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Credit Risk Manager Jobs in Winnipeg, MB (NOW HIRING)

National Bank

Manager Financing Solutions

Winnipeg, MB · Hybrid

Negotiate credit terms and conditions with the Credit Risk Management as needed and confirm the availability of financing for the Commercial Account Manager. Obtain comments from the Account Managers ...

Td

Credit Analyst

Winnipeg, MB · On-site

CA$77K - CA$109K/yr

Credit Management Pay Details: $77,500 - $109,400 CAD TD is committed to providing fair and ... manage risks, and escalate non-standard, high risk transactions / activities as necessary

BMO Capital Markets

Personal Banker

Winnipeg, MB · Hybrid

Applies the risk management framework to the portfolio to protect the Bank's assets and maintain ... Makes credit recommendations for personal lending transactions, including home financing, in ...

CIBC US

Market Leader, Private Banking

Winnipeg, MB · On-site

Manage Portfolio Performance- Ensure quality of account portfolio by performing risk assessment and ... credit, commercial banking, international private banking, and 3 years' financial services ...

CIBC

Market Leader, Private Banking

Winnipeg, MB · On-site

Manage Portfolio Performance- Ensure quality of account portfolio by performing risk assessment and ... credit, commercial banking, international private banking, and 3 years' financial services ...

All JobsCredit Risk JobsCredit Risk Manager JobsCredit Risk Manager Jobs in Winnipeg, MB

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 Winnipeg, MB look for? The top searched job categories for Credit Risk Manager jobs in Winnipeg, MB are:
Credit Risk Manager jobs near you
Infographic showing various Credit Risk Manager job openings in Winnipeg, MB 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.

Senior Credit Risk Analyst, ERM (Full-Time Temporary Contract) | Great West

The Canada Life Assurance Company

Winnipeg, MB • On-site

CA$96K - CA$146K/yr

Full-time, Temporary

Medical, Dental, Life, Retirement

Posted 8 days ago

Job description

Temporary Full Time

A unique opportunity in our global Financial Risk Management (FRM) team to analyze credit risk on fixed income holdings and to also analyze risks on other investments to develop guidance and risk advice for senior stakeholders. 

Great-West Lifeco is a Canadian headquartered, international financial services holding company with interests in life insurance, health insurance, retirement and investment services, asset management and reinsurance businesses.  We operate in Canada, the US, the UK and Europe under the brands Canada Life, Empower Retirement, and Irish Life.  Our companies have over 30,000 employees, 100,000+ advisor relationships, and thousands of distribution partners - all serving our more than 40 million customer relationships across these regions.

The team

The Financial Risk Management team provides independent advice to senior management and the Board of Directors, and helps to support the oversight of market, credit and liquidity risks, and investment strategies across our group of companies.  We operate as a central function, in a global team across UK, Ireland and Canada. Our team is fast-growing and dynamic, enabling you to draw upon a diverse range of knowledge, experience and skills.  We will continually encourage you to develop and excel in all areas of your role.

 

What you will do: 

  • Independently reviewing internal bond credit ratings and alternative investments on new and existing transactions for approval by the AVP, Credit Adjudication.  Communicate results of the work to risk committees to compliment the risk oversight process.
  • Evaluate the risk rating of proposed new commercial mortgages and bonds to assess whether the current assessment is appropriate and accurate, and the investments are suitable for the portfolio.
  • Support Risk Function with development of effective processes for the identification, assessment, management, monitoring and reporting of credit risks across the Company.  This includes streamlining the credit review process and creating efficiencies through automation.
  • Enhancing and testing existing internal rating models to ensure they appropriately evaluate risks and support business objectives
  • Performing independent research on credit risk rating trends and keeping up to date on external credit rating agency's developments
  • Collaborating in various internal projects as well as the day-to-day activities performed by the Financial Risk team

What you will bring:

  • Undergraduate degree in Business Administration, Accountant, other relevant degrees or a relevant professional body risk qualification.
  • Certified Financial Analyst (CFA) and/or Financial Risk Manager (FRM) designations, or progress towards either of these designations is an asset
  • Minimum of 5 years of work experience including credit rating analysis 
  • Proactive and self-directed with demonstrated history of creating process efficiencies/automation (basic understanding of programming/AI concepts or experience leveraging AI is a plus)
  • Experience in the understanding of finance and accounting principles
  • Knowledge or interest in financial risk management and investments.  Experience with alternative investments (private credit, private equity, real estate, etc.) or reinsurance is an asset.
  • Superior analytical and problem-solving skills
  • Keen eye for detail and strong analytical and problem-solving skills
  • Effective communication skills
  • Technically proficient in Microsoft Office suite, Bloomberg and S&P CapIQ

 What's in it for you?

  • Rapidly develop your problem solving, relationship-building and communication skills
  • Work on challenging and innovative projects in a dynamic, collaborative and fast-growing team

The base salary for this position is between $96,200.00 - $146,200.00 annually. This represents base salary only and does not represent other variable compensation components of our total compensation ( i.e. annual bonus, commission etc). If you are selected to move forward in our recruitment process, your recruiter will be able to discuss additional details of our total rewards program with you.

Career opportunities will be open a minimum of 5 business days from the date of posting, closing dates will vary depending on the search activity. All applications received will be reviewed on a rolling basis.

Grow with Great-West Lifeco

Great-West Lifeco Inc is a Canadian headquarter, international financial services holding company with interests in life insurance, health insurance, retirement and investment services, asset management, and reinsurance businesses. We operate in Canada, the United States, and Europe under the brands: Canada Life, Empower and Irish Life. At the end of 2024, our companies had over 32,250 employees, 106,000 advisor relationships, and thousands of distribution partners - serving approximately 40 million customer relationships.

Great-West Lifeco trades on the Toronto Stock Exchange (TSX) under the ticker symbol GWO and is a member of the Power Corporation group of companies.

What we offer:  

We're committed to supporting our employees through every stage of their career. Here's what you can expect as a full-time or part-time permanent team member: 

Career Development: Opportunities for career advancement, access to industry-leading learning programs and up to$2,000 annually towards education reimbursement. 

Health & Wellness:Flexible health and dental benefits, plus a $5,000 mental health benefit to support your well-being. 

Time Off:In addition to regular vacation and personal days, we support community involvement with a volunteer day. 

Financial Security:Company-matching pension plan,share ownership program and additionalinvestment options. 

Rewards and Recognition: Employee recognition programs, service milestone celebrations, employee discounts and more!  

Emphasis on Community: We provide a workplace where employees feel connected and supported through Employee Resource Groups (ERGs), mentorship programs, social clubs and events.  

Learn more about Great-West Lifeco.  

We're committed to removing barriers and ensuring equal access to employment. Applicants requiring reasonable accommodation during the application process may contact  talentacquisitioncanada@canadalife.com. All information provided will be handled in accordance with applicable laws and Great-West Lifeco policies.  

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