About the job

Department / Branch: Credit Risk Management DepartmentReports To: Head of Credit Risk Management DepartmentEmployment Type: Full-Time Contract/ PermanentLocation: 30 Leek Crescent, Richmond Hill, ON L4B 4N4

General Accountability:Lead the designated Credit Analysis Team to oversee our Bank’s credit underwriting, approval, and granting processes and ensure credit applications are within our Bank’s Risk Appetite Framework and are in compliance to the Bank’s internal credit policy as well as external regulatory guidelines.

• Key Responsibilities:1. Credit Review:Conduct thorough credit reviews and due diligence on potential and existing credit facilities to assess creditworthiness and mitigate risk exposure;
• Review credit analysts’ recommendation and comments;
• Analyze financial statements, credit histories, and market trends to make informed credit decisions.
• 2. Team Management:Lead and manage a team of credit analysts and reviewers, providing guidance, training, and performance evaluations to ensure high-quality credit assessment;
• Foster a collaborative team environment that supports professional development and high standards of work.
• 3. Portfolio Management:Oversee the bank's credit portfolio, monitoring and managing risk concentrations, exposure limits, and portfolio performance;
• Implement strategies to optimize the portfolio's risk-return profile and ensure compliance with regulatory requirements.
• 4. Policy and Procedure Development:Develop, update, and revise credit policies and procedures to align with regulatory standards and best practices in the industry;
• Ensure that all credit-related activities are conducted in accordance with the established policies and procedures.
• 5. Regulatory Compliance and Communication:Prepare for and respond to regulatory audits and inspections, ensuring that all credit operations are in compliance with regulatory frameworks;
• Act as a key point of contact for regulatory bodies, providing timely and accurate responses to queries and concerns.
• 6. Ad Hoc Responsibilities:Take on additional responsibilities as assigned by Head of CRMD or senior management, which may include special projects, process improvements, or other strategic initiatives;
• Act as the back-up and perform the duties of the Head of CRMD when he/she is absent.