Account Manager-broker Financing

1 week ago


Winnipeg, Manitoba, Canada Wawanesa Insurance Full time

Date:
Jun 18, 2024

Location:
Winnipeg, MB (Hybrid), CA

Company:
Wawanesa Insurance

Job ID: 8184

Working Business Language:
English

Salary:

At Wawanesa, salary is only one component of a holistic, comprehensive and competitive offering that we provide to our employees.

In addition to salary, full-time and part-time permanent employees are eligible for an annual bonus plan, leave of absence top-up programs and provided with generous vacation time, personal days, premium free benefits and pension plan.


About Us

At Wawanesa, we're proud to offer a hybrid work environment that offers flexibility to our employees in balancing in-office (2 days per week OR 15 hours per week in a Wawanesa office) and remote work.

You may work from any of the following locations:
Winnipeg, MB;


We are currently looking for dedicated, driven, and enthusiastic individuals who thrive in an environment that welcomes change and are looking for an opportunity for diverse experience and advancement on a growing team.


Job Overview:

Responsibilities:

  • Contribute to profitable growth and quality of the Broker Financing Program by providing financial solutions and related activities for broker customers.
  • Ensure sound risk analysis, deal structuring, security and monitoring is afforded to all new and existing broker financing arrangements, minimizing potential losses.
  • Respond to any deteriorating credit situations, or nonperforming loans in a timely, proactive manner with the goal of minimizing losses.
  • Conduct Annual Reviews on existing accounts in a timely manner adhering to compliance regulations.
  • Develop strong customer relationships by providing prompt, advice based solutions to their requests.
  • Negotiate credit structure and terms with senior management group and customers.
  • Liaise with legal representation in the preparation of Loan Agreements and Security.
  • Liaise with other financial institution partners, as required.
  • Manage operational activities to ensure accurate and efficient completion of all processes.
  • Mentor, supervise and lead development of junior team members
  • Participate as deal team member for equity transactions as required, which may include financial due diligence, document preparation/review, preparing materials for consideration by Senior Executives or Board members.
  • Perform other duties as assigned.

Qualifications:

  • Post-Secondary Degree in business or finance.
  • Ten years of commercial lending experience (or an equivalent combination of education and experience).
  • High level of knowledge in financial statement analysis, credit analysis, risk management, capital structures, accounting principles and policies, and complex loan documentation and security.
  • Indepth knowledge of lending practices, procedures and regulatory environment.
  • Proficient level of technology skills; Microsoft Office skills.
  • Strong time management and organizational skills, selfmotivator.
  • Effective communication skills, both written and oral, with strong negotiating skills.
  • A team player that can work in a collaborative environment.

Wawanesa is proud to be one of Manitoba's Top Employers
, a Kincentric Best Employer
in Canada and a Forbes Best Employer
in Canada recognizing an exceptional place to work
**Diversity, Equity & Inclusion
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