Job Description

Senior Manager Commercial Real Estate ? Vancity Community Investment Bank (VCIB) Vancity is 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, all while knowing you are a part of a greater movement. The Senior Manager Commercial Real Estate (VCIB) provides leadership surrounding lending activities and compliance with all legislation, regulations, by-laws, policies and procedures. In this role you will be fully qualified to identify, develop and support the overall growth of VCIB?s impact real estate business and the objectives of VCIB as a team leader. Leading a team of account managers, you have strong experience in commercial real estate lending, financial statement analysis, credit/risk assessment, long-term relationship building skills and people management. This competitively rewarded role will enjoy hybrid working arrangements which can be fulfilled primarily from the Vancity head office location In Toronto and your home office. Periodically, in-person events or activities will be required of you. A typical day would involve:

• Oversee the structuring and approval of LOIs, credit applications, loan renewals, fundings and annual reviews by working with Senior Business Development Manager, Senior Account Managers, Account Managers and Loan Portfolio Manager.
• Lead a team of account managers to support the growth and development of each account manager and the team
• Lead all onboarding, training and development plans for new direct reports
• Build and maintain solid and equitable relationships with our colleagues in Credit Risk and Vancity Credit Union
• Drive process improvements to improve internal efficiency and client experience
• Support the Director, Commercial Real Estate in strategic planning for your line of business; execute on new product and channel development
• Act as first line of defense on compliance and annual reviews of existing clients with financial and reporting covenants and identify/manage risks in collaboration with Account Managers
• Contribute to VCIB thought leadership as we seek to position ourselves as a leading financial institution for mission-driven investors
• Prepare timely reports for Senior Management, the Board of Directors and external regulators, such as quarterly watchlist reports, closely monitored reports and any ad hoc reports or analysis required

You have:

• 5-10 years real estate lending experience (experience in construction and CMHC-insured lending an asset)
• Highly developed written and verbal communication skills
• MBA and/or bachelor degree in finance, real estate or equivalent

You are:

• A People Manager: You develop a highly engaged diverse and capable team to execute departmental plans/strategies and build great relationships.
• An excellent communicator ? you use your interpersonal, written, and verbal communication skills to facilitate project deliverables, convey and address ideas, challenges, and opportunities across several functions, teams, and departments, internally and externally. You love to collaborate, consult, and be resourceful.

• Attuned to micro details while seeing the big picture: You understand the big picture objective and able to dive deep into data and details to ensure quality and accuracy of deliverables are met.
• Curious & innovative: You enjoy staying up to date on industry trends, exploring insights behind major headlines, and are future focused.
• Results-oriented: You are a self-starter and resourceful in overcoming obstacles. You have a demonstrated ability to uncover insights, generate appropriate solutions, and advance your deliverables on time, on budget, with attention to quality of outcomes.

We offer:

• We are the largest private-sector Living Wage Employer in Canada and have been consistently recognized as one of the Top Employers in Canada
• Our permanent employees qualify for attractive benefit packages that can be customized and changed each year to meet their evolving needs
• New employees receive between three and four weeks of vacation allowance per calendar year, and the number of vacation days grows ? to a maximum of six weeks per year ? as their length of service increases. In addition, full-time, permanent staff can purchase up to six extra days of vacation through our flexible benefits package.
• In addition to the 10 statutory holidays in British Columbia, Vancity provides an additional three statutory holidays. We offer care days for periods of short-term personal illness or emergency family illness, plus opportunities to take unpaid leave for a variety of reasons.
• We understand that retirement means different things to different people and at Vancity we offer retirement programs to meet diverse needs

At Vancity we?re committed to creating a welcoming and inclusive workplace to help our people and communities thrive and prosper. Diversity in our workforce is integral so that we can truly represent, understand and respond to our community needs and deliver on our member experience.
As part of this commitment we are taking action to learn more about our applicants and ask that you complete a short and anonymous Diversity Survey that will influence the design and execution of Vancity?s overall DEI initiatives and programs, one of which aims to advance our commitment to become a financial force for change and build a fair world. Please click this hyperlink to complete the Diversity Survey. Your responses are collected anonymously and will never be linked to your job application. At Vancity we?re dedicated to being an inclusive, anti-racist organization with a workforce that reflects the diversity of the communities we serve. If you're interested in this role, we encourage you to apply even if your past experiences don't perfectly align with the skills we've listed. Vancity is an inclusive and equitable employer and actively seeks to advance racial equity, inclusion and belonging across the organization. Vancity offers required accommodations in all stages of the recruitment process. If you require an accommodation, please advise us, and we will work with you to meet your needs.