Senior Advisor, Credit Risk Oversight

iA Financial Group (Industrial Alliance); Toronto; Hybrid; CAD 120,000 - 150,000; Full time

Benefits offered by this job

Hybrid work environment with 2 days in

Competitive pension plan

Share purchase plan

Vacation and wellness days

Telemedicine

Employee and family assistance program

Ergonomic furniture program

Performance bonus

Discounts on iA products

Job summary

iA Financial Group is seeking a Senior Advisor, Credit Risk Oversight to lead the credit risk management framework. You will oversee underwriting, quantify risk, and report to senior management across Canada.

The role emphasizes IFRS 9 knowledge, analytical rigor, and collaboration with stakeholders within Group Risk Management and Compliance. You will develop policies, monitor exposures, and contribute to risk quantification initiatives, including PD, LGD, and EAD models, while supporting

Qualifications

• Bachelor's degree in Finance, Economics, Business Administration, or related field.
• Master's degree or CFA/FRM would be an asset.
• Minimum 8 years of recent credit risk experience.
• Experience with credit adjudication on loan portfolios.
• Strong analytical and problem-solving abilities.

Responsibilities

• Develop and update credit risk policies to ensure regulatory compliance.
• Oversee underwriting and adjudication by measuring and reporting exposures.
• Interpret and apply credit risk policies consistently.
• Assess credit applications and provide recommendations to senior management.
• Monitor lending activities and elevate as needed.
• Minimize credit losses through sound lending practices and policy implementation.
• Prepare quarterly financial risk reports for senior management and the Board.
• Develop financial risk indicators and limits for the organization.
• Contribute to PD, LGD, and EAD models and related risk programs.

Skills

Credit risk oversight

Credit underwriting

Risk analytics

Regulatory reporting

IFRS 9 knowledge

Communication skills

Report writing

Influence senior management

Problem solving

Bilingual: English/French

Education

Bachelor's degree in Finance, Economics, or Business Administration

Master's degree or CFA/FRM asset

Job description

Job Description

Build the future with us

Are you driven by credit risk oversight and the opportunity to help ensure that risk exposure is identified, measured, monitored, and controlled in accordance with regulatory requirements and internal policies? As a Senior Advisor, Credit Risk Oversight, you will play a key role in developing, implementing, and maintaining the credit risk management framework, including the oversight of credit underwriting and adjudication processes.

This is a great opportunity to leverage your expertise in credit risk, analytics, reporting, and risk quantification while collaborating with stakeholders across the organization. This position reports to the Director, Financial Risk Oversight, and is part of the Group Risk Management and Compliance team.

What you’ll accomplish with us

As a Senior Advisor, Credit Risk Oversight, you will be at the heart of our mission. Your main responsibilities will include:

• Develop and update credit risk policies and guidelines to ensure compliance with regulatory requirements and industry best practices.
• Oversee credit underwriting and adjudication processes by measuring, monitoring, and reporting iA’s credit risk exposures.
• Ensure the accurate interpretation and application of credit risk policies and guidelines.
• Assess credit applications and structures from lending units and provide recommendations to senior management.
• Develop and monitor lending activities using out-of-order, impaired, and watch list credits, and elevate as needed.
• Help minimize credit loss experience through sound lending practices, implementation of policies and guidelines, and early identification of deteriorating credit situations.
• Prepare quarterly financial risk reports for senior management and the Board of Directors.
• Develop and maintain organizational financial risk indicators and limits.
• Contribute to credit risk quantification initiatives, including PD, LGD and EAD models, the Internal Capital Model process, ORSA process and Stress Testing Program.

What could accelerate your success in this role

We are looking for someone who:

• Holds a bachelor’s degree in Finance, Economics, Business Administration, or a related field.
• Has a master’s degree or professional certification such as CFA or FRM, which would be considered an asset.
• Has a minimum of 8 years of recent experience in credit risk.
• Has experience with credit adjudication on loan portfolios.
• Demonstrates exceptional analytical and problem-solving skills.
• Demonstrates the ability to influence senior management and exercise sound judgment.
• Has strong communication, interpersonal, and report-writing skills.
• Has sound knowledge of IFRS 9 and its application, which would be considered an asset.
• Level of advanced English language proficiency required, as the incumbent will be required to communicate daily with English-speaking clients and partners across Canada through email and telephone conversations.
• Intermediate French language proficiency required.

Why you’ll love working with us

• A work environment where learning and development are combined with a shared pursuit of excellence.
• Artificial intelligence in everyone’s hands, helping increase personal efficiency and support organizational growth.
• A healthy, safe, equitable, and inclusive environment where potential can be expressed and developed freely.
• The opportunity to work in a hybrid work environment, with 2 days required in the office, supported by flexibility and access to inspiring and innovative workspaces.

Competitive benefits

• Flexible group insurance.
• Competitive pension plan.
• Share purchase plan.
• Vacation plan, wellness days, and personal development days.
• Telemedicine.
• Employee and family assistance program.
• Ergonomic furniture program.
• Performance bonus.
• Discounts on iA products and more.

The typical hiring range for this position is between CAD 120 000$ and $150 000$; the base salary may vary depending on knowledge, skills, years of experience, and internal equity. In addition to base compensation, this role may be eligible for a corporate bonus program and a comprehensive benefits package, including group insurance, a retirement savings plan, flexible time off, and wellness programs.

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Location(s)

Toronto / 26 Wellington Street East

Other Possible Location(s)

Quebec / 1080, Grande Allee WestMontreal / 1981 McGill College Avenue

Company

iA Financial Group

Posting End Date

2026-09-18

Company Overview

iA Financial Group* is the strength of a company with a human side, with its over 8,000 employees. Together, we have earned the trust of our more than four million clients and 25,000 advisors who have chosen us for their insurance, savings, and wealth management.

With over $200 billion in assets and half a billion invested in technological innovation, we’re a key player in the financial services industry in Canada and the United States. The secret to our success? Investing in you, one person at a time. Because, for over 125 years, we have believed that it’s by supporting our employees and surrounding ourselves with the most reputable leaders in the industry, we will continue to innovate.

At iA, we’re invested in you.

* iA Financial group includes the following entities: iA Services financiers, iA assurance auto et habitation, iA Gestion privée de patrimoine, PPI Management, Investia, iA Gestion de placements, Prysm, iA Clarington, Michel Rhéaume et associés, Garanties Nationales, WGI Manufacturing, WGI Service Plan Division, Lubrico, iA Financement auto

Our Commitment to Diversity and Inclusion

At iA Financial Group, we support and celebrate diversity. We strive to provide a workplace that is recognized as inclusive for all, regardless of ethnic origin, nationality, language, religious beliefs, gender, sexual orientation, age, marital status, family situation, or physical or mental disability.