Senior Credit Risk Manager

Infrastructure Ontario (IO), an Ontario crown corporation, provides a wide range of services to support the Ontario government’s initiative to modernize and maximize the value of public infrastructure and realty. IO has been recognized domestically and internationally for the way it does business and the success it has had with its major projects, real estate services, infrastructure lending, commercial projects, and development mandate.

IO delivers some of the most complex, ambitious commercial and land development solutions for the Province and continues to evolve and expand its capabilities to maximize its public impact and deliver on its vision of creating a connected, modern and competitive Ontario.

The Senior Credit Risk Manager is the senior technical resource within the Credit Risk team and is responsible for leading the independent assessment of Infrastructure Ontario's most complex commercial lending and infrastructure financing transactions. The role provides expert credit risk analysis, adjudication, portfolio oversight, and strategic advice to support sound lending decisions and effective risk management. Working closely with Lending, Legal, Treasury, Finance, Loan Operations, and senior leadership, the position helps strengthen credit risk practices while supporting the continued growth and stability of Infrastructure Ontario's lending portfolio.

• Lead the independent assessment of complex commercial lending, project finance, and infrastructure financing transactions, including new originations, amendments, restructurings, waivers, refinancing transactions, and annual reviews.
• Evaluate borrower financial performance, business plans, cash flow projections, project risks, security structures, covenant compliance, and repayment capacity.
• Prepare comprehensive credit memorandums and risk recommendations to support lending decisions and governance approvals.
• Present credit analysis and recommendations to senior leadership and governance committees.
• Manage assigned Watch List and higher-risk borrower relationships through ongoing monitoring, risk assessment, and proactive mitigation strategies.
• Analyze portfolio trends, sector performance, borrower concentrations, and emerging risks to support portfolio management and strategic decision-making.
• Conduct research and analysis on economic, regulatory, industry, and market developments impacting Infrastructure Ontario's lending portfolio.
• Serve as a senior technical resource to the Credit Risk team by providing guidance, mentorship, and knowledge sharing on credit adjudication, financial analysis, and risk management practices.
• Support the enhancement of credit risk policies, methodologies, analytical tools, portfolio monitoring practices, and governance processes.

• University degree in Finance, Business Administration, Accounting, Economics, or a related discipline, or an equivalent combination of education and experience.
• Significant experience in commercial lending, credit adjudication, credit risk management, corporate banking, project finance, infrastructure financing, or a related financial services environment.
• Extensive experience analyzing complex financial statements, cash flow projections, financing structures, business plans, and credit-related information.
• Strong expertise in commercial lending, credit risk assessment, covenant design, security structures, loan structuring, and portfolio monitoring.
• Experience preparing and presenting credit recommendations for senior approval authorities, governance committees, and executive stakeholders.
• Demonstrated experience managing complex borrower relationships, higher-risk exposures, and Watch List credits.
• Strong financial modelling, analytical, problem-solving, and risk assessment capabilities.
• Ability to exercise sound judgment and provide well-supported recommendations on complex credit matters.
• Experience mentoring colleagues and serving as a senior technical resource within a credit risk or lending environment.
• Experience in infrastructure financing, municipalities, healthcare, affordable housing, commercial real estate, energy, long-term care, or…