We are hiring for this position out of our Toronto, Vancouver and Calgary offices. Successful candidates who apply outside of these areas will be expected to relocate and reside in a location that is within a commutable distance.

About the role:

We are seeking a Vice President, Credit Risk to work within, and help evolve, our credit risk oversight function in a dynamic organization seeing continued growth in both commercial & real estate lending and in payments.

The role sits within Peoples Group 2nd Line of Defense and operates in close & continuous collaboration with 1st line sales, lending and product teams. The successful candidate will balance credit governance skills with a demonstrated ability to partner with sales to drive revenues and maximize risk/return. The role reports to the SVP of Credit Risk & Payments Risk.

Deep experience in commercial real estate construction financing (large scale) is a role prerequisite, as is proficiency in insured commercial real estate financing.

This is an ideal opportunity for a seasoned commercial lending leader with credit risk experience currently in a smaller to mid-sized regulated financial institution who is looking for broader scope, to manage a team & have increased influence.

About the day-to-day:

• Directly accountable for the credit risk adjudication function, provides direction & input to staff on active credit files and manages decision solution turnaround in accordance with service level agreements and to meet client needs.
• Maintains open, timely and positive communications with sales, lending and product teams
• Leads by example and develops a team of direct reports fostering a high-performance, accountable risk culture
• In line with market and emerging issues, contributes to review and refinement of 1st line underwriting & 2nd line credit adjudication standards& portfolio performance, develops process refinements and efficiencies
• As a member of risk management in a regulated bank, has solid understanding of compliance, AML, operational risk fundamentals.

About the qualifications:

• 5 to 12 years progressive experience in Credit Risk in a relevant commercial & real estate lending institution. Experience in payments risk a definite advantage.
• Strong understanding of real estate credit adjudication including active construction dynamics, portfolio management and risk governance with demonstrated ability to work effectively with sales teams while maintaining independent risk judgment.
• Prior people management experience, with a track record of developing high-performing teams
• Strong communication skills with ability to tailor messages to both colleagues and senior management

About the work environment:

Peoples Group offers a flexible and hybrid work environment. In this role you will work a combination of in-office and remotely from home. Typically, you'll be working regular business hours, Monday to Friday between 8:00am and 4:30pm with flexibility around start/end times.

We offer:

• A hybrid work environment, enabling you to balance your personal and professional life seamlessly.

• Competitive salaries, profit sharing, RRSP matching and benefits from day one.

• Generous paid time off to help achieve a healthy work-life balance.

• A commitment to your well-being in five key areas: Financial, Physical, Social, Career, and Community.

Hiring process:

If your application is selected, you will be invited for a first interview with one of our Talent Acquisition Business Partners. Depending on the role, interviews may be conducted virtually or in-person. The hiring team will communicate any in-person requirements throughout the process.

Compensation:

Actual compensation may vary based on experience, skills, and qualifications.

NOTE: This job posting is for an existing vacancy.