Senior Director/ Head of Credit Analysis & Adjudication

Shinhan Bank Canada

Toronto

On-site

CAD 180,000 - 240,000

Full time

3 days ago

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Job summary

Shinhan Bank Canada is seeking a Senior Director/Head of Credit Analysis & Adjudication to lead credit strategy, risk management, and approval governance for retail and commercial lending.

You will guide policy evolution, oversee the loan portfolio, and ensure regulatory compliance while mentoring a high-performing team. The role reports to the CEO and interfaces with the Board.

Qualifications

15+ years of senior experience in credit-related position in the financial service industry, ideally leading an enterprise credit and lending function.
Experience with industry best practices and professional standards in Canada.
Proven ability to implement strategies for change, enterprise thinking, and gain buy-in to large-scale enterprise programs.
Superior interpersonal and leadership skills, oral and written communication, and awareness of regulatory changes.

Responsibilities

Oversee retail and commercial lending activities and credit adjudication ensuring compliance with policies, laws and guidelines.
Review and approve mortgage and other credit decisions delegated by CEO or committees.
Lead risk management, asset quality, loan portfolio oversight and delinquency control.
Develop and implement risk-based credit policies and remediation action plans.
Provide leadership and development for the credit analysis and adjudication team.

Skills

Planning & Organizing

Risk, compliance & audit mindset

Canadian laws & regulations

Local market knowledge

Policy development processes

Specialized subject matter expertise

Adaptability & flexibility

Learning mindset

Collaboration & teamwork

Effective interactive communication

Initiative

Innovativeness

Execution skills

Presentation skills

Conceptual thinking

Conflict management

Result orientation

Strategic orientation

Developing others

Impact and influence

Team leadership

Organizational awareness

Relationship building

MS Office

ERP Software

Job related software

Education

Bachelor's degree in accounting, finance or related field

MBA (asset)

Tools

MS Office

ERP Software

Job related software

Job description

The Senior Director/ Head of Credit Analysis & Adjudication reports directly to the CEO and occasionally to the Board of Directors.

The Senior Director/ Head of Credit Analysis & Adjudication is responsible for managing the retail and commercial lending activities of the Bank as per policies and guidelines and supervise any loan-related legal procedures and asset soundness.

The objective of the Department is to drive asset quality and reduce financial risks of the Bank by providing analytical expertise and providing risk-based expertise on lending activities.

Key Responsibilities & Accountabilities

Ensure all retail and commercial lending activities including credit approval are in compliance with all sound business practice, credit risks, legislation, regulations, policies and guidelines
Review and approve residential mortgage loans for which CEO has delegated authority
Review and recommend credit decisions for CEO, Executive Loan Committee, and Board of Directors for retail and commercial loan cases requiring approval
Manage and control the retail and commercial lending activities and collection activities of the Bank
Monitor and control the nature and composition of the Bank's loan portfolio
Ensure delinquency control systems are in place and perform legal procedures (including litigations) and management of impaired loans
Supervise and manage the Bank’s operations related to asset soundness to maintain proper loan loss allowances
Recommend credit risk management planning and procedures
Recommend changes to the loan policies and guidelines of the Bank
Provide leadership to the department, ensuring that the team members have the requisite skills, knowledge, and competencies to deliver an effective department function of credit analysis and adjudication
Foster a cohesive team, focused on customer service, collaboration and promote a positive work environment
Develop and implement procedures where issues are identified, risk assessed and tracked to remediation with detailed action plans, and timelines for successful resolution
Comply with or operate in accordance with applicable laws, regulations, and prescribed practices relating to its banking business activities in all jurisdictions in which the Bank operates
Develop and implement procedures where issues are identified, risk assessed and tracked to remediation with detailed action plans, and timelines for successful resolution
Ensure a sound compliance culture and mindset – through effective training and communication to ensure employee engagement and awareness.

Job Requirements

Education Requirements

Bachelor’s degree in accounting, finance or other related field required; MBA, is considered an asset

Work Experience Requirements

15+ years of senior experience in credit-related position in the financial service industry, ideally leading an enterprise credit and lending function

Experience with industry best practices and professional standards in Canada
Proven ability to implement strategies for effecting change, enterprise thinking, and the ability to effective gain buy-in to large scale enterprise implementation of programs
Superior interpersonal and leadership skills, oral and written communication and ability to anticipate and guide the impact of legislative/regulatory changes on the Bank

People Management Experience Requirements

At least 5 year(s)

Knowledge & Skills