Associate Director, Portfolio Management

Full Time Calgary, AB, CA 6 days ago Requisition ID: 1004 Salary Range: $85,000.00 To $110,000.00 Annually - Job type – Permanent, full time Your Talent, Your Terms | Results, Recognition and Rewards What’s the job >The Associate Director, Portfolio Management is an integral role within Travelers, one of which that is vital to the long‑term growth and success of the business. The Associate Director, Portfolio Management will have a high‑degree of interface with our clients and on‑going management of Travelers’ portfolio investments. Responsibilities include, but are not limited to, day‑to‑day management of the Travelers portfolio of investments, review and analysis of on‑going portfolio company reporting, assist with execution of live transactions, assist the Senior Director with restructuring/recovery of deployed capital, and assist with the required amendments as requested or deemed necessary within the existing portfolio. The Associate, Portfolio Management will work closely with the leadership team to assist in the effective management and operational efficiency in all aspects of the business, contributing to the profitable growth and scalability of Travelers Capital Corp. What you’ll be doing - Assist with the overall post‑closing monitoring and management of the Travelers’ investment portfolio, including the diligent collection and review of all reporting requirements, monitoring the good standing of each portfolio investment, and assisting with any remediation steps taken by Travelers as necessary to protect and efficiently manage the portfolio. - Monthly, oversee portfolio performance and monitoring, including actively checking‑in with portfolio companies / managed debtor entities to ensure compliance of reporting requirements, insurance requirements, investment covenants, and ad‑hoc deliverables. - Engage with Travelers’ titling agents to ensure underlying collateral is accounted for and perfected, as needed (as it relates to USA based transactions with titled security) - Conduct analysis of the information collected from debtor companies and identify improving or deteriorating debtor trends, potential breaches of covenant, trailing-12 month analysis, and observe on‑going key credit metrics. - Assist in the authoring formal credit amendment memorandums to the investment committee and/or investment partners, complete with key credit metrics, and assist with the documentation and implementation process of such amendments. - Pro-actively monitor and work with clients going through periods ofrigorous transition, providing strategic advice, consult, analysis, and recommendations to the Senior Director and VP and investment committee on future‑looking amendments to maintain good standing and preservation of capital. - Assist with the documentation and engagement with outside firms (i.e. counsel, trustees, etc.) on processes including, but not limited to, regular course loan/lease modifications, payout requests, asset discharge requests, renewal and extension agreements, potential work‑out documentation (i.e. demand notices, forbearance agreements, etc.), pending and on‑going recovery, remediation and restructuring materials, and initiative and conduct formal recovery proceedings, including appointment of bailiffs and receivers. This individual will assemble and maintain certain standard documents that can be completed in‑house as well. - Assess several business concerns and work with the team to formulate recommendations to the investment committee / various stakeholders. This may include preparing written reports for Travelers counsel and/or other stakeholders in accordance with the mandate of the file and collaborating with a trustee /receiver in dealing with legal elements of the recovery process. - Responsible for portfolio organization and maintenance by obtaining final or post‑closing requirements to ensure each file is complete, monitoring timelines and milestones which enable the lender’s portfolio management rights (i.e. annual collateral valuations, etc.), and the execution and management of said lender rights. - Works with Senior Director and VP and accounting department as a liaison to manage the proper accounting of each financing during the term of the investment. - From time to time, the candidate may be required to compile reports on the overall portfolio, analyzing the portfolio for overall trends, credit risk, identify and update on assets under scrutiny/workout, and summarize key statistics. - Responsible for reporting on and escalates any unusual occurrences or fraudulent activities in any areas of the portfolio. - Understands and adheres to the standards and procedures of the Anti‑Money Laundering program, Know Your Customer requirements, and Guidelines for Business Conduct. - The candidate will exhibit a natural curiosity for the subject matter and apply critical thinking to the task at hand and its respective impact on the overall business and its stakeholders. - Identifies opportunities for automation/streamlining and process improvements to improve efficiencies and to increase productivity in workflows. - Provide excellent customer service through strengthening client relationships, answering queries in a timely manner and owning the day‑to‑day operations of the on‑book portfolio. - Ability to complete tasks with thoroughness and attention to detail, while also effectively meeting deadlines and managing complex and heavy workloads with minimal supervision. What you bring - 3+ years of job‑related experience, preferably within a financial institution, private capital firm, accounting or consulting firm, or law firm - Bachelor's Degree in Commerce or related field, or diploma of equivalent recognition with at least 3‑4 years of study - Professional designation (CFA, CPA, CBV, etc.) an asset - Strong integrity, professionalism and work ethic without sacrificing your ability to have fun on the job - Excellent verbal, written and presentation skills - Knowledge of general business principles and practices, including, analyzing, and interpreting financial data as well as a working knowledge of secured creditor enforcement and remediation rights - Ability to work with many internal and external stakeholders and to negotiate in the interest of the firm - Experience within or understanding of the asset‑based lending industry and/or restructuring & insolvency industry an asset. - Proficiency in Word, PowerPoint, Outlook, and specifically Excel - Ability to travel (as required) TCC’s culture is results, recognition and rewards based, with a focus on achieving results in a high performing team environment. As part of the Travelers Financial Group of Companies, Travelers Capital Corporation is an alternative capital provider to public and private mid‑market enterprises seeking custom finance solutions outside of those offered by traditional lending institutions. TCC is a full scope financier providing asset based loan and lease solutions to borrowers facing a variety of traditional funding challenges, from transitional and distressed balance sheet restructurings to rapid growth working capital and acquisition requirements. With a deep understanding of asset finance and operation management, TCC is able to evaluate a borrower’s capital needs and inherent risks from an enterprise perspective, allowing for tailored, creative, and timely credit solutions. TCC is an equal opportunity employer and employs team members without regard to race, colour, ancestry, place of origin, political belief, religion, marital status, family status, physical disability, mental disability, sex, sexual orientation, gender identity or expression, age, or any other protected personal characteristic. Results, Recognition, and Rewards At TCC, we are driven by results and committed to recognizing and rewarding your achievements. Through performance‑based rewards and growth opportunities, your contributions are valued and acknowledged, motivating you to continue excelling in your role. Growth opportunities and supportive leadership Our leaders are committed to your professional growth and success. They provide guidance, resources to help you develop your skills, expand your knowledge, and achieve your career goals within the organization. Employer paid benefits At TCC, we prioritize the well being of our team by offering a comprehensive benefits package. Our medical and dental plan includes vision care and life insurance, ensuring you and your dependents have the coverage you need. Employee Investment Program We believe in helping you achieve your financial goals. Our investment program offers the choice of RRSP, TFSA, and Cash accounts. To further support your savings, TCC provides a company matching program, helping you grow your investments more effectively. Promoveo TCC celebrates choice and offers the ability to work in office (Vancouver & Calgary), hybrid or remote (for most roles). We know that our team members are the most important part of our business and we trust in our team members to work in a way that provides them the ability to succeed in their work. #J-18808-Ljbffr