Associate, Commercial Real Estate – Montreal, QC Jobs in Montreal, Canada at Scotiabank
Title: Associate, Commercial Real Estate – Montreal, QC
Company: Scotiabank
Location: Montreal, Canada
Category:
Location: Montreal
In this role, you will:
Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
Contributes to the profitable development of National Commercial Credit business by:
Participating in the timely analysis, structuring and preparation of credit/financial solutions proposals
Providing prompt and sound recommendations in the analysis and presentation of credit proposals
Restructuring marginal proposals into bankable deals where possible
Synthesize industry research and competitive analysis
Analyze client business cases and proposals for reasonability
Modelling building/development of covenant patterns/vetting and stress testing of projections
Meeting with clients and prospects as part of the “Deal Team” (as appropriate)
Ensure the accurate communication of the terms and conditions of an authorization and supervises the effective and timely implementation of same by:
Reviewing all credit authorizations to ensure accuracy completeness and clarity
Ensuring prompt follow-up for acceptance of the authorization and reacting swiftly to any problems, amendments, extensions, reporting to senior management where necessary
Executing and effectively addressing issues surrounding the adequacy, quality and completeness of loan documentation and security
Liaising with the client to ensure the accurate execution and delivery of documentation prior to disbursement of funds
Contribute to the documentation and closing of authorized transactions by:
Vetting security documentation required to close loan transactions and promptly and effectively addressing issues surrounding the adequacy, quality and completeness of loan documentation and security
Assisting the Deal Team in the detailed evaluation of all information received and for analysis of closing conditions and reporting deficiencies or any findings to senior management
Understand how the Bank’s risk appetite and risk culture is considered in day-today activities and decisions.
Actively pursues effective and efficient operations of their respective areas while ensuring the adequacy, adherence to, and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk, and conduct risk. Including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook, and the Guidelines for Business Conduct.
Champions a high-performance environment and contributes to an inclusive work environment.
Do you have the skills that will enable you to succeed in this role?
University Degree in Business or other related fields
3 years experience in Commercial Real Estate Banking strongly preferred
Excellent verbal and written communication skills are essential, in French and English
Good credit skills and significant credit experience
Strong accounting and financial analysis skill
Good understanding of customer profitability model
Ability to build solid business case justification for deals
Good product knowledge
Good industry knowledge with areas of specialization where required
Strong financial modelling and computer skills including Excel
Work in a standard office-based environment; non-standard hours are a common occurrence.
In addition to French, the successful candidate must also have sufficient knowledge of English, as the work involves interacting and collaborating regularly with groups and individuals based in Toronto, as well as constantly interacting with other people, including clients, who speak English, locally and elsewhere.
