Commercial Credit Risk Manager

**Posting Deadline: Please submit your application by 11:59 PM PST, July 28, 2026**

Position Type: Temporary 

Duration: Approximately twelve (12) months

Together, Let’s Do Great Things!

We're a financial services co-operative with an expansive reach on Vancouver Island, the Gulf and Discovery islands and North Central BC. Joining us is your chance to work, and do good, locally.

What’s the role?

This opportunity offers the ability to work remotely from anywhere in British Columbia. Preference for candidates based on Vancouver Island.

Reporting to the AVP, Commercial Credit Risk, the Commercial Credit Risk Manager is responsible for supporting the operations of the Commercial Credit Risk functions. This role maintains compliance and organizational credit risk exposure, ensuring alignment with the corporate risk appetite, direction, and initiatives. Additionally, this position is responsible for adherence to credit risk policies and practices, monitoring and reporting, while monitoring compliance with legal and regulatory requirements. 

Your duties will include:

Credit Risk Leadership

• In conjunction with the risk management team, ensures a well-balanced Risk Management Culture where management and employees understand their role in the three lines of defense risk methodology.
• Fosters a trusted environment that facilitates collaboration and innovation, ensuring a respectful, engaging productive work environment and positive culture.
• Supports a departmental culture that facilitates open and immediate access to information.

Operations

• Approves new Commercial Lines of Credit, Loans, Mortgages, Letters of Credit, and annual reviews within assigned lending limits.
• Recommends loans exceeding assigned limits to the next level of authority, including the Senior Commercial Credit Risk Manager and AVP Commercial Credit Risk.
• Provides support on corporate projects as needed for the delivery of credit risk services.
• Completes audits on loans, annual reviews and construction draws approved by the first line of defense.
• Assists in the review and analysis of the effectiveness from a risk perspective of commercial services lending programs, including auto adjudication.
• Monitors that adequate processes are in place for the active and appropriate management of credit, operational, reputational, and regulatory risk and to validate compliance to the risk management framework requirements.
• Monitors that delinquency ratios are acceptable against corporate objectives.
• Monitors that appropriate 2^nd line of defense testing takes place to test effectiveness of credit policies and processes are followed by the first line of defense.

Risk Management and Compliance

• Regularly reviews that established corporate compliance and risk functions, including risk monitoring and reporting activities and provides the necessary independent oversight (second line of defense) of the risk management activities of the first line of defense.
• Monitors that levels of risk control for the first and second lines of defenses are in place and being monitored and supports testing for effectiveness and compliance to mitigate risk and minimize Credit Union loan losses.
• Reviews third line of defense audits to understand risk areas identified and is responsible for following through with managements mitigating responses and resolution action plans.
• Participates in creating the Executive and Board reports completed by Credit Risk.
• Through identification of key risks and risk mitigation strategies, recommends adjustments to risk management and compliance policies and practices as required to ensure alignment with existing and any recalibration of corporate risk tolerances.
• Participates in the establishment of standards and acceptable practice in accordance with corporate policy.
• Support and ensures the third line of credit defense audit plan is effective.

What we are looking for?

• Successful completion of a Bachelor's Degree in a related discipline (e.g. Commerce or Business Administration)
• Solid understanding of credit union operations, principles, and values.
• Minimum five (5) years of progressive experience in a financial service environment
• Minimum two (2) year commercial credit underwriting experience or managing a diversified and increasingly complex commercial loan portfolio and/or a combination of both.
• Solid knowledge of business lending, other stakeholder and regulatory requirements and approach to managing credit risk
• Solid understanding of the competitive environment in the financial marketplace, and local communities within Coastal Community’s market area

Who are we?

Established in 1946, Coastal Community Credit Union puts people's needs first and invests in communities across Vancouver Island, the Discovery and Gulf Islands, and in North Central BC.  We’re proud of the legacy we’ve built and the things that make us who we are:

• We’re 100% member-owned, with all decisions made locally—right here in BC.
• We’re a growing organization with $5.6 billion in assets under management.
• Coastal Community helps improve the financial health of over 110,000 members as well as insurance and wealth clients through our 32 branches, 19 insurance offices, our business centres, plus our wide range of online and digital services.
• We believe in making meaningful contributions to the communities we call home through grants, education awards, sponsorships, and fundraising.

At Coastal Community we are dedicated to serving our local community by prioritizing diversity, equality, inclusion, and supporting a sense of belonging for all. We value every individual’s unique experience and perspective. As a result, we empower individuals to achieve their financial goals, enrich lives, and build healthier communities.

Embarking on a journey with Coastal Community means joining an exceptional team, engaging in meaningful work, and enjoying fulfilling experiences along the way. We take pride in offering a comprehensive total rewards package and a workplace culture that’s second to none. This includes a commitment to work/life balance, a substantial extended benefits package, an impressive 11.75% employer-paid RRSP contribution, investments in your education and training, banking perks, and so much more! Join us and be part of a community that values your growth and success!

Career Band Range (Annual Salary) - $72,535.00 to $90,173.00

The posted salary range is designed to reflect a broad career band, encompassing a variety of roles within our organization and serves as a general guideline. Your final compensation will be tailored to your unique skills, experience, and the responsibilities of the role.

If this role resonates with your passion and skills, we would love to hear from you!