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Credit Risk Manager Jobs in Fergus, ON (NOW HIRING)

Lead teams in completing investment and unsecured credit compliance transactions and complex ... Extensive knowledge of team, process, and risk management along with advanced understanding of the ...

Probes to understand customer personal banking and credit card needs and integrates marketing ... Take measured risks while protecting the bank by applying our Risk Management Framework in the ...

Take measured risks while protecting the bank by applying our Risk Management Framework in the ... If a Credit Qualifiable job, Credit Qualifications and associated credit knowledge and skills ...

Build and exhibit sales skills and credit knowledge and partner effectively within TD's employee ... Maintain a culture of risk management and control, supported by effective processes in alignment ...

You will learn the fundamentals of commercial lending through financial analysis, risk management ... credit, deposits and cash management needs of your clients. Job Requirements: You're a well-rounded ...

Showing results 21-40

Credit Risk Manager information

What is a credit risk manager?

Credit Risk Managers are professionals responsible for assessing and managing the risk of financial losses that may arise from borrowers failing to repay loans or meet contractual obligations. They analyze financial data, credit reports, and market trends to determine the creditworthiness of individuals or businesses. Credit Risk Managers also develop policies and strategies to minimize potential losses and ensure compliance with regulatory standards. Their role is critical in maintaining the financial health and stability of banks, lending institutions, and other organizations involved in credit.

What does a credit risk manager do?

A credit risk manager analyzes credit risk for banks and similar financial institutions. In this role, it’s your job to develop better credit risk policies and procedures to alleviate losses and maintain capital. Additional duties involve examining data, building financial models, creating performance reports, ensuring regulatory compliance, and formulating credit policy. This career requires at least a bachelor’s degree in business administration or a related field. Other important qualifications include excellent analytical, communication, and research skills. Most employers typically prefer candidates who have previous risk management experience.

What are the key skills and qualifications needed to thrive as a credit risk manager, and why are they important?

To thrive as a Credit Risk Manager, you need strong analytical abilities, deep knowledge of financial principles, and typically a degree in finance, accounting, or a related field. Familiarity with risk modeling software, credit scoring systems, and regulatory frameworks such as Basel III is essential. Strong communication, decision-making, and stakeholder management skills set outstanding professionals apart in this field. These skills are crucial for accurately assessing creditworthiness, minimizing financial losses, and ensuring regulatory compliance within financial institutions.

How does a credit risk manager typically collaborate with other departments to assess and mitigate risk?

A Credit Risk Manager frequently works with teams across the organization, such as underwriting, finance, and compliance, to assess borrower creditworthiness and ensure adherence to risk policies. Collaboration often involves developing risk models, reviewing loan portfolios, and communicating risk exposures to senior management. Working closely with these departments enables comprehensive risk assessments and the implementation of effective mitigation strategies. This cross-functional approach fosters a proactive risk culture and ensures that credit decisions align with both regulatory requirements and business objectives.

What is the difference between Credit Risk Manager vs Credit Analyst?

AspectCredit Risk ManagerCredit Analyst
CredentialsBachelor's degree, often certifications like CFA or credit risk certificationsBachelor's degree, finance or related field, sometimes certifications like CFA
Work EnvironmentOversees risk policies, manages teams, strategic planningAnalyzes credit data, assesses borrower risk, prepares reports
Industry UsageUsed in banking, financial services, lending institutionsCommon in banks, credit agencies, financial firms

The Credit Risk Manager focuses on overseeing and managing the overall credit risk policies and teams, while the Credit Analyst conducts detailed credit assessments of individual borrowers. Both roles require similar credentials and are integral to credit decision processes, but they differ in scope and responsibilities.

How much do credit risk managers make in the US?

Credit risk managers in the US typically earn a median annual salary of around $85,000 to $125,000, with experienced professionals and those in senior roles earning higher. Salaries can vary based on industry, location, and level of experience, and certifications like CFA or FRM can enhance earning potential.

What cities near Fergus, ON are hiring for Credit Risk Manager jobs?

Cities near Fergus, ON with the most Credit Risk Manager job openings:

Infographic showing various Credit Risk Manager job openings in Fergus, ON as of August 2026, with employment types broken down into 88% Full Time, 11% Part Time, and 1% Contract. Highlights an 79% Physical, 3% Hybrid, and 18% Remote job distribution.

Internal Audit Manager

Waterloo, ON • On-site

Sun Life Financial
Insurance Carriers • 10K+ employees

Full-time

PTO

Posted 4 days ago


Sun Life Assurance Company of Canada rating

8.6

Company rating: 8.6 out of 10

Based on 18 frontline employees who took The Breakroom Quiz

96th of 315 rated insurance


Job description

You are as unique as your background, experience and point of view. Here, you'll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do.


At Sun Life, we're driven by our Purpose: helping our Clients achieve lifetime financial security and live healthier lives. Our values shape how we work: caring, authentic, bold, inspiring, and impactful.


