Commercial Credit Director

4 weeks ago

Toronto, Ontario, Canada Equitable Bank Full time

About the Role

We are seeking a highly skilled 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 support, guidance, and ongoing training to department managers and staff.

Key Responsibilities

  • Provide support, guidance, and ongoing training to department managers and staff, identifying their specific needs and devising plans to ensure all staff are adequately trained.
  • Ensure compliance with the company's established policies and procedures.
  • Adjudicate CMHC-insured credit facilities, ensuring the request falls within the Company's lending and regulatory requirements and is in compliance with the Company's delegated authority limits.
  • Develop, implement, and maintain production and service metrics to measure and support best-in-class turnaround times on completion of underwriting tasks.
  • Continuously identify and implement improvements to processes to increase department efficiencies, improve customer service levels, and ensure ongoing compliance with risk and regulatory requirements.
  • Communicate and co-operate with internal and external parties to maintain long-standing relationships.
  • Oversee ongoing, timely completion of regular reporting for senior levels of management.
  • Provide overflow support to CFG Underwriting by taking on new business underwriting assignments.
  • Assist with department projects or company initiatives as needed.

Requirements

  • Post-secondary education in business or finance, MBA/CFA preferred.
  • Minimum of 10 years multi-family-insured/commercial mortgage experience with a minimum of 3-5 years of management experience.
  • Highly developed verbal and written communication skills with the ability to communicate to Senior Management, Partners, and Borrowers in a clear, concise, and professional manner.
  • Proven ability to inspire a team to work toward a set of goals and objectives.
  • Advanced technical knowledge of commercial lending, financial statement analysis, and factors affecting the Canadian commercial lending environment.
  • Possess a detailed understanding of macro factors affecting the CMHC-insured multi-family lending environment.
  • Detail-oriented individual with a high level of integrity.
  • Demonstrated service excellence within their field.
  • In-depth knowledge of AML/ATF regulations and Corporate/Legal documentation for commercial real estate in multiple jurisdictions across Canada.
  • Proven ability to thrive in a constantly changing environment and to perform well in a high-volume, high-intensity environment.
  • Effective analytical and problem-solving skills.
  • Strong organizational and time management skills.
  • Ability to handle multiple competing priorities.
  • Proficient in MS Office.

What We Offer

  • Competitive discretionary bonus.
  • Market-leading RRSP match program.
  • Medical, dental, vision, life, and disability benefits.
  • Employee Share Purchase Plan.
  • Maternity/Parental top-up while you care for your little one.
  • Generous vacation policy, personal days, and moving day.
  • Virtual events to connect with your fellow colleagues.
  • Annual professional development allowance and a comprehensive Career Development program.

  • Director, Commercial Credit, Equitable Group

    1 month ago

    Old Toronto, Ontario, Canada Equitable Group Full time

    Transforming BankingAt Equitable Group, we're redefining the banking experience. Our team of innovators is dedicated to delivering exceptional results and pushing the boundaries of what's possible. As a Director, Commercial Credit, you'll play a key role in shaping our commercial lending strategy and driving growth.The OpportunityWe're seeking a seasoned...

  • Commercial Credit Director

    4 weeks ago

    Toronto, Ontario, Canada Equitable Bank Full time

    About 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 Credit team, you will be responsible for providing support, guidance, and ongoing training to department managers and staff, identifying their specific needs and devising plans to ensure all staff are...

  • Director, Commercial Credit, CMHC

    1 month ago

    Toronto, Ontario, Canada Equitable Group Full time

    Transforming Banking TogetherAt Equitable Group, we're redefining the banking experience by embracing innovation and challenging the status quo. Our team is comprised of forward-thinking individuals who thrive in a fast-paced environment, driving change and excellence in every aspect of our business.The OpportunityWe're seeking a seasoned Director,...

  • Commercial Credit Director

    4 weeks ago

    Toronto, Ontario, Canada Equitable Bank Full time

    About the RoleThe Director of Commercial Credit will play a key role in supporting the growth and success of Equitable Bank's commercial lending business. This is an exciting opportunity for a seasoned professional to lead a high-performing team and drive business results.Key ResponsibilitiesProvide guidance and training to department managers and staff to...

  • Senior Commercial Credit Underwriter

    2 weeks ago

    Toronto, Ontario, Canada Equitable Bank Full time

    Job Title: Director, Commercial Credit, CMHCThis role requires a seasoned professional with extensive experience in commercial credit risk management, underwriting, and portfolio management. The ideal candidate will have a deep understanding of the Canadian commercial lending environment and the ability to analyze complex financial data.Key...

  • Commercial Banking Credit Analyst

    4 weeks ago

    Toronto, Ontario, Canada BMO Full time

    About the RoleThe Credit Analyst will work closely with a Director to review and assess credit qualities of new and existing loans within the Commercial Real Estate industry. This role requires strong analytical and problem-solving skills, as well as the ability to maintain a client service environment that meets and exceeds customer needs and...

