Head cashier Jobs in Old toronto, ON

MANDATE / PURPOSE

Assist Senior Management in effectively managing all aspects of the Risk department

Lead the Risk department in its primary function of providing independent and effective risk oversight of the Branch

Provide independent risk evaluation, credit administration to loan documentation, special assets and credit portfolio management, operational risk reviews, and timely market risk analysis and management

Monitor and oversee all the lending activities and execution of the risk management of the Branch

• Develop and maintain the Branch’s risk appetite, the risk management framework in line with current HO framework and regulatory requirements consisting of policies, standards, guidelines and procedures for risks associated with credit, market, operational, reputational, regulatory, country, etc

Create and maintain risk related policies and procedures, and Branch risk practices such as the Risk Control Self-Assessment (RCSA) programme and other control and risk reporting mechanisms

KEY TASKS

Liaise and communicate with, and report to HO on departmental matters ensuring HO requests are met, subject to local laws and regulations, as directed by Senior Management

Review and update existing as well as draft new department policies and procedures ensuring compliance with current local laws and regulations and changes from HO policies and procedures

Serve in accordance with Branch succession plans, participation and active involvement in MC, RICC, CC, Compliance Committee, and other bank meetings where required

Maintain current knowledge regarding global and local accounting and regulatory authorities and related risk management guidelines and directives including but not limited to BASEL, IFRS and OSFI

LIMITS AND AUTHORITIES

Credit limit and or related signing authorities awarded as per HO Credit Approval Authority Delegation Letter

JOB SPECIFICATIONS

EDUCATION

Undergraduate degree, preferably in accounting, finance or banking

MBA, CS or CFA an asset

REQUIRED EXPERIENCE

Minimum of 15 years of banking / finance experience within all aspects of risk management, finance, commercial and corporate, capital markets products

Local credit approval / analysis experience in corporate banking

Extensive knowledge of financial products and services, and related regulatory issues, with familiarity of current Canadian financial institutions regulatory requirements

SKILLS AND ABILITIES

Strong oral and written communication, reporting, and presentation skills in English; Mandarin and simplified Chinese an asset

Familiarity with PC based applications with a solid working knowledge of Microsoft Office Suite (Word, Excel, Powerpoint, Access) with working skills in report development and data processing using VBA / Excel / Access and relational databases (SQL Server, Access) and strong SQL programming skills

Advanced training in financial risk analysis and strong understanding of Third Party Risk Analytical software, such as Kamakura, with knowledge of PD, LGD, AD, VaR, other key risk analytical points, and how they are determined and calculated