Senior AnalystManager, Credit Risk Management

Credit Risk Management (CRM) is an independent group under the direction of the Chief Credit Officer (CCO) who reports to the Chief Risk Officer (CRO) responsible for the enterprise-wide credit risk oversight at Manulife. CRM has the mandate to promote a culture of risk awareness across all levels of the organization and has the responsibility to establish and maintain Manulifes credit risk management framework.

This position will play a key role in the Credit Risk Management groups mandate of Portfolio Oversight of the Manulife General Account by way of Portfolio Stress Testing and Independent Credit Review of various Investment desks.

Positional Responsibilities:

Portfolio Oversight & Stress Testing

• Provide oversight of the Manulife Bonds Commercial Mortgages and Alternative Investments portfolio through stress testing exercise using various tools such as Risk Frontier Portfolio Studio etc.

• Perform what-if analysis multi-factor stress tests and reverse stress tests to identify credit rating migration credit/expected losses earnings/reserve impacts and capital requirements under various stress macroeconomic conditions.

• Prepare detailed spreadsheets tables and reports to summarize stress test findings

• Draft power-point slides and present the stress-test results and findings to Senior Management including Credit Committee.

• Perform ad-hoc analysis related to the Stress Tests upon request from Investment Teams Portfolio Managers and Senior Executives.

• Provide overall guidance and support in the maintenance (including quarterly data loading) of various supporting tools (e.g. Risk Frontier Portfolio Studio) used in the stress testing process.

Credit Analysis

• Be a contributing member of the team to undertake credit related reviews across multiple investment desks.

• Perform detailed credit analysis from various industry sectors and opine on a) the appropriateness of the assigned credit rating b) the adequacy of the risk and credit analysis included in the review and c) any emerging risks inherent in the credit.

• Prepare and draft summary reports to include CRMs detailed findings issues and observations related to the completed credit reviews.

Ad-hoc Research & Analysis

• Prepare independent industry and credit research reports on topical issues and trends assessing their impact on Manulifes credit portfolio.

• Stay abreast of economic and market environment and proactively identify emerging risks relevant to Manulifes investment portfolio.

Performance Tracking and Monitoring of the Alternative Long Duration Assets (ALDA) portfolio

• Assist with the maintenance of the risk rating framework and process as well as collecting reviewing and summarizing data that monitors the degree of risk present in individual ALDA investment assets.

• Prepare ALDA performance tracking and monitoring reports using spreadsheet models.

• Maintain the ALDA performance tracking spreadsheets making changes and suggesting improvements as necessary.

Policies and Procedures

• Assist with the review and updating of miscellaneous policies and procedures

• Help maintain investment guidelines and investment policies up to date

Required Qualifications:

• Credit Analysis Expertise: Minimum 34 years of experience in corporate credit research or credit analysis specifically involving large corporates issuing bonds or debt instruments (not limited to small commercial lending).

• Advanced Data Handling: Strong proficiency in Excel and large dataset analysis including hands-on experience with VLOOKUP Pivot Tables advanced formulas and data summarization techniques for reporting to senior management.

• Analytical & Reporting Skills: Ability to synthesize complex financial data into clear concise reports and presentations for decision-making.

• Communication Skills: Excellent verbal and written communication with the ability to articulate complex financial concepts clearly and professionally.

• Work Setup: Amenable to working night shift in a hybrid environment.

When you join our team:

• Well empower you to learn and grow the career you want.

• Well recognize and support you in a flexible environment where well-being and inclusion are more than just words.

• As part of our global team well support you in shaping the future you want to see.

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services provider helping people make their decisions easier and lives better. To learn more about us visit is an Equal Opportunity Employer

At Manulife/John Hancock we embrace our diversity. We strive to attract develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment retention advancement and compensation and we administer all of our practices and programs without discrimination on the basis of race ancestry place of origin colour ethnic origin citizenship religion or religious beliefs creed sex (including pregnancy and pregnancy-related conditions) sexual orientation genetic characteristics veteran status gender identity gender expression age marital status family status disability or any other ground protected by applicable law.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process contact .