Senior Risk Manager- Credit Risk
Top Benefits
About the role
We are: League Savings and Mortgage (LSM) Company provides tailored financial solutions designed to meet the unique needs of our customers. Backed by a dedicated team of financial professionals, we ensure every solution aligns with our customers’ personal and business goals. With nearly six decades of experience and a legacy of success, League Savings remains a trusted partner—delivering competitive solutions and results that count.
What We offer: Flexibility and balance, working from home. Working with a dynamic, knowledgeable and community-focused team. This is a permanent full-time position with an annual salary range of $96,203 - $113,180 Competitive, performance-based incentives. Competitive benefit package including a Flexible Health and Dental Plan. Group Savings for Retirement Options up to 8% of base earnings with TFSA option. Matching GSRP contribution by the Company. Generous paid time off including Me Time, Vacation, Sick Days, and Volunteer days. Tuition reimbursement, training, and personal development. Perks such as reduced rates on employee loans/mortgages, plus wellness and social committees.
If your values align with ours, consider joining our team as Senior Risk Analyst, Credit Risk.
Working with a professional and dedicated team, the Senior Risk Analyst acts as the representative for the Credit Risk department with a focus on commercial lending portfolio quality and oversight. Working closely with the Director, Credit Risk, the Senior Risk Analyst is responsible for account management and portfolio monitoring, loan adjudication and coaching to ensure the commercial portfolio is in compliance with LSM’s Commercial Lending Criteria & Procedures and all relevant Executive and Board Policies.
Responsibilities: With the flexibility of working from home, responsibilities include:
Tracking and monitoring the status of: · Annual reviews for the commercial portfolio o Involves monitoring of progress, setting targets, ensuring overdue reviews stay within the acceptable limit; periodic review and update of template documents. · Mortgage maturities and renewals o Track pending maturities working with the Commercial Lending Analyst and Administrator to ensure appropriate review and approvals are in place to facilitate timely renewals. · Delinquency and Watch List Accounts o Monitor daily and weekly ‘NSF’ returned payments and delinquencies, following up with the Account Manager to ensure timely and effective action plans. Escalate high risk delinquencies to the Director and Senior Risk Manager, Credit Risk. o Attending monthly and quarterly watch list meetings, responsible for follow up with Commercial Analysts to ensure timely completion of action items with a focus on minimizing loss.
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Reviewing and analyzing portfolio analytics · Working closely with Finance and Administration to prepare and analyze the monthly commercial portfolio analysis; assist the Senior Risk Manager and Director, Credit Risk with the quarterly Commercial Portfolio Analysis Report. · Assists with the periodic portfolio level stress testing (refer to the Commercial Lending Portfolio Level Stress Testing Procedures).
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Attending Credit Committee Meetings, to assist with review of credit committee minutes. · Working closely with the Administrator responsible for drafting the minutes, the Senior Risk Analyst will finalize minutes and submit to the Credit Committee Chair/Director, Credit Risk for final review.
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Assisting with monthly and quarterly research and market monitoring relevant to the commercial and retail portfolios and lending industry.
-
Adjudicating new commercial loan applications, amendments and annual reviews within delegated lending authority. Recommend to Senior Risk Manager or Director, Credit Risk as required based on loan amount and or total connection.
-
Maintaining current and in-depth knowledge of the Commercial Lending Criteria & Procedure Guide.
-
Maintaining and develop template documents to support consistency in underwriting and account management practices · Working closely with the Senior Risk Manager, Credit Risk and the Manager, Commercial Lending to build on and maintain templates required for consistent approach to loan origination and prudent account management
To be successful: As the ideal candidate you will have successfully completed a bachelor’s degree in commerce (Major in Urban Land Economics considered an asset), plus have 4 or more years of related experience; or an equivalent combination of education, training and experience.
A professional designation or working toward one considered an asset (e.g., FRM, CRM, CPA, CFA, or CAMS). Strong communication skills (oral, written, presentation)
Demonstrated knowledge and experience with all aspects of credit including; commercial real estate loans - term and construction financing, operating loans, corporate loans, commercial leases and residential mortgages and retail credit.
Demonstrated comprehensive understanding of enterprise-wide strategic credit policy development.
Location: This position will be based in our Halifax, NS office, but offers the flexibility of working remotely across Canada.
Travel, evening and weekend work: This position requires occasional evening and weekend work.
