Manager, Commercial Portfolio Management, BES

EQ Bank | Equitable Bank; Toronto; Hybrid; CAD 80,000 - 120,000; Full time

Job summary

A leading bank is seeking a Manager of Commercial Portfolio Management. This role involves mentoring team members and overseeing credit risk while ensuring compliance with policies. You will work in a hybrid capacity, fostering relationships within a dynamic team and bringing your expertise in commercial lending.

Benefits

Competitive bonus

Market-leading RRSP match

Comprehensive benefits

Employee share purchase

Parental leave top-up

Generous vacation

Professional development allowance

Virtual events

Qualifications

• Minimum of 5 years experience in commercial real estate lending.
• Technical knowledge of commercial lending and financial analysis is essential.
• Bilingualism is an asset.

Responsibilities

• Mentor team members and oversee credit risk assessments.
• Build relationships with stakeholders to provide optimal service.
• Monitor workflow to meet production and service targets.

Skills

Leadership

Communication

Analytical

Detail-oriented

Education

Post-secondary education in business or finance

Tools

MS Office

Job description

Join a Challenger

Being a traditional bank isn’t our thing, so we challenge ourselves to get creative in providing innovative banking solutions for Canadians.

How do we achieve this? With a talented team of inquisitive and agile challengers that break through the status quo. If you’re passionate about redefining the future of banking—while having fun—this could be your next big opportunity.

Our company continues to grow, serving over 670,000 people across Canada through Equitable Bank, Canada's Challenger Bank, and supporting credit unions via our wholly-owned subsidiary, Concentra Bank. Together, we manage over $125 billion in assets, with a clear mandate to drive change in Canadian banking to enrich people's lives. Our digital platform, EQ Bank (eqbank.ca), has been recognized as one of the top banks in Canada on the Forbes World's 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 Director, Commercial Portfolio Management. You will mentor team members, ensure efficient operations, and oversee credit risk assessments, compliance, and policy adherence.

Key responsibilities include:

• Ensuring compliance with policies and submitting recommendations for management approval based on delegated authority
• Providing support, guidance, and mentoring to team members, resolving challenges, and assessing training needs
• Building strong relationships with internal and external stakeholders to provide optimal service
• Developing and maintaining metrics to measure turnaround times and service quality
• Promoting growth within the business to meet retention objectives
• Assessing credit risk thoroughly within the bank’s risk appetite and policies
• Supporting timely reporting for senior management
• Monitoring workflow to meet production and service targets
• Providing performance feedback and supporting professional development
• Managing and evaluating contract employees, interns, and shadowing employees
• Reviewing compliance and QA audits, compiling feedback, and recording results
• Supporting department projects and initiatives as needed

Let's Talk About You!

• Strong leadership and coaching skills
• Post-secondary education in business or finance preferred
• Minimum of 5 years experience in commercial real estate lending
• Excellent communication skills, capable of engaging with senior management
• Technical knowledge of commercial lending and financial analysis
• High integrity and detail-oriented
• Experience with AML/ATF regulations and legal documentation across Canada
• Ability to adapt to a changing environment and handle high volume work
• Analytical, organized, and capable of managing multiple priorities
• Proficient in MS Office
• Bilingualism is an asset

Job Complexities/Thinking Challenges

• Self-starter with the ability to prioritize and make sound lending decisions efficiently
• Manage complex files requiring creative thinking and proactive problem-solving
• Follow policies, procedures, and regulatory requirements diligently
• Prepare and recommend risk mitigation actions, especially related to AML/ATF risks
• Handle supervisory and mentoring challenges effectively

What we offer [For full-time permanent roles]

Competitive bonus, market-leading RRSP match, comprehensive benefits, employee share purchase, parental leave top-up, generous vacation, virtual events, professional development allowance, and a fulfilling role in a top FinTech environment.

The role is hybrid, based at 2200-25 Ontario Street, Toronto, ON.

Equitable Bank values inclusion and diversity, supporting a barrier-free environment and accommodations for all applicants. Successful candidates will pass a criminal and credit background check.

We look forward to meeting you!