Job Information
Manulife Director Credit Risk Escalations in Halifax, Nova Scotia
Reporting to the AVP Credit Risk, Manulife Bank, the Director Credit Risk Escalations is responsible for the management of the Credit Adjudication function for the Residential and Specialized Lending Credit Risk team. The Director is involved with daily adjudication activities of the team, monitoring workflow, volumes and resourcing as well as reviewing files within the Director’s assigned Delegated Lending Authority (DLA). The Director provides insight into more complex transactions. For those transactions that exceed the Director’s lending authority, the Director will make recommendations to the AVP Credit Risk on processing. The Director is also responsible for supporting quality reviews, which include the review of a sampling of each team member’s authorized credits on a monthly basis. The results of these audits will be used for coaching purposes.
The Director supports the AVP, Credit Risk, on key initiatives, including policy and guideline updates, product development input, reporting, and process optimization. The Director also serves as a delegate for the CCO in working groups where Specialized Lending is identified as a core stakeholder.
The Director will also be a non-voting member of the Credit Committee.
Position Responsibilities:
Residential and Specialized Lending Portfolio
Design, implement and maintain the processes and technology necessary to manage the adjudication workflow.
Act as the point person for new initiatives that drive smooth processing, collaboration and effective management of risk and service.
Oversee the effective and ongoing credit risk monitoring of files within the portfolio, specifically the completion of annual reviews in the Specialized Lending Portfolio, ensuring appropriate and timely information is obtained such that the Bank can appropriately monitor the ongoing health of the specialized lending portfolio.
Support any updates required to policies and guidelines to support product changes, regulatory requirements and business requirements.
Credit Risk Management / Adjudication
Working with the AVP Credit Risk, monitor the credit risk characteristics of the Residential and Specialized Lending portfolio; identify trends and areas of credit deterioration. Make recommendations to address portfolio and individual credit risk within delegated authority.
Apply your deep credit risk expertise, financial acumen and experience in the review and analysis of applications to ensure compliance with the company’s policies and standards and regulatory requirements. Ensure the analysis demonstrates an appropriate risk/reward trade-off with appropriate mitigation as needed.
Exercise discretionary lending limits as delegated to approve and decision credit applications in line with the Bank’s risk appetite.
Support a team of independent adjudicators. Act as a point for file escalations and suggest changes to the structuring of transactions to strengthen the company’s position as needed. Provide field guidance on deal structure to ensure a smooth authorization process.
Leadership & Building a High-Performing Team
Inspire, coach, guide, and actively engage employees; motivate and encourage staff.
Manage performance, providing formal and informal feedback and coaching. Establish accountabilities and performance standards.
Build talent capability and engage employees through focused career discussions, as well as providing professional development opportunities.
Role model critical behaviors to enhance customer experience.
Demonstrate inclusive behaviors and provide opportunities to collaborate across teams.
Required Qualifications:
Deep credit risk experience in residential lending and specialized lending.
Strong collaboration and individual leadership skills.
Communication and presentation skills.
Exceptional negotiation skills, both internal and external, to achieve the best outcomes.
A thorough knowledge and understanding of all regulatory requirements that would impact Manulife Bank.
Bilingualism (English and French) is a strong asset. If the successful candidate is in Québec, proficiency in both languages will be required to support clients from various provinces outside of Quebec.
When you join our team:
We’ll empower you to learn and grow the career you want.
We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words.
As part of our global team, we’ll support you in shaping the future you want to see.
#LI-Hybrid
The role being advertised is an existing vacancy.
Giới thiệu về Manulife và John Hancock
Tập đoàn Manulife Financial là nhà cung cấp dịch vụ tài chính quốc tế hàng đầu giúp mọi người quyết định dễ dàng hơn và có cuộc sống vẹn toàn hơn. Để tìm hiểu thêm về chúng tôi, hãy truy cập https://www.manulife.com.vn/ .
Manulife là Nhà sử dụng lao động không phân biệt đối xử
Tại Manulife/John Hancock, chúng tôi luôn đón nhận sự đa dạng. Chúng ta cố gắng thu hút, phát triển và duy trì lực lượng lao động đa dạng tương tự như những khách hàng mà chúng ta phục vụ, đồng thời thúc đẩy một môi trường làm việc hòa nhập, đề cao thế mạnh của từng nền văn hóa và cá nhân. Chúng ta cam kết tuyển dụng, duy trì, thăng tiến và trả lương một cách công bằng. Đồng thời, chúng ta quản lý tất cả các hoạt động và chương trình của mình mà không phân biệt đối xử dựa trên chủng tộc, dòng họ, xuất thân, màu da, nguồn gốc dân tộc, quyền công dân, tôn giáo hoặc tín ngưỡng tôn giáo, đức tin, giới tính (bao gồm phụ nữ mang thai và các tình trạng liên quan đến mang thai), xu hướng tính dục, đặc điểm di truyền, tình trạng cựu chiến binh, bản dạng giới, biểu hiện giới, tuổi tác, tình trạng hôn nhân, tình trạng gia đình, khuyết tật hoặc bất kỳ căn cứ nào khác được pháp luật hiện hành bảo vệ.
Ưu tiên của chúng ta là loại bỏ các rào cản để đem lại cơ hội tiếp cận việc làm bình đẳng. Đại diện Bộ phận Nhân sự sẽ làm việc với những ứng viên có yêu cầu điều chỉnh hợp lý trong quá trình ứng tuyển. Tất cả thông tin được chia sẻ trong quá trình yêu cầu điều chỉnh sẽ được lưu trữ và sử dụng tuân theo pháp luật hiện hành và chính sách của Manulife/John Hancock. Để yêu cầu điều chỉnh hợp lý trong quá trình ứng tuyển, hãy liên hệ với hr@manulife.com .
Referenced Salary Location
Halifax, Nova Scotia
Working Arrangement
Kết hợp
Salary range is expected to be between
$108,000.00 CAD - $158,000.00 CAD
Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance. The actual salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. If you are applying for this role outside of the primary location, please contact hr@manulife.com for the salary range for your location.
Manulife offers eligible employees a wide array of customizable benefits, including health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage, adoption/surrogacy and wellness benefits, and employee/family assistance plans. We also offer eligible employees various retirement savings plans (including pension and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in Canada includes holidays, vacation, personal, and sick days, and we offer the full range of statutory leaves of absence. If you are applying for this role in the U.S., please contact hr@manulife.com for more information about U.S.-specific paid time off provisions.
We use data and analytics technologies, such as artificial intelligence (AI), and automated processing tools, to analyze and process the information you provide to us or third parties in the application process. For more information, please refer to our personal information collection statement (https://careers.manulife.com/global/en/talentacquisitionprivacystatement) .