Director, Credit
Home Trust
- Toronto, ON
- Permanent
- Temps-plein
- Operating within delegated credit authority, exercise sound judgement to provide thorough and timely approvals, recommendations or declines on files requiring exception approval or other designated higher risk transactions.
- Provide appropriate levels of direction, coaching, support and follow-up on files under adjudication and review to the Business. Use expert Credit judgement to help identify/propose solutions for the Business on individual transactions. Provide on-going feedback to the Chief Credit Officer regarding underwriting practices and identify opportunities or provide recommendations to adjust Policies, Guidelines or processes. Provide input in the development of Underwriting and Credit Risk training programs. Maintain and update Credit procedures documents.
- Complete fulsome rationale/notes for credit decisions on individual files and accurately record data points to link into departmental reporting. Where required, complete departmental reports to the Credit Committee and provide ad hoc analysis on adjudication results and workflow management.
- Bachelor's degree required; Additional Master's degree preferred
- Certification(s)/Designation(s) preferred in related area
- 15+ years related experience in financial services lending and/or credit risk with residential mortgage and consumer lending
- Sound knowledge of regulatory environment within financial services industry, particularly Guideline B-20
- Several years of proven expertise in credit adjudication, specifically at an Alt-A lender
- Experience in generating reports and conducting analysis
- Experience in reading and analyzing business financial statements
- Experience in Small Business or Commercial lending/adjudication
- Experience in conducting, reviewing or assessing mortgage
- Experience in managing and mentoring a group or department
- 10+ years related experience in financial services lending and/or credit risk with residential mortgage and consumer lending
- Sound knowledge of regulatory environment within financial services industry particularly Guideline B-20
- Experience in credit adjudication preferably with an Alt A lender
- Experience in reading business financial statements
- Proactive/ takes initiative/ self starter
- Time management, highly organized
- Communication (verbal and written) - excellent
- Multi-tasking in fast paced, deadline driven environment
- MS Office Suite - proficient
- Ability to work effectively within established guidelines
- Analytical thinking
- Numerical analysis
- Team player
- Professional maturity- exceptional
- Bilingualism an asset
- Some work beyond standard hours