At a Glance
- Tasks: Manage and grow a portfolio of commercial members while providing lending and investment services.
- Company: Join a leading financial institution focused on community engagement and business development.
- Benefits: Competitive salary, professional growth opportunities, and a dynamic work environment.
- Other info: Opportunity for travel and involvement in diverse industries like Agriculture.
- Why this job: Make a real impact in the community by helping businesses thrive and succeed.
- Qualifications: Bachelor's degree and 5 years of banking experience; sales skills are a plus.
The predicted salary is between 97758 - 119482 $ per year.
The Commercial Banking Advisor is responsible for ongoing management and growth of an assigned portfolio of commercial members. This role provides the full range of commercial lending and investment services to commercial members and proactively identifies potential new commercial members through referrals, business development, networks, and contacts in the community.
Accountabilities
- Business Development: Establishes and maintains relationships with existing members, networks with external business organizations and individuals in the business community to generate referrals. Pursues relationships with new commercial members and actively promotes the organization through participation in community initiatives and events.
- Portfolio Management: Assists in development of annual business plans by researching market opportunities and needs within the assigned market area; maintains regular contact with portfolio members and builds long term relationships that ensure the continued growth and profitability of the portfolio.
- Sales and Service Strategy: Provides commercial lending and investment advisory services to commercial members for commercial mortgages, loans, lines of credit and registered investment products; initiates referrals to product specialists as required; and achieves or exceeds annual sales and growth targets.
- Risk Management: Conducts annual reviews or assists in compiling documents for annual reviews on commercial accounts within assigned portfolio and ensures all terms and conditions of credit are being met and reports regularly on the status and performance of portfolio; initiates collection activity in the event of delinquency less than 90 days and recommends appropriate course of action to address significantly delinquent accounts and to maximize recovery of funds; and assists credit recovery with collection activity on non-accrual loans as required.
- Credit Underwriting: Ensures the application of quality standards, risk management policies and sound underwriting decisions to all lending activities. Approves commercial loans within assigned limits.
Qualifications
- Bachelor's Degree in a related discipline or equivalent combination of education and experience.
- 5 years retail or commercial banking experience or equivalent required.
- Sales experience preferred.
Competencies
- Strong relationship builder and communicator with a demonstrated ability to work well in a team environment.
- Excellent listening skills with the ability to understand the needs of a client and match appropriate solutions.
- Results oriented attitude with demonstrated business development techniques.
- Strong organizational and time management skills with the flexibility to adapt to a constantly changing environment.
Skills
- Proficiency in Microsoft Office Applications, specifically MS Excel and Word.
Travel
- Overnight travel may be occasionally required, up to 6 times per year.
Risk Management
- Displays an understanding of risk and risk ownership by being able to demonstrate adherence to policies and procedures.
Commercial Banking Advisor – Fraser Valley Area employer: Envision Financial
Tru Cooperative Bank is an exceptional employer that prioritizes employee growth and community engagement, making it a rewarding place to work as a Senior Financial Advisor at the Garrison Village Branch. With a strong focus on mentorship and professional development, employees are encouraged to build meaningful relationships with members while achieving personal and branch goals in a supportive environment. The bank's commitment to providing comprehensive financial services ensures that advisors can make a significant impact in the lives of their clients, all within a vibrant community setting.
