Sr. Director and Head Special Loans Qc & Maritimes

Attendance

Hybrid

Job number

25119

Category

Manager

Status: Permanent

Type of Contract

Permanent

Schedule: Full-Time

Full Time / Part Time?

Full-Time

Posting date

25-Feb-2025

Location: Montreal, Quebec

City

Montreal

Province/State

Quebec

Area of Interest: Risk management

A career as a Senior Director in the Special Loans Unit within the Risk Management sector at National Bank means leading a team of corporate turnaround specialists who assess risks and improvement opportunities and develop recovery strategies for managing high-risk commercial borrowers. You will be responsible for improving overall credit quality by proposing profitable credit solutions while mitigating risks for the organization.

Your role:

Manage and coach a team of Senior Managers to achieve objectives and generate a positive impact in alignment with the Bank’s values.
Coordinate and communicate case management strategies to internal stakeholders (business lines, Credit sector, senior management, Compliance, Public Relations, specialized groups, etc.).
Minimize loan losses, legal risks, and reputational risks for the Bank.
Restore the profitability of financially distressed accounts.
Ensure rigorous account monitoring to maintain portfolio quality.
Ensure the presentation of complete and accurate management reports to the Sector’s leadership team and be responsible for quarterly forecasts for the sector.
Participate in committees requiring a high level of expertise and represent the Bank with various organizations, authorities, and key industry stakeholders.
Minimize the volume of loans transferred to the doubtful loans category.
Negotiate agreement terms with various stakeholders.
Support and advise business lines and the Bank’s credit sector in handling special cases and/or special projects

Your team

As part of the Special Loans Unit, your work will align with our mission to support clients in their restructuring efforts while mitigating risks for the Bank. You will lead a team of five experienced Senior Managers managing a portfolio of large commercial accounts primarily in Quebec and the Maritimes. This is a dynamic, challenging, and highly diversified environment.

You will report to the Vice President, Special Loans Unit. The team stands out for its expertise, its excellent track record in minimizing loan losses, its cross-functional view of operational risks within the organization, its collaboration with multiple stakeholders with diverse areas of expertise , as well as its ability to take action and its creative mindset for finding innovative solutions.

Requirements:

University degree and 10 to 15 years of relevant experience
Extensive knowledge of commercial lending and syndicated loan transactions
In-depth knowledge of bankruptcy and insolvency
Experience in personnel management
Experience in financial markets transactions (an asset)
Proven leadership skills when working with various stakeholders (clients, other lenders, investors, creditors, colleagues etc.)
Strong negotiation skills

Languages:

English, French

Reason to require this language: you will need to discuss frequently with our service providers or partners who speak a language other than French.

Skills

Commercial Lending Critical Thinking Diversity & Inclusion Emotional Intelligence Risk Management Business Alignment Decision Making Learning Agility Mobilization Resiliency Strategic Vision Strategy Execution Financial Restatement Managerial Courage Debt Restructuring

Your benefits

In addition to competitive compensation, upon hiring you’ll be eligible for a wide range of flexible benefits to help promote your wellbeing and that of your family.

* 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

These are a few of the benefits available to you. We have an offer that keeps up with trends as well as your needs and those of your family. 

Our dynamic work environments and cutting-edge collaboration tools foster a positive employee experience. We actively listen to employees’ ideas. Whether through our surveys or programs, regular feedback and ongoing communication is encouraged.

We're putting people first

We're a bank on a human scale that stands out for its courage, entrepreneurial culture, and passion for people.   Our mission is to have a positive impact on peoples' lives. Our core values of partnership, agility, and empowerment inspire us, and inclusivity is central to our commitments. We offer a barrier-free workplace that is accessible to all employees. 

We want our recruitment process to be fully accessible. If you require accommodation, feel free to let us know during your first conversations with us. We welcome all candidates! What can you bring to our team?

Come live your ambitions with us!

Apply

For an environment that supports your career path

There are many varied opportunities for you to progress and develop, and move ahead in your career. This includes on-the-job learning and training, co-development and pairing with other employees, professional support and mentoring, internal career days or discussion forums with our leaders.

For an inclusive and diverse environment

We foster inclusion in an environment where each person’s unique qualities, whether visible or invisible, are celebrated and valued. We welcome all candidates! What can you bring to our team?