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

The Credit & Risk Solutions Product Specialist will partner closely with Sales, Relationship Management, Product Management, and Client Success teams to support growth, retention, product adoption ...

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Credit Risk Manager information

See Toronto, ON salary details

$67.3K

$112.5K

$146K

How much do credit risk manager jobs pay per year?

As of Sep 14, 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.

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 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:

Infographic showing various Credit Risk Manager job openings in Toronto, ON as of September 2026, with employment types broken down into 87% Full Time, 12% Part Time, and 1% Contract. Highlights an 78% Physical, 2% Hybrid, and 20% Remote job distribution, with an average salary of $112,502 per year, or $54.1 per hour.

Credit Product Specialist

Toronto, ON • On-site

Full-time

Medical, Retirement

Re-posted 8 days ago


S&P Global rating

7.3

Company rating: 7.3 out of 10

Based on 10 frontline employees who took The Breakroom Quiz


Job description

About the Role:

Grade Level (for internal use):

10

The Team:

We value partnership, collaboration, client focus, andstrong communication. The Americas Credit Specialist team is a group of credit risk professionals supporting a sophisticated sales organization across a broad range of analytical solutions, data assets, and workflow tools.

Success in this role requires strong product knowledge, intellectual curiosity, commercial awareness, and the ability to work effectively with Sales, Relationship Management, Product, and Client Success teams. The ideal candidate will be comfortable engaging with clients, understanding their business challenges, and helping position S&P Global Market Intelligence's Credit and Risk Solutions in a clear and practical way.

This role will focus primarily on supporting clients and prospects across North America, including financial institutions, corporations, insurance companies, asset managers, government entities, and other market participants.English fluency isrequired; French language skills are preferred, particularly to support Canadian clients and bilingual market opportunities.

We value accountability, teamwork, adaptability, and the ability to learn quickly. The successful candidate will contribute to commercial opportunities, support client adoption, and helpidentifyways our solutions can address credit risk, regulatory, analytical, and workflow needs.

Responsibilities and Impact:

Impact:

S&P Global Market Intelligence's Credit Specialist organization playsan important rolein supporting the firm's strategy of delivering integrated data, research, analytics, and workflow solutions to financial institutions, corporations, governments, and investment professionals globally.

The Credit & Risk Solutions Product Specialist will partner closely with Sales, Relationship Management, Product Management, and Client Success teams to support growth, retention, product adoption, and market development across the Credit Risk Solutions portfolio. This includes solutions such asRatingsDirect, Credit Companion, CreditMemo Builder, Credit Analytics,RiskGauge, Credit Assessment Scorecards, and related datasets and workflows.The individual will develop strongexpertiseacross the Credit and Risk Solutions offering and support client-facing engagements by explaining product capabilities, helpingidentifyclient needs, preparing demonstrations, and contributing to solution design.Therole requires a solid understanding of credit risk concepts and an ability to communicate effectively with both technical and non-technical audiences.

Responsibilities:

Commercial Support and Revenue Growth

  • Partner with Sales and Relationship Management teams to support new business, renewal, cross-sell, and upsell opportunities across North America.

  • Support discovery conversations with clients and prospects to better understand business needs, credit workflows, and potential use cases.

  • Contribute to solution-oriented sales engagements by preparing product demonstrations, client materials, and tailored value propositions.

  • Help position Credit and Risk Solutions in a way that aligns with clientobjectivesrelated to credit analysis, risk monitoring, portfolio management, regulatory requirements, and workflow efficiency.

  • Support commercial conversations by providing productexpertise,usecase examples, and relevant market context.

Subject Matter Expertise and Product Knowledge

  • Develop strong knowledge of the Credit Risk Solutions portfolio and related datasets, workflows, and analytical capabilities.

  • Deliver product demonstrations, client workshops, and internal training sessions.

  • Explain credit risk concepts, scoring outputs, ratings-related content, financial data, and workflow tools in a clear and practical manner.

  • Stay informed on relevant market trends across North America, including credit risk practices, private credit, financial institutions, corporate risk management, regulatory developments, and portfolio management workflows.

  • Support client conversations by connecting product capabilities toreal businesschallenges and market needs.

Solution Design and Client Advisory

  • Assistinidentifyingclient pain points and mapping themtoappropriate S&PGlobal Market Intelligence solutions.

  • Support the design of client workflows involving credit underwriting, portfolio monitoring, financial analysis, counterparty risk, procurement risk, treasury, and enterprise risk management.

  • Help develop business cases and value propositions that communicate the benefits of our solutions in a client-relevant way.

  • Partnerwith internalteams toprepare tailored demo environments, sample workflows, and client-facing materials.

  • Support proof-of-concept, trial, and adoption activities by helping clients understand how to use the solutions effectively.

Product Feedback and Market Intelligence

  • Gather and communicate client feedback to Product Management, Sales, and regional leadership teams.

  • Share insights on client needs, competitive dynamics, market trends, and product enhancement opportunities across North America.

  • Support product launches, go-to-market campaigns, and regional enablement initiatives.

  • Helpidentifyrecurring client needs that may inform product positioning, packaging, training, or commercialization efforts.

Collaboration and Internal Enablement

  • Work closely with Sales, Relationship Management, Product, Marketing, Client Success, and other Credit Specialist colleagues across the Americas.

  • Support internal enablement by sharing product knowledge, client use cases, and best practices with sales and commercial teams.

  • Contribute to team meetings, pipeline discussions, campaign planning, and account strategy sessions.

