Street Capital Financial Corporation

Street Capital Financial Corporation

  • 1 Yonge St
  • Toronto, Ontario
  • M5E 1E5

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Description

The senior executive team at Street Capital Financial Corporation is made up of highly respected mortgage lending leaders with established industry presence. Their combined expertise and experience create a solid foundation to this new and innovative mortgage lending company. W. Ed Gettings, AMP Chief Executive Officer Mr. Gettings previously held the position of CIBC Executive Vice President, Mortgages, Lending & Insurance. He served as overall executive leader for multiple business lines and oversaw long term strategic planning, annual plan execution and overall P&L responsibilities. By implementing the unique multi brand/channel residential mortgage lending strategy for FirstLine, President ’s Choice Financial and CIBC brands, he helped create a strategy that successfully increased loan origination capability over 400% - resulting in growth to the #2 mortgage share position. In his current role as Chief Executive Officer, Mr. Gettings is responsible for the total management of Street Capital Financial Corporation. Mr. Gettings holds a Bachelor of Business Administration from Wilfrid Laurier University. Paul Grewal, MBA, AMP President Paul Grewal was appointed President, Street Capital Financial Corporation on May 1, 2007. Mr. Grewal is responsible for mortgage origination which includes setting sales, marketing and lending business strategies, fostering partnerships and establishing technology requirements to support and sustain the business growth. In his previous position as President of FirstLine Mortgages, Mr. Grewal was accountable for overseeing a mortgage lending platform that grew assets from $10 billion to over $30 billion of mortgages under administration. He was responsible for adjudication, advancing, mortgage servicing, sales, product development, marketing and compliance for FirstLine Mortgages Prime And Access (Alternative Lending Program) Programs. In addition he held responsibility as national head of PCF Mortgage Sales and CIBC Origination Operations. Mr. Grewal holds an MBA from the University of Western Ontario. He is past Chairman of CAAMP, Canadian Association of Accredited Mortgage Professionals (formerly CIMBL). CAAMP is a national association of more than 10,700 members dedicated to establishing standards, ethics and professionalism in the mortgage industry. Lazaro M. DaRocha, CA, AMP Chief Finance and Risk Officer Mr. DaRocha brings over 17 years of experience in the Financial Services Industry. Prior to joining Street Capital Financial, Lazaro held the position of Vice President, CIBC Mortgage and Lending, Product Management. In this role, he had overall strategic accountability, with full P&L ownership for CIBC Brand Mortgages and Lending portfolios. In his current position as Chief Finance and Risk Officer, Lazaro will be accountable for all finance and risk management functions, including financial planning and analysis, treasury, liquidity and interest rate risk management, credit and fraud risk management, accounting control, audit and compliance. Mr. DaRocha holds a Chartered Accountant ’s designation and a Bachelor of Commerce degree from The University of Toronto.

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