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Senior Manager Real Estate Credit

Attendance
Hybrid
Job number
24127
Category
Senior Professional
Status: Permanent
Type of Contract
Permanent
Schedule: Full-Time 
Full Time / Part Time?
Full-Time
Posting date
10-Jan-2025
Location: Montreal, Quebec
City
Montreal
Province/State
Quebec
Area of Interest: Risk management

As a Senior Manager, Credit in the Real Estate Credit team, you make use of your experience and gained knowledge to adjudicate commercial real estate loan requests of $10MM+ within your delegated lending limits and in line with the adequation between the Bank's business growth objectives and risk appetite. 

Your role

  • Approve or decline commercial real estate loans exceeding $10MM+ within the delegated lending limits and in keeping with ongoing Bank’s policies, norms and procedures.          
  • Advise the LOB on the best practices of Real Estate Risk Management and if need be, suggest alternate credit structure to help them obtain final Credit approval.           
  • Work efficiently and harmoniously in partnership with the LOB to provide them with the highest standard of service.  
  • Identify early signals of a risk deterioration and if need be, recommend the transfer of the problem loan to the Special Loans Unit to minimize potential loan losses.           
  • Act as a resource person to help implement and/or review policies, norms and procedures governing the adjudication process of commercial real estate loans.        

Your team

Within Real Estate Credit, you team up with four other colleagues and report to the Senior Manager. The Real Estate Credit team members combine a significant number of years of experience in both sales and risk management functions covering the full credit cycle from initial underwriting up to the recovery and/or realization of distressed loans. Such a deep and broad credit knowledge is crucial for maintaining a strong 2nd line of defense for Bank’s advances.

Qualifications:

  • University degree related to the industry and seven years of relevant experience OR Master's degree related to the industry and five years of relevant experience 
  • Experience in real estate credit.
  • Experience in commercial credit;
  • Experience in the banking sector desirable.
  • Good knowledge of the commercial real estate industry and good command of traditional lending methods to finance industrial, commercial and office buildings.
  • Knowledge of lending to the multi-residential rental sector desirable.
  • Ability to quickly identify potential major risks and propose adequate mitigating solutions;      
  • Ability to negotiate and resolve complex risk structures. 
Languages:
English, French
Reason to require this language: you will need to work closely with our colleagues outside Quebec.

Skills

Banking risks management Commercial Banking Commercial Lending Commercial Real Estate Credit Risk Credit Risk Analysis Diversity & Inclusion Empathy Learning Agility Real Estate Accounting Real Estate Credit Real Estate credit analysis Resiliency Teamwork
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!

Why work at National Bank?

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.

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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?

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