When you join Sun Life, you'll work with passionate colleagues and empowering leaders who support your growth and celebrate your contributions, so you can make a meaningful difference in our Clients' lives.


Discover how you can make a difference in the lives of individuals, families and communities around the world.


Job Description:

About the role:

Our team members are important to us, and we understand that each person's needs and circumstances are unique. This is a Hybrid opportunity in our Waterloo or Toronto offices, where you will come into the office twice a week, to connect in person, as a team and with our clients. Daily work hours also provide some flexibility for start and finish times as well as occasional accommodations that allow for other commitments that are important for you that may take you away from work during core business hours.In addition, Internal audit fully participates in, and supports, Sun Life's quinquennial sabbatical program where, starting with your 5th work anniversary and repeating every five years after, you can take a 3-6 weeks sabbatical that includes an additional paid week off.

This is an opportunity to join an engaged, inclusive, and collaborative team that is focused on individual development, building networks, and making an impact within the business. In this role, you will report to the Director, Internal Audit, and play a key role in the management and day-to-day execution of audit activities within the Canada business.You will have an opportunity to learn about Canada's asset management, group retirement, and insurance businesses, as well as informal people leadership and participation in Audit Methodology discussions.

This role is focused on overseeing and executing audits by assessing risks, evaluating internal controls, making recommendations regarding control deficiencies, and identifying areas of opportunity for improvement.Through audit work, you will have the opportunity to develop competencies around leading discussions with senior management, influencing various levels of management, project management, and building client relationships across the organization.

What will you do?

  • Manage audit engagements in accordance with department methodology and IIA standards
  • Lead audit meetings with clients, present findings, and drive the audit process
  • Support documentation of business understanding, objectives, and key controls; execute testing of controls
  • Prepare and review audit reports; monitor resolution of findings
  • Build and manage relationships with business partners and senior leadership
  • Identify opportunities to automate testing using data analytics tools (CAAT)
  • Provide risk management consulting support and training to business units
  • Stay current on industry best practices and thought leadership

What do you need to succeed?

  • 4-6 years of audit, risk management, or advisory/consulting experience in financial services
  • Proven ability to manage multiple projects simultaneously
  • Strong analytical and problem-solving skills with ability to understand complex business processes and identify key controls
  • Excellent written and oral communication skills
  • Knowledge of control frameworks (COSO, COBIT) and audit techniques
  • Ability to operate in a rapidly changing environment
  • This role requires Reliability Status Clearance. In addition to a law enforcement inquiry and a credit check, as part of your application, the Government of Canada will ask if you lived or travelled outside of Canada for 6-consecutive months during the last 5 years, and you must account for all activities during this time.

Preferred Skills:

  • Professional audit designation (CPA, CIA, CRMA, CISA)
  • IT Risk, IT General Controls (ITGC), or IT applications audit experience
  • Knowledge of data analysis tools
  • Knowledge of IFRS, compliance frameworks (AML, Privacy, Market Conduct), or ABAC
  • Demonstrated ability to lead meetings and influence stakeholders
  • Pro-active, detail-oriented, consultative, and strong problem-solving approach

What's in it for you?

  • Hybrid work environment
  • A friendly, collaborative, and inclusive culture
  • 20 vacation days per year
  • Flexible Benefits from the day you join to meet the needs of you and your family
  • Pension, stock and savings programs to help build and enhance your future financial security
  • The opportunity to move along a variety of career paths with amazing networking potential
  • Access to our Global Learning Centre, available 24/7 for your learning needs
  • Wellness programs that support the three pillars of your health - mental, physical and financial

Recent Awards:

  • We are honoured to be recognized as a 2022, 2023, 2024 and 2025 Best Workplaces in Canada by Great Place to Work Canada
  • Great Place to Work list for Best Workplaces for #HybridWork 2022
  • Great Place to Work list for Best Workplaces for Professional Development in Canada 2022
  • Named "Best Places to Work" by Glassdoor, 2021 and 2023

The Base Pay range is for the primary location for which the job is posted. It may vary depending on the work location of the successful candidate or other factors. In addition to Base Pay, eligible Sun Life employees participate in various incentive plans, payment under which is discretionary and subject to individual and company performance. Certain sales focused roles have sales incentive plans based on individual or group sales results.


Diversity and inclusion have always been at the core of our values at Sun Life. A diverse workforce with wide perspectives and creative ideas benefits our Clients, the communities where we operate and all of us as colleagues. We welcome applications from qualified individuals from all backgrounds.


Persons with disabilities who need accommodation in the application process, or those needing job postings in an alternative format, may e-mail a request to thebrightside@sunlife.com.


We are proud to be a hybrid organization that offers our employees the choice and flexibility to work from both the office and virtually based on the needs of the business, our Clients and you.


We may use artificial intelligence to support candidate sourcing, screening, interview scheduling.


We thank all applicants for showing an interest in this position. Only those selected for an interview will be contacted.


Salary Range:

80,000/80 000 - 128,000/128 000

Job Category:

Internal Audit

Posting End Date:

13/09/2026

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