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Senior Special Loans Manager

3 months ago


Montreal, Quebec, Canada NBC Full time

Area of Focus: Risk Management

A position as a Senior Manager within the Special Loans division of the Risk Management Unit at NBC entails serving as a specialist in your field. You will assess risks and anomalies while devising recovery strategies for managing high-risk large commercial accounts. Your objective will be to enhance overall credit quality by providing cost-effective credit solutions and mitigating risks to the organization.

Key Responsibilities:

  • Reduce loan losses, legal liabilities, and reputational risks for the Bank.
  • Revitalize the profitability of accounts facing financial challenges.
  • Conduct thorough account monitoring to uphold portfolio integrity.
  • Engage in committees that require a high level of expertise and represent the Bank with various organizations, agencies, and influential stakeholders.
  • Minimize the number of loans categorized as impaired.
  • Negotiate terms with various stakeholders.
  • Provide support and guidance to business lines and the credit sector in managing special cases and projects.

Your Team:

As part of the Special Loans division, you will collaborate with a team of 23 professionals and report directly to the Vice-President of Special Loans. Our team is distinguished by its advanced expertise in credit structuring and legal frameworks, along with a commitment to excellence that consistently contributes to the Bank's objectives.

Qualifications:

  • University degree with a minimum of 10 years of relevant experience.
  • In-depth knowledge of commercial loans and syndicated transactions.
  • Experience in bankruptcy and insolvency matters.
  • Familiarity with capital markets is an asset.
  • Demonstrated leadership in engaging with various stakeholders (other lenders, investors, creditors, etc.).
  • Exceptional negotiation skills.

Language Requirements:

English proficiency is essential as you will frequently interact with clients who speak languages other than French.

Essential Skills:
  • Bankruptcy
  • Commercial Lending
  • Communication
  • Credit Risk Management
  • Diversity & Inclusion
  • Empathy
  • Financial Restatement
  • Financial Statement Analysis
  • Initiative
  • Learning Agility
  • Resiliency
  • Risk Analysis
  • Syndications
  • Teamwork
  • Trading
Benefits:

In addition to competitive compensation, you will have access to a comprehensive range of flexible benefits designed to promote your well-being and that of your family:

  • Health and wellness programs with various options.
  • Flexible group insurance plans.
  • Generous pension scheme.
  • Employee Share Ownership Plan.
  • Employee and Family Assistance Program.
  • Preferential banking services.
  • Opportunities to engage in community initiatives.
  • Telemedicine services.
  • Virtual sleep clinic.

These benefits reflect our commitment to keeping pace with trends and addressing the needs of you and your family. Our dynamic work environment and advanced collaboration tools foster a positive employee experience, and we actively encourage feedback and communication.

Our Commitment to People:

We are a bank that prioritizes human values, characterized by courage, an entrepreneurial spirit, and a passion for people. Our mission is to positively impact lives, guided by our core values of partnership, agility, and empowerment, with inclusivity at the heart of our commitments. We strive to create a barrier-free workplace accessible to all employees. If you require accommodations during the recruitment process, please inform us during your initial conversations.

What can you contribute to our team?

Come and realize your ambitions with us.