AVP, Credit Risk Management (Personal Credit) - Jobs in Edmonton, AB

Job Description

At CWB , we strive to build value for the people who choose us every day: our people, our clients and our investors. We do this by holding true to the values that guide us. We put people first and build relationships with intention. We seek out and embrace new ideas, knowing that better is always possible. We believe that how we do things is as important as what we do. And we harness the power of inclusion. Our culture is who we are and how we show up - as individuals and as a team - to accomplish our strategy.Role SpecificationsEveryday Flexibility Flexible Work Arrangements Travel RequiredBring you. All of you. Single parent. Ally. Rock climber. Indigenous community partner. Film buff. Amputee. Nature photographer. Climate change activist. Labels don’t matter here, but your perspective does.All applicants are welcome, and we expressly encourage applicants to apply who identify as women, persons with visible and invisible disabilities (including physical, mental, sensory, learning impairment, etc.), Indigenous Peoples (including First Nations, Metis and Inuit), LGBTQ2S+ and/or racialized persons. At CWB we believe that inclusion has power , and we’re always looking for unique perspectives to add to our teams. We have a culture that thrives on idea-sharing, collaboration, respect, caring and camaraderie. If you have a voice to add to the conversation, we’d love you to apply. All applicants are considered as part of an equitable and fair selection process.CWB Financial Group (CWB) is on a mission to become the best full-service bank for business owners in Canada.Our target clients are small and medium-sized business owners, and they deserve a clear alternative. They deserve a proactive partner who helps them succeed. We’re caring. We’re nimble. We’re specialized. And we’re transforming to deliver a proactive client experience in a rapidly changing environment. That’s how we create value the people who choose CWB every day - our clients, our people, and our investors. That’s how we become the best full-service bank for business owners in Canada.The opportunityThe AVP Personal Credit , Credit Risk Management (CRM) focuses on reviewing and adjudicating personal credit applications in the context of Bank Lending Standards, providing support to branches in the structure of credit facilities, providing recommendations and support to senior management, and monitoring and assessing the quality of the personal loan portfolio.Key Deliverables:

• Ensuring the Bank’s personal portfolio is compliant with OSFI’s B20 Underwriting Principles
• Certify that exceptions to the Bank’s Lending Standards are fully identified, mitigated, and reported as necessary
• Safeguard data accuracy in the credit applications and scorecards
• Guarantee that Lending Standards are current and fully compliant with external regulatory requirements and the Bank’s Risk Appetite. Optimizing through identifying and recommending revisions as required.
• Deliver expert guidance to the branches
• Providing strong Second Line of Defence functions to assist in maintaining portfolio quality

AccountabilitiesCredit Risk & Portfolio Management

• Adjudicate personal credit applications from the branches and CWB Optimum Mortgage, and provide recommendations to senior management when appropriate
• Field calls from lenders to assist in deal structures and policy clarifications
• Managing assigned high risk files, including foreclosure action, and sending files to collection as appropriate, ensuring that prompt remedial action is instituted to minimize loan losses
• Ensuring that the underwriting on High Ratio (CMHC/SAGEN) Insured mortgages are in accordance with the respective insurer policies

Policy, Reporting, & Special Projects

• Support the administration of personal credit policies, making recommendations for change and/or establishing new policies as needed
• Assisting in compiling and consolidating impaired loan reports and watch list reports on a quarterly basis
• Participate in the review of the adequacy of specific loan allowances
• Collaborate & help branches with pre-submission reviews and problem loans
• Contribute to the process of assignment and management of accounts assigned to 3rd party collection agencies
• Assist in preparing personal credit summaries, reports, and other information as required by OSFI, CMHC, SAGEN and other external regulators and auditors
• Maintain and review the list of approved appraisers and solicitors
• Review all external reporting to ensure accuracy and completion in accordance with required guidelines
• Select files for 2nd Line of Defence review and complete reviews on both Banking Centre and CWB Optimum Mortgage files

Relationship Management

• Play to win. Embrace our values. Act intention & conviction. Establish & sustain a psychologically safe & positive work environment that supports a fun, engaged, and high-performing diverse workforce. Build meaningful relationships. Champion change. Nurture collaboration & a united approach. Coach with courage & candor. Intentionally feedforward. Empower through delegation. Strengthen our learning culture with a growth mindset. Invest in people first talent management through acquisition, development, engagement, performance management & retention initiatives. Grow from failures. Deliver results. Respect the code: OneCWB Growing Together.