Similar Jobs
Senior Risk Manager- Credit Risk
Top Benefits
About the role
We are: League Savings and Mortgage (LSM) Company provides tailored financial solutions designed to meet the unique needs of our customers. Backed by a dedicated team of financial professionals, we ensure every solution aligns with our customers’ personal and business goals. With nearly six decades of experience and a legacy of success, League Savings remains a trusted partner—delivering competitive solutions and results that count.
What We offer: Flexibility and balance, working from home. Working with a dynamic, knowledgeable and community-focused team. This is a permanent full-time position with an annual salary range of $96,203 - $113,180 Competitive, performance-based incentives. Competitive benefit package including a Flexible Health and Dental Plan. Group Savings for Retirement Options up to 8% of base earnings with TFSA option. Matching GSRP contribution by the Company. Generous paid time off including Me Time, Vacation, Sick Days, and Volunteer days. Tuition reimbursement, training, and personal development. Perks such as reduced rates on employee loans/mortgages, plus wellness and social committees.
If your values align with ours, consider joining our team as Senior Risk Analyst, Credit Risk.
Working with a professional and dedicated team, the Senior Risk Analyst acts as the representative for the Credit Risk department with a focus on commercial lending portfolio quality and oversight. Working closely with the Director, Credit Risk, the Senior Risk Analyst is responsible for account management and portfolio monitoring, loan adjudication and coaching to ensure the commercial portfolio is in compliance with LSM’s Commercial Lending Criteria & Procedures and all relevant Executive and Board Policies.
Responsibilities: With the flexibility of working from home, responsibilities include:
Tracking and monitoring the status of: · Annual reviews for the commercial portfolio o Involves monitoring of progress, setting targets, ensuring overdue reviews stay within the acceptable limit; periodic review and update of template documents. · Mortgage maturities and renewals o Track pending maturities working with the Commercial Lending Analyst and Administrator to ensure appropriate review and approvals are in place to facilitate timely renewals. · Delinquency and Watch List Accounts o Monitor daily and weekly ‘NSF’ returned payments and delinquencies, following up with the Account Manager to ensure timely and effective action plans. Escalate high risk delinquencies to the Director and Senior Risk Manager, Credit Risk. o Attending monthly and quarterly watch list meetings, responsible for follow up with Commercial Analysts to ensure timely completion of action items with a focus on minimizing loss.
-
Reviewing and analyzing portfolio analytics · Working closely with Finance and Administration to prepare and analyze the monthly commercial portfolio analysis; assist the Senior Risk Manager and Director, Credit Risk with the quarterly Commercial Portfolio Analysis Report. · Assists with the periodic portfolio level stress testing (refer to the Commercial Lending Portfolio Level Stress Testing Procedures).
-
Attending Credit Committee Meetings, to assist with review of credit committee minutes. · Working closely with the Administrator responsible for drafting the minutes, the Senior Risk Analyst will finalize minutes and submit to the Credit Committee Chair/Director, Credit Risk for final review.
-
Assisting with monthly and quarterly research and market monitoring relevant to the commercial and retail portfolios and lending industry.
-
Adjudicating new commercial loan applications, amendments and annual reviews within delegated lending authority. Recommend to Senior Risk Manager or Director, Credit Risk as required based on loan amount and or total connection.
-
Maintaining current and in-depth knowledge of the Commercial Lending Criteria & Procedure Guide.
-
Maintaining and develop template documents to support consistency in underwriting and account management practices · Working closely with the Senior Risk Manager, Credit Risk and the Manager, Commercial Lending to build on and maintain templates required for consistent approach to loan origination and prudent account management
To be successful: As the ideal candidate you will have successfully completed a bachelor’s degree in commerce (Major in Urban Land Economics considered an asset), plus have 4 or more years of related experience; or an equivalent combination of education, training and experience.
A professional designation or working toward one considered an asset (e.g., FRM, CRM, CPA, CFA, or CAMS). Strong communication skills (oral, written, presentation)
Demonstrated knowledge and experience with all aspects of credit including; commercial real estate loans - term and construction financing, operating loans, corporate loans, commercial leases and residential mortgages and retail credit.
Demonstrated comprehensive understanding of enterprise-wide strategic credit policy development.
Location: This position will be based in our Halifax, NS office, but offers the flexibility of working remotely across Canada.
Travel, evening and weekend work: This position requires occasional evening and weekend work.