Vice President, Credit Risk Management

IO's Finance, Technology, and Lending Enterprise Team ensures that IO is a financially efficient and effectively managed organization and that the agency's finances are monitored, reported, and managed appropriately.

The team also manages the infrastructure lending program, which has supported more than $19 billion in local infrastructure development, and IO's Information Technology and Business Services, providing tools and systems to ensure secure, effective, and efficient operations.

Infrastructure Ontario delivers some of the most complex, ambitions commercial solutions for the Province - through partnerships with multiple levels of government and an expanding array of private sector partners, the agency continues to evolve and expand its capabilities to maximize its public impact and deliver on its vision of Creating a Connected, Modern and Competitive Ontario.

As Vice President, Credit Risk Management at Infrastructure Ontario (IO), you will lead our efforts in managing credit risks, ensuring the financial efficiency and sustainability of our organization.

Your role will involve overseeing the Credit Risk Management framework, enhancing policies, conducting credit analysis, and managing relationships with key internal partners.

Join us in our mission to create a connected, modern, and competitive Ontario.

What You Will Do :

• Establish and oversee the Credit Risk Management framework governing loan approval and monitoring processes.
• Enhance policies and guidelines for credit review and approval.
• Conduct thorough credit analysis and provide recommendations for loan approvals.
• Manage credit risk committees and ensure timely processing of loan applications.
• Develop internal expertise in credit risk management to support IO's goals.
• Build and lead a team dedicated to delivering high-quality service to internal and external stakeholders.
• Manage staff, including hiring, performance management, and career development.
• Develop systems and processes for effective and rewarding work environments.

Who We're Looking For :

• Before reviewing the qualifications listed below, we want you to know that we understand you may not meet all the qualifications described, but still encourage you to apply, as you may have other relevant expertise and experience that you can bring to the role.
• University degree in Finance, Business, Accounting, Economics, or related field; MBA or advanced degree preferred.
• Minimum 10 years of relevant experience in corporate finance, treasury, or related areas.
• Demonstrated leadership experience, with at least 7 years in credit risk management or banking operations.
• Strong knowledge of financial / capital markets products and portfolio management.
• Experience in negotiating strategically and building positive relationships.
• Ability to analyze business models and risks, conduct detailed examination and interpretation of data, and assess ratios.
• Exceptional communication, presentation, and negotiation skills.
• Customer-focused attitude with attention to detail and ability to thrive in a fast-paced environment.

What We Offer :

• A commitment to creating a diverse, equitable, and inclusive culture.
• A flexible, hybrid work approach that balances professional and personal life.
• Comprehensive health, dental, vision, out-of-country care and paramedical services.
• Access to a suite of virtual healthcare services for non-urgent medical needs.
• Pregnancy and parental leave program : Expecting, eligible employees receive a top-up to 95% of their annual base salary for 31 weeks during parental leave.
• A defined contribution pension plan, with IO contributing 5% of a full-time employee's annual salary and an option for additional matching contributions.
• $2,500 Healthcare Spending Account to cover expenses not included in the benefits program. Lifestyle Account : Eligibility for gym memberships, fitness equipment, nutrition counseling, and financial planning.
• Professional development opportunities with a broad range of learning programs, including in-person and online training.

Leadership development and well-being support.

• IO covers costs for up to two membership and license fees per year if directly related to your role.
• Convenient central location at 1 Dundas St West, accessible by public transit.

$145,500 - $218,200 a year

We offer a competitive salary range of $$145,500 to $218,200 (M4 level), pay will align with skills, knowledge and experience of the candidate.

This posting will close on Monday July 1, 2024 at 11 : 59 PM .

At Infrastructure Ontario, we strive to create a culture that encourages a diverse equitable and inclusive environment that fosters belonging.

We believe that experience comes in many forms and through learning from each others' differences and perspectives gives us strength.

We are committed to enhancing our culture and encourage applications from all walks of life. Let us know if you require any accommodations for the selection process, by contacting the Talent Acquisition Team.

Candidates who are members of Indigenous, Black, racialized and 2SLGBTQ+ communities, persons with disabilities, and other equity deserving groups are encouraged to apply, and their lived experience will be taken into consideration as applicable to the posted position.

By submitting your application you are granting Infrastructure Ontario permission to process your personal data during the recruitment process and for keeping records of the process.

Infrastructure Ontario may share your personal data internally to appropriate persons involved in the recruitment process and to third parties where there is an administrative or lawful basis for doing so.

Provided that Infrastructure Ontario does not have any lawful reason to continue processing your personal data, you may make a formal request to rectify, erase or restrict (the processing of) your personal data.

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