Team Lead, Credit

2 weeks ago

Toronto, Canada HomeEquity Bank Full time

WHO WE ARE
HomeEquity Bank is a Schedule 1 Canadian chartered bank and the leading national provider of reverse mortgages, with a growing portfolio. As the only bank solely dedicated to serving homeowners 55 and up, we’re passionate about helping Canadian homeowners live retirement on their terms. We live that commitment every day, with a range of reverse mortgage solutions that include our flagship CHIP Reverse Mortgage product.

Our Values, Our Passion
At HomeEquity Bank, our values drive and inspire our actions with our customers, our partners and each other.

Customer-Focused. Passionate Advocates
Courage to Act. Do the Right Thing
One Team. One Vision
Think Long-Term. Ever-Evolving
Be Exceptional. Inspire Greatness

***:
The position plays an important role within the Bank because it requires a deep understanding of credit underwriting, appraisals management, mortgage terms, risk management, internal controls and regulatory compliance.

**MAJOR ELEMENTS OF THE ROLE**:

- People - supports the Senior Manager by providing high quality input to performance assessments
- Developing, coaching, mentoring and leading a high performing team of Underwriters
- Stakeholder management, escalations, relationship building
- Policy and procedure implementation and management, ongoing adherence/review
- Control and quality testing/audits
- Lead projects and key priorities on behalf of the Credit department
- Specific elements of the role include but are not limited to:
**Leadership**:

- Collaborate with the co-Team Lead, Credit, to develop, coach, mentor, and lead the team of Underwriters
- Establish objectives with team members, provide input on performance reviews and provide feedback to the Senior Manager on performance relative to the objectives established through goal setting

**Business Performance**:

- Make prompt and thorough reviews and decisions on mortgage files and escalations
- Balance risk and opportunity by looking for solutions on mortgage structures while ensuring adherence to Bank’s policies and guidelines
- Be a critical contributor to the Bank’s operational efficiencies by identifying and proposing effective solutions to maximize process efficiencies
- Play a lead role in reviewing quality metrics, performance, SLA’s and overall controls
- Develop and maintain comprehensive procedures
- Implement solutions on a timely basis to address any identified control gaps or opportunities
- Maintains professionalism in all dealings with internal and external parties to maintain the reputation of the Bank

**Reporting**:

- Provides regular and ad-hoc reporting to Management with qualitative commentary and insights
- Measure processing and capacity efficiencies, looking for opportunities to improve quality and turnaround times

**Appraisals**:

- Review and coordinate appraisal escalations and issues with appraisal management company and internal partners
- Review and resolve exceptions
- Orders and reviews ad-hoc re-appraisals as required
- Reports on variations in valuations to management and other stakeholders

**SKILLS AND EXPERIENCE REQUIRED**:

- Post-secondary education and/or equivalent experience
- Experience at a Canadian financial institution
- Experience in Credit/Mortgage Underwriting
- Leading high-performing teams
- Experience with policy management, audits and OSFI reviews
- Preparing and providing analysis and presentations for senior management

Working Conditions Unique to Job
- This hybrid role requires working 3 days per week in our corporate office in downtown Toronto.

WHY WORK AT HOMEEQUITY BANK?
Great Environment
HomeEquity Bank offers a hybrid working environment supported with a culture of flexibility - an approach that is unique to each person, and that enables both business and individual needs to be met in a mutually beneficial way.
We pride ourselves in recognizing and celebrating performance, community service, teamwork, and diversity among our employees.

A Dynamic Culture - With People at the Centre
We believe our people make all the difference; our tireless commitment to inclusivity, professional development, and employee experience has been recognized through awards including the Greater Toronto’s Top Employers 2024,Waterstone Canada's Most Admired Corporate Cultures 2022-2023, the Globe and Mail's Report on Business: Canada's Top Growing Companies 2022 (third year since 2019), Canadian's Mortgage Professional (CMP) Top Mortgage Employer 2023 for the third year in a row and Achievers Top 50 Most Engaged Workplaces 2023.

