Lead Commercial Credit Specialist
2 weeks ago
We are seeking an exceptional individual to fill the role of Lead Commercial Credit Specialist, joining our dynamic team at Equitable Group. This position plays a critical part in our organization's success, overseeing credit underwriting and portfolio management for our commercial division's Multi-family Insured lending group (CMHC).
The successful candidate will lead a team of Managers, underwriters, and analysts, ensuring the prudent underwriting of $8 billion annually of CMHC-insured multi-family loans across Canada. Additionally, they will be responsible for managing a $20 billion portfolio of insured multi-family product.
Key Responsibilities- Establish and oversee procedures to assess credit risk thoroughly and within the Bank's risk appetite.
- Manage, supervise, and mentor the CMHC Credit team to ensure individual responsibilities are completed according to Company policies, procedures, and priorities.
- Collaborate with the CMHC Credit Managers to manage credit flow, approve or recommend insured mortgage facilities according to assigned delegation of authority, and ensure the portfolio operates within prescribed thresholds.
- A post-secondary education (diploma/degree) in business or finance, preferably with an MBA/CFA.
- A minimum of 10 years' experience in multi-family-insured/commercial mortgage lending, with 3-5 years of management experience.
- Excellent verbal and written communication skills to communicate effectively with Senior Management, Partners, and Borrowers.
- Proven ability to inspire a team to work towards shared goals and objectives.
- Detailed understanding of macro factors affecting the CMHC-insured multi-family lending environment.
- High level of integrity and a detail-oriented approach.
- 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.
- An estimated salary range of $140,000 - $180,000 per annum, based on location and experience.
- 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 colleagues.
- Annual professional development allowance and comprehensive Career Development program.
-
Lead Commercial Credit Specialist
2 weeks ago
Toronto, Ontario, Canada Equitable Bank Full timeAbout the RoleWe are seeking a highly skilled Lead Commercial Credit Specialist to join our team at Equitable Bank. In this role, you will be responsible for overseeing all aspects of commercial credit management, ensuring that transactions are processed efficiently and effectively.Key ResponsibilitiesReview loan analyses submitted by commercial mortgage...
-
Director, Commercial Credit, Equitable Group
1 month ago
Old Toronto, Ontario, Canada Equitable Group Full timeTransforming 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...
-
Director, Commercial Credit Leader
4 weeks ago
Old Toronto, Canada Equitable Group Full timeTransforming Canadian BankingAt Equitable Group, we're challenging traditional banking norms to provide Canadians with better options.Our Commercial Credit team is at the forefront of this innovation, and we're seeking an experienced leader to drive our CMHC-insured multi-family lending group forward.The RoleAs the Director, Commercial Credit Leader, you...
-
Manager, Commercial Credit
6 months ago
Toronto, Canada Scotiabank Full timeRequisition ID: 182115 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **What you'll do in this role?** - Oversee an assigned portfolio, monitors unsatisfactory trends in risk ratings, credit conditions, overdue reporting, annual reviews etc., and initiates corrective action. - Contribute to the...
-
Operational Support Specialist
4 weeks ago
Toronto, Ontario, Canada Randstad Canada Full timeAre you looking for a role that requires a strong understanding of operational support and commercial credit cards? If so, this opportunity at Randstad Canada is for you.The Operational Support Specialist will be responsible for reviewing customer transactional information to populate suspicious transaction reports. This role requires strong analytical...
-
Director, Commercial Credit, CMHC
3 months ago
Old Toronto, Canada Equitable Group Full timep>Join a ChallengerBeing a traditional bank just isn’t our thing. We are big believers in innovating the banking experience because we believe Canadians deserve better options, and we challenge ourselves and our teams to creatively transform what’s possible in banking. Our team is made up of inquisitive and agile minds that find smarter ways of doing...
-
Business Analyst
1 week ago
Toronto, Ontario, Canada VOLKSWAGEN Group Full timeAbout VOLKSWAGEN GroupVOLKSWAGEN Group is a leading provider of mobility solutions for its brand partners. Our company is committed to supporting the Audi, Ducati, and Volkswagen brands and their dealers, specializing in providing accessible mobility solutions for our customers.Our OpportunityWe are seeking a highly motivated and detail-oriented Business...
-
Commercial Credit Risk Senior Director
4 weeks ago
Old Toronto, Canada Canadian Imperial Bank of Commerce Full timeWe're seeking a seasoned Senior Director, Commercial Credit Risk to join our team at the Canadian Imperial Bank of Commerce. As a key member of our Risk Management Framework, this influential role will immerse you in our decision-making environment, strengthening your exposure and awareness of Bank Capital structures, the Three Lines of Defense, and...
