Senior Manager Commercial Credit Risk

Bnc; Montreal; Hybrid; CAD 120,000 - 180,000; Full time

Benefits offered by this job

Health and wellness program

Employee Stock Ownership Plan

Employee and family assistance program

Preferential banking services

Community involvement

Virtual sleep clinic

Job summary

National Bank in Montreal seeks a Senior Manager Commercial Credit Risk to lead and coach in approving commercial financing applications, ensuring loan portfolio quality and profitability. You’ll implement risk strategies, monitor quality, and drive business development within a flexible work model.

The role emphasizes leadership, strategic credit decisions, and collaboration with account managers across Quebec and Atlantic regions.

Qualifications

• Bachelor's or Master's degree in administration, accounting or a related field
• Seven to ten years of relevant experience
• Experience in complex commercial financing
• Ability to lead and coach teams
• Decision-making under tight timelines

Responsibilities

• Analyze, authorize or recommend complex commercial financing applications per policies and risk appetite.
• Anticipate and identify transaction risks and mitigation strategies.
• Collaborate in a team to meet short turnaround times.
• Optimize stakeholder relationships and coach account managers.
• Participate in committees and special mandates.
• Adequately follow up on loan portfolios to improve quality.
• Encourage continuous improvement of methods to optimize processes.
• Be involved from loan origination to disbursement.
• Drive change proactively and influence peers.

Job description

Area(s) of interest:

Finance and accounting, Risk management

Location(s):

Montreal

A career as a Senior Manager Commercial Credit Risk at National Bank means acting as a leader and coach in the approval of commercial financing applications. You'll maximize the quality of a commercial loan portfolio in line with the Bank's strategic orientations. In addition, you'll implement strategies to monitor the quality of the loan portfolio in order to ensure integrity and to maximize profitability and business development.

Your role

• Independently analyze, authorize or recommend complex commercial financing applications based on credit policies and procedures as well as National Bank’s risk appetite.
• Anticipate and identify transaction risks and how to mitigate them.
• Work in a team to meet the business line's short turnaround times.
• Optimize relationships with the various stakeholders and act as a coach for account managers.
• Independently take part in various committees and special mandates.
• Adequately follow up on loan portfolios to improve quality.
• Encourage the continuous rethinking of work methods to optimize processes and systems and present innovative solutions.
• Be involved from the beginning of the credit origination process until disbursement.
• Positively impact peers and colleagues by being a proactive driver of change.

Your team

As part of the Risk Management sector, you will be part of a team of commercial credit specialists within the Credit Risk team, covering primarily the Quebec and Atlantic regions. You will report to the Senior Manager Credit Risk. The team’s mission is to ensure quality decisions and rapid execution of its commercial loan portfolios. We want to contribute to your quality of life by offering you as much flexibility as possible in your work. For example, we offer hybrid work (remote and in the office), work schedule arrangements to help you achieve work/life balance and flexible leave that you can take when it’s important to you.

The Bank values continuous development and internal mobility. Our personalized training programs, based on learning through action, allow you to master your profession 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. You’ll also have access to colleagues with a wide range of expertise, experience and backgrounds to enrich all aspects of your development.

Prerequisites

• Completed bachelor's or master's degree in administration, accounting or a related field, and seven to ten years of relevant experience
• Experience in complex commercial financing
• Excellent knowledge of commercial financial products and services
• Be a team leader recognized for helping implement credit initiatives and/or special large-scale projects
• Ability to make complex decisions in very short times

Languages

Reason to require this language: you will need to work closely with our colleagues outside Quebec.

Skills

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Analytical Skills Commercial Lending Credit Risk Negotiation Teamwork Decision Making Initiative Learning Agility Oral Communication Resiliency Written communication Analytical thinking Influencing Credit Risk Analysis Credit Application Review

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 bar-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?

Why work at National Bank?

For an environment that supports your career path

There are many varied opportunities for you to progress and develop, and move ahead in your career. This includes on-the-job learning and training, co-development and pairing with other employees, professional support and mentoring, internal career days or discussion forums with our leaders.

For an inclusive and diverse environment

We foster inclusion in an environment where each person’s unique qualities, whether visible or invisible, are celebrated and valued. We welcome all candidates! What can you bring to our team?