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

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.

Infographic showing various Credit Risk Manager job openings in Saskatoon, SK as of August 2026, with employment types broken down into 1% As Needed, 77% Full Time, 18% Part Time, and 4% Contract. Highlights an 88% Physical, 2% Hybrid, and 10% Remote job distribution.

Summit Readiness Associate, Commercial Development Program (RM- Agriculture banking) - Saskatoon

Scotiabank

Saskatoon, SK • On-site

Full-time

Re-posted 13 days ago


Job description

Requisition ID: 263297 
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Are you looking to build a career in Agricultural Banking and apply your experience in relationship management, business development, or financial services to support Canadian farm and agri-business clients? We are seeking candidates with backgrounds in banking, agriculture, agri-business, lending, sales, or client-facing advisory roles who want to deepen their expertise in Commercial Banking. This opportunity is ideal for individuals who understand the agricultural sector-or are eager to learn more-and are motivated to build strong client relationships, deliver tailored financial solutions, and support local market growth. As part of the Commercial Banking Development Summit Readiness Program, you will gain a structured development experience designed to prepare both external candidates and current Scotiabank employees for progression into client-facing Commercial Banking roles.

Program Structure & Duration

This is a results-driven Talent Development Program of up to 12 months in duration. In this role, you will support the growth and management of a portfolio of agricultural and agri-business clients by helping deliver advice, credit solutions, and day-to-day relationship support. Upon successful completion of the program, participants will be placed into a full-time position, with the potential for career advancement into senior roles.

Is this role right for you? In this role you will:

  • Participate fully in the Talent Development Program, accelerating expertise in Commercial Banking credit, risk, and business development through guided learning, practical assignments, and coaching.
  • Engage in complex, hands-on assignments across credit, risk, and client service disciplines to build professional judgment and leadership confidence.
  • Support the development, management, and growth of relationships with agricultural and agri-business clients.
  • Champion a customer-focused culture, deepening client relationships and leveraging broader Bank resources.
  • Support Directors and Relationship Managers across various Commercial Banking segments, assisting with servicing a diverse client base-both borrowing and non-borrowing and with operations extending nationally or internationally.
  • Actively develop business development capabilities, including risk management, commercial acumen, communication, and collaboration, progressing from foundational awareness to independent execution.
  • Ensure compliance with regulatory and Bank standards, enhance financial analysis, due diligence, and monitoring skills, and support strong credit decisions and portfolio quality.
  • Model professional behaviors, contribute to a collaborative team environment, and demonstrate accountability for personal growth.
  • Apply learning from training, coaching, and feedback to real-world client activities and internal forums.
  • Seek feedback, reflect on performance, and demonstrate resilience, adaptability, and ownership of personal development.

Do you have the skills that will enable you to succeed in this role?

  • Post-secondary education in business, finance, accounting, agriculture, agri-business, economics, or a related field is preferred.
  • 2-6 years of prior experience in credit, business development, client-facing, advice, strategy, or relationship-based roles is an asset.
  • Background in agriculture, agri-business, farm operations, or strong demonstrated interest in the agricultural sector is strongly preferred.
  • Demonstrated learning agility, self-directed growth, and a keen interest in Commercial Banking.
  • Experience in global banking or international markets is an asset.
  • Strong client-centric judgment and decision making, risk awareness, and effective escalation skills.
  • Excellent communication and disciplined documentation, with an eye for regulatory and operational compliance.
  • Collaboration skills and ability to deliver integrated solutions across teams.
  • Professional presence, adaptability, and ability to integrate into a fast-paced, changing environment.
  • Must have a valid driver's license and reliable access to a vehicle for travel within the assigned territory.

What's in it for you?

  • Accelerated development experience preparing you for client-facing roles in Commercial Banking.
  • Exposure to a broad range of assignments and collaboration with industry-leading professionals.
  • Opportunities to build expertise in business development, credit, and risk within a dynamic commercial banking environment.
  • Support from program leadership, business stakeholders, and internal partners as you progress toward placement readiness.
  • Experience with complex client, credit, and operational data management, and exposure to both standard and sophisticated client needs.

Location(s):  Canada : Saskatchewan : Saskatoon || Canada : Saskatchewan : Regina 
Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.  
At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our  Recruitment team know. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.