Manager, Credit Analyst - Lending Operations 

Title: Account Manager II

Location: King Street North Waterloo, ON (Hybrid)

Job Type: 4 Months Contract + possibility to extend/convert to permanent.

Pay: $50-$51/hr on T4 + 4% Vacation Pay (No Other Benefits)

This position is responsible for underwriting of new, commercial, loan applications in three product domains (i.e. insurance leveraged lending, business acquisition loans, commercial real estate). This is done via assessment of industry, business and financial risks, financial analysis, deal structuring, security analysis, cashflow projection and documentation facilitation in accordance with Bank underwriting policies. Secondary responsibilities include documenting commitment letters and funding facilitation. This job description does not represent a comprehensive listing of job duties that are required of the employee performing this role. We reserve the right to change duties or assign additional duties at any time with or without notice.

Individual Responsibilities:

• Preparation of internal risk rating using appropriate product specific modelling.
• Financial analysis of current and past client provided financial disclosures.
• Negotiation of various commercial transactions
• Application write ups
• Professional level client interaction and advisor interaction
• Deal structuring based on client information and necessary product type.
• Commitment letter preparation, deal closing, funding facilitation
• Identify key transaction risks and determine key mitigates.
• Security analysis

Shared Responsibilities:

• Coaching of junior staff, educating commercial sales reps, mentoring colleagues, on-going training (of new staff, new sales reps, etc.)
• Ad hoc reporting including but not limited to exception tracking, counter party risk tracking, top 20 exposure tracking, maintenance of the commercial loan origination system Job Requirement:

Top 3 Skills:

• Financial Analysis
• Account Manager – Manage portfolio.
• Client Relationships – Comfortable with all client communications—including phone communication.

Requirements –

• Minimum bachelor’s degree in commerce/economics/accounting
• Strong computer skills (i.e.: excel, word, amortization table modelling)
• Analytical skills, commercial lending skills
• Min. 10 years, lending experience. Within Canadian /USA.
• Good understanding of life insurance concepts is an asset
• Strong interpersonal skills and client centric perspective
• Excellent written and verbal communication skills (French is good to have)
• Good understanding of real estate lending is an asset