Senior Manager, Portfolio Management, Commercial Finance Group (CFG)

Join a Challenger Being a traditional bank just isn’t our thing, so we challenge ourselves to get creative in providing innovative banking solutions for Canadians. How do we get there? With a talented team of inquisitive and agile challengers that break through the status quo. So, 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, and today we serve more than 800,000 customers across Canada through Equitable Bank, Canada's Challenger Bank™, and have been around for more than 50 years. Equitable Bank's wholly-owned subsidiary, Concentra Bank, supports credit unions across Canada that serve more than six million members. Together we have over $142 billion in combined assets under management and administration, with a clear mandate to drive change in Canadian banking to enrich people's lives. Our customers have named our EQ Bank digital platform (eqbank.ca) one of the top banks in Canada on the Forbes World's Best Banks list since 2021.  The Work The Senior Manager, Portfolio Management, CFG will be a key member of the Commercial Portfolio Management team.  Reporting to the Director, Portfolio Management, the incumbent will lead a team of Account Managers and assist the Sr. Manager in the management and prudent oversight of an assigned portfolio of both conventional commercial and construction mortgages secured by all major asset classes in markets throughout Canada.  The overall CFG portfolio is $3B+ in size, with loans ranging in size from $5.0 million to $50.0 million+.    Key responsibilities include managing, supervising and mentoring an assigned group of Account Managers and Underwriting Associates to ensure individual responsibilities are being completed in accordance with Company policies, procedures and priorities such that the CFG portfolio and more specifically, the construction portfolio is comprehensively controlled and within approved guidelines.  This is to be achieved, in part, via completion of ongoing loan monitoring, annual reviews, renewals, and amendments/modifications. Appropriate use of delegated authority to recommend and approve transactions will be critical to success in this role.  In addition, the Senior Manager support of the Bank’s goal of delivering a superior customer experience by ensuring the Account Managers thoroughly understand and respond to the needs of their respective clients in a timely manner.  The Manager will also assist and encourage the team to develop and maintain strong relationships with their assigned clients.