Senior Director/ Head Of Credit Analysis & Adjudication

The Senior Director/ Head of Credit Analysis & Adjudication reports directly to the CEO and occasionally to the Board of Directors.
The Senior Director/ Head of Credit Analysis & Adjudication is responsible for managing the retail and commercial lending activities of the Bank as per policies and guidelines and supervise any loan-related legal procedures and asset soundness.
The objective of the Department is to drive asset quality and reduce financial risks of the Bank by providing analytical expertise and providing risk-based expertise on lending activities.
Key Responsibilities & Accountabilities
Ensure all retail and commercial lending activities including credit approval are in compliance with all sound business practice, credit risks, legislation, regulations, policies and guidelines
Review and approve residential mortgage loans for which CEO has delegated authority
Review and recommend credit decisions for CEO, Executive Loan Committee, and Board of Directors for retail and commercial loan cases requiring approval
Manage and control the retail and commercial lending activities and collection activities of the Bank
Monitor and control the nature and composition of the Bank's loan portfolio
Ensure delinquency control systems are in place and perform legal procedures (including litigations) and management of impaired loans
Supervise and manage the Bank’s operations related to asset soundness to maintain proper loan loss allowances
Recommend credit risk management planning and procedures
Recommend changes to the loan policies and guidelines of the Bank
Provide leadership to the department, ensuring that the team members have the requisite skills, knowledge, and competencies to deliver an effective department function of credit analysis and adjudication
Foster a cohesive team, focused on customer service, collaboration and promote a positive work environment
Develop and implement procedures where issues are identified, risk assessed and tracked to remediation with detailed action plans, and timelines for successful resolution
Comply with or operate in accordance with applicable laws, regulations, and prescribed practices relating to its banking business activities in all jurisdictions in which the Bank operates
Develop and implement procedures where issues are identified, risk assessed and tracked to remediation with detailed action plans, and timelines for successful resolution
Ensure a sound compliance culture and mindset – through effective training and communication to ensure employee engagement and awareness.
Job RequirementsEducation RequirementsBachelor’s degree in accounting, finance or other related field required;
MBA, is considered an asset
Work Experience Requirements15+ years of senior experience in credit-related position in the financial service industry, ideally leading an enterprise credit and lending function
Experience with industry best practices and professional standards in Canada
Proven ability to implement strategies for effecting change, enterprise thinking, and the ability to effective gain buy-in to large scale enterprise implementation of programs
Superior interpersonal and leadership skills, oral and written communication and ability to anticipate and guide the impact of legislative/regulatory changes on the Bank
People Management Experience RequirementsAt least 5 year(s)
Knowledge & Skills
Planning and Organizing
Risk, compliance and audit mindset
Canadian laws and regulations
Local market knowledge
Knowledge of Policy Development processes
Specialized subject matter expertise and knowledge
Adaptability & Flexibility
Learning mindset (Continuous learning)
Collaboration & Teamwork
Effective interactive communication
Initiative
Innovativeness
Execution skills
Presentation skills
Conceptual thinking
Conflict Management
Result orientation
Strategic orientation
Developing others
Impact and influence
Team leadership
Organizational awareness
Relationship Building
MS Office, ERP Software, Job related software
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