Senior Manager - Portfolio Risk Management

SQUALUS GROUP; Richmond Hill; On-site; CAD 90,000 - 130,000; Full time

Job summary

A leading financial institution is seeking a Credit Portfolio Manager in Richmond Hill. This role involves overseeing the credit risk portfolio, managing non-performing loans, ensuring compliance with regulations, and producing critical reports. Candidates should have significant experience in credit risk management, a relevant degree, and advanced skills in data analysis tools. This is a unique opportunity to lead initiatives that significantly impact the organization's credit strategy.

Qualifications

• Over 7 years working experience in credit risk management, NPL recovery, or portfolio analysis.
• Expertise in ECL / RWA modeling and regulatory standards.
• Experience with OSFI reporting or Canadian financial regulations.

Responsibilities

• Oversee end-to-end management of the credit risk portfolio.
• Produce reports for stakeholders regarding credit portfolio.
• Act as liaison for regulatory bodies on credit risk management.

Skills

Credit Risk Management

Portfolio Analysis

Regulatory Compliance

Stress Testing

Data Accuracy

Education

Bachelor's degree in Finance, Economics or related field

Master Degree, MBA, CFA or FRM preferred

Tools

SQL

Python

SAS

Excel

Job description

Candidate will be responsible for overseeing the end-to-end management of the credit risk portfolio, ensuring alignment with regulatory standards and the Bank’s risk appetite. This role includes monitoring industry and client concentrations, managing non-performing loans (NPLs), overseeing Expected Credit Loss (ECL) and Risk-Weighted Assets (RWA), and producing critical reports for stakeholders. The Credit Portfolio Manager will lead stress testing and scenario analysis, guide risk mitigation strategies, and serve as the primary liaison for audits and regulatory inquiries.

• Credit Portfolio Monitoring & Analysis - Conduct regular monitoring and analysis of the credit asset portfolio, including identifying significant events and generating related reports
• Credit Portfolio Reporting -Prepare comprehensive reports on the credit portfolio, including portfolio analysis and industry and client concentration limits.
• Regulatory Reporting & Compliance - Act as the primary point of contact for regulatory bodies regarding credit risk management practices and ensure compliance with all relevant regulations
• Provision & NPL Management - Oversee the management of credit provisions, focusing on the relationship between the Bank's Required Risk (BRR / FRR) and provision levels to ensure adequate coverage for credit losses.
• Data Accuracy & Monitoring - Ensure the accuracy and integrity of credit data, including industry classification, outstanding balances, and commitment figures.

Requirements

• Bachelor's degree in Finance, Economics, or a related field; Master Degree, MBA, CFA, or FRM preferred.
• Over 7 years working experiences in credit risk management, NPL recovery, or portfolio analysis within the banking industry.
• Expertise in ECL / RWA modeling, stress testing, and regulatory standards (Basel III, OSFI guidelines).
• Proficiency in SQL, Python, SAS; advanced Excel skills.
• Experience with OSFI reporting or Canadian financial regulations.

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Manager Risk Management • Richmond Hill Central, ON, ca