Credit Risk Specialist managing mortgage special assets for Manulife. Analyzing credit risk and supporting resolution discussions with Senior Management in a hybrid environment.
Responsibilities
Oversight of BIG loan exposures across GA and MBC, including preparation of Deal Overview summaries and proactive management of assigned files, in collaboration with regional offices to finalize risk ratings and identify, monitor, and manage problem loans
Conduct credit analysis and underwriting of real estate mortgage transactions across the GA BIG and MBC portfolios, ensuring maintenance of evidence supporting credit review and approval decisions
Participate in loan workout and resolution discussions, including evaluation and negotiation of workout strategies, assessment and recommendation of expected credit losses and provisioning adjustments, and coordination of required approvals from Senior Management
Maintain comprehensive records of loan documentation, third-party reports, internal approvals, memoranda, legal documentation, and correspondence related to the workout and resolution of BIG loans for both GA and MBC
Support analysis and documentation of post-closing matters across the GA BIG and MBC mortgage portfolios in accordance with operating guidelines
Participate in the review of new mortgage investment opportunities for MBC in partnership with REFG Production, providing credit risk analysis and adjudication
Manage MBC loan maturities and discharges in collaboration with MSA and Specialized Lending teams, ensuring timely resolution and accurate documentation
Assist in the preparation and review of presentation materials for GA Quarterly Loan Review Committee and MBC Credit Committee meetings
Compile and analyze real estate market research, statistics, and data across Canada and the United States to support mortgage underwriting, portfolio analysis, and informed credit decision-making
Requirements
3+ years of commercial mortgage lending or related experience
Bachelor’s degree, preferably in Finance, Business, Economics, or a related discipline
Proficient with Microsoft Applications (Excel, Word, Outlook)
Strong portfolio management skills and reporting capabilities
Excellent time management and organizational skills, with a proven ability to multitask, manage competing priorities, and effectively respond to urgent and time-sensitive requests
Ability to interact effectively and professionally within all levels of the organization, including Senior Management, front and back offices, as well as external stakeholders
Experience working effectively with internal and external audit, representing the Business Unit
Proven ability to provide a thorough review of qualitative and quantitative analysis to a broad business audience
Excellent analytical, problem-solving and decision-making skills
Benefits
health, dental, mental health, vision insurance
short- and long-term disability coverage
life and AD&D insurance
adoption/surrogacy benefits
wellness benefits
employee/family assistance plans
various retirement savings plans (including pension)
global share ownership plan with employer matching contributions
financial education and counseling resources
generous paid time off program including holidays, vacation, personal, and sick days
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