Commercial Credit Manager

7 days ago


London, Ontario, Canada VersaBank Full time
Role Overview

VersaBank is an innovative, Schedule 1 Chartered Bank with over $4.3 billion in assets and growing. As Canada's most innovative bank, VersaBank operates electronically, offering deposit and lending solutions for financial intermediaries.

Salary and Benefits

We offer a competitive compensation package including a base salary of $120,000 - $180,000 per year, outstanding benefits, tuition refund program, pension supplement, fitness club membership and participation in an attractive incentive award program.

Job Description

This role is responsible for providing account management oversight for new and existing lending relationships as well as the performance of those accounts. Key areas of focus include marketing plan execution, account management, reporting, and credit preparation.

Main Responsibilities
  • Source, negotiate, prepare and recommend financing for new and existing clients
  • Ensure new lending transactions meet satisfactory underwriting standards
  • Manage assigned accounts according to internal policies and procedures
  • Complete timely credit reviews and obtain necessary approvals
  • Communicate potential credit loss instances to appropriate levels
Requirements

To be successful in this role, you will require:

  • Bachelor's degree in business, finance, accounting or related field, or equivalent work experience
  • Master's degree in business administration, Chartered Accountant Designation or FICB degree preferred
  • 5+ years of work-related experience in marketing credit products and real estate lending
  • Strong analytical and decision-making skills based on effective risk assessment/management
  • Superior client service skills with ability to build strong relationships

VersaBank's Common Shares trade on the Toronto Stock Exchange ('TSX') and Nasdaq under the symbol VBNK. Our Series 1 Preferred Shares trade on the TSX under the symbol VBNK.PR.A. For more information on VersaBank, please visit our website at www.versabank.com.



  • London, Ontario, Canada VersaBank Full time

    At VersaBank, we're redefining the banking experience with innovative solutions for financial intermediaries. As Canada's most innovative bank, we've built a reputation for delivering cutting-edge deposit and lending solutions that help our clients excel in their core businesses.We're currently seeking an experienced Assistant Vice President to join our Real...


  • London, Ontario, Canada VersaBank Full time

    Located in London, Ontario, we are currently seeking an experienced Senior Commercial Lending Specialist to join our Real Estate Lending team at VersaBank.We offer a competitive salary of approximately $85,000 to $110,000 per annum, plus excellent benefits and career advancement opportunities.Job Description:Key Responsibilities:Account Management: Provide...


  • London, Ontario, Canada VersaBank Full time

    About the RoleWe are seeking a highly skilled Senior Commercial Lending Specialist to join our Real Estate Lending team at VersaBank. As a key member of our team, you will be responsible for providing account management oversight for new and existing lending relationships.Key ResponsibilitiesSource, negotiate, prepare, and recommend financing for new and...


  • London, Ontario, Canada Scotiabank Full time

    Scotiabank is a leading bank in the Americas, driven by our purpose: for every future. We aim to help our customers, their families, and their communities achieve success through a wide range of advice, products, and services.The estimated salary for this role ranges from $120,000 to $180,000 annually, depending on experience.Job OverviewThis is an...


  • London, Ontario, Canada Scotiabank Full time

    The Senior Commercial Banking Leader is a senior-level position that requires expert sales management, relationship building, and leadership skills. As the Director and Group Lead of Commercial Distribution, you will be responsible for managing a mid-market team and overseeing activities involving varying degrees of complexity.This role carries significant...


  • London, Ontario, Canada Scotiabank Full time

    Director and Group Lead, Commercial Distribution Job DescriptionThe Director and Group Lead, Commercial Distribution is a key leadership role that contributes to the overall success of the Commercial Bank. The successful candidate will be responsible for managing a mid-market team and meeting financial objectives related to profitable growth and retention of...


  • London, Ontario, Canada Scotiabank Full time

    Job OverviewWe are seeking a highly skilled Commercial Banking Director to lead our mid-market team in Canada, specifically in London, Ontario. This role offers an exciting opportunity to drive business growth, develop top-performing teams, and contribute to the overall success of Scotiabank's Commercial Banking division.Job SummaryThe Commercial Banking...


