Senior Manager, Credit Risk Governance at First Nations Bank of Canada
Victoria, Victoria, Australia -
Full Time


Start Date

Immediate

Expiry Date

24 Jan, 27

Salary

120000.0

Posted On

28 Oct, 26

Experience

18 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Yes

Skills

Industry

Banking & Credit

Description

About the job

WE’RE HIRING! Senior Manager, Credit Risk Governance & AdjudicationFull-Time Permanent

About UsFirst Nations Bank of Canada (“FNBC”) is a federally chartered bank primarily focused on providing financial services to the Indigenous marketplace in Canada. Over 90% Indigenous owned and controlled, FNBC is a leader in advocating for the growth of the Indigenous economy and the economic well-being of Indigenous people. Headquartered in Saskatoon, FNBC takes pride in its workforce of over 61% Indigenous employees working at locations across Canada.

About The RoleThe Senior Manager, Credit Governance and Adjudication support the AVP, Credit Risk Governance and Adjudication in leading second-line oversight of credit risk across the organization.

This role will initially be structured as an individual contributor position, with the potential to add a direct report as the department grows.

This role is responsible for executing key elements of the credit risk governance framework, including maintaining and enhancing credit policies, monitoring adherence to underwriting standards, and ensuring risk frameworks remain effective and aligned with regulatory expectations.

The Senior Manager monitors and reports on portfolio-level credit risks, supports capital planning activities, and drives improvements in governance, data quality, and risk reporting to help maintain sound credit quality and transparency across all lending activities.

The Senior Manager conducts independent and objective reviews and adjudications of complex commercial lending within established credit limits, while recommending and escalating commercial deals as necessary.

Here's What You Will be Doing:

  • Credit Risk Governance (70%)Develop, maintain, and enhance credit risk policies, risk appetite frameworks, concentration limits, and delegated lending authority matrices.
  • Monitor portfolio-wide credit risk exposures, early warning indicators, and limit compliance across all credit portfolios.
  • Escalate material policy breaches, emerging credit risks, or deviations from risk appetite to senior risk leadership and governance committees.
  • Oversee and challenge the credit classification, staging, and provisioning of problem loans and watchlist accounts. Recommend appropriate remedial actions.
  • Lead stress testing, scenario analysis, and climate risk overlays for the credit portfolio, ensuring integration into risk appetite and capital planning processes.
  • Contribute to the ICAAP by ensuring credit risk inputs, assumptions, and capital requirements are robust and well-supported.
  • Champion improvements in credit risk data integrity, reporting automation, and system capabilities to enhance portfolio oversight and insight.


  • Credit Risk Adjudication (30%)Provide second-line oversight and subject matter expertise in credit risk governance across the bank’s lending.
  • Independently review and challenge first-line adherence to policy, exception trends, and sector limits.
  • Monitor large exposures and concentrations (e.g., by sector, geography, or borrower) and ensure alignment with credit risk appetite.
  • Ensure the credit portfolios are managed within the bank’s credit risk appetite, lending policies, and regulatory expectations (e.g., OSFI guidelines).
  • Stay current with regulatory changes (e.g., OSFI B-20), credit risk best practices, and industry trends to inform policy updates and governance practices.


Responsibilities

About the job

WE’RE HIRING! Senior Manager, Credit Risk Governance & AdjudicationFull-Time Permanent

About UsFirst Nations Bank of Canada (“FNBC”) is a federally chartered bank primarily focused on providing financial services to the Indigenous marketplace in Canada. Over 90% Indigenous owned and controlled, FNBC is a leader in advocating for the growth of the Indigenous economy and the economic well-being of Indigenous people. Headquartered in Saskatoon, FNBC takes pride in its workforce of over 61% Indigenous employees working at locations across Canada.

About The RoleThe Senior Manager, Credit Governance and Adjudication support the AVP, Credit Risk Governance and Adjudication in leading second-line oversight of credit risk across the organization.

This role will initially be structured as an individual contributor position, with the potential to add a direct report as the department grows.

This role is responsible for executing key elements of the credit risk governance framework, including maintaining and enhancing credit policies, monitoring adherence to underwriting standards, and ensuring risk frameworks remain effective and aligned with regulatory expectations.

The Senior Manager monitors and reports on portfolio-level credit risks, supports capital planning activities, and drives improvements in governance, data quality, and risk reporting to help maintain sound credit quality and transparency across all lending activities.

The Senior Manager conducts independent and objective reviews and adjudications of complex commercial lending within established credit limits, while recommending and escalating commercial deals as necessary.

Here's What You Will be Doing:

  • Credit Risk Governance (70%)Develop, maintain, and enhance credit risk policies, risk appetite frameworks, concentration limits, and delegated lending authority matrices.
  • Monitor portfolio-wide credit risk exposures, early warning indicators, and limit compliance across all credit portfolios.
  • Escalate material policy breaches, emerging credit risks, or deviations from risk appetite to senior risk leadership and governance committees.
  • Oversee and challenge the credit classification, staging, and provisioning of problem loans and watchlist accounts. Recommend appropriate remedial actions.
  • Lead stress testing, scenario analysis, and climate risk overlays for the credit portfolio, ensuring integration into risk appetite and capital planning processes.
  • Contribute to the ICAAP by ensuring credit risk inputs, assumptions, and capital requirements are robust and well-supported.
  • Champion improvements in credit risk data integrity, reporting automation, and system capabilities to enhance portfolio oversight and insight.


  • Credit Risk Adjudication (30%)Provide second-line oversight and subject matter expertise in credit risk governance across the bank’s lending.
  • Independently review and challenge first-line adherence to policy, exception trends, and sector limits.
  • Monitor large exposures and concentrations (e.g., by sector, geography, or borrower) and ensure alignment with credit risk appetite.
  • Ensure the credit portfolios are managed within the bank’s credit risk appetite, lending policies, and regulatory expectations (e.g., OSFI guidelines).
  • Stay current with regulatory changes (e.g., OSFI B-20), credit risk best practices, and industry trends to inform policy updates and governance practices.


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