Join Fairstone Bank as the Director of Mortgage Collections & Default Recovery, where you will lead the operational strategy for mortgage recovery efforts in our inclusive work environment. This role encompasses leadership across the collections lifecycle, implementing effective loss mitigation and ensuring regulatory compliance. Collaboration with diverse teams and external partners is essential as you guide strategies that maximize recovery rates while protecting customer interests.

Key Responsibilities:

- Design and execute recovery strategies to manage delinquency
- Lead legal recovery strategies throughout Canadian jurisdictions
- Optimize processes for property management and sales
- Evaluate portfolio metrics and implement control measures
- Develop talent and foster a collaborative team setting Requirements:
- 10+ years of experience in mortgage collections
- 5 years of senior management experience in financial sectors
- Comprehensive knowledge of mortgage enforcement and credit risk
- Capability in managing external counsel and services
- Proficient in performance analytics and operational systems Leverage your expertise to enhance mortgage collections strategies and customer fairness at Fairstone Bank.

📌 Director Mortgage Default Recovery at Fairstone (Toronto)
🏢 Socket.dev
📍 Toronto