Manager - Credit, Enterprise Risk Management

PC Financial; Toronto; On-site; CAD 80,000 - 110,000; Full time

Job summary

A leading financial institution is seeking a Manager for Credit Risk in Toronto. The role entails overseeing risk management processes, utilizing quantitative analyses, and ensuring compliance with credit risk policies. Ideal candidates will have a strong background in quantitative fields and significant experience in credit risk strategy development, fostering relationships across various business units.

Qualifications

• 2+ years in retail financial industry and credit risk management.
• Knowledge of credit scoring, risk assessment, and portfolio management.
• Proficient in statistical analysis with software tools.

Responsibilities

• Perform monthly risk appetite metrics and maintain ERM datasets.
• Evaluate credit risk strategy proposals through quantitative analysis.
• Ensure compliance and audit documentation meets requirements.

Skills

Analytical skills

Problem-solving

Interpersonal skills

Education

University degree in a quantitative field

Tools

SAS

SQL

MS Office Applications

Job description

Referred applicants should not apply directly to this role.

All referred applicants must first be submitted through Workday by a current Loblaw Colleague.

Location :

500 Lake Shore Boulevard 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 of team-we're collaborative and supportive and have the freedom and responsibility to thrive. Our purpose is to make the everyday simple and better for our customers, and we strive to make every dollar worth more.

Proudly serving over 3 million customers, PC Financial continues to grow by offering payment solutions and services that reward our customers every day. As a subsidiary of Loblaws Company Inc., we share the CORE values of Care, Ownership, Respect and Excellence. We are dedicated to helping Canadians Live Life Well. Join us on our journey.

• Our hybrid model requires this role to be in office 4 days a week with flexible working hours at our Bathurst / Lakeshore location.

What You'll Do :

• Work with the first line of defense in Credit Risk to perform monthly risk appetite metrics and forward-looking portfolio drivers, maintain independent ERM datasets, and ensure the accuracy of risk reporting dashboard in Credit and Fraud Risk Committee meeting.
• Use quantitative analysis to evaluate and monitor risk performance of credit risk strategy proposals, including but not limited to account acquisition, account management and fraud strategies.
• Perform quality assurance on account acquisition and portfolio management to make sure the adherence to the Bank's credit risk policy and directives.
• Provide support to risk appetite development, ICAAP and stress testing exercise, loan loss assessment (i.e. IFRS9 model) as well as model risk assessment and validation.
• Foster relationships with internal and external partners; collaborate with other business units to ensure that Enterprise Risk interests are addressed in business initiatives.
• Ensure compliance and audit requirements / documentations are created, maintained, and oversight abilities are continuously improving.

What You'll Need :

• University degree in a quantitative field, Economics, Business Administration, Statistics, Mathematics, Computer Science or equivalent.
• 2+ years working in the retail financial industry, credit risk management, data analysis / financial modeling / data mining role
• 2+ years working experience in credit risk strategy development preferred
• Knowledge of credit scoring and risk assessment as well as portfolio management
• Excellent analytical, storytelling, problem-solving and presentation skills.
• Self-starter able to work under pressure and tight timelines
• Excellent interpersonal skills to work with multiple stakeholders and garner consensus
• Proficient with statistical analysis and data science software (e.g. SAS, SQL)
• Subject matter expert on life cycle risk technology & systems : TRIAD, TSYS
• High degree of proficiency in MS Office Applications including Excel, Access, PowerPoint, VBA

Come and join a winning team who demonstrates innovation, energy, creativity and vision. We recognize the importance of a diverse workforce and we therefor encourage applications from Aboriginal Peoples, women, members of a visible minority and persons with a disability. We thank all applicants for their interest, however, only those selected for an interview will be contacted.

Number of Openings :

PC Financial recognizes Canada's diversity as a source of national pride and strength. We have made it a priority to reflect our nation's evolving diversity in the products we sell, the people we hire, and the culture we create in our organization. Accommodation is available upon request for applicants and colleagues with disabilities.

In addition, we believe that compliance with laws is about doing the right thing. Upholding the law is part of our Code of Conduct - it reinforces what our customers and stakeholders expect of us.

Please Note : If you have Employee Self Service (ESS) on Workday, apply to this job via the Workday application.

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Manager Credit Risk • Toronto, ON, United States