We are seeking an experienced Associate Director, Special Loans to join our real estate finance team. This role is pivotal in managing distressed loans, safeguarding investor capital, and minimizing risks across a diverse commercial real estate portfolio. The ideal candidate brings deep expertise in workouts and restructuring, strong financial acumen, and the ability to navigate complex stakeholder dynamics with confidence.

Key Responsibilities

• Loan Restructuring & Workout: Lead restructuring efforts for troubled loans, develop customized workout strategies, and negotiate directly with borrowers and stakeholders to maximize recovery outcomes.
• Loan Transaction Analysis: Perform in-depth analysis of borrower financials, collateral, market conditions, and economic trends to identify risks and opportunities.
• Portfolio Oversight: Support senior management with portfolio-level analysis, including stress testing, concentration reviews, and market risk reporting.
• Stakeholder Management: Collaborate closely with internal teams (finance, credit / syndication, relationship management), borrowers, investors, and external professionals such as legal counsel, appraisers, and brokers.
• Regulatory & Compliance: Ensure all recovery strategies comply with legal, regulatory, and investor requirements while incorporating industry best practices.
• Knowledge Sharing & Team Development: Mentor colleagues by highlighting early warning signals in the lending process and conducting structured debriefs on loan workout outcomes.

Qualifications

• Proven experience managing distressed or special loans, ideally within the Canadian commercial real estate sector.
• Advanced financial analysis and risk assessment skills with strong command of loan structuring concepts.
• Track record of negotiating complex transactions and driving successful outcomes with diverse stakeholders.
• Excellent communication, presentation, and relationship-building skills.
• Strong business judgment, resilience, and ability to perform under pressure.