Commercial Account Manager Portfolio Management CFG
Commercial Account Manager Portfolio Management CFG
Posted on :
12-04-2025
Employer Active
1 Vacancy
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Job Description
Join a Challenger
Being a traditional bank just isnt our thing. We are big believers in innovating the banking experience because we believe Canadians deserve better options and we challenge ourselves and our teams to creatively transform whats possible in banking. Our team is made up of inquisitive and agile minds that find smarter ways of doing things. If youre not afraid of taking on big challenges and redefining the future you belong with us. Youll get to work with people who will encourage you to reach new heights. We like to keep things fun ask questions and learn together.
We are a big (and growing! family. Overall we serve more than 670000 people acrossCanadathrough Equitable BankCanadasChallenger Bank and have been around for more than 50 years. Equitable Banks whollyowned subsidiary Concentra Bank supports credit unions acrossCanadathat serve more than six million members. Together we have over$125 billionin combined assets under management and administration with a clear mandate to drive change in Canadian banking to enrich peoples lives. Our customers have named our EQ Bank digital platform eqbank one of the top banks in Canada on the Forbes Worlds Best Banks list since 2021.
The Work
As part of a growing and dynamic Commercial Portfolio Management team the Account Manager is responsible for the daytoday management of an assigned group of lending partners and associated portfolio of mortgages from funding through maturity. The Account Manager will be focused mainly on conventional and construction mortgages secured by all types of asset classes The Account Manager will be looked upon to deliver superior customer service by understanding and responding to the needs of the client by way of underwriting renewals assumptions refinances loan modifications etc an effort to meet annual retention targets. Work product must adhere to established policies and underwriting standards and meet compliance and control requirements. Additionally the incumbent will be responsible for monitoring risks associated with their commercial construction lending portfolio. Working closely with the Commercial Analyst and the Manager Portfolio Management this individual will be responsible for daytoday management of their construction portfolio which will include monitoring project status and associated covenants identifying and mitigating risk via communication with internal and external stakeholders regular site inspections and oversight of work completed by the Commercial Analyst.
The Account Manager must ensure that risk associated with their portfolio is comprehensively controlled and within the Banks risk appetite and that loans remain in compliance with lending parameters by way of completion of annual reviews. Additional creditrelated and administrative duties are also required such as subsequent advances reporting and pipeline management as well as networking with external business partners along with various staff wit
The Core Responsibilitites!
- The incumbent will strive to provide superior customer service with respect to their assigned relationships. Renewals refinances extensions assumptions annual reviews and adhoc requests will be negotiated and completed quickly efficiently and accurately 35.
- Review ongoing subadvance requests prepared by the Commercial Analyst. The review of subadvances includes ensuring that the project remains on schedule and on budget. In the event of cost overruns the incumbent will work closely with lending partners to ascertain cause of overruns while ensuring appropriate tools are in place to address same and that all internal stakeholders are consulted with 25.
- Responsible for ensuring that credit risk associated with their portfolio of mortgages is controlled and within approved guidelines. Credit documentation shall be thoroughly assessed in accordance with established policies and underwriting procedures with recommendations submitted in compliance with the Banks delegated authority limits 20.
- Communicate with internal contacts (management originations funders coordinators etc. to ensure all transactions and adhoc requests are meeting prescribed deadlines in a timely and efficient manner(10.
- On a weekly monthly and/or quarterly basis the incumbent will be responsible for the preparation of specific reports on assigned categories required for the department/Company which will be relied upon by Senior Management(5.
- Responsible for contributing to special projects as assigned from time to time(5.
Lets Talk About You!
- Postsecondary education preferably in business or finance.
- Bilingualism (French/English) is considered an asset.
- Proficient underwriting skills with a minimum 24 years commercial mortgage experience.
- Working knowledge of AML/ATF regulations and Corporate/Legal documentation for commercial real estate in multiple jurisdictions across Canada.
- Sound technical knowledge of commercial real estate underwriting financial statement analysis and factors affecting the commercial mortgage market.
- Good working knowledge of MS Office (primarily Word and Excel).
- Effective analytical and problemsolving skills.
- Strong organizational and time management skills.
- Ability to handle multiple competing priorities.
- Strong negotiation skills.
- Demonstrated ability to work independently to achieve goals.
- Highly developed verbal and written communication skills with the ability to communicate to Senior Management and Partners in a clear concise and professional manner.
What we offer For fulltime permanent roles
Competitive discretionary bonus
Market leading RRSP match program
Medical dental vision life and disability benefits
Employee Share Purchase Plan
Maternity/Parental topup while you care for your little one
Generous vacation policy and personal days
Virtual events to connect with your fellow colleagues
Annual professional development allowance and a comprehensive Career Development program
A fulfilling opportunity to join one of the top FinTechs and help create a new kind of banking experience
Equitable Bank is deeply committed to inclusion. Our organization is stronger and our employees thrive when we honour and celebrate everyones diverse experiences and perspectives. In tandem with that commitment we support and encourage our staff to grow not just in their career path but personally as well.
We commit to providing a barrierfree recruitment process and work environment for all applicants. Please let us know of any accommodations needed so that you can bring your best self to the application process and candidates considered for hire must successfully pass a criminal background check and credit check to qualify for hire. While we appreciate your interest in applying an Equitable recruiter will only contact leading candidates whose skills and qualifications closely match the requirements of the position.
We cant wait to get to know you!
Required Experience:
Manager
Employment Type
Full-Time
Key Skills
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