Job Description

Job Purpose:

The incumbent will be responsible for ensuring the implementation and compliance of the credit and risk policies of our client Bank with focus on the corporate and commercial lending proposals. The incumbent will be working closely with the assigned teams in the Commercial and Corporate Lending Department to ensure the portfolio management is in line with the business and risk objectives of the Bank. The incumbent will be responsible for:

oCredit risk management

oAdherence to Corporate & Commercial Credit & Recovery Policy

oEnhanced risk measures and control

Area of Responsibility:

1. Constantly review the assigned portfolio to monitor the credit quality and report on a regular basis.

2. Carry out credit analysis of lending proposals including commercial and syndication loans.

3. Provide research support on external developments (industry, sector trends, etc.) and their potential effects on the assigned portfolio.

4. Liaise with internal audit, external audit and regulatory body as a point of contact on risk related matters.

5. Manage all of the elements stipulated in the Corporate & Commercial Credit and Recovery Policy. Provide assessments on the credit risk of local and cross border loans.

6. Vet and analyze credit and investment proposals thoroughly before presenting to the Management Credit Committee ("MCC"), evaluate quality of credit applications by providing constructive feedback to the "line" managers and ensure application of guidelines as set by the MCC, the Board and regulators.

7. Ensure periodic reviews, credit control and loan administration functions are performed efficiently and as when due, supported by effective monitoring and controls, including credit scoring models for various segments. Foster an environment of focused and proactive management of credit exposures. Stay current with financial analysis and risk profile of sectors with large concentration (e.g. real estate), borrowers and counterparties.

8. Coach, mentor and develop a strong credit culture among commercial and corporate lenders.

9. Monitor and ensure compliance with organizational, business, strategic, operational, legal, reputation and market risks where applicable.

10. Coordinate within the department to prepare presentations for senior management, Board & regulators.

11. Implement OSFI's guidelines B-15 on climate risk management for the Bank.

12. Other duties as assigned.

Job Types: Full-time, Permanent

Pay: $85,000.00-$90,000.00 per year

Benefits:

Dental care Extended health care Life insurance RRSP match
Experience:

Credit Risk: 2 years (required)
Work Location: In person