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This is an exciting time to join the National Client Group at National Bank and be part of a winning team of financial professionals working together to be the best at delivering relevant and timely financial solutions that power the growth of Canadian businesses. We are seeking results-oriented individuals that are looking to be part of an invigorated, highly driven team strongly focused on market expansion in Western Canada. Working in a collaborative, team-based environment and reporting to the Head, Western Canada Commercial Banking, Private Banking & National Client Group, the Associate Director will play an integral role in the credit structuring, execution, quality and growth of the National Client Group portfolio while maintaining a strong client-centric focus throughout. Through a demonstrated results-orientation, the Associate Director will partner with Director(s), National Client Group, in managing and growing a portfolio of complex senior debt lending relationships comprised of both bilateral and syndicated transactions (both participant and lead mandates).
The successful candidate will be highly motivated with a demonstrated track-record of successfully negotiating, underwriting, and structuring senior lending relationships across various industry verticals. Your role: Perform high-quality credit analysis and deal structuring activities in accordance with Bank standards while partnering with the Director(s), National Client Group, in managing and growing an existing portfolio(s) of complex lending relationships. Work closely with clients/prospects, financial advisors, private equity sponsors and internal banking partners (i.e. derivative hedging, loan syndications and investment banking) to perform required transaction due diligence. Structure and prepare well-articulated credit presentations, under the oversight of the Head, Credit Execution, National Client Group, that recommend financing solutions that meet client needs while also remaining within the Bank’s defined risk appetite.
Negotiate credit terms with the client, in conjunction with the Director(s), National Client Group, and work closely with Credit Risk Management to authorize and close credit transactions in accordance with the Bank’s risk framework. Maintain portfolio compliance in accordance with Bank policies and monitor credit quality, raising significant issues/concerns to the Head, Credit Execution, National Client Group, as appropriate. Review and work with loan documentation – including Credit Agreements, ISDAs and term sheets – to ensure that they conform to the parameters of the Bank’s credit authorization. Participate in the structuring and socialization of new transaction opportunities (i.e. new relationships, credit increases/restructures and refinancing ) with the Director(s), National Client Group, and under the oversight of the Head, Credit Execution, National Client Group.
Work in close collaboration with Associates and Client Account Representatives on credit submission requests and ensure that client and collateral files are updated in a timely manner. Serve as a strong credit resource within the team and support the Head, Credit Execution, National Client Group, as required, in (i) ensuring the credit quality of the National Client Group portfolio and (ii) developing the competencies of junior team members. Your Team: As a member of National Bank’s Central and Western National Client Group team, you are part of a dynamic and highly motivated team and report to the Head, Western Canada Commercial Banking, Private Banking & National Client Group. Our team stands out for its excellence in transaction delivery, execution, and collaboration with an integrated go-to-market strategy.
The portfolio consists of large Canadian private businesses coupled with private equity sponsor-backed deals across diversified industries (incorporating both bilateral and syndicated transactions). Working hours are largely dictated by portfolio demands with occasional non-standard working hours under a hybrid working). Basic requirements: Bachelor’s degree in a related field (business, finance, economics) and a minimum 5-7 years’ experience in Corporate or upper mid-market Commercial Banking. Professional designation(s) and/or an advanced degree is considered a strong asset.
Strong knowledge of credit underwriting, loan structuring (bilateral/syndicated transactions) and financial statement analysis. Demonstrated experience and proficiency in: Reviewing, understanding and analyzing financial models and capital structures within the context of lending transactions. Cash flow and leveraged lending in addition to traditional corporate lending structures. Reviewing, understanding and working with complex loan documentation such as Credit Agreements.
Client negotiation and/or portfolio relationship management. Strong computer skills, including Microsoft Word, Excel, PowerPoint and other platforms customarily used in a lending environment. Excellent interpersonal and communication skills with an ability to effectively collaborate with partners and form well-reasoned recommendations. 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 Initiatives promoting community involvement 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 accommodations, feel free to let us know during your first conversations with us. We welcome all candidates What can you bring to our team?.
Ready to live your ambitions?