Vice-President, Credit

Mitsubishi HC Capital Canada • Trois-Rivières, QC

3d • Hybrid

About The Position

The VP, Credit is a senior leader responsible for overseeing credit underwriting, across the Equipment Finance business. This role blends strategic oversight with hands on leadership, ensuring credit decisions support profitable growth while maintaining a strong risk framework. This is a new position.

Requirements

• Excellent analytical and sound decision making skills.
• Demonstrated successes in areas of financial analysis, collateral evaluation, and credit structuring.
• Being well versed in interpreting credit bureaus reporting including personal bureaus as well as Dun and Bradstreet reports.
• Experience with equipment financing products (loans and leases of various types)
• A strong understanding of financial statements and their analysis.
• Demonstrated experience leading teams and collaborating with executive leadership.
• Deep knowledge of credit policies, governance frameworks, and regulatory compliance (AML/KYC, security perfection requirements).
• Strong mastery of MS Suite and most notable Excel is requisite.
• Excellent communication, negotiation and influencing skills in both French and English
• Bachelor’s degree in Finance, Business, or related field (MBA preferred).
• 10+ years of progressive experience in commercial credit risk management and equipment finance.
• Minimum of 5 years of experience leading a high-performance team

Nice To Haves

• MBA preferred

Responsibilities

• Provide independent reviews of credit that support the firm’s strategy with growth target.
• Act as a strategic advisor to senior leadership on credit risk trends and emerging industry developments.
• Exercise delegated credit authority and provide oversight and guidance for underwriters and credit officers.
• Review and approve complex or higher‑risk transactions, ensuring adherence to credit guidelines and alignment with risk appetite.
• Provide recommendations to the Chief Credit Officer and Credit/Risk Committee for transactions exceeding delegated limits.
• Implement credit policies, underwriting procedures, narratives, and risk acceptance criteria (RAC) in partnership with the Risk function.
• Support compliance with regulatory expectations, including AML/KYC and equipment finance legal requirements (e.g., PPSA, UCC, perfection of security interests).
• Ensure accurate, consistent documentation through collaboration with Legal, Risk, Sales Operations and Contract Administration.
• Support credit risk assessments for key programs, including vendor programs, captive programs, OEM relationships, and specialized equipment segments.
• Provide expertise in evaluating contingent risk exposure from vendors, brokers, and capital markets partners.
• Work with Planning/Risk teams to improve reporting frameworks, credit scorecards, and data‑driven decision tools.
• Mentor and train underwriting staff, supporting ongoing capability-building and consistent application of credit standards.
• Conduct post‑mortem analyses to improve underwriting and portfolio management practices.
• Oversee third‑party service providers involved with documentation, valuations, asset inspections, and remarketing.
• Ensure proper governance, contractual compliance, and risk controls in outsourced arrangements.
• Foster a collaborative and risk‑aware culture across Credit, Sales, Operations, and cross‑functional teams.
• Promote accountability, transparency, and continuous improvement in credit processes and decision-making.

Benefits

• Permanent full-time position
• Hybrid work environment for a better work-life balance
• Vacation and flexible leave as soon as you start with us
• Personal spending account
• Competitive compensation plan including a bonus program
• Group retirement plan including an employer contribution
• Complete group insurance program paid in part by the company
• Several opportunities for professional growth and access to an online training platform
• Employee and family assistance program accessible at all times

What This Job Offers

• Job Type: Full-time
• Career Level: Executive