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Credit Risk Manager Jobs in Saskatoon, SK (NOW HIRING)

Co op

Manager, Credit

Saskatoon, SK · Hybrid

Manage enterprise credit risk by reviewing and approving high-value and high-risk accounts, assessing credit applications, and recommending risk mitigation strategies. * Evaluate vendor and customer ...

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Credit Risk Manager information

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.

More about Credit Risk Manager jobs
What job categories do people searching Credit Risk Manager jobs in Saskatoon, SK look for? The top searched job categories for Credit Risk Manager jobs in Saskatoon, SK are:
Credit Risk Manager jobs near you
Infographic showing various Credit Risk Manager job openings in Saskatoon, SK as of August 2026, with employment types broken down into 88% Full Time, 11% Part Time, and 1% Contract. Highlights an 84% Physical, 3% Hybrid, and 13% Remote job distribution.

Manager, Credit

Co op

Saskatoon, SK • Hybrid

Full-time

Retirement

Posted 20 days ago

Job description

Federated Co-operatives Limited (FCL) is hiring a Manager, Credit, on a full-time temporary basis (18 month term) within our Finance team. This position is a hybrid opportunity and is based in Saskatoon, SK.

Are you an experienced credit professional who thrives on managing risk, solving complex challenges, and building strong business partnerships? Join our Treasury & Credit team and play a key role in strengthening credit practices, supporting informed decision-making, and balancing organizational growth with effective risk management. If you enjoy leading teams, analyzing financial risk, and making a meaningful impact, we'd love to hear from you!

What you'll do:

  • Lead the Credit team, providing coaching, direction, and support to ensure effective operations and strong performance.

  • Manage enterprise credit risk by reviewing and approving high-value and high-risk accounts, assessing credit applications, and recommending risk mitigation strategies.

  • Evaluate vendor and customer creditworthiness through financial statement analysis, industry research, and security recommendations.

  • Develop and maintain corporate credit policies while partnering with internal teams to support business growth and minimize risk.

  • Monitor credit portfolio performance, analyze risk exposure, and provide reporting and recommendations to senior leadership.

  • Act as a subject matter expert on complex credit matters, including collections, insolvencies, bankruptcies, and credit policy guidance.

Who you'll work with:
The Team: You will lead the Credit team, including the Credit Supervisor and Collection Supervisor, while partnering closely with Treasury, Finance, Legal, commodity groups, and business leaders across FCL and the Co-operative Retailing System (CRS). Reporting to the Senior Manager, Treasury & Credit, you'll collaborate with internal and external stakeholders to support sound credit decisions, mitigate organizational risk, and enable business growth.

Why it matters:
We help local Co-ops grow and thrive by offering a range of professional services, including marketing, market research, information technology, human resources, accounting, risk management and business development. 

Who you are:
You are looking for a career in Finance and:

  • Have 8+ years of progressive experience in credit, finance, or accounts receivable, including 5+ years in credit analysis/collections and 3+ years leading teams.
  • Have a Bachelor's Degree in Finance or Accounting.
  • An Accounting designation required. A CCP (Certified Credit Professional) designation would be considered an asset.

What we offer:

  • Competitive salaries, short-term incentives, a comprehensive benefits package, and an employer-contributed pension plan. 

  • Encouragement to take advantage of learning opportunities to grow and develop as a Team Member. 

  • As a co-operative, we do business differently. We believe in working together to serve Western Canadians, delivering profits back to our communities and investing in sustainable growth. To learn more about who we are and what we offer, visit www.fcl.crs.

We are committed to providing reasonable accommodations throughout the recruitment process to ensure an enjoyable candidate experience. If you require an accommodation during the recruitment process, we invite you to submit your requests to us via fclhr@fcl.crs. All information received will be kept confidential.

If this opportunity speaks to you, we invite you to apply by August 3, 2026.

We thank all candidates for their interest, however only those selected to continue in the recruitment process will be contacted.

As this position is considered a position of trust, you may be required to complete a criminal record check in accordance with FCL policies.

FCL embraces diversity and inclusion. We're working to create a workforce that is as diverse as the communities we serve and an environment where every team member brings their whole self to work. We believe all candidates should feel at home with us and be given the opportunity to fully participate during the recruitment process.

As a co-operative, we do business differently. We believe in working together to serve Western Canadians, delivering profits back to our communities and investing in sustainable growth. Our work is guided by our values of integrity, excellence and responsibility and driven by our vision of building sustainable communities together. To learn more about who we are, visit www.fcl.crs.

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