Gestionnaire, Vérification des prêts commerciaux

Who we are:

Fairstone Bank and its family of brands are united in delivering innovative, accessible and reliable financial solutions that enable Canadians to reach their goals. Over the years, our brand family has grown. In 2024, Home Trust Company, Home Bank and Oaken Financial became part of the Fairstone Bank family of brands, alongside Fairstone, Eden and Fig.

Together, we are the leading alternative lending bank in Canada. We have the collective experience and expertise to better serve our customers and foster our partners’ growth. With a diverse suite of products—residential and commercial mortgages, consumer deposits and GICs, credit cards, retail and automobile financing, personal loans and digital lending—we offer financial solutions tailored to all Canadians, including newcomers, small-business owners, smart investors and savvy consumers.

Backed by nearly a century of lending experience through its legacy companies, Fairstone Bank and its brand family are proud to be Canada’s leading alternative lending bank. ​

About the role:

Under the direction of the Director, Loan Review, the primary purpose of the role is to provide effective governance and oversight of the commercial mortgage credit portfolio and to lead the independent loan review of commercial credit transactions against the Company’s credit risk policies and guidelines. The incumbent is responsible for overseeing the structured, objective, and independent review of the Company’s credit transactions as selected by the Director, Loan Review or delegate.

The Manager, Commercial Loan Review will provide leadership in making recommendations on training needs and modifications to lending guidelines and processes to reflect a best-in-class operation.

Additionally, the Manager, Commercial Loan Review will assist the Director, Special Loans in the administration and handling of commercial problems loans to maximize recovery efforts. Finally, the candidate will act as the secretary of the Watch List sub-Committee and manage required reporting.

Risk Management & Compliance, in adhering to applicable compliance obligations, including Privacy, Anti-Money Laundering/Anti-Terrorist Financing and internal Anti-Fraud Policy requirements, must remain the over-arching focus in carrying out responsibilities.

Responsibilities:

• Oversee the post-funding loan review for newly originated and targeted Commercial portfolio per the annual Loan Review Plan to objectively evaluate:
  • The quality of the credit decision.
  • Adherence to the Company’s underwriting policies, guidelines, and standards, including insurer requirements.
  • The integrity of file documentation and data inputs.
• Ensure a representative sample of files for all commercial portfolios are reviewed to assess compliance HTC with Policies, Guidelines and Risk Appetite
• Perform ad-hoc analysis on Commercial portfolio to support the senior management, Credit Risk Committee or the Board's oversight.
• Ensure timely reports are generated and distributed to the business lines and appropriately reported at the Credit Committee.
• Present monthly Loan Review preliminary and final results through reports and debriefs with Underwriting VPs, Directors, and Managers within agreed timeline.
• Ensure the team adheres to applicable compliance obligations, including Privacy, Anti-Money Laundering/Anti-Terrorist Financing, and internal Anti-Fraud Policy requirements. Identify and refer suspicious files to Corporate Compliance as appropriate

Problem Loan Administration

• Assist the Director, Special Loans in the handling and administration of Special Loans to maximize recovery efforts and minimize accounts losses.
• Attend and provide effective strategy challenge in the monthly Underwriting Action List meetings.
• Provide assistance and training to commercial portfolio management and underwriting to promote proactive account due diligence.

Committee Participation and Reporting

• Develop and maintain the Watch List Sub-Committee mandate and manage/maintain the meeting agendas and minutes. Ensure materials are provided in a timely fashion.
• Develop and deliver succinct quarterly Watch List risk reports and submission to the Credit Risk Management…