Vice President Credit Risk Management
Vice President Credit Risk Management
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Job Description
We are banking at another level.
Choosing BDC as your employer means working in a healthy inclusive and skilled workplace that puts forward the best conditions to bring together unique teams where employees are empowered to act. It also means being at the centre of ambitious economic and financial projects to see further and to do things differently to fuel the success of Canadian entrepreneurs.
Choosing BDC as your employer also means:
Flexible and competitive benefits including an Employee Savings and Investment Plan where BDC matches part of your voluntary contributions a Defined Benefit Pension Plan a $750 wellness and health care spending account to name a few
In addition to paid vacation each year five personal days sick days as necessary and our offices are closed from December 25 to January 1
A hybrid work model that truly balances work and personal life
Opportunities for learning training and development and much more...
POSITION OVERVIEW
The Vice President Credit Risk Management provides senior credit management leadership within the organization with a specific responsibility to adjudicate loan transactions within a defined Region and/or market segment and providing oversight and management of the associated loan portfolio all in alignment with BDCs risk management practices and associated risk appetite.
The Vice President Credit Risk Management is a senior Credit Management leader responsible for developing and managing a credit risk management team specialized in commercial term lending.
CHALLENGES TO BE MET
The roles key responsibilities include;
oversee the adjudication of loan transactions (including have a defined Delegation of Authority) and management of a commercial lending term loan portfolio;
contribute to the ongoing enhancement of BDCs product offerings credit underwriting and adjudication practices and risk management governance;
assist in the continued strengthening of BDCs Line of Defense structure in part by assisting in the training and coaching of 1st Line of Defense team members and the development of 2nd Line of Defense Credit Risk Management team members.
The Vice President Credit Risk Management would be a member of the Risk Management Committee which contributes to the oversight of effective risk management of the organization including; identification of existing and emerging risks portfolio management (and identification of trends) and corporate governance (including capital management enterprise risk management expected credit losses and stress testing).
WHAT WE ARE LOOKING FOR
Commercial term lending experience (credit management & adjudication)
Working/ed in a Canadian regulated financial institution (bank and/or credit union)
Experience leading a team of credit risk management professionals
Understanding of capital management (including OSFI guidelines for Internal Capital Adequacy Assessment Process)
Enterprise Risk Management including Operational Risk Management (identification assessment & management) and AntiMoney Laundering and Know Your Client
Ability to quickly gain credibility with senior management by expressing themselves confidently and authoritatively in a polished manner
Ability to manage train and coach a team of highly specialized professionals
Excellent judgment and creative problemsolving skills including negotiation and conflict resolution skills
Ability to adapt to frequently changing priorities while continuing to pursue key objectives
Experience in equity investments (adjudication & governance)
Experience in expected credit losses and allowance for credit losses methodology processes and modeling
Model risk management (including OSFIs EnterpriseWide Model Risk Management Guideline)
EnterpriseWide Stress Testing (including OSFIs Stress Testing Guideline)
Experience in presenting to the Board of Directors Board Risk Committee
Experience with Canadian regulatory agencies (including an understanding of OSFI Supervisory Framework for Federally Regulated Financial Institutions for Guidelines)
Bachelors (or graduate) degree in commerce finance or business administration
Approximately 15 years of relevant risk management experience including at least 5 years of experience in a management position in a financial institution (preferably a Canadian or US bank or major credit union)
Demonstrated accomplishment and capabilities in credit acumen building credit risk management practices across a Lines of Defense structure and contributing to the evolution of the risk culture within the organization
Bilingualism (French and English) is a strong asset
Proudly one of Canadas Top 100 Employers and one of Canadas Best Diversity Employers we are committed to fostering a diverse equitable inclusive and accessible environment where all employees can thrive and feel empowered to bring their whole selves to work. If you require an accommodation to complete your application please do not hesitate to contact us at .
While we appreciate all applications we advise that only the candidates selected to participate in the recruitment process will be contacted.
Required Experience:
Chief
Employment Type
Full-Time
