VP Credit Risk

Peoples Group • Vancouver, BC

16h • Hybrid

About The Position

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.

Requirements

• 5 to 12 years progressive experience in Credit Risk in a relevant commercial & real estate lending institution.
• 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

Nice To Haves

• Experience in payments risk a definite advantage.
• Deep experience in commercial real estate construction financing (large scale)
• Proficiency in insured commercial real estate financing.

Responsibilities

• 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.

Benefits

• Competitive salaries
• profit sharing
• RRSP matching
• benefits from day one
• Generous paid time off
• A commitment to your well-being in five key areas: Financial, Physical, Social, Career, and Community.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: No Education Listed