About the job
Become Part of a Revolutionary Bank
At Equitable Bank, we embrace innovation over tradition, striving to offer groundbreaking banking solutions tailored for Canadians. We believe in challenging the norms and are driven by creativity and ambition.
Our success is powered by a dynamic team of curious and adaptable individuals who aim to redefine the banking landscape while enjoying the journey. If you are eager to make an impact in the financial world and have fun doing it, this could be your next significant career move.
With over 50 years in operation, Equitable Bank proudly serves more than 780,000 customers across Canada through our flagship brand, EQ Bank, recognized as one of the top banks in Canada by Forbes since 2021. In partnership with Concentra Bank, we support credit unions that serve over six million members, managing assets exceeding $138 billion. Our mission is to drive transformative change in Canadian banking and enhance the lives of our customers.
The Role
The Senior Manager of Portfolio Management for Business Enterprise Solutions (BES) is a pivotal member of our Commercial Credit team, reporting directly to the Director of BES Portfolio Management. This role involves mentoring team members and ensuring efficient operations in the underwriting of complex commercial mortgage loans, which can reach up to $5 million, secured by various asset classes across Canada.
Key responsibilities include thorough oversight of the BES portfolio, ensuring that credit risk assessments align with the Bank’s risk appetite. The Senior Manager will oversee ongoing loan monitoring, annual reviews, renewals, and modifications, ensuring they meet approved guidelines. Working closely with the BES Portfolio Manager and Director, the Senior Manager will manage credit flow and authorize or recommend renewals and reviews based on delegated authority.
Additionally, the Senior Manager will contribute to delivering an exceptional customer experience by proactively resolving issues and ensuring timely completion of underwriting tasks by team members.
About Equitable Bank
Equitable Bank is a leading Canadian Challenger Bank with a legacy spanning over 50 years, dedicated to innovating banking solutions that meet the evolving needs of Canadians. With a commitment to customer-centric service and operational excellence, we are reshaping the financial services landscape.