Commercial Loan Restructuring Specialist
3 days ago
About the Role:
">The Special Loans and Restructuring Lead will be responsible for managing complex commercial mortgage default files, ensuring timely resolutions to minimize losses. This role requires strong analytical skills, effective communication, and problem-solving abilities.
">Key Responsibilities:
">- ">
- The incumbent will manage and administer delinquent commercial mortgages, minimizing losses while enforcing loan conditions.">
- 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 crucial 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.">
Requirements:
">- ">
- 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.">
What We Offer:
">- ">
- 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.">
Salary Estimate:
">We estimate the salary range for this role to be around $90,000-$120,000 per year, based on industry standards and location factors.
">About Us:
">We are a dynamic organization committed to providing barrier-free recruitment processes and inclusive work environments. If you're passionate about making a difference and have a proven track record in commercial mortgage management, we encourage you to apply.
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