Senior Risk Manager

isgSearch; Canada; Remote; CAD 140,000 - 155,000; Full time

Job summary

Join an innovative financial lender as a Senior Credit Manager, focusing on loss forecasting and credit risk management. This predominantly remote position offers a competitive salary and the chance to lead a small team while driving strategic financial decisions. Ideal for those ready to make a significant impact in a dynamic lending environment.

Benefits

Performance-based bonuses

Flexible work environment

Opportunity for professional growth

International exposure

Qualifications

• Minimum 5 years experience in portfolio analytics and loss forecasting.
• Familiarity with IFRS or CECL reserve models is a plus.
• Experience in financial services or credit risk management.

Responsibilities

• Drive development of loss forecasting and allowance models.
• Lead a small team to ensure effective forecasting and reporting.
• Analyze macroeconomic trends to refine forecasting models.

Skills

Data analysis

Statistical modeling

Regression analysis

Segmentation techniques

Time series analysis

Collaboration

Education

Degree in a quantitative field

Tools

SQL

Tableau

Job description

Job Opportunity : Senior Credit Manager, Loss and Allowance Forecasting

We are partnering with our client, an innovative and rapidly growing financial lender with a global presence , to find an experienced Senior Credit Manager to join their expanding team. This dynamic company, which has established itself as a key player in the industry, is looking for professionals with a strong background in loss forecasting and credit risk management from mid-sized lenders (not large banks).

This is a primarily remote role , with occasional in-office meetings required 2-3 times per month in Toronto . The position offers a competitive salary of $140,000 to $155,000 annually, along with performance-based bonuses and an opportunity to work on challenging and impactful projects.

Key Responsibilities :

• Collaborate with multiple teams (Finance, Accounting, Credit, Collections, Product) to build accurate model inputs, ensuring data is both reliable and relevant for forecasting purposes.
• Drive model development to establish and continually improve the company’s loss forecasting and allowance models , including forecasting credit losses, reserve modeling, and capital planning.
• Analyze forecasting results and refine the models based on macroeconomic trends , portfolio health , and credit performance insights. You'll be expected to update and communicate the forecast regularly to ensure timely and actionable insights.
• Partner with Data and Analytics teams to develop key performance indicators (KPIs) and dashboards, helping to assess portfolio health and drive strategic forecasting decisions.
• Strategic analysis : Conduct sensitivity analysis and review "what-if" scenarios to help refine risk strategies and support business decision-making processes.
• Work closely with Credit Strategy, Finance, and Underwriting teams to incorporate changes in business operations and underwriting policies into the broader forecasting model.
• Analyze and integrate macro-economic forecasts into models, ensuring that you present a comprehensive view to key internal stakeholders, including senior management.
• Lead a small team (1-2 analysts), ensuring they are equipped with the right tools and guidance to succeed in their roles and contribute to the company’s goals.

Ideal Candidate Profile :

• A degree in a quantitative field (e.g., Mathematics, Computer Science, Economics, Statistics) with a strong foundation in data analysis and statistical modeling .
• At least 5 years of experience working in portfolio analytics , loss forecasting , and reserve modeling at a mid-sized financial lender or similar institution. Experience with IFRS or CECL reserve models is a significant plus.
• Expertise in regression analysis , segmentation techniques , time series analysis , and a familiarity with tools such as SQL and Tableau to create actionable insights.
• Experience in financial services or credit risk management , with a strong understanding of how to forecast losses and manage credit provisioning in a dynamic lending environment.
• Proven ability to partner with cross-functional teams (e.g., Finance, Product, Credit, and Collections) to drive collaboration and create meaningful reporting and analysis.
• Ability to present complex data and insights in a clear and concise manner, with experience interacting with senior leadership and external stakeholders (including regulators or auditors).
• Experience in a regulated environment , with a deep understanding of compliance and regulatory frameworks affecting financial services.

Why You Should Consider This Opportunity :

• A high-impact role where your work will directly contribute to the company’s financial health and growth, offering opportunities to influence key business decisions.
• The chance to work with a growing, innovative company that offers international exposure and the opportunity to be at the forefront of the alternative lending space .
• This position provides significant autonomy , the opportunity to lead a small team, and the chance to develop and enhance sophisticated forecasting models .
• Competitive compensation package , including a strong base salary, annual performance bonuses, and benefits.
• A flexible work environment with primarily remote work and occasional office visits in Toronto .

This is a fantastic opportunity for professionals who thrive in a collaborative, fast-paced, and innovative environment , and who want to make a tangible impact on the financial future of a growing global lender.

If you have a proven track record in credit risk management and loss forecasting and are looking for a role that offers both strategic influence and career growth , we encourage you to apply today!