Manager, Commercial

4 weeks ago

Moncton, New Brunswick, Canada Meridia Recruitment Solutions Full time

Manager, Commercial & Real Estate Lending
Halifax, Nova Scotia or Moncton, New Brunswick
Reference #JL-18077

Atlantic Central is the regional trade association for more than 40 independent member credit unions across Atlantic Canada. League Savings and Mortgage and Atlantic Central are active commercial real estate lenders in Atlantic Canada. They provide a range of financial services, leadership, and advocacy to support credit unions and the communities they serve to grow well. Their credit unions proudly serve nearly 293,000 members and play a significant role in the Atlantic Canadian economy. They are proud to be a Certified B CorporationTM joining a global movement of people using business as a force for good. They are committed to making business decisions that are in the best interests of their employees, credit unions and their members.

On behalf of our client, we are currently recruiting for a Manager, Commercial & Real Estate Lending to join their team of dedicated professionals in Halifax, Nova Scotia or Moncton, New Brunswick.

This is a leadership role within the commercial real estate financing team. As the Manager, Commercial & Real Estate Lending, you will lead a dynamic group of Commercial Relationship Managers and Commercial Analysts. The jobholder will work closely with the Director, Commercial & Lending Services, and will provide a significant contribution to the management and growth of their commercial mortgage/construction loan portfolios, providing support, advice, and guidance to clients and referral sources while playing a key role in the development of Commercial Lending team.

Key Requirements and Responsibilities:

Leadership

  • Atlantic Central is committed to developing members of their team. As an experienced people leader, you will help to guide and develop members of the team to improve their capabilities and help them achieve.

Origination

  • A key requirement will be experience in originating commercial real estate and construction loans.
  • Ideally the jobholder will have an established referral network in Atlantic Canada but should be able to demonstrate experience in developing and maintaining one.

CMHC Experience

  • The team is active in the origination and servicing of CMHC insured multi residential housing loans, including the acquisition of loan portfolios for securitization.
  • The jobholder will be expected to have, or quickly develop, a full understanding of CMHC criteria pertaining to the insurance of multi residential real estate financing.

Portfolio Management

  • In conjunction with the Director, Commercial & Lending Services, the jobholder will manage the commercial real estate loan portfolio which will include ensuring loans are an acceptable risk and within guidelines and policy, completing annual reviews, managing and delinquency and recovery activities.

Credit Adjudication

  • The role will require the ability to adjudicate on commercial real estate loan and construction loan applications. Credit experience is therefore considered an asset.

As an experienced commercial real estate lender, the Manager, Commercial & Real Estate Lending will have successfully completed a bachelor's degree with an emphasis in finance or a related discipline plus have ten years commercial real estate lending/underwriting experience; or equivalent combination of training and experience. You will be an experienced people leader with a passion for delivering exceptional service to clients and your referral network to assist in the growth of the lending portfolios. You will bring a keen sense of organization, planning and prioritization, and will have an eye for detail, and an analytical mind. Knowledge of CMHC criteria and processes in relation to multi residential lending would be considered a valuable asset.

Atlantic Central and League Savings and Mortgage deliver quality results and offer a collaborative and community focused work environment in which to do it. Their employees' well-being is a top priority, and they underscore that with flexible working arrangements, personal days, and even birthdays off, to enable employees to strike a balance that works for them. They strive to create an environment where all team members have opportunities for growth and feel welcome, valued, supported, and connected.

To express interest in this opportunity please apply online directly:

If you have any questions, please contact Brittany Beale, Consultant, at or Jeff Lanthier, Partner, at If you require accommodation to participate in the recruitment process, please let us know.

Meridia Recruitment Solutions connects leading organizations with top talent by building strong relationships and creating ideal matches with candidates because we are only successful when you are. We appreciate your interest in this opportunity.

To learn more about Meridia Recruitment Solutions, our job opportunities, and career advice we invite you to explore our site and subscribe for career alerts.

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