Come join Home Trust Company as a Product Manager, Residential Lending in our Residential Lending Team!

Home Trust Company has developed a track record of success as Canadas leading alternative lender, employing nearly 800 people in our Toronto headquarters and branches across the country. Building on the demonstrated strength of its core residential mortgage lending business, the Company also offers complementary lending services, as well as highly competitive deposit investment products, through Oaken Financial. Our culture has been shaped by the passion and integrity of our people. Home Trust is a private company.

FIRST THING WHAT YOU NEED TO SUCCEED?
We are looking for individuals who are dedicated, passionate, and driven to execute with excellence!

WE CARE ABOUT OUR EMPLOYEES WELL-BEING, WHAT WE OFFER:

• Base salary, with yearly incentive performance bonus
  

• Three (3) weeks of vacation, an additional six (6) flex days (sick or personal) in addition to statutory holidays
  

• Comprehensive benefit packages, offered through Manulife
  

• Group Retirement Savings Plan (GRSP) up to 8% contribution program & employer match
  

• $1000 Employee Referral Program
  

• Employee Discounts; phone plans, gym membership, Toronto Bike Share and many retailer discounts offered through WorkPerks
  

• Education Assistance program

ABOUT THE ROLE:

Reporting to the Senior Manager, Product Development, the Product Manager will have overall accountability for the performance and competitiveness of Homes mortgage lending products. The incumbent will be primarily focused on managing the ongoing performance of Homes Residential Lending products, and will actively participate in the development of new products. This role will involve assessing the existing product portfolios to ensure they are competitive in Homes chosen markets. The successful candidate will analyze and monitor the product performance, develop innovative plans, work with internal and external stakeholders, implement programs and communicate results

In addition:

• Identify, assess and launch new line of business products to improve Homes competitiveness and drive profitable growth.
• Develop business cases for new product launches, or for product refinements to maintain/improve competitiveness.
• Evaluate the existing product portfolios, and make recommendations to refine or change products to maintain competitiveness in the market.
• Be the key Subject Matter Expert on Homes Residential Lending products, including end-to-end knowledge of all aspects of internal operations and partner arrangements.
• Conduct ongoing competitor intelligence and provide analysis against Homes product offerings.
• Maintain legal documentation and consumer facing correspondence to ensure all new and existing products are compliant with all relevant regulatory, legal, funding, and mortgage insurer requirements.
• Ensure all relevant product documentation has been evaluated and modified (if necessary) to maintain compliance (Standard Charge Terms, Cost of Borrowing disclosure, etc).
• Support the relationship management responsibilities with external partners to ensure strong working relationships.
• Assist in the development of new line of business products in response to fact-based consumer demands and market trends. Work collaboratively throughout the organization to design, evaluate, establish business requirements and develop marketing approach for product launch (incl. Sales, Underwriting, Operations, Credit, Compliance, IT, Treasury and Control groups).
• Facilitate discussions and requirements gathering with management on the development of new product parameters and business cases.
• Key resource on Project teams, and a representative of Sponsored projects.
• Monitor cost of funds and competitor rates in order to make recommendations on pricing changes to management.
• Undertake analysis to identify strategies that could apply to existing mortgagors to assist with loyalty and retention.
• Develop innovative opportunities to enhance Homes competitiveness in the homeownership market.
• Identify trends that will facilitate deploying mortgage products through new and emerging channels.
• Contribute to Homes overall Strategy by leveraging the groups market intelligence, portfolio data, and external research.
  

WHAT WE REQUIRE:

• Authorized to work in Canada
  
• Excellent written / verbal communication and professional maturity
• Bachelors degree required in Business, Economics, Finance, Accounting or equivalent
• 5 plus years relevant work experience within a regulated Canadian Financial Institution, with exposure to Real Estate Secured Lending.
• Experience in Product Management, Product Development, Strategy, and/or Project Management.
• Experience in Access, Excel, PowerPoint or use of SQL, SAP, SAS an asset
• Experience writing requirements and working with IT
• Strong interpersonal relationship building, negotiating and listening skills.
• Solution-focused and takes initiative to work effectively and efficiently
• Strong organizational, time management, research/analysis skills and attention to detail
• Proven ability to work both independently and collaboratively within a team environment
• Ability to present to the organizations senior management/executives
• Able to flourish in a fast paced, deadline-driven work environment
• Must be self-motivated, energetic and results-oriented and be committed to adding value to the organization
• Participate fully as a team member, work effectively with teammates and contribute to a positive work environment
• Consistently demonstrates and reinforces organizational values
  

PREREQUISITE: Maintain a positive supportive attitude, help to maintain an inclusive and supportive company culture!

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