Vice President, Special Accounts Management Unit
Join a Challenger
Being a traditional bank just isn’t our thing, so we challenge ourselves to get creative in providing innovative banking solutions for Canadians.
How do we get there? With a talented team of inquisitive and agile challengers that break through the status quo. So, if you’re passionate about redefining the future of banking—while having fun—this could be your next big opportunity.
Our company continues to grow, and today we serve more than 800,000 customers across Canada through Equitable Bank, Canada's Challenger Bank™, and have been around for more than 50 years. Equitable Bank's wholly-owned subsidiary, Concentra Bank, supports credit unions across Canada that serve more than six million members. Together we have over $142 billion in combined assets under management and administration, with a clear mandate to drive change in Canadian banking to enrich people's lives. Our customers have named our EQ Bank digital platform (eqbank.ca) one of the top banks in Canada on the Forbes World's Best Banks list since 2021.
The Work
The VP, Special Accounts Management Unit (“SAMU”) is the executive lead responsible for driving the Bank’s national strategy for managing higher risk, nonperforming, and distressed commercial credit exposures. This role oversees all Special Accounts activities, including arrears management, complex workouts, restructurings, insolvency matters, enforcement, and asset recovery. The VP ensures loss mitigation, maximized recoveries, and strong governance across the lending portfolios.
The incumbent is responsible for ensuring that practices align with OSFI and other regulatory requirements concerning impaired loans, workouts, and risk governance. They also develop high-performing teams by setting strategic direction and act as the final escalation point for complex credit issues, considering prevailing market conditions. In close collaboration with the SVP, Chief Credit Officer, and senior leaders in Risk, Legal, Finance,...