Head of Commercial Asset Management

4 weeks ago


Toronto, Ontario, Canada Scotiabank Full time

Position Overview:
The Head of Commercial Asset Management is responsible for ensuring the overall credit quality of a specified portfolio within International Wealth Management loans, while also collaborating on strategic policy and growth initiatives.


Key Responsibilities:
- Collaborate with International Private Banking on transactions and risk appetite considerations, and actively contribute to the development, training, and promotion of a robust risk culture within the business line.
- Partner with International Private Banking to enhance International Wealth Management policies and processes, identifying prudent growth opportunities and programs.
- Evaluate credit applications within assigned limits as a designated Credit Officer, providing recommendations for over-limit or out-of-policy transactions to the Senior Credit Committee, and authorizing waivers, amendments, and non-standard documentation.
- Work alongside local credit units and International Wealth Management teams to provide guidance and feedback on atypical transactions as necessary.
- Ensure sustainable and profitable growth in Wealth Management credit portfolios by:
- Making informed and timely decisions on credit applications within assigned lending limits, through comprehensive analysis with appropriate structure, pricing, conditions, and security requirements.
- Contributing to the formulation and execution of lending policies and strategies.
- Maintain the existing portfolio at an acceptable quality and risk level by:
- Monitoring the assigned portfolio and approved credits across geographic, industry, and customer/product dimensions, ensuring compliance with credit conditions, identifying issues, and taking timely remedial actions.
- Ensuring early identification and effective management of weak and unsatisfactory accounts.
- Alerting management to unfavorable trends and recommending appropriate actions.
- Monitoring compliance with regulatory and internal policies as applicable.


Additional Responsibilities:
- Participate in due diligence activities concerning potential acquisitions.
- Complete special projects as required.
- Direct daily operations in alignment with the Bank's risk culture and the relevant risk appetite statement and limits. Reinforce the Bank's risk culture and risk appetite statement throughout your teams.
- Foster an environment where your team effectively manages their assigned portfolios while adhering to operational risk, regulatory compliance risk, AML/ATF risk, and conduct risk controls.
- Contribute to a high-performance environment and people strategy that attracts, retains, develops, and motivates your team by promoting an inclusive work environment, articulating vision/values/business strategy, and managing succession and development planning for the team.


Qualifications:
- Extensive credit background with 5-10 years of lending experience (experience in IPL structuring is advantageous).
- Proficiency in Spanish due to the geographic scope of the team.
- Exceptional management skills.
- Strong computer proficiency.
- An MBA or CA designation would be considered an asset.


Our Commitment:
Guided by our purpose: "for every future", we assist our customers, their families, and their communities in achieving success through a comprehensive range of advice, products, and services, including personal and commercial banking, wealth management, private banking, corporate and investment banking, and capital markets.

If you require accommodation during the recruitment and selection process, please inform our Recruitment team.


  • Asset Manager

    2 weeks ago


    Toronto, Ontario, Canada Centurion Asset Management Full time

    Asset Manager Job Description Asset Manager Job Description Centurion Asset Management Inc. is a leading investment and property management company with a strong reputation in the industry. We are seeking a highly skilled Asset Manager to join our team. About Us We are a team of over 350 experienced professionals who have been providing quality...


  • Toronto, Ontario, Canada Fengate Asset Management Full time

    About the RoleFengate Asset Management is seeking a highly motivated and detail-oriented individual to join our team as a Residential Asset Management Intern. As an intern, you will have the opportunity to work in a collaborative environment and contribute to the performance of our growing multi-residential portfolio.Key ResponsibilitiesThe successful...


  • Toronto, Ontario, Canada Fengate Asset Management Full time

    About the RoleFengate Asset Management is seeking a highly motivated and detail-oriented individual to join our team as a Residential Asset Management Intern. As an intern, you will have the opportunity to work in a collaborative environment and contribute to the performance of our growing multi-residential portfolio.Key ResponsibilitiesThe successful...


  • Toronto, Ontario, Canada Brookfield Asset Management Full time

    **About Brookfield Asset Management**Brookfield Asset Management is a leading global alternative asset manager with a diversified portfolio of assets across private equity, real estate, infrastructure, and renewable power.**Our Business**We operate one of the world's largest publicly traded platforms for renewable power and decarbonization solutions, with a...


  • Toronto, Ontario, Canada Brookfield Asset Management Full time

    **About Brookfield Asset Management**Brookfield Asset Management is a leading global alternative asset manager with a diversified portfolio of assets across private equity, real estate, infrastructure, and renewable power.**Our Business**We operate one of the world's largest publicly traded platforms for renewable power and decarbonization solutions, with a...


  • Toronto, Ontario, Canada Moving2Canada Full time $225,000 - $275,000

    Position: Head of Commercial Operations (Rail)Company: Moving2CanadaLocation: RemoteMoving2Canada is seeking a Head of Commercial Operations (Rail) to oversee the commercial and project management functions for significant projects.The Head of Commercial Operations will be accountable for various aspects including procurement strategies, subcontract...


