Director, Trading Credit Risk

Location: Toronto, Canada; hybrid arrangement with 2–3 days per week on-site at 161 Bay St.

Company

A relationship-oriented bank providing corporate and private credit, financial markets, and banking services.

What you will do

• Manage a portfolio of non-bank financial institutions, including funds, insurance companies, and finance companies across Canada, the US, and Europe.
• Focus on fund finance, including capital call or subscription lending and NAV-based facilities.
• Partner with Corporate & Commercial Banking deal teams to understand requirements and structure credit facilities.
• Adjudicate and authorize new, increased, renewed, or amended credits within delegated lending limits.
• Prepare portfolio-wide and transaction-specific analyses, recommendations, and strategies for senior leaders.
• Provide subject-matter expertise on policies and programs related to financial institutions, lending facilities, and trading credit transactions.

Requirements

• At least 5 years of experience in trading credit risk, including credit risk frameworks, counterparty exposure, and risk oversight in a trading environment.
• Experience assessing financial statements and credit risks, particularly in fund finance lending.
• Knowledge of trading room products, including derivatives, financing products, foreign exchange, interest rates, equity financing, and complex lending structures.
• Experience managing large corporate credit deals and applying credit risk rating methodologies.
• Strong analytical, critical-thinking, decision-making, oral, and written communication skills.
• Advanced Excel and Microsoft Office skills; legal eligibility to work at the specified Canadian location is required.

Culture & Benefits

• Hybrid work arrangement with flexibility to manage work activities.
• Competitive salary, incentive pay, banking benefits, and a benefits program.
• Defined benefit pension plan, employee share purchase plan, vacation, and wellbeing support.
• Professional growth opportunities, including a paid Purpose Day for learning and development.
• Inclusive workplace with accessible candidate support and recognition programs.

Hiring process

• The process may include an attribute-based assessment and skills testing.
• Additional assessments may include simulations or French proficiency testing.
• Artificial intelligence tools may be used during recruitment.