Risk Coordinator
Peoples Group is a trusted financial services company for the innovators at the forefront of Canada’s economic future. The Credit Risk Coordinator will provide administrative, analytical, and coordination support across Special Loans operations and Risk & Regulatory Relations, ensuring compliance and effective management of loan processes and regulatory issues.
Responsibilities
- Compile relevant file data in preparation of watchlist loan management and default proceedings
- Communicate with account managers, borrowers, lawyers, trustees, and others involved in the management of watchlist loans
- Prepare detailed mortgage statements to be included with instruction letter to solicitors with respect to issuance of formal demand for payment and/or legal proceedings
- Manage administration of Special loans in Portfolio Plus including Collection status, PAC settings, CIFs, comments, risk rating & checklists
- Requisition payment of expenses. e.g., legal expenses, appraisal expenses, insurance costs, receivership advances, property management expenses etc
- Submit transaction postings for Special Loans (ex. Fees)
- Submit mortgage postings to apply funds to loans
- Prepare legal documents, bankruptcy documents, consumer proposals, and custodial forms for management signoff
- Assist in preparing mortgage deficiency claims, and supplemental claims, for submission to CMHC
- Manage force-placed insurance process as enforced properties are added to or deleted from PTC master corporate insurance (impairment) policy
- Prepare various reports on a weekly, monthly, quarterly and annual basis
- Maintain a centralized log of regulatory issues, findings, and commitments, ensuring clear documentation of remediation activities, timelines, and ownership
- Track remediation progress and proactively escalate delays, risks to timely resolution, or emerging gaps to the AVP, Risk & Regulatory Relations
- Maintain well‑organized, auditable records of regulatory communications, supervisory letters, correspondence, audit findings, and follow‑up actions to support transparency and ongoing compliance
- Support Risk & Regulatory Relations with data gathering, report compilation, and administration of risk governance processes
- Prepare meeting agendas and take minutes
Skills
- Holds a bachelor's degree in business, finance, or a related discipline
- Previous financial services experience
- Demonstrated expertise in account reconciliation, payables
- Proficient in Microsoft Excel, with intermediate to advanced capabilities
- French speaking would be an asset
Benefits
- A hybrid work environment, enabling you to balance your personal and professional life seamlessly.
- Competitive salaries, profit sharing, RRSP matching and benefits from day one.
- Generous paid time off to help achieve a healthy work-life balance.
- A strengths-based approach, ensuring we work together more effectively.
- A commitment to your well-being in five key areas: Financial, Physical, Social, Career, and Community.
Company Overview