Manager, financing solutions

National Bank; Windsor; Hybrid; CAD 90,000 - 120,000; Full time

Benefits offered by this job

Health and wellness program

Generous pension plan

Employee Share Ownership Plan

Flexible group insurance

Telemedicine service

Community involvement

Job summary

National Bank in Mississauga, Ontario is seeking a Manager of Financing Solutions within Commercial & Private Banking 1859 to act as a credit expert for commercial clients. You will work with commercial account managers and internal partners to structure financing solutions that meet client needs and risk criteria.

The role involves high-level credit analysis, negotiating terms with Credit Risk Management, and presenting well-supported credit recommendations.

Qualifications

• Bachelor’s or higher in a related field with several years of relevant experience, or NB University Program plus extensive experience.
• Negotiation experience is required.
• Experience in commercial credit is required.
• Experience analyzing financial statements is required.
• Excellent interpersonal and communication skills with the ability to collaborate with partners and make well-reasoned recommendations.

Responsibilities

• Perform high-quality credit analyses in accordance with Credit Centre standards and make recommendations.
• Structure credit applications (board sheet structuring) and mitigate risks with financing scenarios.
• Collaborate with Commercial Account Manager to determine client financing needs.
• Negotiate credit terms with Credit Risk Management and confirm financing availability for the Commercial Account Manager.
• Incorporate feedback from Account Managers, adjust preliminary credit applications, and present to the RVP for approval.
• Prepare documents and update client files to ensure efficient processing of credit applications.
• Act as a resource for the team on credit matters and support skills development.
• Identify sector-specific risks inherent to the activities.

Skills

Negotiation

Commercial credit

Financial statement analysis

Interpersonal communication

Team collaboration

Education

Bachelor’s degree in related field

Master’s degree in related field

Undergraduate diploma from NB University Program

Job description

A career as Manager, Financing Solutions in the Commercial & Private Banking 1859 team means working closely with the commercial account managers and several other internal and external partners as a credit expert. This job allows you to have a positive impact on your colleagues and customers thanks to your knowledge on commercial financing.

Your Job

• Perform high-quality credit analyses in accordance with the standards established by the Credit Centre, and make recommendations
• Structure credit applications (board sheet structuring) by mitigating risks and developing financing scenarios that meet client needs and match the Bank's risk criteria
• Participate in determining client financing needs in collaboration with the Commercial Account Manager
• Negotiate credit terms and conditions with the Credit Risk Management as needed and confirm the availability of financing for the Commercial Account Manager
• Obtain comments from the 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 Risk Management to ensure they meet the Bank's requirements for overall client profitability
• Produce documents and update client files in collaboration with account representatives and the Credit Risk Management to ensure credit applications are processed efficiently
• Act as a resource person for your team in handling credit matters and assist, as needed, in addressing team members' skills development in this area.
• Identify the risks inherent to sector activities

Your Team

Within the Commercial & Wealth Management 1859 sector, you are part of a team of professionals supporting commercial clients. In addition, you are surrounded by an entire ecosystem of experts to help you offer the best possible solutions to customers.

Reporting to the Associate Vice-President, Commercial Banking, the selected candidate will be based in Mississauga, Ontario. You have the flexibility to work from home and/or go to the office, but you will also have to travel occasionally for client and team meetings.

Our learning-by-doing training programs enable you to master your job. Access to colleagues with different expertise, experience and profiles will enrich your development in every way.

Prerequisites

• A bachelor’s degree in a related field and 6 years of relevant experience, OR a master’s degree in a related field and 4 years of relevant experience, OR an undergraduate diploma from the National Bank University Program and 8 years of relevant experience
• Negotiation experience
• Experience in commercial credit
• Experience analyzing financial statements
• Excellent interpersonal and communication skills with an ability to effectively collaborate with partners and form well-reasoned recommendations

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!