Manager, Credit Risk

Tangerine Bank; Toronto; On-site; CAD 100,000 - 120,000; Full time

Job summary

Tangerine is seeking a Manager, Credit Risk to join their dynamic team in Toronto. The successful candidate will analyze lending portfolio financials, recommend credit risk strategies, and collaborate with business partners to ensure alignment with the bank's risk appetite. If you possess strong data programming skills and a background in economics or finance, this is an excellent opportunity to advance your career in a leading direct bank.

Benefits

Performance bonus

Employee Share Ownership Program

Pension Plan Matching

Health Benefits from day one

Qualifications

• University degree with analytical, mathematical or statistical focus.
• 5 years of experience with statistical programs like SAS.
• Knowledge of OSFI guidelines and Basel requirements is an asset.

Responsibilities

• Identify opportunities for improvement with focus on risk/return.
• Develop and monitor credit risk strategies for all Tangerine lending products.
• Ensure compliance with regulatory requirements.

Skills

Analytical skills

Data programming (SQL, SAS)

Attention to detail

Collaboration

Education

University Degree in Economics, Finance, Accounting or Statistics

Tools

SAS

SQL

Job description

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Requisition ID: 229165

Tangerine is Canada’s leading direct bank. We offer flexible and accessible banking options, innovative products, and award-winning Client service. The reason why Tangerine employees come to work each day is to help Canadians live better lives. We focus on making a difference in our communities, and that includes our own internal community. It’s important to us that our employees feel empowered and enthusiastic about belonging to our Orange culture.

This role supports the Senior Manager of Credit Risk and the overall Risk Management Team to analyze lending portfolio financials and recommends credit risk strategies to optimize risk-reward. The Credit Risk Manager will work closely with business line partners to ensure business strategies, offer volumes and channel selection are within the bank’s appetite. The incumbent will provide insight using the bank’s data warehouse and financial systems, economic drivers and regulatory reporting environment. This role requires strong data programming skills including SQL and SAS. The candidate should be naturally inclined toward mathematics and have a curiosity to learn complex systems. A background in statistics, economics, finance or accounting is desirable.

Is this role right for you? In this role, you will:

• Identify opportunities for improvement with focus on risk/return while ensuring alignment with Credit Risk Appetite.
• Develop and monitor credit risk strategies for all Tangerine lending products, and recommend business decisions using financial data.
• Report in providing financial information and monitoring of changes to regulatory standards including internal audit and OSFI guidelines.
• Lead and support the development and implementation of credit risk and loss mitigation plans and provide insight to the management team through ad hoc requests, projects and initiatives.
• Cross-train and share risk analytic knowledge with team members to foster a strong risk discipline environment.
• Collaborate with Account Management and Operations risk teams to ensure compliance with regulatory requirements.
• Provide key access to data via SQL and other data retrieval techniques.
• Other duties as assigned.
  
  

Skills

Do you have the skills that will enable you to succeed in this role? - We'd love to work with you if you have:

• University Degree with an analytical, mathematical or statistical concentration (Economics, Finance, Accounting or Statistics)
• 5 years of experience with statistical programs such as SAS, Knowledge Studio or Enterprise Miner
• Knowledge of OSFI guidelines is an asset
• Knowledge of Basel regulatory requirements on capital adequacy, liquidity risk and interest rate risk would be considered an asset
• Strong technical solution management experience and skills
• Strong analytical skills including SQL and SAS
• Aptitude for innovation and readiness to “roll up sleeves” and do what is necessary to deliver on business objectives
• Strong capability to work with cross functional team members and collaborate effectively in high pressure environments
• Ability to work in a dynamic environment where processes and procedures are consistently refined
• Ability to work autonomously under tight timelines
• Strong verbal and written communication skills
• Strong attention to detail
  
  

What’s in it for you?

• An inclusive & collaborative working environment that encourages creativity, curiosity, and celebrates success!
• We offer a competitive rewards package: Performance bonus, Employee Share Ownership Program, and Pension Plan Matching, Health Benefits from day one!
• Your career matters! You will have access to career development and progression opportunities.
  
  

Location(s): Canada : Ontario : Toronto

At Tangerine we value the unique skills and experiences each individual brings to the team, and are committed to creating and maintaining an inclusive and accessible environment. If you require accommodation during the recruitment and selection process, please let our Recruitment team know.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

• Industries

  Banking

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