Commercial Account Manager, Portfolio Management, Commercial Finance Group (CFG)

Join a Challenger
At EQ, we're remaking banking so every Canadian gets ahead, every day. Serving nearly 4 million Canadians from coast to coast, we offer a wide variety of financial services from banking and lending, to trust and credit union solutions. 
We've been at this since 1970, challenging the conventions of traditional banking with smarter, faster, and more connected financial experiences.
What's kept us moving?  The people behind it all: challengers who ask better questions, push back on old assumptions, and look for a better way forward.
If you're driven to help reshape how banking works for Canadians and the businesses that power our economy, this could be your next big opportunity. 
We can’t wait to get to know you! 

The core parts of your role would be to:

On a daily basis, the incumbent will strive to provide superior customer service with respect to their assigned relationships. Renewals, refinances, extensions, assumptions, annual reviews and ad-hoc requests will be negotiated and completed quickly, efficiently, and accurately (35%)    
On a daily basis, the incumbent will review on-going sub-advance requests prepared by the Commercial Analyst. The review of sub-advances 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%)
On a daily basis, the incumbent is 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 Bank’s delegated authority limits (20%)
On a daily basis, the incumbent will communicate with internal contacts (management, originations, funders, coordinators, etc.) to ensure all transactions and ad-hoc 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%).
On a daily basis, the incumbent will be responsible for contributing to special projects as assigned from time to time (5%).

Let's Talk About You!

Post-secondary education preferably in business or finance
Bilingualism (French/English) is considered an asset
Proficient underwriting skills with a minimum 2-4 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 problem-solving 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

Job Complexities / Thinking Challenges

The position requires an individual to be client-focused, a self-starter, with the ability to make sound underwriting decisions as efficiently as possible.  The incumbent shall possess strong cognitive skills, professional judgement and the ability to work independently with minimal supervision to properly identify and mitigate risks associated with individual transactions while balancing the needs of the client.  The incumbent is required to follow corporate policies, procedures and regulatory requirements in order to work through files and rationalize the recommendations or decisions made.  Existing accounts are unique in nature and fulsome information is not always available.  As such, the incumbent must be comfortable making recommendations based on incomplete information.