Director, Portfolio Management

National Bank of Canada; Surrey; On-site; CAD 150,000 - 190,000; Full time

Benefits offered by this job

Health and wellness program

Flexible group insurance

Generous pension plan

Employee Share Ownership Plan

Employee and family assistance program

Preferential banking services

Community involvement initiatives

Telemedicine service

Job summary

National Bank of Canada is seeking a Director, Portfolio Management within Commercial Banking. You will lead a four-person underwriting team, guide underwriting decisions, and collaborate with Market Lead, Commercial Account Managers, and Credit Risk Management to support disciplined credit execution and strong portfolio management.

You will drive portfolio growth, maintain credit quality, and provide financing solutions to commercial clients while working within a team of professionals focused

Qualifications

• Bachelor’s degree in finance, accounting, business, economics, or a related field with significant experience in commercial banking.
• Extensive experience in commercial credit underwriting and portfolio management.
• Proven experience leading, developing, and supporting high-performing underwriting teams.
• Strong expertise in financial analysis, credit structuring, and risk assessment.
• Experience reviewing and approving complex credit transactions.
• Ability to work with multiple stakeholders in a matrix environment.

Responsibilities

• Lead a team of underwriting specialists with coaching and development to enhance expertise.
• Oversee analysis and structuring of commercial credit transactions ensuring alignment with risk appetite.
• Review credit applications to ensure quality of financial analysis and proposed mitigations.
• Support deal structuring and credit applications for complex transactions.
• Collaborate with Market Lead, Commercial Account Managers, and Credit Risk Management to drive portfolio growth.
• Monitor loan portfolio to ensure adherence to internal parameters and credit quality expectations.

Skills

Team leadership

Credit underwriting

Portfolio management

Financial analysis

Risk assessment

Stakeholder collaboration

Education

Bachelor's degree in finance or related

Job description

Your job

A career as
a Director, Portfolio Management in the Commercial Banking team at National Bank means acting as a strategic leader who balances portfolio growth with
sound risk management. This role allows you to have a meaningful impact on the
organization by leveraging your expertise in commercial credit, portfolio
oversight, and team leadership while supporting sustainable business
development.

You play a
central role in guiding underwriting decisions, strengthening credit quality,
and supporting commercial partners with well-structured financing solutions.
Your ability to combine judgment, rigor, and collaboration helps ensure
positive outcomes for clients, teams, and theBank.

• Lead a team of underwriting specialists by providing coaching, feedback and development opportunities that enhance their expertise.
• Oversee the analysis and structuring of commercial credit transactions for current and prospective clients, ensuring that recommendations are well-supported and in line with risk appetite.
• Review credit applications to ensure the quality of financial analysis, risk identification and proposed mitigation measures.
• Contribute to complex transactions by supporting their deal structuring and preparing, when required, credit applications.
• Collaborate with the Market Lead, Commercial Account Managers, and Credit Risk Management teams to support portfolio growth and sound decision-making.
• Monitor the loan portfolio to ensure continued adherence to internal parameters and credit quality expectations.

The Commercial Banking sector brings together professionals who support commercial
clients through tailored financial solutions and strong advisory expertise. You
work withinan ecosystem of specialists who collaborate closely to meet
client needs and drive responsible growth.

You will
lead a team of four underwriting professionals who report directly to you. In
this role, you will work closely with your team, the Market Lead, Sales Leader,
Commercial Account Managers, and other internal partners to support disciplined
credit execution, strong portfolio management, and client-focused solutions.
This position reports directly to the AVP & Manager, Commercial Portfolio Management covering the Fraser Valley district.

The Bank
values continuous development and internal mobility. Our personalized training
programs, based on learning in action, allow you to master your craft and
develop new areas of expertise. Tools such as the Data Academy, language
training, the Harvard Learning Center, and coaching and mentoring support are
available to you at all times.

Requirements

• Hold a bachelor’s degree in finance, accounting, business, economics, or a related field, combined with significant experience in commercial banking
• Demonstrate extensive experience in commercial credit underwriting and portfolio management
• Have proven experience leading, developing, and supporting high-performing underwriting teams
• Show strong expertise in financial analysis, credit structuring, and risk assessment
• Possess experience reviewing and approving complex credit transactions
• Be comfortable working closely with multiple stakeholders in a matrix environment

Languages

English

Your benefits

In addition to competitive compensation, upon hiring you’ll be eligible for a wide range of flexible benefits to help promote your wellbeing and that of your family such as:

• Health and wellness program, including many options
• Flexible group insurance
• Generous pension plan
• Employee Share Ownership Plan
• Employee and family assistance program
• Preferential banking services
• Involvement in community initiatives
• Telemedicine service
• Virtual sleep clinic

We have an offer that keeps up with trends as well as your needs and those of your family.

Our dynamic work environments and cutting-edge collaboration tools foster a positive employee experience. We value employees’ ideas. Whether through our surveys or programs, regular feedback and ongoing communication are encouraged.

Making a bold move in a people-first environment

We’re a bank on a human scale that stands out for its courage, entrepreneurial culture, and passion for people. Our mission is to have a positive impact on people’s lives. Our core values of partnership, agility, and empowerment inspire us, and inclusion is central to our commitments. We aim, wherever possible, to provide a barrier-free and accessible environment to all employees.

We strive to provide accessibility measures throughout the recruitment process within the limits of our available resources. If you require accommodations, feel free to let us know during our initial conversations. We welcome all candidates! What can you bring to our team?

Join us!