extended benefits package, an impressive 11.75% employer-paid RRSP contribution, investments in your education and training, banking perks, and so much more Join us and be part of a community that values your growth and success

Career Band Range (Annual Salary) - $81,156.00 to $117,970.00

The posted salary range is designed to reflect a broad career band, encompassing a variety of roles within our organization and serves as a general guideline. Your final compensation will be tailored to your unique skills, experience, and the responsibilities of the role.

If this role resonates with your passion and skills, we would love to hear from you