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About the role

  • Associate role in Special Loans team overseeing delinquent commercial accounts. Providing direct support for portfolio management and loan collection processes.

Responsibilities

  • Assist the Special Loans team with the management and oversight of the Commercial portfolio of delinquent and problem accounts.
  • Provide direct support to Associate Director, Special Loans on the day-to-day portfolio management and reporting requirements of the team.
  • Perform a variety of functions associated with default management such as preparing/reviewing reports, attending/assisting at meetings, and portfolio management/monitoring.
  • Maintain and action the loan collections process and other related breaches by borrowers on assigned loans.
  • Contact direct clients, internal teams and/or Partners regarding arrears, maturing mortgages, past due taxes, and other non-compliance matters.
  • Assist Senior/Account Managers with the day-to-day management of their respective portfolios.

Requirements

  • Bachelors’ degree or equivalent work experience required.
  • 3+ years’ experience working in commercial banking or commercial mortgage lending.
  • Understanding of mortgage enforcement remedies across Canada would be an asset.
  • Strong attention to details.
  • Strong time management, analytical and problem-solving skills.
  • Established organizational skills and ability to handle multiple competing priorities.
  • Self-starter with the ability to work independently or as team.
  • Highly developed verbal and written communication skills with the ability to respond in a clear, concise and professional manner.
  • Developed and effective negotiation skills, both oral and written.
  • Developed business sense with sound knowledge of secured lending and factors affecting the commercial mortgage market.
  • Proficient user of all Microsoft tools.
  • Knowledge of servicing procedures.

Benefits

  • 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 and personal days
  • Virtual events to connect with your fellow colleagues
  • Professional development and comprehensive Career Development program
  • A fulfilling opportunity to join one of the top FinTechs and help create a new kind of banking experience

Job title

Job type

Full Time

Experience level

JuniorMid level

Salary

Not specified

Degree requirement

Bachelor's Degree

Location requirements

HybridTorontoCanada

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