Senior Manager, Credit Risk

To apply, email your resume and cover letter to jwang.kaplan@gmail.com

Senior Manager, Credit Risk

Location: Toronto, Ontario

My client is a major financial institution.

Reporting to Senior Director, Credit Risk, Senior Manager, Credit Risk is responsible to develop, manage and monitor credit risk strategies for various decision areas (i.e. new account credit approval criteria, collection strategies); to support business objectives while minimizing credit losses.

What You'll Do

·       Provide leadership and direction on credit risk strategies, which include but not limited to credit limit strategies, payment hold strategies, delinquency strategies, etc. Lead the team to optimize opportunities and refine strategies by using quantitative analysis to monitor their effectiveness.

·       Recommend strategy changes based on analytical findings and strong financial analysis. Champion policy or strategy recommendations to Senior Management.

·       Build, guide and retain best in class analytical talent by stimulating engagement and cultivating skills.

·       Ensure compliance and audit requirements/documentations are created, maintained, and oversight abilities are continuously improving.

·       Foster relationships with internal and external partners; collaborate with other business units to ensure that Credit Risk interests are addressed in business initiatives.

·       Be the subject matter expert for systems (e.g. TRIAD) and point person from a Risk perspective on the strategy decision areas.

·       Represent Credit Risk on cross-functional strategic projects to drive change within the organization and champion industry best practices.

·       Prioritize projects and ensure that strategies are implemented on time and on schedule, ensuring proper communication and roll-out to operations.

What You'll Need

·       Post-Secondary education or equivalent experience in a quantitative field preferred (Economics, Business Administration, Statistics, Mathematics, Computer Science, or Operations Research).

·       Minimum of 5 years progressive experience analyzing credit card data, implementing credit risk strategies and making strategic recommendations to senior management.

·       Strong business fundamentals, knowledge of P&L reporting and the credit card life cycle.

·       with adaptive control systems(e.g. ACS, TRIAD, Strategy Manager, Probe, StrategyWare, etc).

·       Experience with new account adjudication systems (e.g. TSYS-ADM, Experian-SM Manager, FICO-Capstone).

·       Knowledge of credit card host systems (e.g. TSYS).

·       Proficiency with SAS and Microsoft Office suite of products is required; additional experience with Knowledge Studio and VBA, Oracle or SQL-based data manipulation tools would be an asset.

·       Strong leadership, interpersonal and people management skills.

·       Ability to distill and communicate complex analytic recommendations to both technical and non-technical stakeholders, both orally and in written presentations.

·       Proven analytical and conceptual thinker who can adapt to a rapidly changing environment.

·       Results oriented. Demonstrated ability to effectively manage multiple projects and priorities simultaneously

Come and join a winning team who demonstrates innovation, energy, creativity and vision. We recognize the importance of a diverse workforce and we therefor encourage applications from Aboriginal Peoples, women, members of a visible minority and persons with a disability. We thank all applicants for their interest, however, only those selected for an interview will be contacted.