EQ Bank | Equitable Bank

Director, Mortgage Enforcement

EQ Bank | Equitable Bank

full-time

Posted on:

Origin:  • 🇨🇦 Canada

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Job Level

Lead

About the role

  • Purpose The Director, Mortgage Enforcement is responsible for oversight and management of the Bank’s Personal Banking mortgage portfolio in default. The Director is an expert in mortgage enforcement and is responsible to effectively oversee the default portfolio to ensure financial loss mitigation and cost management. The incumbent is the key contact for both internal and external stakeholders and partners and is required to build and maintain professional and effective relationships. The Director prepares and delivers materials to Senior Management to display results and trending for impaired loans, including specific provisions and forecasts, in a concise and professional manner. The Director provides direction and support to the Defaults Team as required and ensures solid documentation of, and adherence to, company policies and procedures.

Requirements

  • 5+ years of experience in residential mortgage enforcement at a financial institution; well-versed in mortgage enforcement practices across Canada 10+ years of management experience; demonstrated leadership and change management skills Business degree or a related discipline Solid knowledge of residential lending Excellent leadership, negotiation, and communication skills Proven people manager with focus on team engagement Proven client management experience Established and meticulous time management and organizational skills Proven ability to thrive in fast-paced, changing environment and demonstrated ability to perform and remain agile under high intensity conditions Excellent communication skills, both written and oral; ability to present and professionally communicate with Senior Management and other stakeholders (both internal and external) Proficient in MS Office Effective analytical and problem-solving skills Ability to work independently and make key decisions