Manager, Commercial Credit

4 weeks ago

Toronto ON, Canada EQ Bank | Equitable Bank Full time

Being a traditional bank just isn’t our thing. We are big believers in innovating the banking experience because we believe Canadians deserve better options, and we challenge ourselves and our teams to creatively transform what’s possible in banking. Our team is made up of inquisitive and agile minds that find smarter ways of doing things. Overall we serve more than 370,000 people acrossCanadathrough Equitable Bank,Canada'sChallenger Bank™, and have been around for more than 50 years. Equitable Bank's wholly-owned subsidiary, Concentra Bank, supports credit unions acrossCanadathat serve more than 5 million members. Together we have over$100 billionin combined assets under management and administration, with a clear mandate to drive change in Canadian banking to enrich people's lives. Our EQ Bank platform ( eqbank.ca ) has been named the top Schedule I Bank inCanadaon the Forbes World's Best Banks 2023, 2022, and 2021 lists.
The Manager, Commercial Credit BES will be a key member of the Commercial Credit team, reporting to the Associate Director, Commercial Portfolio Management. The incumbent will be responsible for managing and providing guidance to team members, while ensuring the team operates efficiently and effectively, providing optimum service. Key responsibilities include adhering to established policies and underwriting standards, meeting compliance and control requirements and achieving service goals.
The Manager, Commercial Credit BES is responsible for monitoring the commercial pipeline report, providing direct oversight to the Mortgage Coordinator and a team of Underwriters, managing the credit flow, deal assignment, approving or recommending commercial mortgage facilities within assigned credit limits, and ensuring that all critical functions meet the company’s lending and regulatory requirements. Additional credit related and administrative duties are also required to support senior management and regulatory requirements. The Manager is responsible for communicating and co-operating with external business partners as well as staff within the Commercial group and other internal departments.
Review and analyze all commercial mortgage reviews and proposals, together with supporting credit related documentation. Ensure compliance with the company’s established policies, lending guideline, regulatory requirements and procedures with recommendations submitted for approval to Senior management based on approved delegations of authority
Provide support, guidance and mentoring to the Mortgage Coordinator and assigned Underwriters. The incumbent will also be responsible for resolving day to day challenges, assess the individual staff members’ training needs and ensure that they are met so that the individual is able to perform his/her job effectively.
Deal assignment to the underwriters and monitoring of the pipeline to ensure efficient time management of deal flow in order to meet prescribed deadlines
The incumbent is responsible for the management, organization, training and evaluation of any contract employees, interns, LDP Associates and job shadowing employees that are assigned to the department.
Review weekly/monthly/quarterly reports issued by Information reporting Department or Commercial Analytics and advise Management of any issues. Responsible for the timely review/preparation of reports as deemed necessary by senior management
Ensure Compliance and QA audits are reviewed in a timely manner, compile underwriter feedback on deficiencies, submit for Senior manager review and record final results on the audit tracker
Assist in department projects or company initiatives, where needed
Post-secondary education (diploma/degree) in business or finance, MBA/CFA preferred
Have a minimum of 5 years of experience in commercial real estate lending
Highly developed verbal and written communication skills with the ability to communicate to Senior Management in a clear, concise and professional manner
Sound technical knowledge of commercial lending, financial statement analysis and factors affecting the Canadian commercial lending environment
Demonstrated service excellence with their field
Working knowledge of AML/ATF regulations and Corporate/Legal documentation for commercial real estate in multiple jurisdictions across Canada
Strong organizational and time management skills
Proficient in MS Office
#What we offer [For full-time permanent roles]
???? Market leading RRSP match program
???? Medical, dental, vision, life, and disability benefits
???? Generous vacation policy, personal days and even a moving day
???? Virtual events to connect with your fellow colleagues
???? A fulfilling opportunity to join one of the top FinTechs and help create a new kind of banking experience
The incumbent will be working hybrid and in office time will be spent working from Equitable Bank’s additional office space located at 351 King Street East, Toronto, ON.
Equitable Bank is deeply committed to inclusion. All candidates considered for hire must successfully pass a criminal background check and credit check to qualify for hire.

