SENIOR MANAGER, PORTFOLIO MANAGEMENT

Turtle Island Staffing; Canada; On-site; CAD 80,000 - 100,000; Full time

Job summary

A leading financial services organization in Canada is seeking a Senior Manager, Portfolio Management. The role involves managing a loan portfolio, analyzing complex requests, and developing solutions to meet client needs. Candidates should have a Bachelor’s degree and 3-5 years of relevant experience. Strong analytical and interpersonal skills are essential, and bilingualism in French is an asset.

Qualifications

• 3-5 years of experience as an account manager in the banking sector.
• In-depth knowledge of banking products, services, policies, processes, and procedures.
• Bilingualism in French is an asset.

Responsibilities

• Analyze and recommend complex service requests.
• Follow up on outstanding issues in accordance with audit policies.
• Evaluate high and advanced risk requests.

Skills

Problem-solving

Interpersonal skills

Analytical skills

Time management

Flexibility

Education

Bachelor’s degree in commerce or business administration

Job description

Resource must be first nation- Aboriginal

POSITION OVERIVEW

The Senior Manager, Portfolio Management contributes to updating the Bank’s loan portfolio by processing service requests and annual reviews required during the life cycle of a loan. He or she analyzes and recommends complex and advanced service requests and supports the Business Development team in developing efficient solutions to meet the client’s requests while adhering to the Bank’s policies and directives.

CHALLENGES TO BE MET

• Follow up on outstanding issues in the files in accordance with BDC’s audit policies, processes, and procedures by ensuring that the forms and information are accurate and complete, the conditions are met, and the signatures are obtained
• When completing an annual review, validate the profitability of the portfolio by monitoring the client’s borrowing activities and identify additional opportunities (financing or consulting) and be proactive to retain existing clients
• Review financial statements, complete the financial analysis, and evaluate the risk rating
• Actively address situations where potential risks are identified, such as arrears, risk deterioration and declining financial results
• Evaluate high and advanced risk requests and offer proactive solutions to restructure agreements, minimize risk and mitigate losses in collaboration with Credit, the business centres and other internal colleagues
• Authorize, decline, or recommend services, within the established parameters, and ensure a high caliber of analysis and due diligence for all loan amendments and service requests
• Maintain relationships with business centre personnel and colleagues to foster good teamwork and the pursuit of common objectives and the consistent application of policies
• Coach, mentor and share experience with team members
• Keep abreast of economic trends in his or her region and any potential impact for the Bank’s clients
• Keep abreast of changes made to policies, procedures, and detailed processes and of trends in credit and regulatory issues that may have an impact on BDC

WHAT WE ARE LOOKING FOR

• Bachelor’s degree in commerce or business administration
• 3-5 years of experience as an account manager in the banking sector
• In-depth knowledge of banking products, services, policies, processes, and procedures
• Ability to analyze complex financial structures
• Ability to identify and solve problems pro-actively with good judgment
• Demonstrated flexibility to adapt to a changing environment
• Good time management skills and ability to set priorities to meet tight deadlines
• Collaborative spirit
• Strong interpersonal skills
• Bilingualism in French is an asset