Manager Commercial Portfolio Management Business Enterprise Solutions BES
Manager Commercial Portfolio Management Business Enterprise Solutions BES
Posted on :
15-03-2025
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1 Vacancy
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Job Description
Join a Challenger
Being a traditional bank just isnt 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 whats possible in banking. Our team is made up of inquisitive and agile minds that find smarter ways of doing things. If youre not afraid of taking on big challenges and redefining the future you belong with us. Youll get to work with people who will encourage you to reach new heights. We like to keep things fun ask questions and learn together.
We are a big (and growing! family. Overall we serve more than 670000 people acrossCanadathrough Equitable BankCanadasChallenger Bank and have been around for more than 50 years. Equitable Banks whollyowned subsidiary Concentra Bank supports credit unions acrossCanadathat serve more than six million members. Together we have over$125 billionin combined assets under management and administration with a clear mandate to drive change in Canadian banking to enrich peoples lives. Our customers have named our EQ Bank digital platform eqbank one of the top banks in Canada on the Forbes Worlds Best Banks list since 2021.
The Work
The Manager Commercial Portfolio Management will be a key member of the Commercial Credit team reporting to the Senior Manager Commercial Portfolio Management. The incumbent will be responding for mentoring and providing guidance to team members while ensuring the team operates efficiently and effectively providing optimum service. Key responsibilities include prudent oversight of the BES portfolio ensuring credit risk is assessed thoroughly adhering to established policies procedures and meeting compliance and control requirements.
The core parts of your role would be to:
- Ensure compliance with the companys established policies and procedures with recommendations submitted for approval to management based on approved delegations of authority
- Provide support guidance and mentoring to the Mortgage Coordinator. The incumbent will also be responsible for resolving day to day challenges assessing the individual staff members training needs and ensure that they are met so that the individual is able to perform their job effectively.
- Develop and maintain strong working relationships with internal colleagues as well as external contacts in order to provide optimal service to our clients
- Develop implement and maintain production and service metrics to measure and support bestinclass turnaround times on completion of portfolio underwriting/renewals/annual reviews with a goal of exceeding customer service accountability and transparency targets
- Promote organic growth within the business in order to target the retention objective of BES maturities
- Ensure that credit risk is thoroughly assessed and within the Banks risk appetite and the General Investment and Lending Policy by targeting the minimum completion ratio and timeline thresholds on annual reviews
- Support in the timely completion of regular reporting for senior levels of management including but not limited to maturities annual review etc.
- Monitor pipeline workflow to ensure production and service metrics are met within prescribed timelines
- Provide valuable timely feedback on team member performance to management
- Motivate and support the professional growth of the Commercial Coordinator including creation and of development plans where appropriate
- The incumbent is responsible for the management organization training and evaluation of any contract employees interns LDP Associates and job shadowing employees that are assigned to the department
- Ensure Compliance and QA audits are reviewed in a timely manner compile underwriter feedback on deficiencies submit for Senior Manager review and record final results on the audit tracker
- Assist in department projects or company initiatives where needed
Lets Talk About You!
- Strong leadership and coaching skills
- Postsecondary education (diploma/degree) in business or finance preferred
- Have a minimum of 5 years of experience in commercial real estate lending
- Highly developed verbal and written communication skills with the ability to communicate to Senior Management in a clear concise and professional manner
- Sound technical knowledge of commercial lending financial statement analysis and factors affecting the Canadian commercial lending environment
- Detailoriented individual who possesses a high level of integrity
- Demonstrated service excellence with their field
- Working 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 problemsolving skills
- Strong organizational and time management skills
- Ability to handle multiple competing priorities
- Proficient in MS Office (primarily Word and Excel)
- Bilingualism is an asset
Job Complexities / Thinking Challenges:
- The position requires the incumbent to be a selfstarter with the ability to prioritize workflow and make sound lending approval/recommendation decisions as efficiently as possible without compromising credit risk. The incumbent should be prepared to manage files of greater complexity requiring creative and innovative thinking and proactive problem solving. The incumbent is required to follow corporate policies procedures and regulatory requirement in order to properly review files and rationalize the approval/recommendation made. In addition to exercising professional judgement strong problemsolving skills with respect to AML/ATF risk and related documentation are required as the incumbent will be responsible for preparing and recommending risk mitigation actions to the Business Unit Compliance Officer and/or the Compliance Department. The incumbent will also experience the common daytoday challenges that come with supervising and mentoring people.
#LIHybrid
What we offer For fulltime permanent roles
Competitive discretionary bonus
Market leading RRSP match program
Medical dental vision life and disability benefits
Employee Share Purchase Plan
Maternity/Parental topup while you care for your little one
Generous vacation policy and personal days
Virtual events to connect with your fellow colleagues
Annual professional development allowance and a comprehensive Career Development program
A fulfilling opportunity to join one of the top FinTechs and help create a new kind of banking experience
The incumbent will be working hybrid and in office time will be spent working from Equitable Banks additional office space located at 351 King Street East Toronto ON.
Equitable Bank is deeply committed to inclusion. Our organization is stronger and our employees thrive when we honour and celebrate everyones diverse experiences and perspectives. In tandem with that commitment we support and encourage our staff to grow not just in their career path but personally as well.
We commit to providing a barrierfree recruitment process and work environment for all applicants. Please let us know of any accommodations needed so that you can bring your best self to the application process and beyond.All candidates considered for hire must successfully pass a criminal background check and credit check to qualify for hire. While we appreciate your interest in applying an Equitable recruiter will only contact leading candidates whose skills and qualifications closely match the requirements of the position.
We cant wait to get to know you!
Required Experience:
Manager
Employment Type
Full-Time
Key Skills
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