Commercial Credit Risk Manager

This is a fully remote position, open to applicants in Canada.

📋 Description

• Accountable for assisting in the operations of the Commercial Credit Risk functions.

• Ensures adherence to compliance and oversees organizational credit risk exposure.

• Guarantees alignment with the corporate risk appetite, direction, and initiatives.

• Responsible for following credit risk policies and practices.

• Monitors and reports on compliance with legal and regulatory standards.

• Approves new Commercial Lines of Credit, Loans, Mortgages, Letters of Credit, and conducts annual reviews within designated lending limits.

• Recommends loans that exceed assigned limits to the appropriate level of authority.

• Conducts audits on loans, annual reviews, and construction draws authorized by the first line of defense.

• Ensures that sufficient processes are established for the proactive and appropriate management of credit, operational, reputational, and regulatory risk.

⛳️ Requirements

• Successful attainment of a Bachelor's Degree in a related field (e.g., Commerce or Business Administration).

• Strong comprehension of credit union operations, principles, and values.

• A minimum of five (5) years of progressive experience within a financial services setting.

• At least two (2) years of commercial credit underwriting experience or managing a diverse and increasingly complex commercial loan portfolio, or a combination of both.

• Solid understanding of business lending, stakeholder and regulatory requirements, and approaches to managing credit risk.

• Thorough knowledge of the competitive landscape in the financial marketplace and local communities within Coastal Community’s market area.

🏝️ Benefits

• Comprehensive total rewards package.

• Commitment to work/life balance.

• Extensive extended benefits package.

• 11.75% employer-paid RRSP contribution.

• Investments in education and training.

• Banking perks.