Senior Associate Jobs in Victoria, BC (NOW HIRING)

As Senior Director, Portfolio Management within Commercial Banking team you will be responsible for leading a team of underwriting professionals that will focus on both growth and risk objectives.  Working closely with Commercial Account Managers, Associate Vice Presidents and Credit Risk Management, you will have a direct and positive impact on your team members, colleagues, clients and the Bank’s growth objectives thanks to your deep knowledge of, and experience with, commercial lending.

The Senior Director, Portfolio Management will partner collaboratively with the RVP & Market Lead and Senior Manager, Commercial to achieve positive financial outcomes through effective and timely credit underwriting for new and existing borrowers, while balancing risk and reward in line with risk appetite.

Your role

• Lead a team of underwriters, provide coaching, direct feedback, and upskilling for employees ensuring exceptional client experiences in every interaction.
• Support the Commercial Banking team in managing, and growing, an existing portfolio of commercial lending relationships in the Vancouver Island District, by completing assessment of existing and potential clients to determine alignment with the Banks product offering, financing structures and risk appetite.
• Work with team members on initial transaction analysis and deal structuring.
• Manage and review credit applications before submission to Credit Risk Management to ensure they meet the highest standards of financial analysis, credit structuring and risk identification & mitigation, while ensuring that internal policies are adhered to.
• Occasionally author credit applications for the most complex transactions.
• Provide assistance to the underwriting team with the presentation of their credit applications and challenge team members to think beyond the surface to develop financing scenarios that meet both client needs and the Bank's risk criteria.
• Coordinate and lead discussions with Credit Risk Management.
• Manage and monitor the loan portfolio to ensure alignment with the Bank’s established parameters.
• Work with adjacent teams to ensure required conditions are met prior to funding, ensuring a positive working relationship is maintained at all times.

Your Team

Within the Commercial and Private Banking 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 RVP & Market Lead, Vancouver Island District, the position is based in Victoria, BC.

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

• Bachelor’s degree in accounting, business, economics, finance or a related field; professional designation(s) and/or an advanced degree is considered a strong asset
• 10+ years of related commercial banking experience
• Experience building, developing and leading a team of high performing credit underwriting professionals
• Exceptional commercial credit analysis skills, and the ability to creatively solve problems and clear, succinct and persuasive credit writing capabilities
• An entrepreneurial mindset with the ability to blend strong technical knowledge with sound business judgement
• Excellent interpersonal and communication skills with an ability to effectively collaborate with partners at all levels