Associate, Special Loans and Restructuring (12 month contract)

Join a Challenger

At EQ, we're remaking banking so every Canadian gets ahead, every day. Serving nearly 4 million Canadians from coast to coast, we offer a wide variety of financial services from banking and lending, to trust and credit union solutions. 

We've been at this since 1970, challenging the conventions of traditional banking with smarter, faster, and more connected financial experiences.

What's kept us moving? The people behind it all: challengers who ask better questions, push back on old assumptions, and look for a better way forward.

If you're driven to help reshape how banking works for Canadians and the businesses that power our economy, this could be your next big opportunity. 

We can’t wait to get to know you! 

The Work

 

As part of a growing and dynamic Commercial team, the Associate, Special Loans and Restructuring will assist the Special Loans team with the management and oversight of the Commercial portfolio of delinquent and problem accounts, which are comprised of all Commercial lending products.

The Associate, Special Loans and Restructuring will provide direct support to Associate Director, Special Loans on the day-to-day portfolio management and reporting requirements of the team. This may include by performing a variety of functions associated with default management such as preparing/reviewing reports, attending/assisting at meetings, portfolio management/monitoring, projects and initiatives and other administrative duties, which may include assisting with ad hoc requests by Senior Management amongst other things.

The Associate, Special Loans and Restructuring is also responsible for maintaining and actioning the loan collections process and other related breaches by borrowers on assigned loans. Duties include contacting direct clients, internal teams and/or Partners regarding arrears, maturing mortgages, past due taxes, and other non-compliance matters.

The incumbent will assist Senior/Account Managers with the day-to-day management of their respective portfolios. Additional credit-related and administrative duties are required to support execution of planned strategies or related portfolio management requirements, ad hoc requests/reporting and pipeline management, as well as networking with external business partners, along with various staff, within the Commercial department and other internal departments.

The incumbent will be working closely with all departments within the Bank (given nature of Special Loans transactions) including Commercial underwriting, originations, funders/administrators, Mortgage Services, Accounting/Finance, legal and other internal departments.