Current jobs related to Director, Real Estate Secured Lending, Enterprise Risk Management - Old Toronto, Ontario - Accoravillage

  • Director of Real Estate Lending

    4 weeks ago

    Toronto, Ontario, Canada Royal Bank of Canada Full time

    Job OpportunityWe are seeking a highly skilled and experienced professional to join our team as a Director of Real Estate Lending. As a key member of our Commercial Real Estate team, you will be responsible for business development and management of a portfolio of commercial real estate clients.Key ResponsibilitiesDeliver on financing requests to assist with...

  • Director of Real Estate Lending

    4 weeks ago

    Toronto, Ontario, Canada Royal Bank of Canada Full time

    Job OpportunityWe are seeking a highly skilled and experienced professional to join our team as a Director of Real Estate Lending. As a key member of our Commercial Real Estate team, you will be responsible for business development and management of a portfolio of commercial real estate clients.Key ResponsibilitiesDeliver on financing requests to assist with...

  • Real Estate Development Director

    1 week ago

    Toronto, Ontario, Canada CT Real Estate Full time

    About the RoleThis position is responsible for leading the Company's real estate development and operations function. The Vice President, Real Estate Operations and Development, is a customer-centric, results-driven people leader who will oversee all aspects of our real estate development projects and manage our portfolio of properties.The successful...

  • Commercial Real Estate Lending Specialist

    1 month ago

    Toronto, Ontario, Canada Royal Bank of Canada Full time

    Job SummaryWe are seeking a highly skilled and experienced professional to join our team as a Director, Real Estate. As a key member of our Commercial Banking group, you will be responsible for leading the development and management of a portfolio of commercial real estate clients, with a primary focus on providing lending solutions for low-rise and...

  • Commercial Real Estate Lending Specialist

    1 month ago

    Toronto, Ontario, Canada Royal Bank of Canada Full time

    Job SummaryWe are seeking a highly skilled and experienced professional to join our team as a Director, Real Estate. As a key member of our Commercial Banking group, you will be responsible for leading the development and management of a portfolio of commercial real estate clients, with a primary focus on providing lending solutions for low-rise and...

  • Senior Director, Real Estate Development

    2 hours ago

    Toronto, Ontario, Canada CT Real Estate Full time

    Job DescriptionOverviewThis position oversees the execution of development projects, meeting timelines, budgets, and quality standards, and contributes to the profitability of the enterprise by identifying real estate opportunities, managing project budgets effectively, and optimizing property management practices to minimize expenses.Key...

  • Underwriter, Commercial Real Estate Specialist

    2 months ago

    Old Toronto, Ontario, Canada Vertical Real Estate Services Full time

    About the RoleThe Underwriter, Commercial Real Estate will play a critical role in growing and managing the portfolio of loans to values-aligned social purpose real estate projects. This includes term and construction financing of market rental housing, affordable housing, green buildings, and community spaces.Key ResponsibilitiesComplete underwriting...

  • Underwriter, Commercial Real Estate Specialist

    2 months ago

    Old Toronto, Ontario, Canada Vertical Real Estate Services Full time

    About the RoleThe Underwriter, Commercial Real Estate will play a critical role in growing and managing the portfolio of loans to values-aligned social purpose real estate projects. This includes term and construction financing of market rental housing, affordable housing, green buildings, and community spaces.Key ResponsibilitiesComplete underwriting...

  • Director, Real Estate Portfolio Manager

    1 month ago

    Toronto, Ontario, Canada Royal Bank of Canada Full time

    Job SummaryWe are seeking a highly skilled and experienced Director to join our BC Real Estate team at Royal Bank of Canada. As a key member of our team, you will be responsible for business development and management of a portfolio of commercial real estate clients, with a primary focus on providing lending solutions for low-rise and high-rise residential...

  • Director, Real Estate Portfolio Manager

    1 month ago

    Toronto, Ontario, Canada Royal Bank of Canada Full time

    Job SummaryWe are seeking a highly skilled and experienced Director to join our BC Real Estate team at Royal Bank of Canada. As a key member of our team, you will be responsible for business development and management of a portfolio of commercial real estate clients, with a primary focus on providing lending solutions for low-rise and high-rise residential...

