Vice President, Credit
3 weeks ago
Career Opportunity
Libro is growing - and Libro is hiring.
Our expansion plans include a series of new hires across southwestern Ontario. Take a look.
Who We Are
Imagine working for an organization where every employee and customer is an Owner.
No matter whether a customer Owner or employee Owner, everything we do at Libro is about helping people prosper. We recruit and develop experts like you; Epic Humans who are ready to offer the best possible advice, coaching and service, when and how our Owners need it.
What Opportunity Awaits?
As we continue to grow progressively, Libro is on a mission to find a passionately accountable VP Credit at our London Administration office.
Reporting to the Chief Risk Officer, the VP Credit provides overall leadership to establishing credit risk management governance frameworks and standards. This entails the responsibility to review and approve/recommend credit transactions within the assigned delegated lending authority (DLA) in line with the credit union’s enterprise strategy, and Risk Appetite. This role is responsible to monitor and analyze portfolio quality, including the watch list and non-performing accounts. This role also oversees the compliance with credit risk regulation, industry concentration limits and other monitoring limits, caps and matrices and reports any emerging risks to the relevant risk committees within the credit union’s risk governance framework. It also develops and maintains credit risk policies within the credit risk appetite of the Credit Union.
**Leadership Principles**:
Agile, Bold, Inspiring, One Team, Accountable, member-centric
Listening, Understanding and Responding
Self Confidence
Achieving Results Through People
Inspiring Others through Coaching
Problem Solving and Judgment
Decision-Making on the Job
Alignment and Focus
Teamwork and Cooperation
**Key Duties & Responsibilities - Position Accountabilities**:
Ensure the strategic direction for credit risk management practices is within the risk tolerances and growth objectives established by the Board and the Executive Leadership Team (ELT).
Identify, develop, maintain and amend credit risk corporate policies, procedures and processes required to effectively adjudicate enterprise credit exposure within the credit risk appetite.
Work with business units to enable implementation of business strategies and to optimize the growth and return opportunities available within company risk tolerances.
Participate in the assessment of new business line opportunities and initiatives to oversee the analysis of credit risk factors and recommend structure required to maintain the Company’s credit risk standards.
Oversee the quality of the credit portfolio within the risk appetite.
Approve loan and transactions within assigned DLA.
Responsible for the credibility and reliability of the borrower risk rating models.
Work with the Business to ensure appropriate training is in place for front office lenders.
Opine on the level of credit limits delegated to first line business unit staff as part of the DLA sign off process.
Monitor effectiveness of lending process by conducting post approval reviews and adjusting processes and recommending changes to policies as required.
Oversee, monitor and report on the quality of the credit portfolio as measured by key risk performance indicators within the credit risk appetite.
Review and provide input on industry reviews and recommend industry concentration limits as it applies to the credit performance and quality of the portfolio.
As a People Leader, coach individuals and teams to develop and grow in their roles, to perform at a higher level and to embrace change; inspires others; builds motivated, high performing teams; understands what motivates different people.
Ensure appropriate management of the loan portfolio and adequacy of specific loan loss provisioning.
Provide guidance to special account management unit on the management of problem loans by providing input on strategies to reduce risk of loss and determine appropriate work out strategy and provisions.
Assess specific loss anticipated on impaired accounts utilizing input of business units, experienced judgment and methodology established by regulators.
Review adequacy of write-offs.
Comply with standards established by FSRA and other regulators.
Report on credit risk condition of the credit portfolio, including emerging risks and significant events and the portfolio strategy, including:
Portfolio quality, trends, diversification, NPL and delinquency rates, single name exposures and adherence to regulatory/ internal credit risk monitoring caps and matrices.
Large exposures and specific industry concentrations.
Status and management of the monitored and non-productive loans along with assessment of the appropriateness of specific reserves in place.
**Technical Knowledge and Competencies**:
Advanced knowledge and experience with all aspects of credit including commerci
-
Vice President
3 weeks ago
London, Canada Libro Credit Union Full timeWho We Are Imagine working for an organization where every employee and customer is an Owner. No matter whether a customer Owner or employee Owner, everything we do at Libro is about helping people prosper. We recruit and develop experts like you; Epic Humans who are ready to offer the best possible advice, coaching and service, when and how our Owners...
-
Vice President
2 weeks ago
London, Canada Libro Credit Union Full timeWho We Are Imagine working for an organization where every employee and customer is an Owner. No matter whether a customer Owner or employee Owner, everything we do at Libro is about helping people prosper. We recruit and develop experts like you; Epic Humans who are ready to offer the best possible advice, coaching and service, when and how our Owners...
-
Vice President, Credit
3 weeks ago
London, Canada Libro Credit Union Full timeCareer Opportunity Libro is growing – and Libro is hiring. Our expansion plans include a series of new hires across southwestern Ontario. Take a look. www.libro.ca/careers Who We Are Imagine working for an organization where every employee and customer is an Owner. No matter whether a customer Owner or employee Owner, everything we do...
-
Vice President, Credit
3 weeks ago
London, Canada Libro Credit Union Full timeCareer Opportunity Libro is growing – and Libro is hiring. Our expansion plans include a series of new hires across southwestern Ontario. Take a look. www.libro.ca/careers Who We Are Imagine working for an organization where every employee and customer is an Owner. No matter whether a customer Owner or employee Owner, everything we do...
-
Vice President, Credit
3 weeks ago
London, Canada Libro Credit Union Full timeCareer Opportunity Libro is growing – and Libro is hiring. Our expansion plans include a series of new hires across southwestern Ontario. Take a look . www. libro.ca/careers Who We Are Imagine working for an organization where every employee and customer is an Owner . No matter whether a customer Owner or...
