Senior Credit Solutions Manager, Commercial Banking

4 weeks ago


Québec, Quebec, Canada EightSix Network Full time
Job Description

At EightSix Network, we are seeking a highly skilled Senior Credit Solutions Manager, Commercial Banking to join our team. As a key member of our Commercial Banking department, you will be responsible for providing financial solutions for clients through various tasks such as risk analysis, deal structuring, credit pricing, negotiation, and presentation.

Key Responsibilities:
  • Contribute to the overall success of Canadian Business Banking by ensuring specific individual goals, plans, and initiatives are executed and delivered in support of the team's business strategies and objectives.
  • Provide financial solutions for clients through various tasks such as risk analysis, deal structuring, credit pricing, negotiation, and presentation.
  • Manage a customer portfolio of moderate to higher complexity and ensure that it meets compliance to various credit metrics.
  • Work closely with the Senior Client Relationship Manager, Credit Analysts, and Service Specialists to provide effective communication and coordination.
  • Champion a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
  • Contribute to the profitable development of Canadian Business Banking by ensuring the timely analysis, structuring, and presentation of credit proposals.
  • Provide prompt and sound recommendations in the analysis and presentation of credit proposals.
  • Ensure effective communication with the SCRM to clearly convey the rationale for decisions, so that they may respond effectively to clients.
  • Recommending pricing for loans and credit-related fees yielding a return commensurate with risk and due regard to profit, administration, and competitive considerations.
  • Recommending terms, conditions, and covenants to provide a viable banking proposal to the client within sound credit lending practices.
  • Restructuring marginal proposals into bankable deals where possible.
  • Providing guidance and counsel to SCRM, so that they may better serve clients' needs.
  • Ensure the accurate communication and effective and timely implementation of the terms and conditions of an authorization by reviewing all authorizations to ensure accuracy, completeness, and clarity.
  • Ensuring prompt follow-up for acceptance of the authorization and reacting swiftly to any problems, amendments, extensions, reporting to senior management and SCRM where necessary.
  • Promptly and effectively addressing issues surrounding the adequacy, quality, and completeness of loan documentation and security.
  • Liaising with SCRM to ensure any required changes and follow-up for the accurate execution and delivery of same prior to disbursement of funds.
  • Ensure the ongoing quality of the assigned credit portfolio through control and administration of the specific conditions and reporting requirements, as specified in individual authorizations.
  • Directing and assisting Credit Analysts (CA)/Service Specialists (SS) in the detailed evaluation of all information received, reporting deficiencies or any negative findings to senior management.
  • Adhere to any regulatory and internal Bank policies and requirements.
  • Advising senior management of any credit weakness developing within individual accounts, by ongoing awareness and analysis of relevant financial, legal, political, technological, and industry information.
  • Provide coaching/counselling/Oversight to Credit Analysts by developing the credit competencies of the CA's in relation to assigned accounts.
  • Providing timely performance feedback on credit analysis presented.
  • Champion and support a culture of diversity and other initiatives aligned with the Bank Strategy.
  • Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
  • Actively pursues effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to, and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk, and conduct risk.
  • Champions a high-performance environment and contributes to an inclusive work environment.

Requirements:
  • Work Permit


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