  • Underwriter, Commercial Real Estate Specialist

    1 month ago

    Old Toronto, Ontario, Canada Vertical Real Estate Services Full time

    About the RoleAs an Underwriter, Commercial Real Estate, you will play a critical role in growing and managing the portfolio of loans to values-aligned social purpose real estate projects. You will join a small, diverse team of entrepreneurial, purpose-driven individuals, and will contribute and develop your expertise in credit underwriting and portfolio...

  • Underwriter, Commercial Real Estate Specialist

    1 month ago

    Old Toronto, Ontario, Canada Vertical Real Estate Services Full time

    About the RoleAs an Underwriter, Commercial Real Estate, you will play a critical role in growing and managing the portfolio of loans to values-aligned social purpose real estate projects. You will join a small, diverse team of entrepreneurial, purpose-driven individuals, and will contribute and develop your expertise in credit underwriting and portfolio...

  • Real Estate Asset Manager

    2 weeks ago

    Toronto, Ontario, Canada Crestpoint Real Estate Investments Full time

    About the RoleWe are seeking a highly skilled Real Estate Asset Manager to join our team at Crestpoint Real Estate Investments. As a key member of our asset management team, you will be responsible for managing a portfolio of real estate assets, including office, industrial, retail, and multi-family properties.Key ResponsibilitiesManage a portfolio of real...

  • Real Estate Asset Management Director

    1 month ago

    Old Toronto, Ontario, Canada Investment Management Corporation of Ontario Full time

    Real Estate Asset Management DirectorAt Investment Management Corporation of Ontario (IMCO), we are seeking a highly motivated and experienced Real Estate Asset Management Director to join our team. As a key member of our Real Estate team, you will be responsible for contributing to the management of our $10 Billion Real Estate portfolio. Your primary focus...

  • Real Estate Asset Management Director

    1 month ago

    Old Toronto, Ontario, Canada Investment Management Corporation of Ontario Full time

    Real Estate Asset Management DirectorAt Investment Management Corporation of Ontario (IMCO), we are seeking a highly motivated and experienced Real Estate Asset Management Director to join our team. As a key member of our Real Estate team, you will be responsible for contributing to the management of our $10 Billion Real Estate portfolio. Your primary focus...

  • Underwriter, Commercial Real Estate Specialist

    1 month ago

    Old Toronto, Ontario, Canada Vertical Real Estate Services Full time

    About the RoleAs an Underwriter, Commercial Real Estate, you will play a critical role in growing and managing the portfolio of loans to values-aligned social purpose real estate projects. You will join a small, diverse team of entrepreneurial, purpose-driven individuals, and will contribute and develop your expertise in credit underwriting and portfolio...

  • Underwriter, Commercial Real Estate Specialist

    1 month ago

    Old Toronto, Ontario, Canada Vertical Real Estate Services Full time

    About the RoleAs an Underwriter, Commercial Real Estate, you will play a critical role in growing and managing the portfolio of loans to values-aligned social purpose real estate projects. You will join a small, diverse team of entrepreneurial, purpose-driven individuals, and will contribute and develop your expertise in credit underwriting and portfolio...

  • Business Development Director, Real Estate

    1 month ago

    Toronto, Ontario, Canada Royal Bank of Canada Full time

    Job SummaryWe are seeking a highly skilled and experienced Director to join our Real Estate team at Royal Bank of Canada. As a key member of our team, you will be responsible for business development and management of a portfolio of commercial real estate clients, with a primary focus on providing lending solutions for low-rise and high-rise residential real...

  • Business Development Director, Real Estate

    1 month ago

    Toronto, Ontario, Canada Royal Bank of Canada Full time

    Job SummaryWe are seeking a highly skilled and experienced Director to join our Real Estate team at Royal Bank of Canada. As a key member of our team, you will be responsible for business development and management of a portfolio of commercial real estate clients, with a primary focus on providing lending solutions for low-rise and high-rise residential real...

  • Real Estate Portfolio Manager

    3 weeks ago

    Toronto, Ontario, Canada Royal Bank of Canada Full time

    Opportunity OverviewAs a Director on the BC Real Estate team at Royal Bank of Canada, you will be responsible for driving business growth and managing a portfolio of commercial real estate clients. Your primary focus will be on providing lending solutions for low-rise and high-rise residential real estate projects, as well as income-producing real estate....

