Senior Special Loans Manager

1 month ago


Toronto, Ontario, Canada NBC Full time

Area of Focus: Risk Management

As a Senior Manager in the Special Loans division at NBC, you will serve as a specialist in your field. Your responsibilities will include assessing risks and anomalies while devising recovery strategies for managing high-risk large commercial accounts. Your goal will be to enhance overall credit quality by providing effective credit solutions and mitigating risks to the organization.

Key Responsibilities:

  • Reduce loan losses, legal liabilities, and reputational risks for NBC.
  • Revitalize the profitability of accounts facing financial challenges.
  • Conduct thorough account oversight to ensure portfolio integrity.
  • Engage in committees that necessitate a high level of expertise and represent NBC with various organizations, agencies, and key stakeholders.
  • Limit the number of loans categorized as impaired.
  • Negotiate terms with diverse stakeholders.
  • Advise and support business lines and the credit sector in managing unique cases and special projects.

Your Team:

Within 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 extensive knowledge of credit structuring and the legal landscape, as well as its diligence and experience that contribute consistently to NBC's objectives.

Qualifications:

  • University degree and a minimum of 10 years of relevant experience.
  • Strong understanding of commercial loans and syndicated transactions.
  • Experience in bankruptcy and insolvency matters.
  • Familiarity with capital markets is a plus.
  • Demonstrated leadership skills in interactions with various stakeholders (other lenders, investors, creditors, etc.).
  • Exceptional negotiation abilities.

Languages:

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

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

  • Health and wellness programs with numerous 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 are just a few of the benefits available to you. We offer a package that aligns with current trends and meets the needs of you and your family.

Our Commitment to People:

At NBC, we pride ourselves on being a human-scale bank that is recognized for its courage, entrepreneurial spirit, and dedication to people. Our mission is to positively impact lives. Our core values of partnership, agility, and empowerment guide us, and inclusivity is central to our commitments. We strive to provide a barrier-free workplace accessible to all employees.

We aim to make our recruitment process fully accessible. If you require accommodations, please inform us during your initial conversations. We welcome all candidates to explore what they can contribute to our team.



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