Credit Manager Jobs

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Results, recognition and rewards

TFG’s culture is results, recognition and rewards based, with a focus on achieving results in a high performing team environment.

TFG Financial Corporation, as part of the Travelers Financial Group of Companies, is one of the largest independent commercial equipment finance companies in Canada. Our mission and purpose is to be our customer’s first choice by making equipment financing easy while providing a wide range financing solutions. Together, through our core principles, we help our partners to achieve what’s important in their business.

TFG is an equal opportunity employer and believes in providing a diverse and inclusive workplace where all team members have an opportunity to succeed.

Job responsibilities

The Manager, Credit is responsible for managing the operational and strategic goals of the Credit Department. This role will foster collaboration, encourage open communication, and establish clear goals and expectations. They will also lead by example and set a positive tone for the team. This position will also provide input to loan structure prior to being issued for larger loans and performs a complete review of loan applications and selected due diligence material (including reviews, renewals and extensions) where appropriate, provides credit concurrence within approved concurrence limits or recommends to more senior authority. Working with the VP and other team members, this position ensures credit policy documentation is up to date and adequately manage company risk.

• Monitor and prepare reports on KPI’s of the credit department
• Assist in maintaining an up-to-date procedure and policy manual
• Manage the day-to-day operations of the Credit Department
• Continually seek awareness of industry trends within the industries we serve
• Render credit decisions in compliance with internal and external rules and regulations
• Provide guidance, support, and mentorship to the team members while also providing constructive feedback and recognize and reward achievements.
• Manage the application process to improve speed, quality and compliance
• Recruit, hire and train credit department team members as needed
• Provide advice regarding financing options and processes to potential customers, equipment dealers, and business partners
• Liaise with and maintain productive relationships with internal departments as well as main sources of business
• Monitor portfolio performance to identify and investigate early warning signals and takes appropriate action
• Negotiate terms, conditions and pricing of product offerings with prospective and existing customers

Qualifications, knowledge and experience

• Advanced ability to manage and prioritize a complex workload while adhering to performance goals
• A strong sense of integrity, professionalism, and a results-oriented attitude to continually improve processes and systems, enhance efficiency, and contribute to overall organizational success
• Knowledge of financial statements and risk ratings
• University degree in a related field (Economics, Commerce, or Finance)
• Knowledge of the U.S. regulatory environment and its impact on financial institutions
• Effective leadership, coaching and mentoring capabilities in a high performing team environment
• Results-oriented attitude to continually improve processes and systems, enhance efficiency, and contribute to overall organizational success
• Advanced skills with Microsoft Office products
• Advanced communication and interpersonal skills
• Works well under pressure to meet ongoing and overlapping deadlines within short time constraints
• 7+ years of previous credit experience with 4+ being in equipment finance
• 3+ years previous experience in leading a team of Credit Analysts

What we offer

• Ability to make a difference and lasting impact
• Opportunity to take on progressively greater accountabilities
• Committed to supporting team members’ health and wellness
• 100% remote work environment
• Leaders who support your development