  • Manager, Enterprise Risk

    50 minutes ago

    Toronto, ON, Canada Robertson & Company Ltd. Full time

    Our Client:Our client is one of the top five largest Canadian Credit Unions committed to delivering good, caring, and transparent financial services as a supportive partner and advisor.What You Will Achieve in This Role:Reporting to the Director of Enterprise Risk, the Manager of Commercial Credit and Enterprise Risk oversees the credit risk program for our...

  • Manager, Enterprise Risk

    1 week ago

    Toronto, ON, Canada Robertson & Company Ltd. Full time

    Our Client: Our client is one of the top five largest Canadian Credit Unions committed to delivering good, caring, and transparent financial services as a supportive partner and advisor. What You Will Achieve in This Role: Reporting to the Director of Enterprise Risk, the Manager of Commercial Credit and Enterprise Risk oversees the credit risk program...

  • Manager, Commercial Credit

    4 weeks ago

    Toronto, Canada Alterna Savings Full time

    Scope of Position Under the direction of the Director, Enterprise Risk, the Manager, Commercial Credit and Enterprise Risk manages the credit risk program for the commercial arm of Alterna Savings and its subsidiary, Alterna Bank. The Manager, Commercial Credit and Enterprise Risk also develops, recommends changes and maintains Board and management...

  • Credit Analyst

    4 weeks ago

    Toronto, Canada Vault Credit Corporation Full time

    **Company**: Vault is a non-bank private lending company offering a wide array of financial services such as mortgage, leasing and lending products. Vault has a devoted team of experts with years of experience in both financial services and real estate. We are dedicated to delivering products and services that meet the diverse needs of our borrowers, quicker...

  • Manager, Enterprise Risk

    1 week ago

    Toronto, Canada Robertson & Company Ltd. Full time

    Our Client: Our client is one of the top five largest Canadian Credit Unions committed to delivering good, caring, and transparent financial services as a supportive partner and advisor. What You Will Achieve in This Role: Reporting to the Director of Enterprise Risk, the Manager of Commercial Credit and Enterprise Risk oversees the credit risk program...

  • Manager, Enterprise Risk

    1 week ago

    Toronto, Canada Robertson & Company Ltd. Full time

    Our Client: Our client is one of the top five largest Canadian Credit Unions committed to delivering good, caring, and transparent financial services as a supportive partner and advisor. What You Will Achieve in This Role: Reporting to the Director of Enterprise Risk, the Manager of Commercial Credit and Enterprise Risk oversees the credit risk program...

  • Manager, Enterprise Risk

    1 week ago

    Toronto, Canada Robertson & Company Ltd. Full time

    Our Client: Our client is one of the top five largest Canadian Credit Unions committed to delivering good, caring, and transparent financial services as a supportive partner and advisor. What You Will Achieve in This Role: Reporting to the Director of Enterprise Risk, the Manager of Commercial Credit and Enterprise Risk oversees the credit risk program...

  • Manager, Enterprise Risk

    1 week ago

    Toronto, Canada Robertson & Company Ltd. Full time

    Our Client:Our client is one of the top five largest Canadian Credit Unions committed to delivering good, caring, and transparent financial services as a supportive partner and advisor.What You Will Achieve in This Role: Reporting to the Director of Enterprise Risk, the Manager of Commercial Credit and Enterprise Risk oversees the credit risk program for our...

  • Manager, Enterprise Risk

    5 days ago

    Toronto, Canada EightSix Network Inc Full time

    Part Time / Full Time Our client is one of the top five largest Canadian Credit Unions committed to delivering good, caring, and transparent financial services as a supportive partner and advisor. What You Will Achieve in This Role: Reporting to the Director of Enterprise Risk, the Manager of Commercial Credit and Enterprise Risk oversees the credit...

  • Manager, Enterprise Risk

    7 days ago

    Toronto, Canada Robertson & Company Ltd. Full time

    Our Client: Our client is one of the top five largest Canadian Credit Unions committed to delivering good, caring, and transparent financial services as a supportive partner and advisor. What You Will Achieve in This Role: Reporting to the Director of Enterprise Risk, the Manager of Commercial Credit and Enterprise Risk oversees the credit risk program...