  • Collaborate with colleagues across regions to ensure consistency in messaging, demonstrations, and client engagement.

  • Support junior colleagues and peers through knowledge sharing, coaching, and collaboration, without formal people-management responsibilities.

Client Success and Adoption

  • Partner with Sales and Client Success teams to help clients increase usage, adoption, and value realization from Credit and Risk Solutions.

  • Support client training sessions, adoption reviews, and workflow discussions.

  • Helpidentifyopportunities to expand product usage within existing accounts.

  • Assistwith renewal support bydemonstratingvalue, addressing product questions, and reinforcing relevant use cases.

  • Promote a strongclientexperience by being responsive, prepared, andsolution-oriented.

Compensation/Benefits Information:

S&P Global statesthat the anticipated range of compensation for this position is $72,000.00 to $120,000.00. Final compensation for this role will be based on the individual's performance, geographic location, as well as experience level, skill set, training, licenses and certifications.

In addition to base compensation, this role is eligible for an annual incentive plan. This role is eligible to receiveadditionalS&P Global benefits. For more information on the benefits we provide to our employees, please click here

In accordance withOntario's new regulations effective January 1, 2026, this job posting provides information on expected compensation. S&P Global will not beutilizingartificial intelligence in our hiring process. Additionally, we are committed to transparency and will inform all interviewed candidates of hiring decisions within 45 days of their interview. This posting is for an existing vacancy, and we encourage you to reach out for further informationregardingour hiring practices or any questions you may have. Thank you for considering a career with us!

WhatWe'reLookingFor:

Basic Required Qualifications:

  • 5+ years of relevant experience in credit risk, financial markets, commercial banking, capital markets, investment management, market data, financial technology, consulting, product specialist, pre-sales, credit analysis, or solutions consulting roles.

  • Strong understanding of credit risk, financial statement analysis, credit scoring, ratings, counterparty risk, portfolio monitoring, and/or financial data workflows.

  • Willingness to travel as needed across the region,in accordance withcompany policy.

Additional PreferredQualifications:

  • ProficiencyinFrench is preferred, particularly for supporting Canadian clients and bilingual market opportunities.

  • Bachelor's degree in Business, Finance, Economics, Accounting, Commerce, Engineering, or a related fieldrequired; MBA,Master's in Finance, CFA, FRM, or equivalent professional certification is a plus.

  • Strong understanding of the North America market, including client needs across financial institutions, corporations, insurance companies, asset managers, and public-sector or government-related entities.

  • Highly collaborative team player with strong organizational skills and the ability to manage multiple priorities across clients, segments, and internal teams.

  • Intellectual curiosity, accountability, creativity, and willingness to learn new products, workflows, and market trends.

  • Independent and self-motivated, whileremainingaligned with team priorities and commercial goals.

  • Proficiencyin Microsoft Office, Salesforce, and market data/analytics platforms preferred.

About S&P Global Market Intelligence
At S&P Global Market Intelligence, a division of S&P Global we understand the importance of accurate, deep and insightful information. Our team of experts delivers unrivaled insights and leading data and technology solutions, partnering with customers to expand their perspective, operate with confidence, andmake decisions with conviction.
For more information, visit www.spglobal.com/marketintelligence.

What's In It For You?

Our Mission:

Advancing Essential Intelligence.

Our People:

We're more than 35,000 strong worldwide-so we're able to understand nuances while having a broad perspective. Our team is driven by curiosity and a shared belief that Essential Intelligence can help build a more prosperous future for us all.From finding new ways to measure sustainability to analyzing energy transition across the supply chain to building workflow solutions that make it easy to tap into insight and apply it. We are changing the way people see things and empowering them to make an impact on the world we live in. We're committed to a more equitable future and to helping our customers find new, sustainable ways of doing business. Join us and help create the critical insights that truly make a difference.

Our Values:

Integrity, Discovery, Partnership


Throughout our history, the world's leading organizations have relied on us for the Essential Intelligence they need to make confident decisions about the road ahead. We start with a foundation of integrity in all we do, bring a spirit of discovery to our work, and collaborate in close partnership with each other and our customers to achieve shared goals.
Benefits:

We take care of you, so you cantake care of business. We care about our people. That's why we provide everything you-and your career-need to thrive at S&P Global.
Our benefits include:

  • Health & Wellness: Health care coverage designed for the mind and body.

  • Flexible Downtime: Generous time off helps keep you energized for your time on.

  • Continuous Learning: Access a wealth of resources to grow your career and learn valuable new skills.

  • Invest in Your Future: Secure your financial future through competitive pay, retirement planning, a continuing education program with a company-matched student loan contribution, and financial wellness programs.

  • Family Friendly Perks: It's not just about you. S&P Global has perks for your partners and little ones, too, with some best-in class benefits for families.

  • Beyond the Basics: From retail discounts to referral incentive awards-small perks can make a big difference.

For more information on benefits by country visit: https://spgbenefits.com/benefit-summaries

Global Hiring and Opportunity at S&P Global:

At S&P Global, we are committed to fostering a connected andengaged workplace where all individuals have access to opportunities based on their skills, experience, and contributions. Our hiring practices emphasize fairness, transparency, and merit, ensuring that we attract and retain top talent. By valuing different perspectives and promoting a culture of respect and collaboration, we drive innovation and power global markets.

Recruitment Fraud Alert:

If you receive an email from a spglobalind.com domain or any other regionally based domains, it is a scam and should be reported toreportfraud@spglobal.com. S&P Global never requires any candidate to pay money for job applications, interviews, offer letters, "pre-employment tra...


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