Associate, Credit Execution — Western Canada

Banque Nationale du Canada; Calgary; Hybrid; CAD 90,000 - 130,000; Full time

Benefits offered by this job

Health and wellness program

Employee Share Ownership Plan

Employee and family assistance program

Involvement in community initiatives

Job summary

Banque Nationale du Canada is seeking an Associate, Execution for the National Client Group in Western Canada. The role focuses on underwriting, portfolio management and transaction execution across large private businesses, public corporations and PE-backed entities.

Based in Calgary or Vancouver, you will prepare credit analyses, financial models, and underwriting materials, while collaborating with Credit Risk Management and senior team members to structure complex financing solutions.

Qualifications

• Hold a Bachelor's degree in accounting, business, economics, finance or a related field.
• 2 to 5 years of experience in commercial banking, corporate banking, leveraged finance, corporate finance, credit underwriting, financial advisory or a related field.
• Progress toward completion of, or completion of, professional designations such as CFA, CPA or CBV is considered a strong asset.

Responsibilities

• Assume primary underwriting responsibility for an assigned portfolio of clients, including annual review completion, covenant monitoring, risk rating maintenance, portfolio quality assessments and identification of emerging credit risks.
• Support National Client Group, Western Canada team members in managing and growing a portfolio of relationships across both bilateral and syndicated lending mandates while supporting broader team initiatives.
• Independently prepare credit analysis, financial models, borrower risk ratings and underwriting materials for annual reviews, renewals, amendments and new lending opportunities.
• Perform detailed financial analysis, cash flow assessments, capital structure reviews and borrower performance evaluations to identify key risks, develop well-reasoned underwriting recommendations and prepare comprehensive credit submissions in support of new lending opportunities, amendments, annual reviews and other portfolio requests.
• Present and defend credit recommendations to Credit Risk Management while incorporating feedback into transaction structures and approval materials.
• Participate in transaction structuring discussions involving leverage, covenant design, collateral packages and other credit risk mitigation measures.
• Manage assigned transaction workstreams, including financial analysis, due diligence coordination, borrower risk assessments, internal approval materials, documentation review and closing support.
• Work closely with advisors, private equity sponsors, legal counsel and internal banking partners to execute financing transactions and complete required due diligence activities.
• Maintain ongoing dialogue with clients and internal stakeholders regarding financial reporting requirements, covenant compliance and portfolio monitoring matters.
• Work collaboratively with, and provide day-to-day guidance to, Analysts on financial analysis, portfolio monitoring activities and preparation of credit-related materials.
• Leverage Excel, Copilot and other productivity tools to improve analytical quality, underwriting efficiency and transaction execution processes.

Skills

Underwriting

Financial modeling

Portfolio management

Credit analysis

Excel

Education

Bachelor's degree

Tools

Copilot

Excel

PowerPoint

Word

Job description

Banque Nationale du Canada is seeking an Associate, Execution for the National Client Group in Western Canada. The role focuses on underwriting, portfolio management and transaction execution across large private businesses, public corporations and PE-backed entities.

Based in Calgary or Vancouver, you will prepare credit analyses, financial models, and underwriting materials, while collaborating with Credit Risk Management and senior team members to structure complex financing solutions.