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

As a Manager, Commercial Credit Risk, reporting directly to the Senior Director, Commercial Credit Risk, you will be responsible for reviewing credit applications both within and above your delegated ...

To learn more about CIBC, please visit CIBC.com What you'll be doing As a Senior Commercial Credit Manager reporting to the Senior Director, Credit Risk Management, Ontario Region, you will be ...

Advanced credit risk management expertise across financial institutions and/or corporate portfolios, in particular the enhancement of credit risk policy, standards and guidance Strong knowledge of ...

We're searching for a Credit Risk Manager who will be responsible for the credit portfolio of Latin America Power & Utilities. You will monitor the credit exposure within the portfolio and individual ...

New

Geotab is seeking a Credit Risk & Recovery Manager who will be responsible for building and managing Geotab's end-to-end commercial credit risk and account recovery program - a critical new function ...

Collaborate with the risk management team to implement model enhancements and provide ongoing ... Demonstrated experience in risk management, credit risk modeling, or a similar analytical role ...

Analyst, Credit Risk

Toronto, ON · On-site

CA$52K - CA$71K/yr

Collaborate with the risk management team to implement model enhancements and provide ongoing ... Demonstrated experience in risk management, credit risk modeling, or a similar analytical role ...

As part of the team, you'll help with credit risk modeling, model risk management as well as AI/ML/GenAI modeling for financial institutions. Meaningful workyou'llbe part of As a Credit Risk ...

Credit Risk Analyst Duration 12 Month Contract, possibility of conversion Location: Downtown ... You'll also support cash management operations and utilize tools like Excel and ACBS to monitor ...

By identifying, assessing, and monitoring credit risk trends, you will communicate adherence to authorized risk tolerance parameters and support Senior Management decision-making. * Using deep ...

... experience in credit risk analysis within financial services -Solid understanding of banking ... You'll also support cash management operations and utilize tools like Excel and ACBS to monitor ...

Risk Analyst (Credit Risk)

Mississauga, ON · Hybrid

CA$70K - CA$82K/yr

You will assist the Senior Manager, Risk and Analytics, in developing, implementing, and managing the appropriate level of risk analysis, monitoring and controls to ensure sound and consistent credit ...

Risk Analyst (Credit Risk)

Mississauga, ON · Hybrid

CA$70K - CA$82K/yr

You will assist the Senior Manager, Risk and Analytics, in developing, implementing, and managing the appropriate level of risk analysis, monitoring and controls to ensure sound and consistent credit ...

Risk Analyst (Credit Risk)

Mississauga, ON · Hybrid

CA$70K - CA$82K/yr

You will assist the Senior Manager, Risk and Analytics, in developing, implementing, and managing the appropriate level of risk analysis, monitoring and controls to ensure sound and consistent credit ...

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Credit Risk Manager information

See Toronto, ON salary details

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$112.5K

$146K

How much do credit risk manager jobs pay per year?

As of Jun 10, 2026, the average yearly pay for credit risk manager in Toronto, ON is $112,502.00, according to ZipRecruiter salary data. Most workers in this role earn between $99,251.00 and $116,429.00 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 are Credit Risk Managers?

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.

Does credit risk pay well?

Credit risk managers typically earn competitive salaries that vary based on experience, location, and industry. They often receive additional benefits and may need certifications such as CFA or FRM, with higher salaries generally associated with senior roles and specialized skills.
What are the most commonly searched types of Credit Risk jobs in Toronto, ON? The most popular types of Credit Risk jobs in Toronto, ON are:
What are popular job titles related to Credit Risk Manager jobs in Toronto, ON? For Credit Risk Manager jobs in Toronto, ON, the most frequently searched job titles are:
What job categories do people searching Credit Risk Manager jobs in Toronto, ON look for? The top searched job categories for Credit Risk Manager jobs in Toronto, ON are:
What cities near Toronto, ON are hiring for Credit Risk Manager jobs? Cities near Toronto, ON with the most Credit Risk Manager job openings:

Commercial Credit Risk Manager

CIBC

Toronto, ON • Hybrid

Full-time

Retirement

Posted 13 days ago


Job description

We're building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what's right for our clients.

At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.

To learn more about CIBC, please visit CIBC.com

What you'll be doing

Credit Risk Management works with its partners to understand, measure, and monitor risk and adhere to CIBC's quality and concentration policies in order to maintain a risk profile that is consistent with the CIBC Risk Appetite Statement. As a Manager, Commercial Credit Risk, reporting directly to the Senior Director, Commercial Credit Risk, you will be responsible for reviewing credit applications both within and above your delegated lending authority, managing a portfolio of diversified regional commercial loans, and partnering with Commercial Banking officers through regular dialogue, consultation, and periodic visits.

At CIBC we enable the workenvironment most optimal for youto thrive in your role. Details onyour work arrangement(proportion of on-site and remotework) will be discussed at thetime of your interview.

How you'll succeed

  • Credit adjudication - Adjudicate credit applications for Commercial Banking clients within a designated portfolio and lending authority.

  • Portfolio management - Proactively manage a credit portfolio of diversified Commercial. Banking clients through sound financial and non-financial analysis as well as an understanding of emerging trends within the regional economic, industry and business environments.

  • Relationship building - Make an impact by developing strong relationships with internalpartners, external intermediaries and industry associations.

  • Team building - Provide mentoring, advice, and guidance on credit risk matters to internalpartners.

Who you are

  • You can demonstrate experience. Minimum 2 years' experience in Commercial/Business banking, banking credit, credit adjudication, etc. Experience reviewing and understanding financial statements. Proficient with MS Office, Excel, and PowerPoint.

  • You have a degree. Undergraduate degree in Business, Commerce, and/or related field. It's an asset if you have other designations including an MBA, CPA or CFA.

  • You embrace and advocate for change. You continuously evolve your thinking and the wayyou work in order to deliver your best.

  • Your influence makes a difference. You know that relationships and networks are essential to success. You inspire outcomes by sharing your expertise.

  • You know that details matter. You notice things that others don't. Your critical thinking skills help to inform your decision making.

  • Values matter to you. You bring your real self to work and you live our values - trust, teamwork and accountability.

What CIBC Offers

At CIBC, your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career, rather than just a paycheck.

  • We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program*, defined benefit pension plan*, an employee share purchase plan, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program.

  • Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.

  • We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.

*Subject to plan and program terms and conditions

What you need to know

  • CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contact Mailbox.careers-carrieres@cibc.com

  • CIBC is committed to clarity in our hiring process. All roles posted are opportunities we're actively recruiting for, unless stated otherwise.

  • You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit.

  • We may ask you to complete an attribute-based assessment and other skills test (such as simulation, coding, French proficiency).

  • We use artificial intelligence tools during the recruitment process. Our goal for the application process is to get to know more about you, all that you have to offer, and give you the opportunity to learn more about us.

Job Location

Toronto-81 Bay, 30th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Analytical Thinking, Business Credit, Business Development, Credit Processes, Credit Risk Management, Ensure Compliance, Financial Analysis, Group Problem Solving, Portfolio Management