Director, Corporate Special Loans

4 months ago


Edmonton, Canada ATB Financial Full time

**Our bottom line is different.**

There’s something special about working at ATB, and it’s been recognized on every top employer list that matters. Maybe it’s our exceptional culture where your total wellness is supported through market-leading benefits and you’re free to bring your whole self to work. Maybe it’s our commitment to a growth mindset and our unrelenting thirst for making it possible for fellow Albertans—even the ones who aren’t our clients.

Whatever it is, you won’t find a more genuine, driven and knowledgeable group of humans anywhere. We foster a culture of purpose, performance and possibilities. We engage with intense curiosity, and bring our whole selves to work, every day. We know it starts with people like you, so take a chance and start with us.

Department: Risk, Corporate Risk Advisory and Management

Job Number: REQ7237

Location: Calgary or Edmonton #LI-Hybrid

Paygrade: N - OTH

System Title: Business Workout Manager 9

Positions available: 1

Leader Name: Managing Director, Risk Advisory and Management

Work Arrangement: Hybrid - You’ll work both remote and onsite, where time onsite is based on your job accountabilities and performance objectives.

**As ATB’s next Director in Special Loans** (what we internally call Corporate Risk Advisory and Management), you will manage a portfolio of distressed accounts and act as an advisor to sales teams on challenging accounts. The position will focus on developing strategies and risk mitigation while working with borrowers to turnaround businesses or maximizing recoveries when navigating to an exit. Additional responsibilities include:

- Analyzes status quo, client forecast and business plan, challenges borrower’s assumptions, develops and executes credit restructuring plan or exit strategy (including enforcement) in order to manage risk and minimize losses on non-viable business loans;
- Uses legal action (including formal insolvency processes) and other strategies to recover value for ATB;
- Assesses collateral value and conducts ongoing assessment of financial records in order to monitor risk and adapts strategies based on change in risk;
- Leads difficult conversations, builds strong relationship with client, and negotiates terms of amendments and forbearance agreements;
- Works and communicates effectively with restructuring professionals, insolvency counsels, valuators, and financial advisors;
- Works closely with Associate Director assigned to portfolio to ensure that customer service expectations and credit quality is maintained; and
- Adjudicate corporate credits for Credit Adjudications when excess capacity in Risk Advisory & Management.

**Requirements**:

- At least 5 years of accounting or banking experience; special loans or restructuring and insolvency experience would be considered an asset
- A Client Obsessed focus and a desire to be a Champion of Belonging
- Able to quickly gain working knowledge of a business and identify the underlying cause of financial distress.
- Mastery-level knowledge of relevant industries, deal restructuring, the business cycle, and credit restructuring practices
- Demonstrated credibility through professional track record, integrity, and business knowledge
- Exceptional communication and negotiation skills with the ability to develop consensus and to influence key stakeholders
- Work well under pressure and able to make decisions based on limited information

**At ATB, we know that as you develop in your career, you gain many transferable skills.** If you believe your experience and qualities are a match for this position, please consider applying.

**Benefits**

**Be great. Be you. Believe.**

**What happens **next**?**

**Stay in touch**

ATB is excited to know you’re interested in a career with us Follow us on LinkedIn, Facebook and Instagram to get the inside scoop on what our team is up to.

Li-Hybrid


  • Manager, Special Loans

    3 months ago


    Edmonton, Canada CWB Financial Group Full time

    At CWB , we strive to build value for the people who choose us every day: our people, our clients and our investors. We do this by: - Putting people first and building relationships with intention- Seeking out and embracing new ideas- Believing that how we do things is as important as what we do Roles Specifications Location Edmonton Corporate...


  • Edmonton, Canada CWB Financial Group Full time

    At CWB , we strive to build value for the people who choose us every day: our people, our clients and our investors. We do this by: - Putting people first and building relationships with intention- Seeking out and embracing new ideas- Believing that how we do things is as important as what we do Credit Manager, Special Loans Location | Vancouver, BC....

  • Cmb Insurance Brokers

    4 months ago


    Edmonton, Canada CMB Insurance Brokers Corporate Service Full time

    **ESSENTIAL FUNCTIONS** **Processing New Loans and Endorsements** - Process new loans verifying for accuracy and completeness - Process loan endorsements on a timely basis - Input and manage data in several systems and ensure tracking records are updated with each transaction - Ensure lending operations are conducted in accordance with established policies...


  • Edmonton, Canada TPD® Workforce & HR Solutions Full time

    Associate Director, Loan AdministrationEdmonton, ABOur client, KV Capital, is offering a fantastic opportunity for an Associate Director, Loan Administration to join their team.KV Capital prides itself on its collaborative culture and excellent growth prospects. Don’t miss your chance—apply today!Perks And BenefitsRoom for career growthCompetitive...


  • Edmonton, Canada TPD® Workforce & HR Solutions Full time

    Associate Director, Loan AdministrationEdmonton, ABOur client, KV Capital, is offering a fantastic opportunity for an Associate Director, Loan Administration to join their team.KV Capital prides itself on its collaborative culture and excellent growth prospects. Don’t miss your chance—apply today!Perks And BenefitsRoom for career growthCompetitive...


