MFCJP00011190 - Account Manager
Apply NowCompany: Core Resources
Location: Toronto, ON M4E 3Y1
Description:
Account Manager II - MFCJP00011190
Job Profile Description
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. People Leader Role: No Essential Responsibilities: Individual Responsibilities:
Deal structuring based on client information and necessary product type
Preparation of internal risk rating using appropriate product specific modelling Financial analysis of current and past client provided financial disclosures
Identify key transaction risks and determine key mitigants
Security analysis
Application write up
Negotiation of various commercial transactions
Professional level client interaction and advisor interaction
Commitment letter preparation, deal closing, funding facilitation 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:
5-10 years of commercial banking/lending experience
Minimum bachelor's degree in commerce/economics/accounting
Good understanding of real estate lending is an asset
Good understanding of life insurance concepts is an asset
Strong computer skills (i.e.: excel, word, amortization table modelling)
Strong interpersonal skills and client centric perspective
Analytical skills, commercial lending skills
Excellent written and verbal communication skills Working Conditions
Job Profile Description
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. People Leader Role: No Essential Responsibilities: Individual Responsibilities:
Deal structuring based on client information and necessary product type
Preparation of internal risk rating using appropriate product specific modelling Financial analysis of current and past client provided financial disclosures
Identify key transaction risks and determine key mitigants
Security analysis
Application write up
Negotiation of various commercial transactions
Professional level client interaction and advisor interaction
Commitment letter preparation, deal closing, funding facilitation 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:
5-10 years of commercial banking/lending experience
Minimum bachelor's degree in commerce/economics/accounting
Good understanding of real estate lending is an asset
Good understanding of life insurance concepts is an asset
Strong computer skills (i.e.: excel, word, amortization table modelling)
Strong interpersonal skills and client centric perspective
Analytical skills, commercial lending skills
Excellent written and verbal communication skills Working Conditions