  • Commercial Banking Credit Analyst

    4 weeks ago

    Toronto, Ontario, Canada BMO Full time

    About the RoleThe Credit Analyst works closely with a Director to review and assess credit qualities of new and existing loans on an assigned portfolio of clients within the Prairies region. The successful candidate will demonstrate strong accountability, a strong work ethic, and a good foundation of commercial real estate and lending knowledge.Key...

  • Credit Director

    2 weeks ago

    Toronto, Ontario, Canada Fitch Solutions Full time

    About the RoleWe are seeking an experienced Director to join our Utilities and Midstream sector team in New York, Chicago, or Toronto.As a Director, you will be responsible for analyzing key quantitative and qualitative factors influencing credit quality of companies in the Utilities and Midstream sectors.You will develop and maintain comprehensive financial...

  • Senior Commercial Markets Director

    4 weeks ago

    Toronto, Ontario, Canada Royal Bank of Canada Full time

    Job Title: Senior Commercial Markets DirectorJob Summary:We are seeking a highly skilled and experienced Senior Commercial Markets Director to join our team at Royal Bank of Canada. As a key member of our Commercial Financial Services (CFS) team, you will be responsible for driving business growth and development in the Senior Commercial Markets segment.Key...

  • Senior Commercial Markets Director

    4 weeks ago

    Toronto, Ontario, Canada Royal Bank of Canada Full time

    Job Title: Senior Commercial Markets DirectorJob Summary:We are seeking a highly skilled and experienced Senior Commercial Markets Director to join our team at Royal Bank of Canada. As a key member of our Commercial Financial Services (CFS) client segment, you will be responsible for managing a portfolio of large commercial clients, providing exceptional...

  • Senior Manager Commercial Credit Risk

    1 month ago

    Toronto, Ontario, Canada NBC Full time

    Job 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...

  • Senior Commercial Markets Director

    4 weeks ago

    Toronto, Ontario, Canada Royal Bank of Canada Full time

    Job Title: Senior Commercial Markets DirectorJob Summary:We are seeking a highly skilled and experienced Senior Commercial Markets Director to join our team at Royal Bank of Canada. As a key member of our Commercial Financial Services division, you will be responsible for leading our Senior Commercial Markets client segment and driving business growth...

  • Director of Product Commercialization

    4 weeks ago

    Old Toronto, Ontario, Canada Plusgrade Inc Full time

    Director, Product CommercializationWe are shaping the future of travel by partnering with 200+ airline, hospitality, cruise, passenger rail, and financial services companies to create new revenue streams through customer experiences. Our core values of being ambitious, innovative, and collaborative drive us to continuously raise the bar and exceed...

  • Commercial Director

    2 weeks ago

    Toronto, Ontario, Canada Ontario Inc. Full time

    Job Title: Commercial DirectorAbout the Role:We are seeking a highly experienced Commercial Director to lead the commercial functions of our organization at Ontario Inc. The Commercial Director will be responsible for developing and implementing commercial strategies to drive business growth and profitability.Key Responsibilities:Develop and implement...

  • Director Credit Risk

    2 weeks ago

    Toronto, Ontario, Ontario, Canada BJRC Recruiting Full time

    Director, Residential Mortgage Credit Risk ManagementOverviewOur client, a leading financial institution in Toronto is seeking an experienced Director for the oversight of residential mortgage lending (RESL) activities, including quantitative portfolio analysis. This individual will be responsible for approving policy exceptions and mortgage purchases within...

  • Commercial Credit and Risk Analyst Intern

    4 weeks ago

    Toronto, Ontario, Canada VOLKSWAGEN Group Full time

    Job SummaryVolkswagen Financial Services is seeking a highly motivated and detail-oriented intern to join our Commercial Credit and Risk team. As a Commercial Credit and Risk Analyst Intern, you will assist in providing day-to-day support to the Commercial Credit Specialist and Commercial Risk Analysts.Key ResponsibilitiesAssist in regular payment processing...

  • Bilingual Commercial Credit Analyst

    3 weeks ago

    Toronto, Ontario, Ontario, Canada MXA Talent Solutions Full time

    BILINGUAL COMMERCIAL CREDIT ANALYSTProject Finance Experience is a great asset. FLUENCY IN FRENCH IS A MUST!Our client is seeking a Credit Analyst to join their team in Toronto. The company is expanding and provides services in structured/ infrastructure financing.The ideal candidate has come from a lending institution and knows about loan agreements, risks...

  • Credit Risk Director

    4 weeks ago

    Toronto, Ontario, Canada Healthcare of Ontario Pension Plan Full time

    About the RoleWe are seeking a highly skilled Credit Risk Director to join our team at the Healthcare of Ontario Pension Plan. As a key member of our investment risk team, you will play a critical role in supporting the achievement of our business objectives.Key ResponsibilitiesDevelop and maintain credit risk measurement frameworks, including PD/LGD...

  • Commercial Credit Manager

    4 weeks ago

    Toronto, Ontario, Canada Equitable Bank Full time

    About 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

    4 weeks ago

    Toronto, Ontario, Canada Equitable Bank Full time

    About 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...