Job Description

The Role: Account Manager, Commercial Real Estate We are hiring an Account Manager, Commercial Real Estate (CRE) to assist Vancity in providing community real estate loans, including complex loans, that meet members’ needs and business goals, while also supporting social and environmental impact.
As a Commercial Real Estate Account Manager, you will:

• Maintain an assigned community real estate portfolio (including sourcing, recommending, underwriting and funding real estate loans).
• Source, develop and build new and existing relationships to recommend deal structures (including complex deals) to the Manager Community Real Estate in order to grow future business opportunities.
• Monitor assigned and established community real estate portfolio, identify credit risk and recommend course of action to minimize negative impact to Vancity and the member.
• Execute on community impact transactions in support of growing the community real estate offer through collaboration across the Community Investment division.
• Proactively manage credit risk on an assigned portfolio of CRE loans ranging from $10 - $120MM.

You are:

• A Developing Leader in the Industry – you are no stranger to the financial industry and lead with confidence in all aspects of business. You have a demonstrated desire to develop your business skills to grow a Commercial Real Estate loan portfolio and ability to effectively manage an existing loan portfolio.
• An Exceptional Communicator & Negotiator – using your communication and interpersonal skills, you provide the opportunity to learn how to provide expertise and advice, address challenges and issues, and represent across the organization. You will create that “wow” experience.
• An Entrepreneur – you have an entrepreneurial spirit! You are a self-starter who knows how to manage your work and time while balancing other competing priorities that life naturally brings us.
• A Team Player – you work well as part of a team and are able to take ownership of your own accountabilities and responsibilities as a member of that team to meet and exceed the team’s objectives and goals consistently.
• Problem Solver & Decision Maker – you diagnose challenges and issues; develop innovative business solutions; and assess risks and opportunities in Community Real Estate.
• Detail-oriented – you do your research and use those analytical skills to assess and recommend course of action on industry, political and economic trends. You can also identify risks and opportunities that may impact the business.

You have:

• Post-secondary education, ideally with a diploma/degree in a relevant field.
• 2 - 5 years of commercial real estate fixed-rate and construction lending experience across almost all asset classes (Multi-Family Residential, Office, Industrial, Retail).
• Some experience underwriting commercial mortgages and completing ongoing portfolio management for an existing portfolio of loans.
• Financial analysis skills with expertise in commercial real estate.
• An interest and commitment in building a values-driven bank that is focused on enabling positive social, economic, and environmental change.

The team: This role reports to the Manager, Community Real Estate. *Posting Deadline: Please apply by 4:00 PM, XXXX, 2022* About Vancity:

• Our vision is a transformed economy that protects the earth and guarantees equity for all. As a values-based financial co-operative, we are committed to transforming how banking is done by helping our members and local communities thrive financially, socially and environmentally with impact to make our world a better place.
• We are the largest private-sector Living Wage Employer in Canada and have been consistently recognized as one of the Top Employers in Canada. Come join our team of 2,600 diverse individuals and access competitive rewards & benefits.
• Start your Vancity career journey with us even if you’re new to financial services! We encourage opportunities to learn & develop to prepare you for career success, which in turn continuously impresses how we serve our membership.
• We value Integrity, Innovation, Responsibility and Reconciliation.
• To learn more about Vancity, please visit www.vancity.com/AboutVancity.