Commercial Portfolio Manager

7 days ago


Vernon, Canada Vernonchamber Full time

Are you an experienced Commercial Account Manager or Consumer Lender looking to take your career to the next level in a stable and dynamic environment? We have an exciting opportunity for you to succeed an established commercial portfolio at Vernonchamber.

About Us

We are neighbors helping neighbors. Our mission is clear: provide our communities with access to member-focused advice, high-quality financial services, and help our communities and employees grow.

Our Benefits
  • Stable Hours: Monday to Friday, 8:00 AM to 4:18 PM – No evenings, no weekends.
  • Truly Local: Our branches are located exclusively in the North and Central Okanagan, allowing us to genuinely value and implement our employees' insights and ideas.
  • Career Growth: We welcome Consumer Lenders with experience in small business or commercial accounts, offering a chance to expand your expertise.
  • Make a Difference: Be part of a team that makes a positive impact on our members and in the community.
The Role

This role is part of a bargaining unit which covers Main, North Vernon, Armstrong, and Arrow Lakes Branch locations. As a Commercial Portfolio Manager, you will manage a credit portfolio of moderate-sized companies by completing credit reviews, authorizing, renewing, or declining client requests. You will analyze and negotiate client needs for profitability and risk, process loan applications and related documentation, and evaluate security and loan-to-value ratios.

Requirements
  • Strong grasp of financial analysis, budget management, asset and liability management, risk analysis, tax implications, liquidity management, and economic trend prediction.
  • Advanced knowledge of consumer and commercial credit products, including managing credit, loan approvals, financial statement analysis, and monitoring security.
  • Deep understanding of the competitive landscape, industry trends, and local market conditions.
  • Comprehensive understanding of accounting principles and practices, including accounts payable and receivable, knowledge of payroll processing, bookkeeping, and financial reporting.

$85,000 - $100,000 per year, depending on experience.



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