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Director, Special Loans and Restructuring

📍 Equitable Bank • Toronto, Ontario, Canada • Posted March 18, 2026

Full Time Posted March 18, 2026
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Job Description

The core parts of your role would be to:

  • The incumbent will oversee and manage, as assigned, the administration and/or execution of delinquent and certain problem loans while minimizing losses to the Bank. Including supporting the team in negotiating acceptable arrangements/settlements to resolve breaches and/or forbearances agreements to avoid enforcement while limiting any risk to the Bank.

  • Manage and/or administer complex delinquent and problem commercial mortgages and conduct full financial review prior to recommendations to Senior Management

  • Assess and execute on optimal workout strategy with the team when processing loans for legal action based on mortgage enforcement remedies by law (including non-payment, non-renewals, tax arrears, bankruptcies/liens, other material breaches or adverse changes etc.) 

  • Provide support by liaising with mortgagors, guarantors and subsequent encumbrances, trustees in bankruptcy, brokers, ...

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