Deputy Head, Credit Risk Management

Our client, a well-established financial institution, is seeking an experienced Deputy Head, Credit Risk Management to support the leadership of its Credit Risk function. This role will be responsible for overseeing credit underwriting, approval, and monitoring processes while ensuring that all lending activities align with the bank’s Risk Appetite Framework, internal credit policies, and applicable regulatory requirements.
The successful candidate will lead a team of credit analysts and reviewers, conduct complex credit evaluations, and help shape credit policies and portfolio strategies that balance risk and return. This position also plays a key role in regulatory interactions and will act as the second-in-command within the Credit Risk Management Department, stepping in for the Head of the department when required.


Advantages
•Opportunity to take on a senior leadership role within the Credit Risk Management function
•Direct involvement in strategic credit decision-making and portfolio oversight
•Exposure to diverse lending portfolios, including sectors such as commercial real estate, energy, transportation, and syndicated loans
•Collaborative leadership role overseeing and mentoring a team of credit professionals
•Opportunity to contribute to credit policy development, regulatory engagement, and risk governance initiatives


Responsibilities
Credit Review
•Conduct comprehensive credit reviews and due diligence on new and existing credit facilities to evaluate creditworthiness and mitigate risk exposure
•Review credit analysts’ assessments, recommendations, and supporting documentation
•Analyze financial statements, borrower credit histories, and industry trends to support sound lending decisions

Portfolio Management
•Oversee the bank’s credit portfolio and monitor risk concentrations, exposure limits, and overall portfolio performance
•Identify potential risks within the portfolio and implement strategies to optimize the risk-return profile
•Ensure credit portfolio management practices align with regulatory expectations and internal risk guidelines

Policy and Procedure Development
•Develop, review, and enhance credit policies and procedures to ensure alignment with regulatory standards and industry best practices
•Ensure all credit-related activities are conducted in accordance with established policies and internal controls

Regulatory Compliance and Communications
•Support the preparation for regulatory audits, reviews, and inspections relating to credit operations
•Act as a key point of contact with regulators and provide timely responses to regulatory inquiries
•Ensure adherence to regulatory frameworks such as Basel III, IFRS 9, and applicable banking regulations

Team Management
•Lead and manage a team of credit analysts and reviewers, providing mentorship, coaching, and performance management
•Promote a collaborative team culture focused on strong credit discipline and professional development
•Ensure the delivery of high-quality credit analysis and risk assessments across the team

Ad Hoc Initiatives
•Support strategic initiatives, process improvements, and special projects assigned by senior leadership
•Act as the backup to the Head of Credit Risk Management and assume departmental leadership responsibilities during their absence


Qualifications
•Bachelor’s or Master’s degree in Finance, Accounting, Economics, or a related field
•Minimum 10 years of experience in credit review, loan underwriting, or risk management within a large banking environment
•Strong experience across multiple sectors such as commercial real estate, mining and energy, transportation, wholesale banking, or syndicated lending preferred
•Strong expertise in financial statement analysis, credit risk assessment, and lending principles
•Solid understanding of regulatory frameworks including Basel III, IFRS 9, and relevant banking regulations
•Excellent analytical, problem-solving, and decision-making abilities
•High level of attention to detail and strong risk awareness
•Strong communication and stakeholder management skills
•Ability to work effectively in a fast-paced environment and make sound credit decisions under pressure
•Excellent verbal and written communication skills in English
•Fluency in Chinese is considered an asset


Summary
This is an excellent opportunity for a senior credit risk professional to take on a leadership role within a dynamic banking environment. The Deputy Head of Credit Risk Management will play a critical role in maintaining the strength and quality of the bank’s credit portfolio while guiding credit teams, enhancing policies, and ensuring regulatory compliance.
Our client is seeking a strategic and experienced professional who can balance rigorous credit risk oversight with strong leadership and regulatory awareness.


Randstad Canada is committed to fostering a workforce reflective of all peoples of Canada. As a result, we are committed to developing and implementing strategies to increase the equity, diversity and inclusion within the workplace by examining our internal policies, practices, and systems throughout the entire lifecycle of our workforce, including its recruitment, retention and advancement for all employees. In addition to our deep commitment to respecting human rights, we are dedicated to positive actions to affect change to ensure everyone has full participation in the workforce free from any barriers, systemic or otherwise, especially equity-seeking groups who are usually underrepresented in Canada's workforce, including those who identify as women or non-binary/gender non-conforming; Indigenous or Aboriginal Peoples; persons with disabilities (visible or invisible) and; members of visible minorities, racialized groups and the LGBTQ2+ community.

Randstad Canada is committed to creating and maintaining an inclusive and accessible workplace for all its candidates and employees by supporting their accessibility and accommodation needs throughout the employment lifecycle. We ask that all job applications please identify any accommodation requirements by sending an email to accessibility@randstad.ca to ensure their ability to fully participate in the interview process.