Multi-Unit Real Estate Finance Leader
4 weeks ago
We are seeking a seasoned finance professional to join our Multi-Unit Real Estate Finance team at National Bank. As a Manager Financing Solutions, you will play a critical role in driving our business forward by leveraging your expertise in multi-unit real estate financing. Your primary responsibilities will include conducting credit analysis, structuring credit applications, and negotiating credit terms and conditions with clients and internal partners.
Key Responsibilities
- Conduct quality credit analysis and make recommendations to ensure alignment with Bank's risk criteria and customer needs.
- Structure credit applications, mitigating risk and developing financing scenarios that meet customer requirements.
- Participate in establishing construction or term financing needs in collaboration with the Multi-Residential Account Manager.
- Negotiate credit terms and conditions with the Credit Centre and SCHL as required, in partnership with the Account Manager.
- Obtain feedback from account managers on draft credit applications and modify them as necessary to ensure they meet Bank's requirements.
- Work on the production of documents and updating of files in collaboration with account agents and the Credit Centre.
- Act as a credit resource within the team and support the development of team members' skills.
- Identify risks inherent in multi-residential real estate sector activities, including construction loans and CMHC or conventional term loans.
About the Team
You will be part of a large team of 12 colleagues, reporting to the Associate Vice-President, Portfolio Management Team - Real Estate Finance Canada. Our team is known for its dynamism and expertise in real estate financing, working in a hybrid mode that allows you to balance office and remote work. Our apprenticeship-in-action training programs enable you to master your craft, with customized training content on topics such as term or construction mortgage analysis for different asset types.
Basic Requirements
- Industry-related bachelor's degree and six years of relevant experience, or industry-related master's degree and four years of relevant experience, or undergraduate university/PUB certificate and eight years of relevant experience.
- Negotiation experience.
- Experience in SCHL multi-units Credit of 6 units or more and construction loans.
- Experience in financial statement analysis.
Estimated Salary Range: $120,000 - $180,000 per year
Benefits and Perks
- Competitive compensation package.
- Flexible benefits, including health and wellness program, flexible group insurance, generous pension plan, and employee share ownership plan.
- Employee and Family Assistance Program, preferential banking services, opportunities to get involved in community initiatives, telemedicine service, and virtual sleep clinic.
About National Bank
We are a bank on a human scale, standing out for our courage, entrepreneurial culture, and passion for people. Our mission is to have a positive impact on people's lives. Our core values of partnership, agility, and empowerment inspire us, and inclusivity is central to our commitments. We offer a barrier-free workplace accessible to all employees.
Join Our Team
We are an equal opportunities employer and welcome all candidates. If you require accommodation, please let us know during your first conversations with us. We want our recruitment process to be fully accessible. Come live your ambitions with us at National Bank.
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