Credit Risk Specialist – Mortgage Special Assets

Posted 17 hours ago

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About the role

  • Credit risk specialist analyzing and managing commercial mortgage exposures at Manulife, an international financial services provider. Supporting underwriting, workouts, portfolio monitoring, and senior credit decisions.

Responsibilities

  • Oversee below-investment-grade loan exposures across GA and MBC portfolios
  • Prepare Deal Overview summaries and proactively manage assigned files
  • Collaborate with regional offices to finalize risk ratings and identify, monitor, and manage problem loans
  • Conduct credit analysis and underwriting of real estate mortgage transactions
  • Maintain evidence supporting credit review and approval decisions
  • Participate in loan workout and resolution discussions
  • Evaluate and negotiate workout strategies
  • Assess and recommend expected credit losses and provisioning adjustments
  • Coordinate required Senior Management approvals
  • Maintain comprehensive loan documentation and records related to workout and resolution of BIG loans
  • Support analysis and documentation of post-closing matters
  • Review new mortgage investment opportunities for MBC and provide credit risk analysis and adjudication
  • Manage MBC loan maturities and discharges with MSA and Specialized Lending teams
  • Prepare and review 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
  • Report directly to the Director, Mortgage Special Assets

Requirements

  • 3+ years of commercial mortgage lending or related experience
  • Bachelor’s degree, preferably in Finance, Business, Economics, or a related discipline
  • Proficiency with Microsoft Applications (Excel, Word, Outlook)
  • Strong portfolio management skills and reporting capabilities
  • Excellent time management and organizational skills
  • Ability to multitask, manage competing priorities, and respond effectively to urgent and time-sensitive requests
  • Ability to interact effectively and professionally with Senior Management, front and back offices, and external stakeholders
  • Excellent oral and written communication and presentation skills
  • Experience working effectively with internal and external audit, representing the Business Unit
  • Ability to thoroughly review qualitative and quantitative analysis for a broad business audience
  • Excellent analytical, problem-solving, and decision-making skills
  • Experience with credit risk analysis and recommendations regarding risk ratings, accrual status, charge-downs, and charge-offs is an asset
  • Exposure to automated reporting, such as PowerBI, is an asset

Benefits

  • Incentive programs and incentive compensation tied to business and individual performance
  • Flexible work environment
  • Health insurance
  • Dental insurance
  • Mental health benefits
  • Vision insurance
  • Short- and long-term disability insurance
  • Life and AD&D insurance coverage
  • Adoption/surrogacy benefits
  • Wellness benefits
  • Employee/family assistance plans
  • Retirement savings plans, including pension and global share ownership plan with employer matching contributions
  • Financial education and counseling resources
  • Paid holidays, vacation, personal, and sick days
  • Statutory leaves of absence
  • Learning and career development support
  • Inclusive workplace

Job title

Job type

Full Time

Experience level

Mid levelSenior

Salary

CA$73,725 - CA$122,875 per year

Degree requirement

Bachelor's Degree

Location requirements

HybridTorontoCanada

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