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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. The Work The Director, Credit Risk reports to the Vice President, Credit Risk and supports Senior Management with respect to all aspects of credit risk management in the Bank. The Director will be responsible for assisting in the development and operationalization of credit risk strategies and will oversee all loan portfolios with the objective of maintaining high quality lending and risk mitigation strategies. Key aspects of the role are credit adjudication, governance, strategic initiatives, and managing key internal relationships enterprise-wide to champion risk and credit culture at the Bank. Credit Adjudication Approve Commercial loan extensions, renewals, and annual reviews in accordance with Delegated Lending Authorities Recommend for approval and elevate transactions and exceptions above the Director’s lending authorities as necessary to the Senior Director Credit Risk Management, the VP & Chief Credit Officer or the SVP & Chief Risk Officer Credit Risk Governance Provide independent and effective challenge to credit policy and credit procedure changes, amendments, and work collaboratively on recent developments as proposed by the Business Lines Monitor the loan portfolios for relevant trends, insights and provide ad-hoc credit risk reports to members of senior management and to support quarterly board reporting Liaise and maintain strong relationships with the credit functions across the business lines to ensure credit policies are adhered to in the organization Monitor exception frameworks in the business lines and observe relevant trends and insights Support the development of responses to recommendations/requests from OSFI and Internal Audit Support the VP & CCO and Quality Assurance leaders in ongoing and continuous improvement initiatives to generate operational efficiencies New Products and Initiatives Support with credit risk input to the development and ongoing maintenance of the Advanced Internal Ratings Based Risk Rating systems Ensure proposed products are in alignment with the bank’s credit risk appetite as articulated in credit policies and procedures and that satisfactory risk mitigation strategies have been discussed and documented Support the Risk team by identifying elements and/or issues during product development that require ERM or Compliance oversight Let's Talk About You! Have a minimum of 8 years of lending experience with expertise in a combination of commercial banking, retail lending including Single Family mortgages, construction and commercial mortgages, and portfolio management experience Post-secondary education (diploma/degree), preferably in business or finance with an MBA or accounting designation Demonstrated leadership skills and strategic thinking Proven ability to thrive in a constantly changing workplace and to perform well in a high volume, high intensity environment Proven ability to inspire a team to work toward a set of goals and objectives Highly developed verbal and written communication skills with the ability to communicate to Senior Management, the Board of Directors in a clear, concise and professional manner Deep understanding of real estate/commercial/asset-based underwriting and valuation techniques, determination and capitalization of Net operating Income, financial statement analysis, secured lending and factors affecting the mortgage market Strong analytical and problem-solving skills Strong organizational and time management skills Ability to handle multiple competing priorities What we offer (For full‑time permanent roles) Competitive discretionary bonus ✨ Market leading RRSP match program

Apply on Kit Job: kitjob.ca/job/2g9dg4

📌 Credit Risk Strategy Director (Toronto)
🏢 EQ Bank
📍 Toronto