Growth and Opportunities
We provide challenging and rewarding careers in a wide variety of fields. We continuously develop and train our employees through professional growth opportunities and on-the-job training. We also encourage our employees to develop professionally and personally though a series of career developing programs including our Educational Assistance Program, designed to reimburse costs related to professional learning and deve

  • Coordinator/team Lead

    4 days ago

    Toronto, Canada TEAM DFF Full time

    Coordinator/Team Lead Role and Responsibilities The Coordinator/Team Lead is responsible for the daily operations of the home. Leading a small team of personal support workers supporting a young man in his own home. You are responsible for attending to hiring, training, supervising and leading a team of dedicated associates and staffing supports. The...

  • Credit & Collections Officer

    3 weeks ago

    Toronto, Canada Vault Credit Corporation Full time

    **Credit & Collections Officer** Vault Home Credit Corporation DBA VaultPay is designed to ease the consumer financing transaction between our Partners and Homeowners. We offer customers total payment control with simple and easy financing options for Homeowners and their Home Improvement loans. We are looking for a motivated, Credit & Collections Officer...

  • Vice President

    6 days ago

    Toronto, Canada Royal Bank of Canada> Full time

    Job SummaryJob DescriptionWhat is the opportunity?You will develop your people management experience and put your leadership skills to work.  A team where you will collaborate with business partners across several segments of the Business; including Risk Management adjudication, Corporate Banking, and other Capital Markets areas.As a Vice President, Global...

  • Vice President

    1 day ago

    Old Toronto, Canada Royal Bank of Canada Full time

    Job Summary Job Description What is the opportunity? You will develop your people management experience and put your leadership skills to work. A team where you will collaborate with business partners across several segments of the Business; including Risk Management adjudication, Corporate Banking, and other Capital Markets areas. As a Vice...

  • Vice President

    1 day ago

    Old Toronto, Canada Royal Bank of Canada Full time

    Job Summary Job Description What is the opportunity? You will develop your people management experience and put your leadership skills to work. A team where you will collaborate with business partners across several segments of the Business; including Risk Management adjudication, Corporate Banking, and other Capital Markets areas. As a Vice President,...

  • Vice President

    1 day ago

    Old Toronto, Canada Royal Bank of Canada Full time

    Job Summary Job Description What is the opportunity? You will develop your people management experience and put your leadership skills to work. A team where you will collaborate with business partners across several segments of the Business; including Risk Management adjudication, Corporate Banking, and other Capital Markets areas. As a Vice President,...

  • Vice President

    2 days ago

    Old Toronto, Canada Royal Bank of Canada Full time

    Job Summary Job Description What is the opportunity? You will develop your people management experience and put your leadership skills to work. A team where you will collaborate with business partners across several segments of the Business; including Risk Management adjudication, Corporate Banking, and other Capital Markets areas. As a Vice President,...

  • Vice President

    5 days ago

    TORONTO, Canada Royal Bank of Canada Full time

    Job SummaryJob DescriptionWhat is the opportunity?You will develop your people management experience and put your leadership skills to work.  A team where you will collaborate with business partners across several segments of the Business; including Risk Management adjudication, Corporate Banking, and other Capital Markets areas.As a Vice President,...

  • Vice President

    4 days ago

    Toronto, Canada RBC - Royal Bank Full time

    Job SummaryJob DescriptionWhat is the opportunity?You will develop your people management experience and put your leadership skills to work. A team where you will collaborate with business partners across several segments of the Business; including Risk Management adjudication, Corporate Banking, and other Capital Markets areas.As a Vice President, Global...

  • Credit Analyst

    6 days ago

    Toronto, Canada EMCO Corporation Full time

    Company Description With over 115 years of experience, EMCO Corporation is a leading national wholesale distributor of plumbing, HVAC, waterworks, and industrial products to the construction industry. We provide quality and cutting-edge products that help support residential, commercial and infrastructure initiatives across Canada. At EMCO Corporation, we...