  • Edmonton, Alberta, Canada CWB Financial Group Full time

    Corporate Banking AssociateCWB Financial Group is seeking a highly motivated and experienced Corporate Banking Associate to join our team. As a key player in shaping the credit structuring, execution, and expansion of our Corporate Banking portfolio, you will have the opportunity to thrive in a collaborative, team-driven atmosphere while making a significant...


  • Edmonton, Alberta, Canada CWB Financial Group Full time

    Corporate Banking AssociateCWB Financial Group is seeking a highly motivated and experienced Corporate Banking Associate to join our team. As a key player in shaping the credit structuring, execution, and expansion of our Corporate Banking portfolio, you will have the opportunity to thrive in a collaborative, team-driven atmosphere while making a significant...


  • Edmonton, Alberta, Canada CWB Financial Group Full time

    About the RoleCWB Financial Group is seeking a highly skilled and experienced Corporate Banking Associate to join our team. As a key player in shaping the credit structuring, execution, and expansion of our Corporate Banking portfolio, you will have the opportunity to thrive in a collaborative, team-driven atmosphere while making a significant impact on our...


  • Edmonton, Alberta, Canada CWB Financial Group Full time

    About the RoleCWB Financial Group is seeking a highly skilled and experienced Corporate Banking Associate to join our team. As a key player in shaping the credit structuring, execution, and expansion of our Corporate Banking portfolio, you will have the opportunity to thrive in a collaborative, team-driven atmosphere while making a significant impact on our...


  • Edmonton, Division No. 11, CA TPD® Workforce & HR Solutions Full time

    Associate Director, Loan AdministrationEdmonton, ABOur client, KV Capital, is offering a fantastic opportunity for an Associate Director, Loan Administration to join their team.KV Capital prides itself on its collaborative culture and excellent growth prospects. Don’t miss your chance—apply today!Perks And BenefitsRoom for career growthCompetitive...


  • Edmonton, Canada CWB Financial Group Full time

    Associate, Corporate BankingLocation: Edmonton, AB or Toronto, ON.Roles SpecificationsEveryday flexibility. Hybrid work environments. On-site requirements.At CWB, we strive to build value for the people who choose us every day: our people, our clients, and our investors. We do this by holding true to the values that guide us. We put people first and build...


  • Edmonton, Canada CWB Financial Group Full time

    Associate, Corporate BankingLocation: Edmonton, AB or Toronto, ON.Roles SpecificationsEveryday flexibility. Hybrid work environments. On-site requirements.At CWB, we strive to build value for the people who choose us every day: our people, our clients, and our investors. We do this by holding true to the values that guide us. We put people first and build...


  • Edmonton, Canada Canadian Western Bank Full time

    At CWB, we strive to build value for the people who choose us every day: our people, our clients, and our investors. We do this by holding true to the values that guide us. We put people first and build relationships with intention. We seek out and embrace new ideas, knowing that better is always possible. We believe that how we do things is as important as...


  • Edmonton, Canada Canadian Western Bank Full time

    At CWB, we strive to build value for the people who choose us every day: our people, our clients, and our investors. We do this by holding true to the values that guide us. We put people first and build relationships with intention. We seek out and embrace new ideas, knowing that better is always possible. We believe that how we do things is as important as...


  • Edmonton, Alberta, Canada Ace Handyman Services Southern Maine Full time

    Job DescriptionThe Town of Claresholm is seeking a highly skilled and experienced professional to fill the role of Director of Corporate Services. This is a senior management position that reports directly to the Town's Chief Administrative Officer (CAO).Key ResponsibilitiesFinancial Operations Management: Oversee the Town's financial operations, ensuring...


  • Edmonton, Alberta, Canada Ace Handyman Services Southern Maine Full time

    Job DescriptionThe Town of Claresholm is seeking a highly skilled and experienced professional to fill the role of Director of Corporate Services. This is a senior management position that reports directly to the Town's Chief Administrative Officer (CAO).Key ResponsibilitiesFinancial Operations Management: Oversee the Town's financial operations, ensuring...


  • Edmonton, Canada ATB Financial Full time

    **OUR BOTTOM LINE IS DIFFERENT.**: There’s something special about working at ATB, and it’s been recognized on every top employer list that matters. Maybe it’s our exceptional culture where your total wellness is supported through market-leading benefits and you’re free to bring your whole self to work. Maybe it’s our commitment to a growth mindset...


  • Edmonton, Alberta, Canada Disability Solutions Full time

    About the RoleWe are seeking a highly skilled Credit Manager, Special Loans to join our team. As a key member of our Special Loans team, you will be responsible for assessing high-risk commercial portfolio files with sensitivity and precision, playing a crucial role in our risk management and credit analysis processes.Key ResponsibilitiesSupport daily credit...


  • Edmonton, Alberta, Canada Disability Solutions Full time

    About the RoleWe are seeking a highly skilled Credit Manager, Special Loans to join our team. As a key member of our Special Loans team, you will be responsible for assessing high-risk commercial portfolio files with sensitivity and precision, playing a crucial role in our risk management and credit analysis processes.Key ResponsibilitiesSupport daily credit...


  • Edmonton, Alberta, Canada CWB Financial Group Full time

    At CWB Financial Group, we are dedicated to creating value for our stakeholders: our employees, clients, and investors. We achieve this by: Prioritizing people and fostering meaningful relationships Embracing innovative ideas Recognizing that our methods are as crucial as our objectives Position: Associate in Corporate Banking Location:...