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SalaryA career as an Associate, Execution, National Client Group, Western Canada 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.
Working in a dynamic environment, the Associate, Execution will actively participate in a wide variety of complex senior debt lending mandates comprised of both bilateral and syndicated transactions. Reporting to the Head of Credit Execution, Western Canada, the successful candidate will possess a strong work ethic and thrive in a team-based environment.
Your job:
• Support National Client Group, Western Canada team members (Execution and Relationship Management) in managing and growing an existing portfolio of complex lending relationships;
• Perform high-quality credit analysis, deal structuring, underwriting, and documentation review/finalization of existing and new lending opportunities/mandates;
• 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 a Director on more complex transactions/renewals;
• Work closely with financial advisors, private equity sponsors and internal banking partners (i.e., derivative hedging, loan syndications, investment banking and others as needed) to perform required due diligence on prospective opportunities;
• Work in close collaboration with teammates on credit submissions to ensure that client and collateral files are updated in a timely manner; and
• Assist the Head of Credit Execution, Western Canada, as required, in reviewing the credit quality of the National Client Group, Western Canada portfolio.
Your team:
Our team stands out for its excellence in execution, collaboration and transaction delivery with an integrated go-to-market strategy. The portfolio consists of a balance of large Canadian private businesses, small to medium sized public companies, and private equity backed deals across diversified industries (both bilateral and syndicated transactions). Working hours are dictated by portfolio demands with occasional non-standard working hours under a hybrid working model (possibility of working from home 2 days per week).
Our training programs take an experiential approach in which you will collaborate with senior members of the National Client Group, Western Canada 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, Western Canada team and across the broader Bank.
Requirements:
• Hold a Bachelors’ degree in accounting, business, economics, finance, or a related field;
• Professional designation(s) and/or an advanced degree is considered a strong asset;
• 1 to 3 years of experience in corporate, mid-market or commercial banking;
• Strong knowledge of credit underwriting, loan structuring (bilateral/syndicated transactions), financial statement analysis and legal documentation review & negotiation;
• Proficiency with the Microsoft suite of products (Excel, Word, PowerPoint) used in the creation of presentations, confidential information memoranda and other written documents; and
• Strong interpersonal and communication skills.
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
- Opportunities to get involved in community initiatives
- Telemedicine service
- Virtual sleep clinic
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 accommodation, feel free to let us know during your first conversations with us. We welcome all candidates! What can you bring to our team?
Come live your ambitions with us!
