Portfolio Manager, Longueuil, Laurentian Bank Of Canada

Portfolio Manager, Longueuil, Laurentian Bank Of Canada

Details + Details -

  • Job type: Full time
  • Contract type: Permanent
  • Salary type: Monthly
  • Occupation: Portfolio manager

Location + Location -

  • Country: Canada
  • Region: Québec
  • City: Longueuil
  • Address: Longueuil

Description + Description -

Job DescriptionSeeing beyond numbersºAt Laurentian Bank, we believe we can change banking for the better. Founded in Montreal in 1846, Laurentian Bank helps families, businesses and communities thrive. Today, we have over 2,800 employees working together as One Team, to provide a broad range of financial services and advice-based solutions for customers across Canada and the United States. We drive results by placing our customers first, making the better choice, acting courageously, and believing everyone belongs.This role sits within Laurentian Bank, a subsidiary of Laurentian Bank Financial Group.Assist the Senior Account Managers (SAM) and the Assistant Vice President (AVP) to develop and maintain a profitable commercial real estate loan portfolio through service to developers, investors, and users of commercial real estate.Responsibilitiesº Underwrites new loan applications for the AM and SAM. Reviews new loan applications to establish their acceptability as investments for the Bank.º Gathers relevant information in preparation for a comprehensive loan submission for presentation and approval;º Upon approval of the loan facility by the Bank, prepares a commitment letter for acceptance by the client, ensuring that all funding conditions are met. Authorizes the advance of funds by the loan administrator to ensure conformity with the credit authorization;º Reviews loans approaching maturity to evaluate whether or not they continue to represent acceptable investments for the Bank, prepares the renewal application and submits for approval.º Prepares reviews of existing loans to ensure the continuing security and profitability of the portfolio and submit them for authorization;º Inspects the real estate securing the loans, both existing and under construction, to ascertain the quality of the security;º Ensures that assigned loan accounts operate as authorized and takes whatever action is necessary to correct delinquencies, or in the case of non-performing loans to assist, when necessary, the Special Loans Team to enforce the security documentation ensuring the repayment of the loan;º Deals with client inquiries, changes to loan terms and conditions, and other account management situations that are beyond the authority of operation;º Assists with the legal, documentation and prefunding provisions;º Reviews cost consultant reports and prepares funding requests;º Reviews appraisals and environmental reports to ensure loan complies with all approval conditions;º Completes lease review, including rent roll / estoppel.Qualificationsº University degree (an asset) preferably in Finance, Business Administration, B Commerce º Able to write clear and logical loan submissions;º Perform market analysis and other relevant due diligence;º Working knowledge of real estate appraisal techniques and financial statement analysis;º Strong communication skills required to follow and negotiate complex transactions;º Bilingual (French and English);º Good interpersonal skills and organizational skills;º Being able to work with an energetic team;º Working knowledge of Excel spreadsheet analysis.Additional InformationEquity, Diversity & Inclusion:We are proud to be an equal opportunity employer and are committed to fostering an inclusive and accessible work environment that reflects the diversity of our customers and our communities. We welcome and encourage applications from individuals from all groups, including Indigenous people, women, visible minorities, and persons with disabilities, regardless of race, national or ethnic origin, colour, religion, age, sex, sexual orientation, gender identity or expression, marital status, family status, genetic characteristics, disability or any other legally-protected ground. Accessibility:Accommodations for persons with disabilities are available upon request for job applicants taking part in all aspects of the recruitment process.PIPEDA:We may collect, use or disclose your personal information for the purpose of establishing an employment relationship with you.

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Presented By: Laurentian Bank Of Canada