Current jobs related to Commercial Credit Manager - Toronto, Ontario - Equitable Bank
-
Commercial Credit Risk Manager
4 weeks ago
Toronto, Ontario, Canada Alterna Savings Full timeJob Title: Commercial Credit Risk ManagerAlterna Savings is seeking a highly skilled Commercial Credit Risk Manager to join our team. As a key member of our Enterprise Risk Management department, you will be responsible for managing the credit risk program for the commercial arm of Alterna Savings and its subsidiary, Alterna Bank.Key Responsibilities:Develop...
-
Commercial Credit Risk Manager
4 weeks ago
Toronto, Ontario, Canada Alterna Savings Full timeJob Title: Commercial Credit Risk ManagerAlterna Savings is seeking a highly skilled Commercial Credit Risk Manager to join our team. As a key member of our Enterprise Risk Management department, you will be responsible for managing the credit risk program for the commercial arm of Alterna Savings and its subsidiary, Alterna Bank.Key Responsibilities:Develop...
-
Commercial Credit Director
1 month ago
Toronto, Ontario, Canada Equitable Bank Full timeAbout the RoleWe are seeking a highly skilled and experienced Commercial Credit Director to join our team at Equitable Bank. As a key member of our Commercial Lending team, you will be responsible for providing strategic leadership and guidance on commercial credit risk management, ensuring that our lending practices align with our risk appetite and...
-
Commercial Credit Director
1 month ago
Toronto, Ontario, Canada Equitable Bank Full timeAbout the RoleWe are seeking a highly skilled and experienced Commercial Credit Director to join our team at Equitable Bank. As a key member of our Commercial Lending team, you will be responsible for providing strategic leadership and guidance on commercial credit risk management, ensuring that our lending practices align with our risk appetite and...
-
Senior Manager Commercial Credit Risk
1 month ago
Toronto, Ontario, Canada NBC Full timeJob Title: Senior Manager Commercial Credit RiskJoin National Bank of Canada (NBC) as a Senior Manager Commercial Credit Risk and take on a challenging role that requires expertise in risk management and commercial credit analysis.About the RoleThis position is part of the credit risk team at NBC, responsible for analyzing and managing commercial credit...
-
Senior Manager Commercial Credit Risk
1 month ago
Toronto, Ontario, Canada NBC Full timeJob Title: Senior Manager Commercial Credit RiskJoin National Bank of Canada (NBC) as a Senior Manager Commercial Credit Risk and take on a challenging role that requires expertise in risk management and commercial credit analysis.About the RoleThis position is part of the credit risk team at NBC, responsible for analyzing and managing commercial credit...
-
Risk Management Specialist, Commercial Credit
3 weeks ago
Toronto, Ontario, Canada Alterna Savings Full timeJob SummaryWe are seeking a highly skilled Commercial Credit and Enterprise Risk Manager to join our team at Alterna Savings. As a key member of our risk management team, you will be responsible for managing the credit risk program for our commercial arm and its subsidiary, Alterna Bank.Key ResponsibilitiesDevelop and implement credit risk management...
-
Risk Management Specialist, Commercial Credit
3 weeks ago
Toronto, Ontario, Canada Alterna Savings Full timeJob SummaryWe are seeking a highly skilled Commercial Credit and Enterprise Risk Manager to join our team at Alterna Savings. As a key member of our risk management team, you will be responsible for managing the credit risk program for our commercial arm and its subsidiary, Alterna Bank.Key ResponsibilitiesDevelop and implement credit risk management...
-
Commercial Credit Manager
2 weeks ago
Toronto, Ontario, Canada Equitable Bank Full timeKey ResponsibilitiesThe successful candidate will be responsible for managing the commercial credit portfolio, ensuring that all transactions are processed in a timely and efficient manner. This includes reviewing loan analyses, approving applications, and ensuring compliance with established guidelines. The incumbent will also provide support, guidance, and...
-
Commercial Credit Specialist
2 months ago
Toronto, Ontario, Canada Equitable Bank Full timeAbout the RoleWe are seeking a highly skilled and experienced Senior Analyst to join our team at Equitable Bank. As a Senior Analyst, you will play a critical role in supporting the development and implementation of credit risk management strategies and policies.Key ResponsibilitiesCredit Risk Management: Conduct thorough credit reviews and assessments to...
-
Commercial Credit Specialist
2 months ago
Toronto, Ontario, Canada Equitable Bank Full timeAbout the RoleWe are seeking a highly skilled and experienced Senior Analyst to join our team at Equitable Bank. As a Senior Analyst, you will play a critical role in supporting the development and implementation of credit risk management strategies and policies.Key ResponsibilitiesCredit Risk Management: Conduct thorough credit reviews and assessments to...
-
Senior Manager Commercial Credit Risk
2 weeks ago
Toronto, Ontario, Canada NBC Full timeJob SummaryWe are seeking a highly skilled Senior Manager Commercial Credit Risk to join our team at NBC. As a key member of our credit risk team, you will play a critical role in analyzing and approving complex commercial credit applications.Key ResponsibilitiesAnalyze and authorize complex commercial credit applicationsDevelop and implement risk management...
-
Commercial Credit Manager
1 week ago
Toronto, Ontario, Canada Equitable Bank Full timeAbout the RoleThe Commercial Credit Manager will play a key role in ensuring the successful management of CMHC-insured commercial real estate transactions. This includes reviewing loan analyses, approving applications, and ensuring compliance with established guidelines.Key ResponsibilitiesReview and approve loan analyses submitted by commercial mortgage...
