Senior Manager
2 weeks ago
As a Senior Manager - Special Loans Expert at NBC, you will evaluate risks and irregularities, creating turnaround strategies to manage high-risk large commercial accounts. You will improve overall credit quality by offering cost-effective credit solutions and reducing risks to the organization.
Main Responsibilities Include:
- Minimizing loan losses, legal risks, and reputational risk for the Bank
- Restoring the profitability of accounts in financial difficulty
- Ensuring rigorous account monitoring to maintain portfolio quality
- Participating in committees that require a high level of expertise and representing the Bank with various organizations, agencies, and influential stakeholders in the field
- Minimizing the volume of loans transferred to the impaired loan category
- Negotiating agreement conditions with various stakeholders
- Supporting and advising the business lines and credit sector when managing special cases and/or special projects
About the Team:
As part of the Special Loans sector, you will be part of a team of 23 colleagues, and you will report to the Vice-President, Special Loans. Our team stands out for its advanced knowledge on credit structuring and of the legal environment, as well as for its rigor and its experience that contribute year over year to the Bank's objectives.
Requirements:
- University diploma and 10 years of relevant experience
- Solid knowledge of commercial loans and syndicated transactions
- Experience with bankruptcy and insolvency
- Experience with capital markets files, an asset
- Proven leadership when dealing with various stakeholders (other lenders, investors, and creditors, etc.)
- Strong negotiation skills
Skills:
- Bankruptcy
- Commercial Lending
- Communication
- Credit Risk Management
- Diversity & Inclusion
- Empathy
- Financial Restatement
- Financial Statement Analysis
- Initiative
- Learning Agility
- Resiliency
- Risk Analysis
- Syndications
- Teamwork
- Trading
Your Benefits:
- Health and wellness program, including many options
- Flexible group insurance
- Generous pension plan
- Employee Share Ownership Plan
- Employee and Family Assistance Program
- Preferential banking services
- Opportunities to get involved in community initiatives
- Telemedicine service
- Virtual sleep clinic
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