Credit Risk Manager - Commercial Real Estate

Peoples Group; Toronto; Hybrid; CAD 90,000 - 120,000; Full time

Job summary

A boutique financial institution in Toronto is seeking a Credit Risk Manager specializing in commercial real estate. You will leverage your expertise in credit risk management to monitor and assess credit submissions, collaborating closely with the VP of Credit Risk. The ideal candidate will have over 8 years of experience in financial institutions, a solid understanding of regulatory guidelines, and advanced skills in MS Excel and PowerPoint. This role offers a hybrid work environment and a competitive salary ranging from $90,000 to $120,000 annually.

Benefits

Flexible and hybrid work environment

Competitive salary and discretionary profit sharing

Qualifications

• 8+ years of experience in commercial real estate and retail lending.
• Proficient with latest regulatory guidelines.
• Experience in credit risk management.

Responsibilities

• Work closely with VP Credit Risk on credit submissions.
• Suggest credit solutions based on analysis.
• Monitor and review credit portfolio regularly.

Skills

Analytical skills

Commercial credit skills

Attention to detail

Interpersonal skills

Education

Post-secondary degree or financial/accounting designation

Tools

MS Excel

MS PowerPoint

Job description

Credit Risk Manager - Commercial Real Estate

Join to apply for the Credit Risk Manager - Commercial Real Estate role at Peoples Group

Credit Risk Manager - Commercial Real Estate

Join to apply for the Credit Risk Manager - Commercial Real Estate role at Peoples Group

About Us

Peoples Group is a boutique Financial Institution with offices located in Toronto, Vancouver, Montreal and Calgary that has been in the Canadian marketplace for over 35 years. Our mission is to exceed our customers' expectations by providing exceptional customer service backed by extensive product knowledge and experience.

About Us

Peoples Group is a boutique Financial Institution with offices located in Toronto, Vancouver, Montreal and Calgary that has been in the Canadian marketplace for over 35 years. Our mission is to exceed our customers' expectations by providing exceptional customer service backed by extensive product knowledge and experience.

Our culture here at Peoples Group is formed by our values; Strength-Based, Relationship Focused, and Passionate Execution. We believe people don't choose a company to work for; they choose a company to join. We also believe that people come first and each day we strive to be willing, trustworthy, and creative.

About The Work Environment

Peoples Group offers a flexible and hybrid work environment. In this role you will work a combination of in-office and remotely from home. Typically, you'll be working regular business hours, Monday to Friday between 8 : 00am and 4 : 30pm with flexibility around start & end times.

We are hiring for this position out of our Toronto and Vancouver offices. Successful candidates who apply outside of these areas will be expected to relocate and reside in a location that is within a commutable distance.

About You

You have developed your business and credit risk acumen through varied experience working within regulated financial institutions (FI’s) and are comfortable with multi-faceted job responsibilities associated with boutique / specialized FI’s. Through your firsthand experience you are highly knowledgeable in commercial real estate construction financing particularly (multi-family properties) and term financing including underwriting, assessment, key risk identification, measurement, and mitigation of credit risk. You have a knack for proactively monitoring a commercial credit portfolio, have a keen eye for key details and are knowledgeable of current & emerging domestic real estate market conditions.

About The Qualifications

• Post-secondary degree or a financial or accounting designation.
• 8+ years of relevant experience in commercial real estate and retail lending in a financial institution.
• Proven superior analytical and technical commercial credit skills.
• Strong understanding of accounting and financial viability.
• Well versed with latest regulatory guidelines.
• Advanced MS Office, particularly Excel and PowerPoint skills.

About The Day-to-day

Working closely with VP Credit Risk and represents first contact point with business lines on new & renewal commercial credit submissions.

Suggest credit solutions and assist with analysis on transaction structuring.

Monitor, track, and review portfolio on a regular basis and prepare reports

Collaborate and develop strong relationships and work collaboratively with line of business partners.

Develop knowledge of industry sectors, business lines and their latest market trends.

Demonstrate a keen understanding of current and developing regulatory issues, as well as internal policy development and compliance.

Execute pre and post-funding quality assurance check to ensure approved credit conditions are met.

Other duties as assigned.

Compensation

Peoples Group is pleased to offer employees a competitive annual salary and discretionary profit share opportunity. Salary for this position will vary between $90,000 and $120,000 per year depending on the knowledge, skills, abilities & experience that the chosen candidate possess. As part of our recruiting process, shortlisted candidates will be asked their salary expectations for this position.

Help us get to know you better by answering our application questions! Your participation is an expected and essential part of our selection process.

NOTE : This job posting is for an existing vacancy. Peoples Group is an Equal Employment Opportunity employer. Please accept our utmost appreciation for your interest; however, only those applicants under consideration will be contacted.

We value and celebrate individuality while fostering an inclusive workplace for everyone. If there's any way we can support or accommodate you during the selection process, please don't hesitate to let us know.

Seniority level

Seniority level

Mid-Senior level

Employment type

Employment type

Full-time

Job function

Job function

Finance and Sales

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