Commercial Real Estate Banking Associate

4 weeks ago


Montreal, Quebec, Canada Scotiabank Full time

About the Role

The Commercial Real Estate Banking Associate will contribute to the profitable growth and quality of the Commercial Real Estate Banking portfolio across Canada by participating as part of a coverage team in the development of complex credit solutions for Real Estate Investment Fund clients.

Key Responsibilities

  • Participate in the timely analysis, structuring, and preparation of credit/financial solutions proposals.
  • Provide prompt and sound recommendations in the analysis and presentation of credit proposals.
  • Restructure marginal proposals into bankable deals where possible.
  • Synthesize industry research and competitive analysis.
  • Analyze client business cases and proposals for reasonability.
  • Model building/development of covenant patterns/vetting and stress testing of projections.
  • Meet with clients and prospects as part of the "Deal Team" (as appropriate).

Requirements

  • College or University Degree in Business or other related fields.
  • 1 - 2 years experience in Real Estate Banking strongly preferred.
  • Good credit skills and significant credit experience.
  • Strong assessment and analysis skill.
  • Strong accounting and financial analysis skill.
  • Good deal structuring skills.
  • Good understanding of customer profitability model.
  • Ability to build solid business case justification for deals.
  • Good interpersonal and teamwork skills.
  • Good communication skills (oral & written).
  • Good product knowledge.
  • Good industry knowledge with areas of specialization where required.
  • Strong financial modelling and computer skills including Excel.

What We Offer

  • A competitive compensation and benefits package tailored for the Investment & Personal Banking Specialist, Investment & Retirement Planning role.
  • Ability to make a lasting impact on an assigned book of customers.
  • An inclusive culture where we value and recognize our employees' contributions.
  • An organization committed to making a difference in our communities – for you and your customers.

Pursuant to a language needs assessment conducted by Scotiabank, the successful candidate will be required to be able to communicate in English in addition to French because they will be required to work closely with other groups from head office who operate primarily in English and will serve an English and French-speaking clientele frequently.



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