Analyst, Credit Risk Management

Position Summary

The Analyst, Credit Risk Management will play a prominent role in the Credit Risk Management (CRM) group’s responsibility to develop, modify, and provide credit risk oversight through partnership with subject matter experts across the organization. This role will focus on ensuring the risk appetite, proper controls, accountabilities, and authorities are clear and concise and aligned with the risk statements provided by management and the Manulife Board.

Position Responsibilities

Help maintain the Credit Risk Framework for the General Account Business:

• Aid in the development and maintenance of the organization’s credit risk framework (i.e. investment guidelines, policies, procedures, documentation, limits, rating methodologies, risk committee mandates, etc.) on a timely basis.
• Support the credit function and framework in conjunction with portfolio growth. General Account invested assets include: fixed income, commercial mortgages, public equities and alternative long-duration assets (i.e., real estate and other invested assets).
• Identify and eliminate gaps in the current state of policies and procedural documentation.
• Research, share and implement credit risk management best practices.

Support the growth of the General Account portfolio in Asia:

• Maintain oversight of credit and credit-related products that impact the Asia business (for example, investments in Sovereign Owned Entities and regional and local governments).
• Assist with the review and update of investment guidelines/investment policies for the various Asian subsidiaries.
• Oversee the growth of the General Account portfolio and any investment shifts within the various Asian jurisdictions (for example, ongoing shift from government to corporate bonds).

Conduct Portfolio Data Analysis

• Undertake ongoing General Account portfolio data analysis and its presentation (using PowerPoint, dashboards, Power BI reports, etc.).
• Conduct ad hoc data analysis and summary upon request.

Complete various ad-hoc projects as required and assist with the day-to-day activities performed by CRM:

• Participate in joint Credit Risk/Financial Risk/IT Management projects, to develop reports and analysis for Senior Management.
• Assist in the preparation of the Credit Committee (CC) materials (such as agenda and minutes), review material submitted and assist in the timely circulation of CC material packages to CC members.
• Provide support with special requests from OSFI, credit rating agencies, Senior Management, etc.

Required Qualifications

• Degree in business, economics, or related discipline
• Working knowledge of MS Office (Excel, PowerPoint, Word, Access) and PowerApps
• Programming skills (SQL or Python)
• Strong communication skills (oral and written), as well as solid presentation skills; collaborative approach and strong interpersonal skills
• Ability to summarize a large amount of information into concise reports and presentations for senior management
• Excellent technical, analytical and problem-solving skills; ability to deal with large amounts of information and to summarize effectively
• Strong prioritization skills and ability to multitask in a fast-paced environment
• Understanding of finance and accounting principles.
• Ability to understand a wide variety of complicated investment products.
• Bilingualism (English and French) is a strong asset. If the successful candidate is in Québec, proficiency in both languages will be required to support clients from various provinces outside of Quebec.

When You Join Our Team

We’ll empower you to learn and grow the career you want. We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words. As part of our global team, we’ll support you in shaping the future you want to see.

Key skills/competency

• Credit Risk Management
• Risk Framework Development
• Portfolio Data Analysis
• Investment Guidelines
• Regulatory Oversight
• Financial Services
• SQL & Python
• Power BI Reporting
• Stakeholder Partnership
• Policy Documentation