-
Vice President, Credit
3 weeks ago
London, Canada Libro Credit Union Full timeCareer Opportunity Libro is growing – and Libro is hiring. Our expansion plans include a series of new hires across southwestern Ontario. Take a look. www.libro.ca/careers Who We Are Imagine working for an organization where every employee and customer is an Owner. No matter whether a customer Owner or employee Owner, everything we do...
-
Vice President, Credit
3 weeks ago
London, ON, Canada Libro Credit Union Full timeCareer Opportunity Libro is growing – and Libro is hiring. Our expansion plans include a series of new hires across southwestern Ontario. Take a look . libro.ca/careers Who We Are Imagine working for an organization where every employee and customer is an Owner . No matter whether a customer Owner or employee Owner, ...
-
Vice President
3 weeks ago
London, Ontario, Canada Libro Credit Union Full timeWho We AreImagine working for an organization where every employee and customer is an Owner.No matter whether a customer Owner or employee Owner, everything we do at Libro is about helping people prosper. We recruit and develop experts like you; Epic Humans who are ready to offer the best possible advice, coaching and service, when and how our Owners need...
-
Vice President
1 week ago
London, Ontario, Canada Libro Credit Union Full timeWho We AreImagine working for an organization where every employee and customer is an Owner.No matter whether a customer Owner or employee Owner, everything we do at Libro is about helping people prosper. We recruit and develop experts like you; Epic Humans who are ready to offer the best possible advice, coaching and service, when and how our Owners need...
-
Vice President
1 week ago
London, Ontario, Canada GoodLife Fitness Full timeVICE PRESIDENT OF ACCOUNTINGWho is a Vice President of Accounting?The Vice President of Accounting is a critical role within the organization responsible for leading all accounting functions. It ensures the integrity of financial data and reporting outputs provided to both internal and external stakeholders, on behalf of the GoodLife group and related...
-
Vice President
4 weeks ago
London, Ontario, Canada GoodLife Fitness Full timeVICE PRESIDENT OF ACCOUNTINGWho is a Vice President of Accounting?The Vice President of Accounting is a critical role within the organization responsible for leading all accounting functions. It ensures the integrity of financial data and reporting outputs provided to both internal and external stakeholders, on behalf of the GoodLife group and related...
-
London, ON, Canada Libro Credit Union Full timeNo matter whether a customer Owner or employee Owner, everything we do at Libro is about helping people prosper. Epic Humans who are ready to offer the best possible advice, coaching and service, when and how our Owners need it. Libro is a progressive employer who invests heavily in the development and career ambitions of our staff . Our hiring...
-
Vice-president
2 months ago
London, Canada Perrett Laver Full time**Join us to empower people and improve lives** Luminate is a global foundation working to ensure that everyone - especially those who are underrepresented - has the information, rights, and power to influence the decisions that shape society. Luminate’s work focuses on enabling people to fully participate in civic and political life, to safely challenge...
-
Vice President, People and Culture
4 days ago
London, Canada Fanshawe College Full timeFirst Section **Posting Number** - 40860**Requisition Title** - Vice President, People and Culture**Internal Posting Closing Date** **External Closing Date** **Open Until Filled** - Yes**Campus Location** - London**Department** - Office of the President (PRO)**Employment Group** - Admin**Pay Details** **Hours of Work per Week** - 37.5**Summary** -...
-
London, Canada Prime Management Group Full timeSifton Properties Limited stands out in Canada’s real estate landscape, consistently recognized as one of “Canada’s Best Managed Companies” and awarded one of “Canada’s 50 Best Employers.” Sifton understands and appreciates the uniqueness of every milestone in their customers' lives, which has inspired them to build better communities. Since...
-
London, Canada Sifton Properties Limited Full timeVice President, Residential and Commercial Leasing Job Category: Other Requisition Number: VICEP001356 Apply now Posted : May 21, 2024 Full-Time Hybrid Locations Showing 1 location West 5 - Sifton Centre London, ON N6K0G2, CAN DescriptionWho We AreAs a family-based company for over 100 years, we are committed to creating and...
-
London, Canada Sifton Properties Limited Full timeVice President, Residential and Commercial Leasing Job Category: Other Requisition Number: VICEP001356 Apply now Posted : May 21, 2024 Full-Time Hybrid Locations Showing 1 location West 5 - Sifton Centre London, ON N6K0G2, CAN DescriptionWho We AreAs a family-based company for over 100 years, we are committed to creating and...
-
London, Canada Sifton Properties Limited Full timeVice President, Residential and Commercial Leasing Job Category: Other Requisition Number: VICEP001356 Apply now Posted : May 21, 2024 Full-Time Hybrid Locations Showing 1 location West 5 - Sifton Centre London, ON N6K0G2, CAN DescriptionWho We AreAs a family-based company for over 100 years, we are committed to creating and...
-
London, Canada Sifton Properties Limited Full timeVice President, Residential and Commercial Leasing Job Category: Other Requisition Number: VICEP001356 Apply now Posted : May 21, 2024 Full-Time Hybrid Locations Showing 1 location West 5 - Sifton Centre London, ON N6K0G2, CAN DescriptionWho We AreAs a family-based company for over 100 years, we are committed to creating and...
-
Vice President Finance
4 weeks ago
London, Canada Osborne Financial Search Full timeVice President of Finance Job DescriptionTITLE: VP FinanceREPORTS TO: VP/General ManagerLOCATION: On-Site not HybridWe have an opportunity for an experienced and ambitious financial leader to provide critical and timely operational financial information and guidance to senior leadership and internal teams, to further develop accounting and corporate...
