Senior Manager, Corporate Commercial Credit

Your Moneris Career - The Opportunity As the Senior Manager, Corporate-Commercial Credit, you will lead a team of Senior Credit Analysts responsible for managing Moneris’ commercial credit risk portfolio, including Large Key Accounts (LAKA), Strategic Partners, and higher-risk Small and Medium Business (SMB) clients. You will oversee underwriting, portfolio monitoring, and risk mitigation activities that support business growth while maintaining risk within established appetite. Partnering with leaders across the organization, you will leverage data, analytics, and industry insights to guide risk-based decision‑making, strengthen portfolio performance, and enhance Moneris’ credit risk framework.
Location:
You will be based in our Etobicoke office, balancing in‑office collaboration with remote flexibility.
Reporting Relationship:
You will report to the VP, Merchant Portfolio Risk Management.
Posting Type:
Replacement.
Salary Range:
The expected base salary range for this role is $132,000 - $172,000. Total compensation may also include variable or discretionary incentive components, including but not limited to bonuses and commissions. Individual job offers are determined by various factors, including experience, education, skills, certifications, and other business needs.What you’ll do
Lead the Corporate-Commercial credit team to ensure portfolio performance remains within established risk appetite and key metrics, including portfolio growth, attrition, concentration, distribution trends, and loss provisions. Lead, develop, and coach a team of Senior Credit Analysts, providing performance management, development opportunities, and guidance on complex credit decisions and risk assessments. Identify and remove obstacles to performance and explain how performance expectations align with business priorities. Ensure the team decisions within policies, standards, guidelines and is applying risk judgement across the controls Manage service levels for the deals, renewals pipeline within credit risk-appetite and performance targets. Ensure the controls remain adequate within the 3LODs -lines of defense. Execute as an approver for management $ limits and delegate $ limit approval authority across the team. Be the first contact for escalation and lead deal flow execution, ensuring timely adjudication, removing pipeline bottlenecks, and enabling efficient decision-making to support revenue realization. Apply credit risk models, data analytics, external risk indicators, and industry best practices to support underwriting decisions and portfolio oversight. Monitor economic conditions, industry trends, and emerging risks, and implement appropriate mitigation strategies to address potential portfolio impacts. Oversee collateral management, high-risk industry reviews, risk rating methodologies, and counterparty credit assessments using tools such as FRISK, Moody’s KMV, S&P Capital IQ, and proprietary risk models. Enhance credit risk processes, controls, and governance practices that support the identification, assessment, monitoring, and management of portfolio risk. Partner with LAKA Sales, Strategic Partners, and ISO channels to structure credit solutions, negotiate underwriting terms, and support business growth while maintaining sound risk management practices. Manage relationships with Moneris’ largest and most strategically important clients, negotiating credit arrangements, security structures, and covenant requirements. Execute outmost professionalism with clients-partners on all aspects of Moneris’ risk oversight program to fit risk appetite while maintaining a competitive market approach. Negotiate with client C-suite level to structure and negotiate appropriate Credit terms and agreement conditions to win new business and maintain competitive market practice-risk appetite. Collaborate with Audit, Legal, Payment Card Schemes, and risk management partners to strengthen controls, address regulatory changes, and support enterprise risk management objectives. Maintain and evolve reporting and insights on portfolio performance, key risk indicators (KRIs), key performance indicators (KPIs), and emerging risks to Credit Risk leadership and the Audit and Risk Review Committee (ARRC). Contribute to enterprise initiatives and change programs to ensure credit risk requirements are incorporated into business and technology strategies.What you bring
Bachelor’s degree in Finance, Business Administration, Economics, or equivalent professional experience.Professional designation in good standing such as CPA, CFA, CCP, FCSI, or another CSI Institute designation.8-10 years of experience in credit risk management within financial services, banking, or payments.8-10 years of experience in financial statement analysis, audit, restructuring, workout, or insolvency management.5+ years of people leadership experience within a credit risk function.Advanced knowledge of data analytics, statistics, Excel, SPSS, SQL, and MATLAB.Experience developing and implementing credit risk strategies, portfolio management initiatives, and risk appetite frameworks.Experience managing complex client relationships and negotiating corporate-commercial credit terms, mitigation and financial covenants.Experience presenting portfolio risk assessments, credit decisions, and business recommendations to senior leaders and executive stakeholders.Experience that would set you apart Experience in payment systems and the merchant acquiring industry. MBA. Bilingualism.What you get
Comprehensive Total Rewards Program, including performance-based bonuses, flexible benefits starting from day one, and your choice of a health spending account (HSA) or personal spending account (PSA).Retirement planning support, with profit-sharing programs including company match and a defined contribution pension plan.Growth & development opportunities, including unlimited access to Coursera, mentorship programs, and an internal gig marketplace.Holistic wellness support, with an Employee & Family Assistance Program, 24/7 virtual healthcare, and workplace wellness initiatives.Flexibility that works for you, including hybrid work arrangements, a Work from Abroad program, and paid time off programs.Recognition and rewards, with company-wide recognition programs, exclusive banking perks from RBC & BMO, and access to great employee discounts.Note: We welcome and encourage applications from Indigenous peoples, people of colour, people with disabilities, people of all genders, sexual orientation and intersectional identities.AI Disclosure: We may use AI-enabled tools to screen, select, and assess applications. All AI outputs are reviewed and validated by our recruitment team. We acknowledge that people from equity-deserving groups (including racialized individuals, women, gender diverse individuals, individuals with disabilities, neurodivergent individuals, members of 2SLGBTQIA+ communities and those born outside of Canada) are less likely to apply for jobs unless they feel they meet all the requirements posted.At Moneris, we believe candidates bring experience to their work in many ways.Meet Moneris. We’re the original Canadian fintech. Powering businesses—from the smallest micro-merchant to large enterprises—with the commerce solutions, expert knowledge and local support they need to reach their full potential. That’s why we exist. For 25 years and counting, we’re proud to be the partner Canadians rely on to kickstart their dreams online, expand to a brick-and-mortar space or find new ways to connect with customers in their community and beyond. Our commitment to you. From coast to coast to coast, Moneris is proudly powering Canadian commerce for businesses, big and small. Our success is rooted in the dedication of our team members, whose skills, talent, and passion make it all possible. We provide resources, opportunities and an inclusive environment that empower our people to drive their careers forward and, together, create a positive impact on Canadian businesses. Powering Canadian commerce. Empowering you.Recognized for Inclusion Moneris is proud to be recognized as a 5-Star DEI Employer, reflecting our commitment to creating an inclusive, welcoming workplace where everyone belongs.
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