Director of Special Loans
Toronto, ON – 4 days per week in the office
Competitive compensation with excellent benefits
We’re seeking an experienced Director of Special Loans to join our client’s real estate finance team. This role is pivotal in handling distressed loans and minimizing risks within a real estate loan portfolio. You’ll be responsible for evaluating the financial health of borrowers, monitoring loan collateral, and working with internal teams, investors, and external partners to execute recovery strategies.
Responsibilities:
- Loan Restructuring & Workout: Lead the charge in restructuring troubled loans, developing tailored workout solutions, and negotiating terms with borrowers and stakeholders to optimize recovery.
- Loan Transaction Analysis: Dive deep into financials, market trends, and economic factors to assess loan performance and identify risks or opportunities.
- Portfolio Management: Support senior management in performing portfolio analysis, stress testing, and reporting on risks related to market conditions and loan concentrations.
- Stakeholder Collaboration: Work closely with internal finance, risk management teams, borrowers, investors, and external experts such as legal counsel, appraisers, and brokers.
- Compliance & Best Practices: Stay on top of industry regulations and ensure all strategies align with legal and regulatory standards.
- Team Development: Help train the team by identifying potential issues early in the lending process and conducting debriefs on loan workout outcomes.
Requirements:
- Proven experience with distressed loan management, ideally within the Canadian real estate sector.
- Strong financial analysis and risk assessment skills.
- Excellent negotiation and communication abilities.
How to apply:
If you are interested in learning more about this opportunity, please apply now by sending your resume to [email protected]. Unfortunately, due to the high volume of applicants, only those selected for an interview will be contacted.