Specialized Mortgage Portfolio Manager
3 weeks ago
About the Opportunity:
">The Special Loans and Restructuring Lead plays a vital role in our organization, overseeing the resolution of commercial mortgage defaults and ensuring minimal losses. This position demands exceptional analytical skills, effective communication, and problem-solving abilities.
">Key Accountabilities:
">- ">
- The incumbent will manage delinquent commercial mortgages, enforce loan conditions, and provide recommendations to Senior Management.">
- They will perform underwriting/credit analysis, portfolio management, and reporting, supporting the Director in default management functions.">
- Liaising with stakeholders, both internal and external, is essential for determining and negotiating successful workout strategies.">
- The incumbent will conduct site inspections, review financials, and recommend legal remedies to Senior Management.">
- They will work closely with the Mortgage Services team to resolve commercial delinquencies and non-performing loans.">
Qualifications and Skills:
">- ">
- A minimum of 5-7 years of commercial mortgage experience or related fields.">
- 2+ years of defaults experience, with a business degree or related discipline, CPA, or equivalent work experience.">
- Understanding of mortgage enforcement remedies and foreclosures across Canada.">
- Effective analytical and problem-solving skills, with strong technical knowledge of secured lending.">
- Established time management and organizational skills, with proficiency in MS Office.">
Compensation Package:
">- ">
- A competitive discretionary bonus and market-leading RRSP match program.">
- Medical, dental, vision, life, and disability benefits, as well as an Employee Share Purchase Plan.">
- Maternity/Parental top-up and generous vacation policy, plus virtual events to connect with colleagues.">
- An annual professional development allowance and comprehensive Career Development program.">
- A fulfilling opportunity to join one of the top FinTechs and contribute to creating a new kind of banking experience.">
Estimated Salary Range:
">We estimate the salary range for this role to be around $90,000-$120,000 per year, based on industry standards and location factors.
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