Senior AnalystManager, Credit Risk Management
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Job Location:
Monthly Salary:
Posted on:
5 hours ago
Vacancies:
1 Vacancy
Job Summary
Primary 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 RiskFrontier 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.
Research & Analysis
- Prepare independent macro-economic industry credit research reports on topical issues and trends assessing their impact on Manulifes credit/investment portfolio.
- Stay abreast of economic and market environment and proactively identify emerging risks relevant to Manulifes investment portfolio.
- Draft potential stress test topics and macro-economic scenarios to be used in future portfolio stress tests.
Performance Tracking and Monitoring of the Alternative Long Duration Assets (ALDA) portfolio
- Assist with maintenance of the risk rating framework / process collecting / reviewing / summarizing data that monitors the degree of risk present in individual ALDA investment assets.
- Prepare ALDA performance tracking and monitoring reports inputting quarterly returns data into spreadsheet models
- Maintain the ALDA performance tracking spreadsheets making changes and suggesting improvements as necessary.
Qualifications/Experience
- Minimum 3-4 years of experience in macroeconomic industry or credit research in a financial institution.
- An undergraduate degree in Business Economics or Finance.
- Advanced data analysis skills using large spreadsheets.
- Ability to summarize a large amount of data into concise reports and presentations for senior management.
- Strong communication skills (oral and written)
- Collaborative approach and strong interpersonal skills
- High proficiency with Microsoft Office (Excel PowerPoint and Word) applications.
- Strong prioritization skills and ability to multi-task in a fast-paced environment
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 .
Referenced Salary Location
Halifax Nova ScotiaWorking Arrangement
Salary range is expected to be between
$79700.00 CAD - $129700.00 CADIf you are applying for this role outside of the primary location please contact for the salary range for your location. The actual salary will vary depending on local market conditions geography and relevant job-related factors such as knowledge skills qualifications experience and education/training. Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance.
Manulife offers eligible employees a wide array of customizable benefits including health dental mental health vision short- and long-term disability life and AD&D insurance coverage adoption/surrogacy and wellness benefits and employee/family assistance plans. We also offer eligible employees various retirement savings plans (including pension and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in Canada includes holidays vacation personal and sick days and we offer the full range of statutory leaves of absence. If you are applying for this role in the U.S. please contact for more information about U.S.-specific paid time off provisions.
Required Experience:
Manager
Key Skills
- Financial Statement Preparation
- Credit Analysis
- Cash Flow Analysis
- Math
- Banking
- Analysis Skills
- UCC Law
- Underwriting
- Financial Analysis
- Financial Modeling
- Financial Report Interpretation
- Word Processing
About Company
Manulife is a leading financial services group. We provide financial advice, insurance, as well as wealth and asset management solutions for individuals, groups and institutions.
