Financial Services Credit Risk Manager

Toronto, ON, Canada

Job Description


Line of Service Assurance

Industry/Sector Not Applicable

Specialism Conduct and Compliance

Management Level Manager

& Summary A career in our Financial Services Credit Risk practice will provide you with the opportunity to help organizations rethink their approach to risk by developing a distinctive strategy and creating capabilities and performance. We play an important part in helping our clients assess, design and develop solutions that not only help them manage risk but also transform risk and complexity into a sustainable advantage.

Our team helps organizations with predictive modeling needs, specifically, measure and manage the risk associated with borrower, counterparties or other third parties who have a financial or contractual commitment to them. As part of the team, you\xe2\x80\x99ll help assess, design, and implement strategic credit risk functions, collection and recovery units as well as leading credit risk management training.

Purpose-led work you\xe2\x80\x99ll be part of

As a FRM Credit Risk Manager, you\xe2\x80\x99ll work as part of the leadership team of problem solvers, helping to solve complex business issues from strategy to execution. PwC Professional skills and responsibilities for this management level include but are not limited to:

  • Leading the execution of credit risk projects, such as model development, validation and implementation of credit risk methodologies including but not limited to obligor and facility risk rating, Basel regulatory capital, economic capital, and stress testing models, allowance for loan and lease loss models (e.g., IFRS9). Assist assurance teams with reviews of clients\xe2\x80\x99 model development and validation processes
  • Collaborating with different lines of business to develop new service offerings such as climate risk modeling, artificial intelligence/machine learning model risk management, etc
  • Collaborate with the team members at various levels to lead and develop compelling client proposals, white papers, thought leadership and points of view, describing the business challenge and proposed business solutions.
  • Provide coaching to team members during project execution as well as career development
  • Build and maintain effective, trusting and collaborative client relationships
Experiences and skills you\xe2\x80\x99ll use to solve
  • Excellent oral and written communication skills in English
  • Experience in credit risk management and credit risk modeling
  • Hands on experience in a financial services risk department with credit risk modeling
  • Sufficient experience using Retail and Wholesale credit modeling techniques for adjudication, risk management, capital management and allowance calculations (e.g. IFRS9)
  • Development, implementation and assessment of quantitative credit risk measurement methodologies
  • Master\xe2\x80\x99s or PhD degree in Economics, Statistics, Mathematics, Physics, Engineering, Financial Engineering
  • Advanced analytical, problem solving and multitasking/project management skills
  • Good understanding and knowledge of credit risk processes, credit risk analytics, risk rating methodologies, risk management policies and risk management organization structures
  • Direct experience in Credit Risk Governance and Credit Policy groups in a major North American (preferably Canadian) Financial Institution
  • Exposure to a wide range of retail (consumer and small business) and commercial lending products and processes (such as commercial & industrial loans, commercial real estate, asset-based lending, project finance, leasing, etc.) would be an asset
  • Prior experience within a consulting or advisory role (or capable to work in a consulting/audit environments and project-based work)
  • Proven abilities, especially creative problem-solving, to utilize credit risk management software, data and methodology in the completion of client engagements, including leveraging related technology vendors and their application
  • Exceptional commitment to providing excellent client service, by building and maintaining productive relationships with both internal and external clients
  • Strong abilities to write and deliver proposals to prospective clients, including leveraging PC applications including Microsoft Word, Excel, PowerPoint and Project
  • Fluent in French and English would be an asset
  • A demonstrated commitment to valuing differences, developing and coaching diverse teams, and ensuring diverse perspectives are heard
Why you\xe2\x80\x99ll love PwC

We\xe2\x80\x99re inspiring and empowering our people to change the world. Powered by the latest technology, you\xe2\x80\x99ll be a part of amazing teams helping public and private clients build trust and deliver sustained outcomes. This purpose-led work, and our continuous development environment, will take your career to the next level. We reward your impact, and support your wellbeing, through a competitive compensation package, inclusive benefits and flexibility programs that will help you thrive in work and life. Learn more about us at .