  • London, Ontario, Canada Scotiabank Full time

    Scotiabank is committed to becoming the best bank in Canada and the Caribbean, renowned for its service excellence and leadership. We seek an exceptional professional to join our team as a Senior Franchise Development Manager - Commercial Business.Salary:$80,000 - $120,000 per yearThe successful candidate will have experience in commercial business...


  • London, Ontario, Canada Scotiabank Full time

    Job OverviewThe Director and Group Lead, Commercial Distribution plays a pivotal role in driving the success of the Commercial Bank. Reporting directly to the Vice President and Head, Commercial Banking, this exceptional leader will oversee a team of Senior Client Relationship Managers, Client Relationship Managers, Associate Group Lead, Client Service...


  • London, Ontario, Canada Farm Credit Canada Full time

    About the RoleFarm Credit Canada is seeking a skilled Strategic Advisory Leader to join our team. As a key member of our advisory services team, you will play a crucial role in helping ag and food entrepreneurs advance their businesses.Key ResponsibilitiesLeverage your strategic leadership skills to drive the development and implementation of our national...


  • London, Ontario, Canada Scotiabank Full time

    Lead a Winning Commercial TeamThe Commercial Distribution Director is responsible for managing a team that drives the growth and success of the Commercial Bank. This includes meeting financial objectives, understanding client and business trends, and developing strategic plans to deepen relationships with clients. The role requires a sales leader who can...


  • London, Ontario, Canada Scotiabank Full time

    Scotiabank is a leading bank in the Americas, guided by our purpose: "for every future".We help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.This...


  • London, Ontario, Canada Farm Credit Canada Full time

    Accelerate Business Potential in the Ag and Food SectorWe are seeking an experienced professional to lead our Advisory Services team as an Agricultural Industry Growth Strategist. In this role, you will be responsible for creating connections, forging partnerships, and delivering advice to help ag and food entrepreneurs advance their business.As a key member...


  • London, Ontario, Canada VersaBank Full time

    VersaBank, a Schedule 1 Chartered Bank with over $4.3 billion in assets, is seeking an Assistant Vice President, Real Estate Lending. This role involves managing existing and new lending relationships, focusing on marketing plan execution, account management, reporting, and credit preparation.Key ResponsibilitiesOversight of account management for new and...


  • London, Ontario, Canada Cfib Fcei Full time

    We are seeking a highly motivated and skilled Commercial Development Manager to join our team in London, ON.About the RoleThis is an exciting opportunity for a sales professional to promote our services to small local businesses in London, ON. As a Commercial Development Manager, you will be responsible for building relationships with existing clients,...


  • London, Ontario, Canada Farm Credit Canada Full time

    Accelerate Growth Potential Across the Ag and Food IndustryAbout the Opportunity:Create connections, forge partnerships and deliver advice to help ag and food entrepreneurs advance their business. You'll help FCC Advisory "bridge the gap" by providing greater access to expertise, people, products, and services.This position is designated bilingual (English...


  • London, Ontario, Canada VersaBank Full time

    About Us">VersaBank is a Schedule 1 Chartered Bank with over $4.3 billion in assets and growing. We operate as a branchless financial institution, obtaining deposits and providing loans electronically through innovative solutions for financial intermediaries. Our Common Shares trade on the Toronto Stock Exchange (TSX) and Nasdaq under the symbol VBNK, while...


  • London, Ontario, Canada Aviva Full time

    Aviva is seeking a highly skilled Senior Commercial Underwriter Specialist to join our team. The successful candidate will have a proven track record in commercial insurance underwriting and a strong understanding of the industry.As a Senior Commercial Underwriter Specialist, you will be responsible for servicing a portfolio of commercial insurance business,...


  • London, Ontario, Canada Scotiabank Full time

    About the RoleWe are seeking an experienced Commercial Banking Team Leader to join our team at Scotiabank.As a key member of our commercial banking team, you will be responsible for leading and managing a team of sales professionals to achieve business objectives and drive revenue growth.Key ResponsibilitiesLead and manage a team of Senior Client...


  • London, Ontario, Canada Scotiabank Full time

    Job Description:This is a Senior Leadership Role within our Commercial Banking division, focused on driving Strategic Growth and Development. As the Director & Group Lead, you will be responsible for managing a team of experienced professionals to achieve Financial Objectives and contribute to the overall success of the Commercial Bank.About the Role:Lead a...