Manager, Financing Solutions

National Bank of Canada; Halifax; Hybrid; CAD 95,000 - 140,000; 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 initiatives

Telemedicine service

Virtual sleep clinic

Job summary

National Bank of Canada seeks a Manager, Financing Solutions for the Commercial Banking and Private Banking 1859 team. You’ll act as a credit expert on complex financing, structure boardsheets, and analyze financial statements to meet client needs and bank criteria.

You’ll partner with Commercial Banking Account Managers to determine financing needs, negotiate terms, and ensure profitability while guiding junior staff in a hybrid Halifax/Moncton role.

Qualifications

• Bachelor's degree in a related field with seven years of relevant experience, or master's degree with five years, or university certificate with nine years of relevant experience.
• Experience with commercial credit.
• Experience in financial statement analysis.
• Excellent interpersonal and communication skills, with ability to collaborate with partners and make recommendations.

Responsibilities

• Act as a credit expert on commercial financing transactions of $5 million and more, including complex financings.
• Perform high-quality credit analyses and make recommendations.
• Structure credit applications (boardsheet structuring) to mitigate risks and develop financing scenarios.
• Determine client financing needs in collaboration with the Commercial Banking Account Manager.
• Negotiate credit terms with the Credit Centre and confirm financing availability.
• Obtain comments from account managers on preliminary credit applications and present to the RVP for approval.
• Work with account representatives and Credit Centre to prepare documents and update client files.
• Act as a resource on credit questions and help develop team members’ skills.
• Identify risks inherent to the sector’s activities.

Skills

Accountability

Client-focused

Communication

Diversity & Inclusion

Driving Results

Emotional Intelligence

Empathy

Humility

Initiative

Learning Agility

Resiliency

Teamwork

Education

Bachelor's degree

Master's degree

University certificate

Job description

A career as a Manager, Financing Solutions on the Commercial Banking and Private Banking 1859 team means working closely with Commercial Banking account managers and several other internal and external partners as a credit expert. With your knowledge of commercial financing, this position will allow you to have a positive impact on both your colleagues and clients.

• Act as a credit expert on commercial financing transactions of $5 million and more, and on more complex financing including business transfers
• Perform high-quality credit analyses in accordance with the standards established by the Credit Centre and make recommendations.
• Structure credit applications (boardsheet structuring) in order to mitigate risks and develop financing scenarios that meet client needs and match the Bank’s risk criteria.
• Participate in determining client financing needs in collaboration with the Commercial Banking Account Manager.
• Negotiate credit terms and conditions with the Credit Centre, as needed, and confirm the availability of financing for the Commercial Banking Account Manager.
• Obtain comments from account managers on the preliminary versions of credit applications, adjust them as needed, then present them to the RVP before they are forwarded to the Credit Centre to ensure they meet the Bank’s requirements for overall client profitability.
• Work with account representatives and the Credit Centre to produce documents and update client files.
• Act as a resource person for credit questions within your team and help develop team members’ skills, as needed.
• Identify the risks inherent to the sector’s activities.

Your team

Working in the Commercial Banking and Private Banking 1859 sector, you will join a team of professionals that supports business clients. You will also be surrounded by an ecosystem of experts to help you offer the solutions that best suit our clients’ needs.

This position reports to the Director and Team Leader, Commercial Banking and you will be assigned complex files from across Atlantic Provinces. The position is hybrid, you will share your time between the office, client and team meetings and work remotely. This person can be based in Halifax or Moncton.

Our training programs use on-the-job learning to help you master your role. You’ll also have access to colleagues with a wide range of expertise, experience, and backgrounds to enrich all aspects of your development.

Prerequisites

• Bachelor's degree in a related field and seven years of relevant experience OR master's degree in a related field and five years of relevant experience OR university certificate and nine years of relevant experience
• Experience with commercial credit
• Experience in financial statement analysis
• Excellent interpersonal and communication skills, and the ability to effectively collaborate with partners and make recommendations

Your benefits

• 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

Languages: English

Required skills: Accountability, Client-focused, Communication, Diversity & Inclusion, Driving Results, Emotional Intelligence, Empathy, Humility, Initiative, Learning Agility, Resiliency, Teamwork

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.

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?