-
Commercial Credit Manager
2 weeks ago
Toronto, Ontario, Canada Equitable Bank Full timeAbout the RoleThe Commercial Credit Manager will be responsible for reviewing loan analyses submitted by commercial mortgage underwriters and approving applications within prescribed limits. The incumbent will also ensure that approved deals close as scheduled and as efficiently as possible by following up on outstanding conditions/documents and ensuring...
-
Commercial Credit Manager
2 weeks ago
Toronto, Ontario, Canada Equitable Bank Full timeAbout the RoleThis is a unique opportunity to join Equitable Bank as a Commercial Credit Manager. As a key member of our team, you will be responsible for reviewing loan analyses and approving applications within prescribed limits. You will also be responsible for ensuring that approved deals close as scheduled and as efficiently as possible by following up...
-
Commercial Credit Director
1 month ago
Toronto, Ontario, Canada Equitable Bank Full timeJob SummaryWe are seeking a highly skilled and experienced Commercial Credit Director to join our team at Equitable Bank. As a key member of our Commercial Lending team, you will be responsible for providing strategic guidance and oversight to ensure the effective management of commercial credit risk.Key ResponsibilitiesProvide expert guidance and support to...
-
Commercial Credit Director
1 month ago
Toronto, Ontario, Canada Equitable Bank Full timeJob SummaryWe are seeking a highly skilled and experienced Commercial Credit Director to join our team at Equitable Bank. As a key member of our Commercial Lending team, you will be responsible for providing strategic guidance and oversight to ensure the effective management of commercial credit risk.Key ResponsibilitiesProvide expert guidance and support to...
-
Commercial Credit Manager
1 month ago
Toronto, Ontario, Canada Equitable Bank Full timeJob SummaryWe are seeking a highly skilled and experienced Commercial Credit Manager to join our team at Equitable Bank. As a key member of our commercial lending team, you will be responsible for managing the entire commercial mortgage underwriting process, from initial application to final approval.Key ResponsibilitiesReview and approve loan applications...
-
Commercial Credit Manager
1 month ago
Toronto, Ontario, Canada Equitable Bank Full timeJob SummaryWe are seeking a highly skilled and experienced Commercial Credit Manager to join our team at Equitable Bank. As a key member of our commercial lending team, you will be responsible for managing the entire commercial mortgage underwriting process, from initial application to final approval.Key ResponsibilitiesReview and approve loan applications...
-
Commercial Credit Manager
1 month ago
Toronto, Ontario, Canada Equitable Bank Full timeJob SummaryWe are seeking a highly skilled and experienced Commercial Credit Manager to join our team at Equitable Bank. As a key member of our commercial lending team, you will be responsible for managing the entire commercial mortgage underwriting process, from initial application to final approval.Key ResponsibilitiesReview and approve loan applications...
Commercial Credit Manager
3 months ago
At Equitable Bank, we are not your typical financial institution. We are committed to revolutionizing the banking experience for Canadians, believing that they deserve superior options. Our dynamic team consists of innovative thinkers who are always seeking smarter solutions. If you thrive on tackling significant challenges and reshaping the future of banking, you will find a home with us. We foster a culture of collaboration, curiosity, and continuous learning.
As a growing organization, we proudly serve over 370,000 clients across Canada through Equitable Bank, recognized as Canada's Challenger BankTM, with a legacy spanning over 50 years. Our subsidiary, Concentra Bank, supports credit unions nationwide, reaching more than 5 million members. Together, we manage over $100 billion in assets, with a clear mission to transform Canadian banking for the better. Our EQ Bank platform has been honored as the top Schedule I Bank in Canada by Forbes in 2023, 2022, and 2021.
Your Role
Key Responsibilities
The Commercial Credit Manager plays a pivotal role in providing daily leadership, mentorship, and direction to team members while ensuring operational efficiency and productivity. The responsibilities include:
- Reviewing and approving Credit Risk Assessments (CRAs) for originations, renewals, assumptions, and ad hoc requests within designated limits.
- Managing all aspects of the CMHC portfolio (excluding annual reviews), including monitoring and processing maturities, renewals, and loan extensions, as well as conducting quarterly servicing audits of CMHC loan files.
- Evaluating new deals from servicers to assign them to the appropriate team member.
The Manager will conduct performance reviews, set targets for team members, and participate in the recruitment process for new hires.
As needed, the Manager will underwrite various commercial mortgage products for review by the Senior Manager, ensuring compliance with established policies and standards, meeting service goals, and contributing to the achievement of team targets.
Core Responsibilities Include
- Daily review and approval of loan analyses (CRAs) submitted by commercial mortgage underwriters, ensuring timely closure of approved deals.
- Providing ongoing training and support to staff, including regular meetings and one-on-one discussions.
- Managing CMHC portfolio activities, including proactive management of upcoming maturities and coordinating quarterly servicing audits.
- Communicating with internal and external contacts to ensure efficient transaction processing and superior customer service.
- Handling various administrative and reporting duties required for departmental and company needs.
- A minimum of 5 years of experience in underwriting commercial real estate transactions, including CMHC-insured multi-unit mortgages.
- Post-secondary education in business or finance is preferred.
- Bilingualism is an asset.
- Strong leadership and coaching abilities, setting a positive example for colleagues.
- Knowledge of AML/ATF regulations and corporate/legal documentation for commercial real estate.
- Ability to thrive in a fast-paced, high-volume environment.
- Excellent verbal and written communication skills.
- Strong analytical and problem-solving capabilities.
- Proficient in MS Office.
We provide a competitive discretionary bonus, a leading RRSP match program, comprehensive medical, dental, vision, life, and disability benefits, an Employee Share Purchase Plan, and a generous vacation policy. Our commitment to inclusion ensures that our employees thrive in a diverse environment, and we support their personal and professional growth. We are dedicated to a barrier-free recruitment process and work environment for all applicants.