  • Manager, Enterprise Risk

    1 week ago

    Toronto, Canada Robertson & Company Ltd. Full time

    Our Client:Our client is one of the top five largest Canadian Credit Unions committed to delivering good, caring, and transparent financial services as a supportive partner and advisor.What You Will Achieve in This Role:Reporting to the Director of Enterprise Risk, the Manager of Commercial Credit and Enterprise Risk oversees the credit risk program for our...

  • Manager, Enterprise Risk

    1 week ago

    Toronto, Canada Robertson & Company Ltd. Full time

    Our Client:Our client is one of the top five largest Canadian Credit Unions committed to delivering good, caring, and transparent financial services as a supportive partner and advisor.What You Will Achieve in This Role:Reporting to the Director of Enterprise Risk, the Manager of Commercial Credit and Enterprise Risk oversees the credit risk program for our...

  • Manager, Commercial Credit

    7 hours ago

    Old Toronto, Canada Alterna Sa Full time

    Manager, Commercial Credit & Enterprise Risk Job Category: Audit/Compliance/Risk Requisition Number: MANAG003011 Apply now Posted : January 31, 2024 Full-Time Locations Showing 1 location Under the direction of the Director, Enterprise Risk, the Manager, Commercial Credit and Enterprise Risk manages the credit risk program for the commercial...

  • Manager, Commercial Credit

    7 hours ago

    Old Toronto, Canada Alterna Sa Full time

    Manager, Commercial Credit & Enterprise Risk Job Category: Audit/Compliance/Risk Requisition Number: MANAG003011 Apply now Posted : January 31, 2024 Full-Time Locations Showing 1 location Under the direction of the Director, Enterprise Risk, the Manager, Commercial Credit and Enterprise Risk manages the credit risk program for the commercial...

  • Manager, Commercial Credit

    10 hours ago

    Old Toronto, Canada Alterna Sa Full time

    Manager, Commercial Credit & Enterprise Risk Job Category: Audit/Compliance/Risk Requisition Number: MANAG003011 Apply now Posted : January 31, 2024 Full-Time Locations Showing 1 location Under the direction of the Director, Enterprise Risk, the Manager, Commercial Credit and Enterprise Risk manages the credit risk program for the commercial...

  • Manager, Enterprise Risk

    6 days ago

    Old Toronto, Canada EightSix Network Inc Full time

    Part Time / Full Time Our client is one of the top five largest Canadian Credit Unions committed to delivering good, caring, and transparent financial services as a supportive partner and advisor.What You Will Achieve in This Role:Reporting to the Director of Enterprise Risk, the Manager of Commercial Credit and Enterprise Risk oversees the credit risk...

  • Manager, Enterprise Risk

    6 days ago

    Old Toronto, Canada EightSix Network Inc Full time

    Part Time / Full Time Our client is one of the top five largest Canadian Credit Unions committed to delivering good, caring, and transparent financial services as a supportive partner and advisor.What You Will Achieve in This Role:Reporting to the Director of Enterprise Risk, the Manager of Commercial Credit and Enterprise Risk oversees the credit risk...

  • Manager, Enterprise Risk

    6 days ago

    Old Toronto, Canada EightSix Network Inc Full time

    Part Time / Full Time Our client is one of the top five largest Canadian Credit Unions committed to delivering good, caring, and transparent financial services as a supportive partner and advisor.What You Will Achieve in This Role:Reporting to the Director of Enterprise Risk, the Manager of Commercial Credit and Enterprise Risk oversees the credit risk...

  • Senior manager commercial credit risk

    17 hours ago

    Toronto, ON, C6A, Ontario, Canada National Bank Full time

    A career as a Senior Credit Manager in the credit risk team at National Bank means being a specialist and coach for credit approvals within the commercial sector. You will be called upon to play an important role as an expert in the development of the Ontario and Western Canadian market. This position allows you to leverage your expertise and influential...

  • Senior manager commercial credit risk

    2 days ago

    Toronto, Canada National Bank Full time

    A career as a Senior Credit Manager in the credit risk team at National Bank means being a specialist and coach for credit approvals within the commercial sector. You will be called upon to play an important role as an expert in the development of the Ontario and Western Canadian market. This position allows you to leverage your expertise and influential...