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VP Credit Risk

Peoples Groupabout 20 hours ago
Hybrid
Senior Level
Full-Time

Top Benefits

Profit Sharing
RRSP Matching
Health Benefits

About the role

We are hiring for this position out of our Toronto, Vancouver and Calgary offices. Successful candidates who apply outside of these areas will be expected to relocate and reside in a location that is within a commutable distance. 

About the role: 

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.

About the day-to-day: 

  • 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.

 

About the qualifications: 

  • 5 to 12 years progressive experience in Credit Risk in a relevant commercial & real estate lending institution. Experience in payments risk a definite advantage.
  • 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   

About us:  

Peoples Group is a trusted financial services company for the innovators at the forefront of Canada’s economic future. With offices in Vancouver, Calgary and Toronto, we are driving change by working alongside challenger banks, fintechs, brokers, and merchants to foster a dynamic and competitive financial ecosystem. 

Our culture is built on four core behaviors: Grit to Grow, Connect to Collaborate, Putting Clients First, and Owning the Outcome. We believe people do not simply choose a company to work for—they choose a company that makes a positive impact in the lives of Canadians. Above all, we value people, build meaningful relationships, focus on individual strengths, and approach our work with passion. 

About the work environment: 

Peoples Group offers a flexible and hybrid work environment. In this role you will work a combination of in-office and remotely from home. Typically, you'll be working regular business hours, Monday to Friday between 8:00am and 4:30pm with flexibility around start/end times. 

We offer: 

  • A hybrid work environment, enabling you to balance your personal and professional life seamlessly. 

  • Competitive salaries, profit sharing, RRSP matching and benefits from day one. 

  • Generous paid time off to help achieve a healthy work-life balance. 

  • A commitment to your well-being in five key areas: Financial, Physical, Social, Career, and Community. 

Hiring process:  

If your application is selected, you will be invited for a first interview with one of our Talent Acquisition Business Partners. Depending on the role, interviews may be conducted virtually or in-person. The hiring team will communicate any in-person requirements throughout the process. 

Compensation:  

Actual compensation may vary based on experience, skills, and qualifications. 

NOTE: This job posting is for an existing vacancy. Peoples Group is an Equal Employment Opportunity employer. Please accept our utmost appreciation for your interest; however, only those applicants under consideration will be contacted.  

We value and celebrate individuality while fostering an inclusive workplace for everyone. If there's any way we can support or accommodate you during the selection process, please don't hesitate to let us know. 

About Peoples Group

Financial Services

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