Associate Director, Account Management

1 month ago


Montreal, Canada Scotiabank Full time

Requisition ID: #

Roynat Capital, a wholly owned subsidiary of Scotiabank, is a national lender and investor with expertise in providing innovative long-term capital solutions for mid-sized companies utilizing senior term, subordinated debt, as well as mezzanine capital and common share equity. We provide tailored solutions to clients for acquisitions, business expansions, wealth monetization, and working capital enhancement. With a national presence in Canada in major markets, Roynat assists growth-oriented companies in reaching their goals across a wide range of industries.

Role Overview: Contributes to the overall success of the National Hospitality team, the Associate Director is responsible for creating business development opportunities and cultivating a business profile in his/her local market by attending various networking functions and maintaining a professional presence with contacts and key referral sources.

The incumbent is also responsible for managing and expanding a complex portfolio of accounts. He/she monitors account performance; ensures regular contact with clients to deepen relationships, conduct applicable account reviews and implements payout prevention strategies as appropriate, with the ultimate goal of providing tailored credit solutions.

Key Responsibilities:

  1. Champions a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
  2. Acts as an Industry Specialist, providing guidance and expertise.
  3. Develop and execute business plan to achieve individual target objectives and ensure progress is made towards maximizing the potential business from existing clients and new prospects within an assigned market area.
  4. Developing and maintaining a regular sales call program with clients to ensure effective management, retention, and expansion of each relationship.
  5. Establishing and maintaining solid relationships with Hotel Franchisors, Franchisees, and key business referral sources (COIs) in the assigned market area.
  6. Identifying, researching, and calling on prospects to establish and nurture a strong relationship with the goal of winning their business and becoming their trusted advisor.
  7. Maintaining a current and thorough knowledge of Roynat Capital’s specialized product offerings which include Term, Subordinated Debt, and Equity.
  8. Maintaining a current and thorough knowledge of client businesses and industries in order to identify holistic financial solutions to meet client needs.
  9. Maintaining a solid knowledge of competitors and other threats in the marketplace to pro-actively adjust business plans.
  10. Identifying opportunities to refer clients/prospects to Scotiabank partners and/or participate in joint calls as appropriate.
  11. Manage and control assigned loan portfolio to ensure it is at an acceptable level of risk and generates an appropriate return.

Minimum Requirements:

  1. University degree (undergraduate or graduate level) with a focus on Economics, Commerce, Finance, and/or Accounting.
  2. Professional financial designation such as a CPA or CFA (e.g. CA, CMA, CFA) is strongly preferred.
  3. 6+ years of related commercial credit or analysis and business development experience in a financial services environment.
  4. Proven track record for sales/closing skills.
  5. Established networking and relationship-building skills.
  6. Expert negotiation skills, risk assessment, and analysis skills.
  7. Excellent communication and interpersonal skills.
  8. Superior deal structuring skills.
  9. Exceptional presentation skills and ability to think/respond quickly.
  10. Solid awareness and understanding of differences in the tax, legal, and accounting rules of the various jurisdictions that Roynat operates within.

What’s in it for you?

  1. A competitive compensation and benefits package.
  2. Ability to make a lasting impact on an assigned book of customers.
  3. An inclusive culture where we value and recognize our employees’ contributions.
  4. An organization committed to making a difference in our communities.

Pursuant to a language needs assessment conducted by Scotiabank, the successful candidate will be required to communicate in English.

Location(s): Canada : Quebec : Montreal || Canada : Nova Scotia : Halifax

We value the unique skills and experiences each individual brings to the bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone.

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