Commercial Mortgage Portfolio Manager

1 day ago


Toronto, Ontario, Canada Equitable Bank Full time
Job Summary

The Commercial Mortgage Portfolio Manager will be responsible for managing and administering complex delinquent and problem commercial mortgages while minimizing losses to the Bank. This role involves processing loans for legal action, conducting financial reviews, and recommending legal remedies to Senior Management. The incumbent will work closely with the Mortgage Services team to manage, monitor, and resolve commercial delinquencies and default loans.

Key Responsibilities

• Manage and administer complex delinquent and problem commercial mortgages
• Process loans for legal action and conduct financial reviews
• Recommend legal remedies to Senior Management
• Work closely with the Mortgage Services team to manage, monitor, and resolve commercial delinquencies and default loans

Requirements

• Minimum of 5-7 years of commercial mortgage experience or related field
• Business degree or related discipline, and/or CPA or similar professional designation
• Understanding of mortgage enforcement remedies and foreclosures across Canada
• Effective analytical and problem-solving skills
• Strong technical knowledge of secured lending and commercial mortgage market
• Excellent communication and negotiation skills
• Ability to work independently and as part of a team

What We Offer

Equitable Bank offers a competitive discretionary bonus, market-leading RRSP match program, and a range of benefits including medical, dental, vision, life, and disability insurance. Additionally, the bank provides an employee share purchase plan, maternity/parental top-up, generous vacation policy, and professional development opportunities.

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