Successful incumbentA key role in our Credit Risk team in a growing organization looking to disrupt the financial industry in Canada. This role requires an accomplished adjudicator and a seasoned risk professional with a strong sense of ownership, expert risk knowledge, and financial & cashflow analysis skills. Structuring complex lending arrangements and preparing succinct lending summary reports are second nature to you. This position demands enhanced relationship building and influence skills with clients, internal colleagues, and senior leadership achieved with honed interpersonal, negotiation & communication skills. Accustomed to high-demand environments with critical response requirements, you thrive and excel under pressure to resolve complex situations, delivering effective solutions. Practiced risk analytical abilities, sound judgement, and proven decision-making abilities are grounded in common sense and balanced execution. You are collaborative , a proactive change agent, a trusted advisor and respected risk professional . And you are an optimizer. Always in pursuit better. At CWB, we play to win. Do youCore knowledge base

• Undergraduate degree in Commerce, Economics, Finance or Accounting disciplines

Demonstrated experience

• Ten plus years banking experience with strong hands-on experience in lending, underwriting and credit analysis. Commercial lending experience would be considered an asset
• Robust, fulsome knowledge of Personal Lending Standards and OSFIs B-20 Principles
• Strategic thinker with exceptional problem-solving skills; needs to be able to turn findings into actionable recommendations and speak the business language
• Exposure to business lending is an asset

Low risk, high reward. Disrupt your career with an unmatched growth opportunity. Apply with CWB.Why work with usWinners of Canada’s Most Admired Corporate Culture 2021& recognized as one of 50 Best Workplaces in Canada by Great Places to Work 2021Values driven people first benefitsPeople first is a core value at CWB, guiding us to care for each other and our clients. Our benefits package is an extension of that value, animating our promise to you and your family. Wellness forward. We offer an award-winning benefits package that includes hybrid work environments, everyday flexibility, 100% company-funded health coverage, health care spending account, a flexible wellness program & generous time-away options to unplug, rest & recover. Bring your whole self to work. Inclusion is a journey requiring practice & experience to result in a powerful outcome. Your perspective matters & voice will be heard. Find a community within the CWB family in our employee represented groups. Career development. We invest in our employees’ development to help them reach their professional goals with organization wide Coaching services. Strategic career design is an investment in our core asset – our people. Innovation. Learn. Grow. Enhance. At CWB, we pay to win. When we fail, we fail forward. Recognition. Peer-to-peer recognition programs for “in the moment” and monumental wins. Community giving . Make a difference. Drive economic prosperity in your community. Get involved. Volunteer. Fundraise. All with CWB support. ESG & sustainability focused. Be proud of where you spend, work & invest. Financial rewards. Base salary & pay for performance incentives. Retirement investment strategy. You can’t work forever! So, we’ve got you covered. Company ownership. No greater sense of motivation & empowerment than being an owner! F ind your “why” at cwbcareers.comBe proud of where you work. Join CWB. Apply today.#LI-NB1#discoverCWBAs an equitable employer, CWB Financial Group is committed to providing a safe and inclusive environment where a diverse workforce thrives. You are welcomed and encouraged to bring your whole self to work. Dignity, respect and equality are non-negotiables. If you require accommodation during any part of the recruitment or selection process, please reach out.Closing Date:

• P osition closes at 12:01am on the close date identified below.

02/7/2022Quick Apply

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