Freelance Credit Risk Modeling Jobs in Toronto, ON

Build the future with us

Are you driven by credit risk oversight and the opportunity to help ensure that risk exposure is identified, measured, monitored, and controlled in accordance with regulatory requirements and internal policies? As a Senior Advisor, Credit Risk Oversight, you will play a key role in developing, implementing, and maintaining the credit risk management framework, including the oversight of credit underwriting and adjudication processes.

This is a great opportunity to leverage your expertise in credit risk, analytics, reporting, and risk quantification while collaborating with stakeholders across the organization. This position reports to the Director, Financial Risk Oversight, and is part of the Group Risk Management and Compliance team.

What you'll accomplish with us

As a Senior Advisor, Credit Risk Oversight, you will be at the heart of our mission. Your main responsibilities will include:

• Develop and update credit risk policies and guidelines to ensure compliance with regulatory requirements and industry best practices.
• Oversee credit underwriting and adjudication processes by measuring, monitoring, and reporting iA's credit risk exposures.
• Ensure the accurate interpretation and application of credit risk policies and guidelines.
• Assess credit applications and structures from lending units and provide recommendations to senior management.
• Develop and monitor lending activities using out-of-order, impaired, and watch list credits, and escalate as needed.
• Help minimize credit loss experience through sound lending practices, implementation of policies and guidelines, and early identification of deteriorating credit situations.
• Prepare quarterly financial risk reports for senior management and the Board of Directors.
• Develop and maintain organizational financial risk indicators and limits.
• Contribute to credit risk quantification initiatives, including PD, LGD and EAD models, the Internal Capital Model process, ORSA process and Stress Testing Program.

What could accelerate your success in this role

We are looking for someone who:

• Holds a bachelor's degree in Finance, Economics, Business Administration, or a related field.
• Has a master's degree or professional certification such as CFA or FRM, which would be considered an asset.
• Has a minimum of 8 years of recent experience in credit risk.
• Has experience with credit adjudication on loan portfolios.
• Demonstrates exceptional analytical and problem-solving skills.
• Demonstrates the ability to influence senior management and exercise sound judgment.
• Has strong communication, interpersonal, and report-writing skills.
• Has sound knowledge of IFRS 9 and its application, which would be considered an asset.
• Level of advanced English language proficiency required, as the incumbent will be required to communicate daily with English-speaking clients and partners across Canada through email and telephone conversations.
• Intermediate French language proficiency required.

Why you'll love working with us

• A work environment where learning and development are combined with a shared pursuit of excellence.
• Artificial intelligence in everyone's hands, helping increase personal efficiency and support organizational growth.
• A healthy, safe, equitable, and inclusive environment where potential can be expressed and developed freely.
• The opportunity to work in a hybrid work environment, with 2 days required in the office, supported by flexibility and access to inspiring and innovative workspaces.

Competitive benefits

• Flexible group insurance.
• Competitive pension plan.
• Share purchase plan.
• Vacation plan, wellness days, and personal development days.
• Telemedicine.
• Employee and family assistance program.
• Ergonomic furniture program.
• Performance bonus.
• Discounts on iA products and more.

Apply now and take the lead in your career, where your talent truly counts!

Hesitating to apply?

At iA, we believe in potential and value the diversity of experiences. If this role inspires you, dare to apply - your place may be with us, and we want to get to know you.

The typical hiring range for this position is between CAD 120 000$ and $150 000$; the base salary may vary depending on knowledge, skills, years of experience, and internal equity. In addition to base compensation, this role may be eligible for a corporate bonus program and a comprehensive benefits package, including group insurance, a retirement savings plan, flexible time off, and wellness programs.

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iA Financial Group

iA Financial Group* is the strength of a company with a human side, with its over 8,000 employees. Together, we have earned the trust of our more than four million clients and 25,000 advisors who have chosen us for their insurance, savings, and wealth management.

With over $200 billion in assets and half a billion invested in technological innovation, we're a key player in the financial services industry in Canada and the United States. The secret to our success? Investing in you, one person at a time. Because, for over 125 years, we have believed that it's by supporting our employees and surrounding ourselves with the most reputable leaders in the industry, we will continue to innovate.

At iA, we're invested in you.

At iA Financial Group, we support and celebrate diversity. We strive to provide a workplace that is recognized as inclusive for all, regardless of ethnic origin, nationality, language, religious beliefs, gender, sexual orientation, age, marital status, family situation, or physical or mental disability.

Please note that if you need help or assistance to make the recruitment process more accessible for you, please Contact us here. Someone from our team will be happy to assist you with your needs.