Senior Manager, BES, Portfolio Management

eqbank; Toronto; Hybrid; CAD 120,000 - 180,000; Full time

Benefits offered by this job

Competitive discretionary bonus

Market leading RRSP match program

Medical, dental, vision, life, and dis

Employee Share Purchase Plan

Maternity/Parental top-up

Generous vacation policy and personal.

Virtual events

Career development program

Opportunity to join a top FinTech

Job summary

EQ Bank is seeking a Senior Manager, BES, Portfolio Management to lead prudent underwriting of complex conventional commercial mortgage loans across Canada. You will mentor team members, ensure efficient operations, and manage renewals and annual reviews within approved guidelines.

You will drive credit quality and customer experience while collaborating with the BES Portfolio Manager and Director to align with risk appetite and corporate goals.

Qualifications

• Experience in prudent underwriting of complex commercial mortgage loans.
• Ability to mentor and guide a team to operate efficiently within risk appetite.

Responsibilities

• Oversee BES portfolio and ensure credit risk is thoroughly assessed.
• Approve or recommend commercial mortgage renewals and annual reviews within delegation.
• Monitor renewal and annual review pipeline and credit flow.
• Support delivering a superior customer experience by addressing issues promptly.

Skills

Credit risk assessment

Underwriting

Portfolio management

Mentoring

Team leadership

Job description

Join a Challenger

At EQ, we're remaking banking so every Canadian gets ahead, every day. Serving nearly 4 million Canadians from coast to coast, we offer a wide variety of financial services from banking and lending, to trust and credit union solutions.

We've been at this since 1970, challenging the conventions of traditional banking with smarter, faster, and more connected financial experiences.

What's kept us moving? The people behind it all: challengers who ask better questions, push back on old assumptions, and look for a better way forward.

If you're driven to help reshape how banking works for Canadians and the businesses that power our economy, this could be your next big opportunity.

We can't wait to get to know you!

The Work

The Senior Manager, BES, Portfolio Management will be a key member of the Commercial Credit team, reporting to the Director, BES, Portfolio Management. The incumbent will be responsible for mentoring and providing guidance to team members while ensuring the team operates efficiently and effectively in the prudent underwriting of complex conventional commercial mortgage loans secured by major asset classes in markets throughout Canada. Commercial mortgage loans range in size and up to $5.0 million.

Key responsibilities include prudent oversight of the BES portfolio, ensuring credit risk is thoroughly assessed and within the Bank's risk appetite. Additionally, the incumbent is responsible for ensuring that ongoing loan monitoring, annual reviews, renewals, and amendments/modifications are reviewed and assessed within approved guidelines. Along with the BES Portfolio Manager and the Director, the Senior Manager will monitor the renewal and annual review pipeline reports, manage credit flow and approve or recommend commercial mortgage renewals and annual reviews according to assigned delegation of authority.

In addition, the Senior Manager will support the Bank's goal of delivering a superior customer experience by proactively addressing issues as they arise while ensuring that team members complete underwriting assignments quickly and efficiently.

What we offer [For full-time permanent roles]

• Competitive discretionary bonus
• Market leading RRSP match program
• Medical, dental, vision, life, and disability benefits
• Employee Share Purchase Plan
• Maternity/Parental top-up while you care for your little one
• Generous vacation policy and personal days
• Virtual events to connect with your fellow colleagues
• Professional development and comprehensive Career Development program
• A fulfilling opportunity to join one of the top FinTechs and help create a new kind of banking experience

The incumbent will be working hybrid and in office time will be spent working from EQ Bank's additional office space located at 2200-25 Ontario Street, Toronto, ON.

Equity, Diversity & Inclusion

EQ is committed to building an inclusive, accessible environment where every employee feels valued, respected, and supported. We believe our organization is stronger - and our people thrive - when we honour and celebrate diverse experiences, identities, and perspectives. We're equally committed to supporting your growth, both professionally and personally.

We provide a barrier‑free recruitment process and work environment. If you require accommodations at any stage, we will work with you to ensure you can bring your best self to the process and beyond.

As part of our recruitment process, EQ uses AI to help screen, assess, and/or select applicants for this position. All AI-enabled outputs are reviewed and validated by our talent team. All candidates considered for hire must successfully complete a criminal background check and credit check. While we appreciate every application, an EQ recruiter will contact only those whose skills and experience most closely match the requirements of the role.

EQB Inc. (TSX: EQB) is the parent company of Equitable Bank, the country's seventh-largest Schedule I bank by assets, which operates EQ Bank, Canada's Challenger Bank™. EQB Inc. serves nearly 4 million Canadians and manages approximately $150 billion in combined assets under management and administration.

To learn more, visit eqb.investorroom.com and eqbank.ca.