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

Credit Manager

Toronto, ON · On-site

CA$81K - CA$115K/yr

Risk Management Pay Details: $81,600 - $115,200 CAD TD is committed to providing fair and equitable ... The Credit Solutions Group is focused on helping to create and implement complex structured ...

Head of Risk

Toronto, ON · On-site

$120 - $140/hr

Manage credit decisioning workflows, monitor portfolio health, and surface emerging risk early. * Build out our collections function, from outreach cadences and hardship handling through recovery and ...

Manager, Risk Appetite

Toronto, ON · On-site

CA$69K - CA$129K/yr

... credit risk, market risk, liquidity risk, and or non-financial risks; understanding of Data ... Communication and Relationship Management: Excellent skills to present complex findings and manage ...

Risk Management Pay Details: $81,600 - $115,200 CAD TD is committed to providing fair and equitable ... As part of RRM, the Credit Allowance Forecasting and Analysis team is responsible for Credit Loss ...

As an Analyst, Trading Credit, you will provide comprehensive analytical and research support to ... Ensure portfolio alignment with risk management policies and evolving methodologies. Maintain well ...

As an Analyst, Trading Credit, you will provide comprehensive analytical and research support to ... Ensure portfolio alignment with risk management policies and evolving methodologies. Maintain well ...

Showing results 41-60

Credit Risk Manager information

See Pickering, ON salary details

$66.5K

$111.3K

$144.4K

How much do credit risk manager jobs pay per year?

As of Aug 6, 2026, the average yearly pay for credit risk manager in Pickering, ON is $111,279.00, according to ZipRecruiter salary data. Most workers in this role earn between $98,172.00 and $115,163.00 per year, depending on experience, location, and employer.

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 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 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 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.

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.

What job categories do people searching Credit Risk Manager jobs in Pickering, ON look for? The top searched job categories for Credit Risk Manager jobs in Pickering, ON are:
What cities near Pickering, ON are hiring for Credit Risk Manager jobs? Cities near Pickering, ON with the most Credit Risk Manager job openings:
Infographic showing various Credit Risk Manager job openings in Pickering, ON as of July 2026, with employment types broken down into 84% Full Time, and 16% Part Time. Highlights an 95% Physical, 1% Hybrid, and 4% Remote job distribution, with an average salary of $111,279 per year, or $53.5 per hour.

Senior Analyst, Credit Risk Strategy Oversight

BMO Capital Markets

Toronto, ON • On-site

CA$56K - CA$103K/yr

Other

Medical, Life, Retirement

Posted 13 days ago


Job description

Application Deadline:

08/29/2026

Address:

33 Dundas Street West

Job Family Group:

Audit, Risk & Compliance

Join a purposedriven team at the centre of BMO's risk management ecosystem. As a Senior Analyst, Credit Risk Strategy Oversight, you will contribute analytical depth, structured review, and developing independent challenge across Canadian Retail lending business. Operating in the second line, you will apply sound judgment and strong analytical capabilities to support the identification, assessment, and communication of nonroutine credit risk issues enhancing decision quality, transparency, and alignment to risk appetite, regulatory expectations, and governance standards. Your focus will be on business/group priorities, with opportunities to contribute to enterprise initiatives as your experience grows.

Key Responsibilities

Independent Risk Oversight & Analytical Review

  • Support independent assessments of credit proposals, strategy updates, segmentation approaches, and MLenabled decisioning.
  • Conduct analyses on assumptions, data quality, performance monitoring, and portfolio impacts; identify issues and recommend escalation where appropriate.
  • Contribute to the preparation of clear, concise secondline commentary, summaries, and risk insights for committees and senior leadership.

Portfolio Risk Insight & Stress Testing Support

  • Execute components of regulatory capital and stresstesting analysis, including data preparation, scenario interpretation, and variable review.
  • Perform deepdive analytics on trends, concentrations, and emerging risks to support forwardlooking portfolio assessments.
  • Prepare analytical summaries and visualizations that translate complex findings into decisionready insights.

CrossFunctional Collaboration

  • Provide analytical support to partners in Credit, Product, Finance, Operations, and Data/Analytics, ensuring risk considerations are appropriately incorporated.
  • Assist in preparing materials that distill complex technical analysis into clear, simple narratives suitable for nontechnical audiences.
  • Participate in crossfunctional discussions to ensure alignment with governance, data quality, and control expectations.

Credit Governance & Policy Support

  • Support maintenance of credit governance documents, tracking requirements, and ensuring documentation accuracy and completeness.
  • Assist in monitoring adherence to credit policies, standards, and Regulatory Compliance Management (RCM) requirements.
  • Help coordinate supporting materials for oversight reviews, audits, examinations, and controlrelated activities.

Judgment, Independence & Continuous Improvement

  • Work independently on assigned analytical tasks and nonroutine issues within established guidelines and frameworks.
  • Identify opportunities to improve processes, documentation consistency, and reporting accuracy.
  • Take ownership of assigned workstreams, with broader responsibilities assigned as experience and business needs evolve.

Qualifications

  • Typically 4-6 years in lending, credit risk, analytics, portfolio management, or related functions within a financial institution.
  • Postsecondary degree in Finance, Economics, Statistics, Mathematics, Engineering, or a related field or an equivalent combination of education and experience.
  • Applied analytics experience with Python, SQL, SAS, R, or similar tools; demonstrated ability to synthesize complex analysis into clear, decisionready narratives and visuals.
  • Working understanding of banking, credit risk concepts, and portfolio analytics gained through education and handson experience.
  • Datadriven decision making
  • Basic understanding of compliance and regulatory expectations
  • Machinelearning awareness (bias, overfitting, explainability basics)

What We Offer

  • A highimpact secondline role with visibility across priority businesses and exposure to enterprise initiatives.
  • Opportunities to meaningfully strengthen credit oversight, decision quality, and portfolio resilience.
  • A culture that values integrity, inclusion, innovation, and high performance.
  • Access to senior leaders, crossfunctional partners, and complex challenges that support ongoing career growth.

Salary:

$56,000.00 - $103,500.00

Pay Type:

Salaried

The above represents BMO Financial Group's pay range and type.

Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group's expected target for the first year in this position.

BMO Financial Group's total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit:https://jobs.bmo.com/global/en/Total-Rewards

About Us

At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one - for yourself and our customers. We'll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we'll help you gain valuable experience, and broaden your skillset.

To find out more visit us at https://jobs.bmo.com/ca/en.

BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other's differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.