At a Glance
- Tasks: Support complex debt lending mandates and manage credit portfolios with a dynamic team.
- Company: Join National Bank's Ontario National Client Group, known for its collaborative culture.
- Benefits: Enjoy health programs, flexible insurance, generous pension plans, and employee ownership options.
- Other info: Hybrid work model with opportunities for growth and community involvement.
- Why this job: Gain hands-on experience in finance while making a real impact on Canadian businesses.
- Qualifications: Bachelor's degree in finance or related field; 3-5 years in banking preferred.
The predicted salary is between 87750 - 107250 $ per year.
A career as an Associate, Execution at the Ontario National Client Group team at National Bank means being part of a winning team. Financial professionals working together to be the best at delivering relevant and timely financial solutions that power the growth of Canadian businesses.
In this role you actively participate in a wide variety of complex senior debt lending mandates comprised of both bilateral and syndicated transactions headed by senior members of the National Client Group lending team.
Your job:
- Support the day-to-day management of the Ontario National Client Group credit portfolio and assist with the execution of new lending opportunities/mandates as needed.
- Perform high-quality credit analysis and deal structuring activities in accordance with Bank standards while partnering with the Director(s), National Client Group (Execution and Relationship Management), in managing and growing an existing portfolio(s) of complex lending relationships.
- Perform transaction financial modeling (Microsoft Excel, S&P Capital IQ) and Borrower Risk Ratings on a portfolio of existing and prospective clients.
- Independently manage an assigned portfolio of Annual Reviews while working collaboratively with Directors on more complex renewals.
- Assist Directors by working closely with financial advisors, private equity sponsors and internal banking partners (i.e. derivative hedging, loan syndications and investment banking) to perform required due diligence on prospective new transaction opportunities.
- Work in close collaboration with other Associates and Client Account Representatives on credit submission requests and ensure that client and collateral files are updated in a timely manner.
Your team:
As a part of the Ontario National Client Group team, you are part of a dynamic and highly motivated team, and you report to the Director & Team Lead, Execution, 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 a balance of large Canadian private businesses coupled with private equity sponsor-backed deals across diversified industries (both bilateral and syndicated transactions).
Working hours are largely dictated by portfolio demands with occasional non-standard working hours under a hybrid working model (possibility of working from home up to 3-days a week). Our training programs take an experiential approach in which you will collaborate with senior members of the National Client Group deal team and gain hands-on experience underwriting complex transactions and managing an active portfolio. As you develop your professional skillset and gain valuable transaction and portfolio management experience, several growth opportunities exist – both within the National Client Group team and within the broader Bank.
Requirements:
- Hold a Bachelors’ degree in finance, accounting or related field to the sector of activity.
- Professional designation(s) and/or an advanced degree in Finance, Accounting or Business Administration is considered a strong asset.
- 3 to 5 years of experience in Corporate or upper mid-market Commercial Banking or related field.
- Strong knowledge of credit underwriting, loan structuring (bilateral/syndicated transactions) and financial statement analysis.
Languages: English
Required skills: Accountability, Client-focused, Communication, Emotional Intelligence, Learning Agility, Listening, Teamwork.
Your benefits:
- 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.
- Involvement in community initiatives.
- Telemedicine service.
- Virtual sleep clinic.
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 value employees' ideas. Whether through our surveys or programs, regular feedback and ongoing communication are encouraged.
Making a bold move in a people-first environment. 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 people's lives. Our core values of partnership, agility, and empowerment inspire us, and inclusion is central to our commitments. We aim, wherever possible, to provide a barrier-free and accessible environment to all employees. We strive to provide accessibility measures throughout the recruitment process within the limits of our available resources. If you require accommodations, feel free to let us know during our initial conversations. We welcome all candidates!
What can you bring to our team? Join us!
Associate, Execution, National Client Group in Toronto employer: National Bank of Canada
At National Bank, we pride ourselves on being an exceptional employer that fosters a dynamic and inclusive work culture. As a Senior Manager in the Business Flex team, you will benefit from our commitment to employee growth through personalized coaching and continuous learning opportunities, all while working in a collaborative environment that values your ideas and contributions. With a strong focus on health and wellness, competitive benefits, and a mission to positively impact lives, National Bank is the ideal place for those seeking meaningful and rewarding employment in Ontario.
