Director, Wealth Credit Risk
About The Position
Wealth Credit Risk supports Private Banking delivering sound, client-focused credit risk management which balances strategic growth with prudent adjudication decisions. As the Director, you’ll oversee the day-to-day credit adjudication function under the guidance of the Senior Director, helping ensure a consistent approach to high net worth lending decisions across the team. You’ll help lead a broad team of Credit Risk Managers, supported by a smaller group of Team Leads, building capability, strengthening engagement, and driving consistent and sustainable performance. You’ll work closely with Private Banking leadership aligning adjudication decisions with credit risk appetite while maintaining a client-first mindset in support. You’ll also partner with internal teams on controls, regulatory expectations, and key initiatives to support effective processes and clear oversight across the credit risk function. You'll have the flexibility to manage your work activities within a hybrid work arrangement where you'll spend 3 days per week on-site, while other days will be remote.
Requirements
- Degree/diploma in business, finance, economics, or a related field.
- Experience working with high net worth credit.
- Completed relevant financial services or credit-related coursework, including the Canadian Securities Course and Personal Financial Planning Course.
- A caring and accountable leader.
- Experience developing and implementing strategic team goals.
- Experience coaching employees and inspiring successful team performance.
- Ability to give meaning to data, investigate complex problems, and make sense of information.
- Ability to communicate detailed information in a meaningful way.
- Ability to influence and build relationships and networks.
- Ability to inspire outcomes by sharing expertise.
- Values trust, teamwork, and accountability.
Nice To Haves
- Master’s degree in business, finance, or economics is an asset.
- Experience supporting Private Banking or high net worth credit clients is an asset.
- Completed Level I or higher of the Chartered Financial Analyst program is an asset.
Responsibilities
- Leading the day-to-day credit adjudication function, ensuring adjudication decisions are consistent, well reasoned, and aligned with established credit risk guidelines.
- Coach, develop, and support Credit Risk Managers to build capability, strengthen engagement, and drive strong individual and team performance.
- Collaborate with Team Leads promoting a consistent leadership approach across the team to support the effective execution of the credit risk management mandate.
- Work closely with Private Banking leadership to support strategic credit growth while maintaining pragmatic alignment with credit risk appetite.
- Partner across the business to ensure controls, processes, and risk practices align with regulatory expectations and internal standards.
- Contribute to and help lead business and risk initiatives that improve visibility, strengthen oversight, and support ongoing operational effectiveness.
Benefits
- Competitive salary
- Incentive pay
- Banking benefits
- Benefits program
- Defined benefit pension plan
- Employee share purchase plan
- Vacation offering
- Wellbeing support
- MomentMakers, our social, points-based recognition program
- Purpose Day; a paid day off dedicated for you to use to invest in your growth and development
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What This Job Offers
Job Type
Full-time
Career Level
Director
