SENIOR MANAGER, PORTFOLIO MANAGEMENT

Turtle Island Staffing; Ontario; On-site; CAD 80,000 - 110,000; Full time

Job summary

A leading company is seeking a Senior Manager in Portfolio Management to enhance its loan portfolio management. The ideal candidate will have a strong background in banking, with responsibilities including analyzing service requests, mentoring team members, and ensuring compliance with audit policies. This role requires a bachelor's degree and 3-5 years of relevant experience, along with strong analytical and interpersonal skills.

Qualifications

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

Responsibilities

• Analyze and recommend complex service requests for loan portfolios.
• Coach and mentor team members.
• Evaluate high-risk requests and propose solutions.

Skills

Problem-solving

Time management

Interpersonal skills

Education

Bachelor’s degree in commerce or business administration

Job description

Resource must be first nation- Aboriginal

POSITION OVERVIEW

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), being 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, ensuring high-quality 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, ensuring the consistent application of policies.
• Coach, mentor, and share experience with team members.
• Keep abreast of economic trends in the region and potential impacts on the Bank’s clients.
• Stay updated on changes to policies, procedures, detailed processes, and trends in credit and regulatory issues affecting 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.
• Proactive problem-solving skills with good judgment.
• Flexibility to adapt to changing environments.
• Good time management skills and ability to prioritize to meet deadlines.
• Collaborative spirit.
• Strong interpersonal skills.
• Bilingual in French is an asset.