  • Toronto, Ontario, Canada Centurion Asset Management Inc Full time

    About the RoleCenturion Asset Management Inc. is a leading player in the Investment and Property Management industries, providing quality investments and housing for its clients. As an Asset Manager, you will be responsible for assisting with the development, implementation, and maintenance of key performance metrics and analytical models for Centurion...


  • Toronto, Ontario, Canada Centurion Asset Management Inc Full time

    About the RoleCenturion Asset Management Inc. is a leading player in the Investment and Property Management industries, providing quality investments and housing for its clients. As an Asset Manager, you will be responsible for assisting with the development, implementation, and maintenance of key performance metrics and analytical models for Centurion...


  • Old Toronto, Ontario, Canada Royal Bank of Canada Full time

    About the RoleWe are seeking a highly skilled and experienced Commercial Asset Management Director to join our team at Royal Bank of Canada. As a key member of our organization, you will be responsible for leading the development and execution of commercial asset management strategies that drive business growth and profitability.Key ResponsibilitiesDevelop...


  • Old Toronto, Ontario, Canada Royal Bank of Canada Full time

    About the RoleWe are seeking a highly skilled and experienced Commercial Asset Management Director to join our team at Royal Bank of Canada. As a key member of our organization, you will be responsible for leading the development and execution of commercial asset management strategies that drive business growth and profitability.Key ResponsibilitiesDevelop...


  • Toronto, Ontario, Canada Epic Investment Services Full time

    Head of Asset Management (Retail)Key Responsibilities:Effectively oversee asset strategies and plansEnhance leasing strategies and monitor leasing outcomesEngage with stakeholders and property ownersReview and assess leasing plans and financial allocationsTrack leasing activities and evaluate capital expendituresQualifications:5-7 years of experience in...


  • Old Toronto, Ontario, Canada Royal Bank of Canada Full time

    About the RoleWe are seeking a highly skilled and experienced Commercial Asset Management Director to join our team at Royal Bank of Canada. As a key member of our organization, you will play a critical role in shaping the future of our commercial asset management practices.Key ResponsibilitiesDevelop and Implement Asset Management StrategiesDevelop and...


  • Old Toronto, Ontario, Canada Royal Bank of Canada Full time

    About the RoleWe are seeking a highly skilled and experienced Commercial Asset Management Director to join our team at Royal Bank of Canada. As a key member of our organization, you will play a critical role in shaping the future of our commercial asset management practices.Key ResponsibilitiesDevelop and Implement Asset Management StrategiesDevelop and...

  • Marketing Director

    4 days ago


    Toronto, Ontario, Canada Fengate Asset Management Full time

    About Fengate Asset ManagementFengate Asset Management is a reputable asset management firm that specializes in customized investment funds with a strategic focus on infrastructure, real estate, and private equity.We are a trusted developer and active manager of real assets, providing investors with special access to tailored investments with renewable...

  • Marketing Director

    3 days ago


    Toronto, Ontario, Canada Fengate Asset Management Full time

    About Fengate Asset ManagementFengate Asset Management is a reputable asset management firm that specializes in customized investment funds with a strategic focus on infrastructure, real estate, and private equity.We are a trusted developer and active manager of real assets, providing investors with special access to tailored investments with renewable...

  • Asset Manager

    6 days ago


    Toronto, Ontario, Canada Centurion Asset Management Inc Full time

    About the RoleCenturion Asset Management Inc. is seeking a highly skilled Asset Manager to join our team. As an Asset Manager, you will be responsible for assisting with the development, implementation, and maintenance of key performance metrics and analytical models for Centurion Property Associates Inc.Key ResponsibilitiesConduct local market research for...

  • Asset Manager

    1 week ago


    Toronto, Ontario, Canada Centurion Asset Management Inc Full time

    About the RoleCenturion Asset Management Inc. is seeking a highly skilled Asset Manager to join our team. As an Asset Manager, you will be responsible for assisting with the development, implementation, and maintenance of key performance metrics and analytical models for Centurion Property Associates Inc.Key ResponsibilitiesConduct local market research for...

  • Financial Manager

    2 days ago


    Toronto, Ontario, Canada Brookfield Asset Management Full time

    **Job Summary**The Financial Manager will be part of Brookfield's Corporate team and will report into the SVP, Finance. Located in our head office, the Financial Manager role is a highly visible position that provides a solid foundation and exposure to a progressive and dynamic career with a leading global asset management firm.**Key Responsibilities**Manage...

  • Financial Manager

    3 days ago


    Toronto, Ontario, Canada Brookfield Asset Management Full time

    **Job Summary**The Financial Manager will be part of Brookfield's Corporate team and will report into the SVP, Finance. Located in our head office, the Financial Manager role is a highly visible position that provides a solid foundation and exposure to a progressive and dynamic career with a leading global asset management firm.**Key Responsibilities**Manage...

  • Financial Manager

    6 days ago


    Toronto, Ontario, Canada Brookfield Asset Management Full time

    Job DescriptionThe Financial Manager will be part of Brookfield's Corporate team and will report into the SVP, Finance. Located in our head office in Downtown Toronto, the Financial Manager role is a highly visible position that provides a solid foundation and exposure to a progressive and dynamic career with a leading global asset management firm.Key...