Director, Real Estate Secured Lending, Enterprise Risk Management

2 months ago

Old Toronto, Ontario, Canada Accoravillage Full time
Job Description

Job Title: Director, Real Estate Secured Lending, Enterprise Risk Management

Job Summary:

We are seeking a highly skilled and experienced Director, Real Estate Secured Lending, Enterprise Risk Management to join our team at Accoravillage. As a key member of our risk management team, you will be responsible for leading the development and implementation of risk management strategies and policies for our real estate secured lending business.

Key Responsibilities:

  • RESL Approvals:
    • Approve RESL policy exception requests, per delegated lending authority.
    • Approve balance sheet mortgage purchases/investments to ensure that loans comply with the requirements for this book of business, including insured mortgages, per delegated lending authority.
    • Oversee the credit side of the bank's liquidity line of credit in terms of eligibility of mortgages to be pledged as collateral.
  • Policies and Guidelines:
    • Maintain the residential mortgage underwriting policy and ensure that limits are aligned with the bank's risk appetite, regulatory requirements, and consider the risks in the environment.
    • Review and challenge the first line's residential mortgage underwriting guidelines and procedures and ensure alignment with the established policies, appetite, industry best practices, regulatory requirements, and evolving business environment.
    • Assess the adequacy of the internal control environment and provide recommendations to improve controls and processes as appropriate.
  • Expected Credit Loss, Arrears, and Default Management:
    • Participate in the bank's RESL expected credit loss process, including the assessment of specific allowances.
    • Oversee arrears and default management.
    • Monitor the portfolio for signs of increased credit risk.
  • Stress Testing:
    • Participate in creating and maintaining a program to conduct ongoing sensitivity analysis and stress testing to assess the impact on the risk of the portfolio and proactively implement mitigating actions.
    • Contribute to the ICAAP and contingency funding plan testing as needed.
  • Quality Assurance:
    • Actively oversee the RESL quality assurance program, ensuring that underwriting is aligned with the bank's risk appetite and is in compliance with internal and external requirements.
  • Monitoring and Reporting:
    • Perform continuous monitoring of RESL risk limits and contribute to accurate risk reporting on all current and emerging risks in the portfolio, including compliance with limits, performance of the portfolio, and changes in the business environment with the Deputy CRO.
    • Monitor market conditions to identify and assess emerging issues or opportunities impacting the RESL loan portfolio.
  • People Management:
    • Motivate and coach team members to assist them in exceeding their objectives.
    • Develop staffing plans anticipating short-, medium-, and long-term needs.
    • Lead and participate in annual performance reviews, addressing areas of strength and improvement.
  • Innovation and Change Management:
    • Assess and adapt operational processes; develop new capabilities to ensure ongoing relevance and success.
    • Contribute to Enterprise Risk Management's projects and initiatives as needed.
    • Maintain contact with peers in the industry to share best practices.
  • Technical Advisor:
    • Provide subject matter expertise and advice to all levels of management on RESL risk issues and related policy matters. Support Business Units in regulatory, governance, and transformation initiatives.
    • Develop expert understanding of RESL credit risk Enterprise Risk Management challenges.
    • Identify emerging issues and trends to keep current on market developments in RESL credit risk management.
  • Other:
    • Support the Deputy CRO in other tasks as required.
    • Use independent judgment, serving as a mentor, and ensuring their department and team implement company policies, procedures, and initiatives correctly.
    • Build productive relationships with all employees, management, and third-party business relationships to contribute to positive business outcomes.

Requirements:

  • 7-10 years of experience in a RESL risk management function working within a regulated bank, with established knowledge of mortgage lending and deposit-taking institutions.
  • In-depth knowledge of OSFI RESL regulatory requirements.
  • University degree in a related field or equivalent work experience.
  • Professional degree or certification is an asset.

What We Offer:

At Accoravillage, we offer a comprehensive benefits package, including:

  • Vision Care
  • RRSP Match
  • Health & Wellness Spend
  • Vacation & Personal Days
  • Hybrid working environment

We are an equal opportunities employer and welcome applications from diverse candidates. If you are a motivated and experienced professional looking to join a dynamic team, please submit your application.