-
Senior Leader in Commercial Credit Risk
4 weeks ago
Old Toronto, Canada CIBC Full timeWe are seeking a highly influential Senior Director, Commercial Credit Risk, to join our team at CIBC.This role will immerse the candidate in our comprehensive Risk Management Framework, deepen their understanding of Bank Capital structures, and develop relationships with National leaders in Commercial Banking and Risk. The successful candidate will have the...
-
Credit Analyst
6 months ago
Toronto, Canada Vault Credit Corporation Full time**Company**: Vault is a non-bank private lending company offering a wide array of financial services such as mortgage, leasing and lending products. Vault has a devoted team of experts with years of experience in both financial services and real estate. We are dedicated to delivering products and services that meet the diverse needs of our borrowers, quicker...
-
Commercial Credit Specialist
1 month ago
Old Toronto, Ontario, Canada Aviso Wealth Inc Full timeJob Opportunity: Credit OfficerWe are seeking a highly skilled Credit Officer to join our Operations team at Aviso Wealth Inc.About the Role:The Credit Officer will play a critical role in ensuring the effective monitoring and control of retail credit for our IIROC full brokerage platform.Key Responsibilities:Review and authorize cheques, EFTs, and wires...
-
Credit Officer
5 months ago
Toronto, Canada Central 1 Credit Union Full timeCentral 1 cooperatively empowers credit unions and other financial institutions to deliver banking choice to Canadians. Central 1 provides critical services at scale to enable a thriving credit union system. We do this by collaborating with our clients, developing strategies, products and services to support the financial well-being of their more than 5...
-
Commercial Credit and Risk Analyst Intern
4 weeks ago
Toronto, Ontario, Canada VOLKSWAGEN Group Full timeJob SummaryVolkswagen Financial Services is seeking a highly motivated and detail-oriented Commercial Credit and Risk Analyst Intern to join our team. As an intern, you will have the opportunity to work closely with our Commercial Credit Specialist and Commercial Risk Analysts to provide day-to-day support to the VCCI Commercial Risk Department.Key...
-
Senior Director, Commercial Credit Risk
4 weeks ago
Old Toronto, Canada Canadian Imperial Bank of Commerce Full timeh3>Senior Director, Commercial Credit Risk Time Type: Full time We’re building a relationship-oriented bank for the modern world. p>What you'll be doing The Senior Director, Commercial Credit Risk is an influential role in a decision-making environment. Time in the role will immerse the candidate in our Risk Management Framework, strengthen exposure and...
-
Commercial Credit Officer
4 weeks ago
Old Toronto, Canada Alterna Sa Full timeh3> Credit Officer Community Microfinance Program Job Category: Community ImpactRequisition Number: CREDI003138Posted: November 1, 2024Employment Type: Full-TimeLocationsLocation: Toronto, ON M4W1A9, CANDescriptionScope of PositionThe Credit Officer, Community Microfinance Programs administers a portfolio which consists of micro and small business...
-
Director, Commercial Credit, CMHC
3 months ago
Old Toronto, Canada Equitable Group Full timeJoin a ChallengerBeing a traditional bank just isn’t our thing. We are big believers in innovating the banking experience because we believe Canadians deserve better options, and we challenge ourselves and our teams to creatively transform what’s possible in banking. Our team is made up of inquisitive and agile minds that find smarter ways of doing...
-
Commercial Credit and Risk Specialist Intern
2 weeks ago
Toronto, Ontario, Canada VOLKSWAGEN Group Full timeJob Description:Volkswagen Financial Services, a subsidiary of the Volkswagen Group, is dedicated to providing accessible mobility solutions for its brand partners. As a Commercial Credit and Risk Specialist Intern, you will play a key role in supporting the VCCI Commercial Risk Department.About Us:We are committed to supporting Audi, Ducati, and Volkswagen...
-
Senior Director, Commercial Credit Risk
4 weeks ago
Old Toronto, Canada CIBC Full timep>We’re building a relationship-oriented bank for the modern world. comWhat you'll be doingThe Senior Director, Commercial Credit Risk is an influential role in a decision-making environment. Time in the role will immerse the candidate in our Risk Management Framework, strengthen exposure and awareness of Bank Capital structures, the Three Lines of...
-
Senior Commercial Credit Underwriter
3 weeks ago
Toronto, Ontario, Canada Equitable Bank Full timeJob 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...
-
Old Toronto, Canada Nova Credit Full timeAbout the RoleNova Credit is seeking a seasoned Information Security Architect to spearhead its global information security vision, strategy, and compliance. As the architect of our information security program, you will be responsible for shaping the continued growth and maturity of the sector.Coordinate internal and external cyber and information security...