Your Application to PwC

We embrace new technology to deliver securely and differently for our candidates. To protect your personal information, apply at and visit to learn more about what your recruitment experience could look like.

The most connected firm through activity based working

With connectivity being a key enabler of our strategy, we\xe2\x80\x99re striving to become the most connected firm - connected to the market, to our people and to each other. We\xe2\x80\x99ve adopted Activity Based Working, empowering our people with the flexibility to choose the setting most suitable to accomplish their goals for the day. PwC professionals solve important problems by engaging in a diverse range of activities in our offices, from client sites and our homes, building connections with each other and our clients.

Putting the safety of our people and clients first

At this time, PwC does not require, but strongly encourages, full vaccination in order to access its offices. Some of our clients mathany require vaccination and other restrictions to be in place to access their premises. You may, therefore, be required to be vaccinated and comply with all other restrictions where applicable.

Education (if blank, degree and/or field of study not specified) Degrees/Field of Study required:

Degrees/Field of Study preferred:

Certifications (if blank, certifications not specified)

Required Skills

Optional Skills

Desired Languages (If blank, desired languages not specified)

Travel Requirements Not Specified

Available for Work Visa Sponsorship? No

Government Clearance Required? No

Job Posting End Date

At PwC Canada, our most valuable asset is our people and we grow stronger as we learn from one another. We\xe2\x80\x99re committed to creating an equitable and inclusive community of solvers where everyone feels that they truly belong. We understand that experience comes in many forms and building trust in society and solving important problems is only possible if we reflect the mosaic of the society we live in.

We\xe2\x80\x99re committed to providing accommodations throughout the application, interview, and employment process. If you require an accommodation to be at your best, please let us know during the application process.

To learn more about inclusion and diversity at PwC Canada: https://www.pwc.com/ca/en/about-us/diversity-inclusion.html. Be a part of The New Equation.

Chez PwC Canada, notre atout le plus pr\xc3\xa9cieux, c\xe2\x80\x99est notre personnel. Et c\xe2\x80\x99est en apprenant les uns des autres que nous devenons plus forts. Nous avons \xc3\xa0 c\xc5\x93ur de cr\xc3\xa9er une communaut\xc3\xa9 \xc3\xa9quitable et inclusive de professionnels de la r\xc3\xa9solution de probl\xc3\xa8mes, dans laquelle chacun se sent vraiment \xc3\xa0 sa place. Nous savons que l\xe2\x80\x99exp\xc3\xa9rience peut prendre diverses formes et, pour nous, donner confiance au public et r\xc3\xa9soudre des probl\xc3\xa8mes importants n\xe2\x80\x99est possible que si notre milieu de travail refl\xc3\xa8te la diversit\xc3\xa9 de la soci\xc3\xa9t\xc3\xa9 dans laquelle nous vivons.

Nous tenons \xc3\xa0 r\xc3\xa9pondre \xc3\xa0 vos besoins tout au long du processus de demande d\xe2\x80\x99emploi, d\xe2\x80\x99entrevue et d\xe2\x80\x99embauche. Si vous avez besoin de mesures d\xe2\x80\x99adaptation pour \xc3\xaatre parfaitement \xc3\xa0 l\xe2\x80\x99aise, faites-le-nous savoir \xc3\xa0 l\xe2\x80\x99\xc3\xa9tape de la demande d\xe2\x80\x99emploi.

Pour en savoir plus sur l\xe2\x80\x99inclusion et la diversit\xc3\xa9 chez PwC Canada: https://www.pwc.com/ca/fr/about-us/diversity-inclusion.html. Faites partie de La Nouvelle \xc3\xa9quation.

PwC

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Job Detail

  • Job Id
    JD2149349
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Toronto, ON, Canada
  • Education
    Not mentioned