Key Employee - Sub Rosa

Sub Rosa; Calgary; Hybrid; CAD 75,000 - 115,000; Full time

Benefits offered by this job

Health and wellness program

Employee Share Ownership Plan

Employee and family assistance program

Preferential banking services

Involvement in community initiatives

Virtual sleep clinic

Job summary

Sub Rosa is seeking an Associate, Execution in Western Canada to join National Client Group. You will own underwriting for a portfolio, perform credit analyses, and support structuring of complex financing transactions for large private and public clients.

The role involves collaboration with senior bankers, risk management, and private equity sponsors across Calgary or Vancouver, with hybrid work expectations.

Qualifications

• Hold a Bachelor's degree in accounting, business, economics, finance or a related field.
• 2 to 5 years of experience in commercial banking or related fields.
• Progress toward CFA/CPA/CBV is a strong asset.
• Experience in credit underwriting, financial modelling and credit submissions for corporate clients.
• Strong financial statement analysis and credit structuring knowledge.
• Experience with annual reviews, amendments, renewals and portfolio monitoring.
• Ability to analyze complex information and present clear credit recommendations.
• Proficiency with Excel, Word, PowerPoint, Copilot for financial analysis and transactions.
• Strong organizational and interpersonal skills for fast-paced environments.

Responsibilities

• Assume underwriting responsibility for an assigned client portfolio with reviews and monitoring.
• Support team members in managing relationships and lending mandates.
• Prepare underwriting analyses, financial models and credit submissions.
• Perform detailed financial analysis and cash flow reviews to identify risks.
• Present credit recommendations to Risk Management and assist in structuring transactions.
• Manage transaction workstreams, due diligence and closing support.
• Collaborate with advisors, private equity sponsors and banking partners to execute financing.
• Maintain ongoing dialogue on reporting requirements and covenant compliance.

Skills

Credit Underwriting

Financial Modeling

Portfolio Management

Syndicated Finance

Risk Assessment

Cash Flow Lending

Credit Submissions

Excel

PowerPoint

Copilot

Education

Bachelor's degree in accounting, business, economics, finance or related field

Tools

Copilot

Excel

Word

PowerPoint

Job description

A career as an Associate, Execution with the National Client Group, Western Canada means joining a high-performing team dedicated to delivering relevant and timely financial solutions that support the growth of some of Canada's leading businesses. We are collaborative professionals who work together to provide financing solutions to large private companies, public corporations and private equity-backed businesses across a broad range of industries.

Based in either Calgary, Alberta, or Vancouver, British Columbia, and reporting to the Head of Credit Execution, Western Canada, you will contribute to the management of a portfolio while actively participating in credit underwriting, portfolio management and transaction execution activities. You will further develop the technical expertise and credit judgment required to manage increasingly complex financing opportunities.

This position represents the first fully accountable Credit Execution role within National Client Group, Western Canada and provides the opportunity to further develop the underwriting, execution and credit judgment skills required to progress into more senior positions. Associates are responsible for preparing underwriting analysis and credit recommendations, managing portfolio responsibilities, interacting with Credit Risk Management and contributing to transaction structuring discussions alongside senior team members while supporting the delivery of complex financing solutions to clients.

Working hours are dictated by portfolio and transaction demands under a hybrid work environment with both days in the office and at home. Occasional travel for client and team meetings will be required.

Your Job

• 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 (Execution and Relationship Management) 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 (including Loan Syndications, Debt Capital Markets, Equity Capital Markets, Treasury, Derivative Solutions and M&A) 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.

Your Team

National Client Group, Western Canada serves some of Canada's largest and most sophisticated clients across a broad range of industries. Our team distinguishes itself through its expertise in complex financing transactions, strong client relationships and collaborative approach to delivering tailored banking solutions. The portfolio consists of large private businesses, small to medium-sized public companies and private equity-backed organizations operating across diversified industries and financing structures.

As an Associate, you will collaborate closely with senior professionals while taking meaningful ownership of underwriting, portfolio management and transaction execution responsibilities. You will be part of a high-performance culture that values teamwork, continuous learning and professional development.

National Client Group is committed to supporting professional growth through a combination of formal training, mentorship and hands-on experience. This position offers a clear pathway toward more senior roles while providing exposure to a broad range of commercial banking, financing and advisory activities. You will continue to develop the technical expertise and credit judgment required to manage increasingly complex transactions.

Basic Requirements

• 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.
• Demonstrated experience performing credit underwriting, financial modeling, borrower risk assessments and preparation of credit submissions for corporate or upper mid-market clients.
• Strong understanding of financial statement analysis, cash flow lending, credit structuring and syndicated and bilateral financing transactions.
• Experience managing annual reviews, amendments, renewals and ongoing portfolio monitoring responsibilities.
• Ability to analyze complex information and formulate well-reasoned credit recommendations.
• Strong written communication skills with an ability to prepare clear, concise and well-reasoned credit submissions and recommendations.
• Demonstrated proficiency using Excel, Word, PowerPoint, Copilot and other productivity tools to support financial analysis, credit underwriting, portfolio management and transaction execution.
• Strong organizational skills with the ability to manage multiple priorities and deadlines in a fast-paced environment.
• Strong interpersonal and communication skills with an ability to establish credibility with internal stakeholders, clients and external advisors.

Languages

Financial Modeling Financial Statement Analysis Portfolio Management Risk Assessment Credit Underwriting Syndicated Finance Risk Ratings

Skills

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
• Employee Share Ownership Plan
• Employee and family assistance program
• Preferential banking services
• Involvement in community initiatives
• 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?