Associate Director, Commercial Monitoring, Control and Analytics

The core parts of your role would be to:

• Drive collaboration within the Commercial department to review and update the Commercial department’s policies and procedures,
• Support regression analysis of Commercial policy and procedure with respect to regulatory changes and updated enterprise policy and procedures
• Provide direction to Senior Management within the Commercial department to ensure that adequate controls and procedures are in place and are strictly adhered to by communicating updates in the Bank’s policies and procedures
• Research, provide analysis and interpret applicable policies and procedures and legislation to share guidance to appropriate stakeholders within the Commercial department in a concise and relevant manner.
• Oversee credit initiatives to support the growth and optimization of the Commercial portfolio while maintaining compliance with the Bank’s policies & procedures and risk appetite.
• Liaise with internal and external stakeholders during business initiatives ensuring requirements and new procedures are negotiated and properly communicated to internal stakeholders.
• Drive collaboration within Senior Management in the Commercial department to identify needs and develop scalable solutions to increase efficiencies, enhance customer experience, and limit operational/regulatory risks.
• Support the Senior Director, Commercial Operations and Analytics by drafting, implementing and maintaining reports and tools for the Commercial department, contract negotiation and assisting with Ad Hoc requests as needed.
• Support the monitoring of the Commercial Department by assisting with the creation and maintenance of Commercial Reporting
• Regularly review, develop and distribute to the Commercial department an effective and ongoing training program related to the Bank’s and the Commercial department’s policies and procedures.
• Support Senior Management by providing guidance and training to commercial partners on the Bank’s requirements.

Let's Talk About You!

• Professional Designation preferred (CFA, CIA, CPA, CAMS)
• Minimum of 8 years’ experience in commercial real estate.
• Knowledge of banking regulations (i.e. CAR, PIPEDA, Bank Act, AML etc.)
• Experience with drafting policy, procedures, standards, and other related documents, and facilitating effective training to staff.
• Ability to translate legislative/regulatory requirements into policy/procedure.
• Experience working with Project Management teams and implementing project initiatives.
• Impeccable judgment with the ability to make sound decisions.
• Strong interpersonal, relationship-building and negotiation skills.
• Strong organizational and time management skills with the ability to handle competing priorities.
• French language proficiency is an asset.

Job Complexities / Thinking Challenges

• The incumbent must have a strong risk background with sufficient experience in commercial lending to successfully support the Bank’s Commercial department. The position also requires strong drafting, interpretation, and negotiation skills. The incumbent must champion governance as a strategic discipline as they will be required to understand and provide guidance on corporate policies, procedures and regulatory requirements.
• The ideal candidate will need to demonstrate the ability to adapt to constantly changing regulatory and compliance environments, and the analytical mind capable of managing numerous information sources, making decisions, and providing analysis reports to senior management. The role requires strong analytical and problem-solving skills, and the ability to negotiate independently with minimal supervision.
• Excellent organization and communication skills are mandatory as the incumbent will be required to work on multiple projects, dealing with multiple stakeholders and teams, and performing under pressure and within tight time constraints.