Analyst, Credit Risk Management

This position 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.

Responsibilities:

1) 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 current state of policies and procedural documentation. Research, share and implement credit risk management best practices.

2) 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).

3) 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.

4) 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, in order 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.

Qualifications / Experience:

• 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 multi-task in a fast-paced environment
• Understanding of finance and accounting principles.
• Ability to understand a wide variety of complicated investment products.

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit https://www.manulife.com/en/about/our-story.html.

Manulife is an Equal Opportunity Employer

At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact [email protected].

Referenced Salary Location

Salary range is expected to be between

If you are applying for this role outside of the primary location, please contact [email protected] for the salary range for your location. The actual salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance.

Manulife offers eligible employees a wide array of customizable benefits, including health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage, adoption/surrogacy and wellness benefits, and employee/family assistance plans. We also offer eligible employees various retirement savings plans (including pension and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in Canada includes holidays, vacation, personal, and sick days, and we offer the full range of statutory leaves of absence. If you are applying for this role in the U.S., please contact [email protected] for more information about U.S.-specific paid time off provisions.