Account Manager, Commercial Lending (Construction Financing)

Job title: Account Manager, Commercial Lending (Construction Financing)

Company: DUCA Financial

Job description: Account Manager, Commercial Lending (Construction Financing)

Job Purpose & Summary

The Account Manager will be responsible for developing new business and managing a loan portfolio and client relationships, in both term and construction financing, as well as helping DUCA achieve its risk objectives and financial targets.

Key Accountabilities & Duties

• Develop and maintain a profitable commercial real estate portfolio of loans valued between $5MM-$20MM which include term real estate loans, construction financing and participations in loans led by other credit unions or financial insitutions.
• Source new loan applications by soliciting existing and potential clients and other financial intermediaries.
• Review and underwrite commercial credit applications providing products and services which meet the Members needs while adhering to DUCA’s lending policies and practices.
• Actively monitor the loan portfolio to ensure accounts are operating as authorized and take measures necessary to remedy non-performing assets.

Occupational Experience & Education Requirements

• Completion of university degree in Business, Finance, or a related field.
• Minimum of 3-5 years’ experience in a relationship management or related role in financial services.
• Proficiency in MS Office Suite with strong knowledge of Excel.

Knowledge, Skills & Attributes

• Experience with financial analysis of construction loans for residential/commercial development and other interim financing.
• Experience with financing for special use properties such as hotels, senior and/or student residences.
• Computer literate, high proficiency in excel.
• Problem solving and issue resolution skills.
• Effective team player and ability to work well within a group setting.
• Developed negotiating and influencing skills.

Working Conditions

Regular travel within Ontario required for site visits and to meet with clients.

Department: Commercial Lending

Primary Location: Corporate Office – 5255 Yonge Street, North York, ON, M2M 5P8

Employment Status: Full-time

Hours per Week: 38

Job Grade Level: Seven (7)

About DUCA

DUCA exists to help people do more, be more and achieve more with their money and their lives. We’re driven by a co-operative philosophy that puts our Members (and Owners) at the centre of every decision we make, gives them a voice in how we’re run, and rewards them for their loyalty by sharing our profits.

At DUCA, we’re dedicated to creating a positive environment where our employees have growth and development opportunities, a healthy work/life balance, opportunities to give back to the community, and a focus on doing what is right for our Members. DUCA offers a competitive total compensation package including base salary, a short-term incentive (bonus) program, a comprehensive benefits program, pension plan, and employee banking benefits.

DUCA is committed to employment equity and encourages applications from all qualified candidates. Recruitment related accommodations will be provided upon request.

Qualified applicants are encouraged to submit their application. Applications must include both a resume and cover letter.

We thank all applicants but only those considered for an interview will be contacted.

Expected salary:

Location: Toronto, ON

Job date: Thu, 21 Jan 2021 23:21:03 GMT