Director, Real Estate Credit Granting - [ICF396]

Director, Real Estate Credit Granting - [ICF396]

As the Director, Real Estate Credit Granting Ontario, Atlantic, Western (OAW) regions for Capital Markets and Large Businesses in Real Estate Financing, your role involves analyzing, evaluating, authorizing, and making recommendations for complex real estate financing requests, including construction, seniors' residences, and hotels. You will operate within the delegation limits granted, ensuring a healthy and prudent risk management approach. This position reports directly to the Managing Director, Credit Granting OAW.The Director plays a key role in overseeing the credit adjudication of Real Estate Financing transactions within the Bank’s Commercial Financial Services Market. Operating within their delegated lending authority,



the Director ensures that adjudication responsibilities are met with a focus on maintaining the risk profile, aligning with business objectives, optimizing operational effectiveness, and enhancing the overall client experience.As a senior member of the team, you will provide coaching and mentorship to teammates, share best practices, and act as the primary contact for any credit escalations. You will serve as an advisor to the front line and work closely with them. This role balances the achievement of business objectives with the risk of loss to clients and shareholders. It ensures adherence to corporate policies to maintain risk exposure within the Bank’s stated risk appetite and operates within a legal framework and other regulatory requirements. You will suggest improvements in risk management and contribute to the implementation and compliance with current credit policies. Your knowledge of the business area and interpersonal savvy are essential.This role requires a strong understanding of financial analysis, market trends,



and risk assessment to make sound credit decisions while ensuring compliance with internal policies and regulatory standards.More specifically, you will be required to:Conduct strategic diagnoses, develop scenarios, and solve unique and complex problems impacting the entire organization.Create and implement business practices that address clients' complex needs while ensuring alignment with the organization's commitments and priorities.Design solutions for highly complex needs, recommend implementation strategies and priorities, and coordinate the delivery of work.Develop coaching mechanisms for the implementation of innovative solutions that you have led in designing.Ensure credit transactions are adjudicated in accordance with Policy Guidelines, Standards, and Procedures. Analyze, evaluate, authorize, and make recommendations for complex real estate financing requests,



including construction, seniors' residences, and hotels, while ensuring a healthy and prudent risk management approach. Hold a personal approval limit of up to $45 million and act as the recommender and the second signatory.What we offer*Competitive salary and annual bonus4 weeks of flexible vacation starting in the first yearDefined benefit pension plan that provides predictable, stable income throughout retirementGroup insurance including telemedicine.Reimbursement of health and wellness expenses and telework equipment* Advantages apply based on eligibility criteria.Skills and Qualifications:Bachelor’s Degree: In business administration, finance, or accounting.Experience: A minimum of 8-10 years in a relevant field. Other combinations of qualifications and experience may be considered.Financial and Economic Knowledge:



Advanced understanding of current financial and economic events.Real Estate Market Expertise: Advanced knowledge of the characteristics and credit risk inherent to the real estate market.Credit Management Standards: Proficiency in financing and real estate credit management standards and practices.Risk Rating Tools: Knowledge of the Credit rating tool or other tools used in the banking sector to determine real estate risk ratings.Business and Organizational Skills: Strong business, planning, and organizational skills with the ability to manage multiple priorities.Self-Motivation and Proactivity: Self-motivated, proactive, and able to work independently while supporting team goals.Communication and Collaboration: Excellent communication and collaboration skillsEnglish Proficiency:



Advanced proficiency in English due to the nature of the duties and interactions with English-speaking partners, members, and clients.French Proficiency: Advanced intermediate proficiency in French is an asset.Competencies: Customer focus; Interpersonal Savvy; Communicates effectively; Collaborates; Adaptability, Financial Acumen, Plans & Aligns, ResourcefulnessAt Desjardins, we believe in equity, diversity, and inclusion. We're committed to welcoming, respecting, and valuing people for who they are as individuals, learning from their differences, embracing their uniqueness, and providing a positive workplace for all. At Desjardins, we have zero tolerance for discrimination of any kind. We believe our teams should reflect the diversity of the members, clients,



and communities we serve.If there's something we can do to help make the recruitment process or the job you're applying for more accessible, let us know. We can provide accommodations at any stage in the recruitment process. Just ask!

The original job offer can be found in Kit Job:
https://www.kitjob.ca/job/90709406/director-real-estate-credit-granting-icf396-toronto/?utm_source=html