Scope of Position
Under the direction of the Director, Enterprise Risk, the Manager, Commercial Credit and Enterprise Risk manages the credit risk program for the commercial arm of Alterna Savings and its subsidiary, Alterna Bank. The Manager, Commercial Credit and Enterprise Risk also develops, recommends changes and maintains Board and management policies for Commercial Credit.
The Manager, Commercial Credit and Enterprise Risk provides leadership and guidance to achieve a balanced approach in assessing and managing commercial credit risk within Alterna and ensuring effective use of Alterna's resources. The incumbent also provides related advice and/or coaching to commercial lenders and management of the real estate, small and medium business, agricultural, and micro-finance lending areas.
In partnership with Commercial Services management, the Manager, Commercial Credit and Enterprise Risk monitors lender compliance with policies and procedures through the Credit Assessment process and recommends actions to be taken to improve compliance levels as required. This position has a major impact on the achievement of corporate commercial lending quality objectives as well as the organization's ability to profitably grow its credit portfolio.
Major Responsibilities
Expectations / Outcomes
Qualifications
Education / Certifications / Experience
About Alterna Savings
Alterna Savings and Credit Union Limited (Alterna) has been the Good in Banking™ for over 115 years creating financial services that transform lives for the better, all while giving back to our community. Alterna is made up of Alterna Savings and Credit Union Limited and its wholly owned subsidiary, Alterna Bank.
As the first full-service, member-owned cooperative financial institution outside Quebec, Alterna Savings shares its expertise with over 210,000 members through a network of over 40 branches across Ontario, as well as call centre and digital channels. Members and customers also benefit from an industry-leading online brokerage and investment management services.
Working at Alterna
We are incredibly proud of our corporate culture of Integrity, Respect and Collaboration, where everyone works together towards a common goal; the financial wellbeing of our employees, members and customers. This commitment has earned us several prestigious employer awards, including the National Capital Region's Top Employers award for eight years running.
* Although we appreciate all applicants, preference will be given to candidates who most closely meet the qualifications, key skills, and competencies outlined above.
* Alterna is compliant with the Ontarians with Disabilities Act. If you have a disability, please contact our Recruitment Team and let us know how we can accommodate you.