  • Manager, Credit

    2 days ago

    Toronto, Canada Spin Master Ltd Full time

    Are you a kid at heart looking to build a career with a leading global children's toy, entertainment and digital gaming company? At Spin Master, our unwavering commitment to open mindedness, integrity and innovation is a great part of what has made us an industry leader. How do we stay ahead of the pack? By hiring the best and brightest minds—and that’s...

  • Collections Team Lead

    4 weeks ago

    Toronto, Canada Aird & Berlis LLP Full time

    **Who We Are**: Aird & Berlis is a full-service business law firm based in Toronto, serving clients across Canada and around the world. Our more than 225 lawyers, patent agents and business advisors provide strategic legal and business advice in all principal areas of business law, including corporate finance, banking, insolvency and restructuring, energy,...

  • Manager, Credit Card Product

    6 days ago

    Toronto, Canada Rogers Communications Full time

    Looking to join a growing financial services team? Rogers Bank, a subsidiary of Canada's leading wireless, cable and media company, is expanding and seeking passionate individuals to develop and implement innovative financial solutions and experiences. The bank offers unique cash-back benefits and financing options for Rogers purchases using cutting-edge...

  • Manager, Credit Card Product

    5 days ago

    Toronto, Canada Rogers Communications Full time

     Looking to join a growing financial services team? Rogers Bank, a subsidiary of Canada's leading wireless, cable and media company, is expanding and seeking passionate individuals to develop and implement innovative financial solutions and experiences. The bank offers unique cash-back benefits and financing options for Rogers purchases using cutting-edge...

  • Team Lead

    3 weeks ago

    Toronto, Canada Centre for Addiction and Mental Health Full time

    Position Description Reporting to the Manager of WSFU/SOTU, and working collaboratively with the Complex Care and Recovery practice leadership group, the Team Lead supports the Manager to anticipate needs of the inpatient unit over time and collaborates with the unit’s interprofessional team to provide effective coordination of...

  • Director, Credit

    3 weeks ago

    Toronto, Ontario, Canada RBC - Royal Bank Full time

    Job SummaryThe Director, Credit & Stress Testing Implementation Assurance reports to the Senior Director, Stress Testing & Credit Controls and Integrity. You will apply your business knowledge and provide constructive challenge within credit risk management to work closely and support numerous stakeholders and Senior Directors across both the Stress Testing...

  • Credit Analyst

    3 weeks ago

    Toronto, ON, Canada Emcosorel Full time

    With over 115 years of experience, EMCO Corporation is a leading national wholesale distributor of plumbing, HVAC, waterworks, and industrial products to the construction industry. We provide quality and cutting-edge products that help support residential, commercial and infrastructure initiatives across Canada. At EMCO Corporation, we are committed to...

  • Manager, Credit Risk

    4 weeks ago

    Toronto, Canada Canada Infrastructure Bank Full time

    Headquartered in Toronto, the Canada Infrastructure Bank (the CIB) is responsible for investing in new infrastructure projects. The CIB’s mission is to work with provincial, territorial, municipal, federal, Indigenous and private sector investor partners to transform the way infrastructure is planned, financed and delivered in Canada. An exciting and...

  • Manager, Credit, Mortgage Underwriting

    2 weeks ago

    Toronto, Canada HomeEquity Bank Full time

    WHO WE ARE HomeEquity Bank is a Schedule 1 Canadian chartered bank and the leading national provider of reverse mortgages, with a growing portfolio. As the only bank solely dedicated to serving homeowners 55 and up, we’re passionate about helping Canadian homeowners live retirement on their terms. We live that commitment every day, with a range of reverse...

  • Credit Manager

    3 weeks ago

    Toronto, Canada Independent Mechanical Supply Inc. Full time

    **Cores Responsibilities**: - Designs and implements processes to improve cash flow and reduce receivables; - Monitors and negotiates the collection of overdue accounts; - Monitors credit and collection processes and operations - Perform collection procedures on all invoices over 60 days old. Identify problem accounts and make prompt decisions for...