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Credit Risk Analysis Manager in Toronto, ON

Credit Risk Analysis Manager Job Description

A Credit Risk Analysis Manager in Canada plays a critical role in evaluating and mitigating financial risk. This position requires at least five years of experience working as an analyst, coupled with advanced Excel and data analytic software skills. Companies seek candidates who possess an in-depth understanding of statistics and their practical application in risk modeling and assessment. A proven ability to explain complex subjects clearly, alongside strong presentation and supervisory experience, are also critical. A bachelor’s degree in finance, economics, statistics, mathematics, or a related field is required. This role is essential for ensuring robust credit portfolios and supporting sound lending decisions within the Canadian financial landscape.

Typical credit risk analysis manager duties:

Lead and oversee the credit risk analysis team, providing guidance and mentorship.Conduct advanced statistical analysis and modeling to assess credit risk.Develop and implement risk assessment methodologies and tools.Prepare and present complex risk reports and insights to senior management and stakeholders.Ensure compliance with internal risk policies and Canadian regulatory requirements.Collaborate with lending, sales, and product teams on risk-related matters.Manage and optimize data analytics processes for credit risk identification.Stay current with industry best practices and emerging credit risk trends in Canada.

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Salary for Credit Risk Analysis Manager in Toronto, ON
98564 - 123074
Low
98564
The candidate is new to the role or has limited experience and is building necessary skills.
Mid
109254
The candidate has moderate experience in the role, meets most requirements or has equivalent transferrable skills, and may also have relevant certifications.
High
123074
The candidate has extensive experience and advanced skills for the role, and may also have specialized certifications.
Projected salaries for related positions Job title Low Mid High Chief Risk Officer – Financial Services 212251 253971 283957 Regulatory Reporting Manager 108733 127768 141327 Operational Risk Analysis Manager 101432 120727 138198 Operational Risk Analyst 83440 95174 110037 Market Risk Analysis Manager 93609 108211 124899 Market Risk Analyst 77182 88916 102214 Credit Risk Analyst 76661 92045 104300 Hedge Fund Accountant 70142 83701 92566 Senior Fund Operations Specialist 71967 87351 99346 Fund Operations Specialist 55018 67534 83962 Anti-Money Laundering (AML) Specialist 67795 83701 95435 Fraud Investigator 59190 74314 84483 Mutual Fund Accountant 59712 65970 75096

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Our starting salary projections come from a rigorous, multistep process so that our numbers accurately reflect the marketplace. They are based on actual compensation for professionals Robert Half has matched with employers across the country and third-party job posting data from Textkernel that we use to independently validate the salary levels. Starting compensation—pay for someone new to a role—can vary significantly based on a candidate’s skills, experience and certifications, as well as other factors including industry, company size and revenue, and demand for the role. To reflect this variability, we report our salary data in three levels: low, mid and high.