Job Description

Our bottom line is different. There’s something special about working at ATB, and it’s been recognized on every top employer list that matters. Maybe it’s our exceptional culture where your total wellness is supported through market-leading benefits and you’re free to bring your whole self to work. Maybe it’s our commitment to a growth mindset and our unrelenting thirst for making it possible for fellow Albertans—even the ones who aren’t our clients.

Whatever it is, you won’t find a more genuine, driven and knowledgeable group of humans anywhere. We foster a culture of purpose, performance and possibilities. We engage with intense curiosity, and bring our whole selves to work, every day. We know it starts with people like you, so take a chance and start with us. Job Number: REQ4559
Location: Anywhere in Alberta
Apply by: August 23rd, 2022
Paygrade: K-PFS
# Positions available: 1
Leader Name: Senior Manager, Underwriting As ATB’s next Real Estate Senior Underwriter, your role includes providing real estate credit expertise in support of ATB’s Real Estate Strategy. As a successful candidate you would work with a team of Real Estate focused Underwriters to support our Real Estate Relationship Managers on some of ATBs higher value Real Estate clientele (including commercial and multi residential investment, construction, land development, residential builders, hotels/hospitality and CMHC). This position will report to the Real Estate & Healthcare Central Underwriting Director.

As a Senior Real Estate Underwriter, you will be considered an expert real estate lender. You possess an in-depth understanding of real estate credit solutions & structuring complex credits. While this is not a customer facing role you may be occasionally required to meet virtually with clients or other external partners. Your day to day work would involve credit risk analysis and preparing formal credit presentations along with meeting with your RM partners to determine optimum credit solutions. There will also be opportunity to showcase your Leadership and presentation skills through various project work. Responsibilities

• Makes sound credit decisions for clients with risk exposures exceeding 5 million in lending commitments
• Partner in first line of defense for risk management and make independent recommendations in conjunction with Sales team
• Assesses risk and profitability, maintains accounts, underwrites credit and ensures optimum client servicing
• Ensures overall loan quality and supporting documentation is within the acceptable ATB measures and identifies all cross-selling opportunities while maintaining adherence to established service level agreements

Requirements Distinctive Skill Requirements

• Business Fundamentals
• Banking Industry Domain Knowledge: Cash Management
• Banking Industry Domain Knowledge: Corporate Lending
• Banking Industry Domain Knowledge: Mortgages

Risk Management, Governance and Regulatory Compliance

• Risk Analysis
• Industry and benchmarking assessments, including key drivers and trends
• Valuation analysis, security analysis with relevant recommendations

Financial Analysis and Expertise

• Financial Statement Analysis, Forecasting & sensitivity analysis of projections
• Analyzing rent rolls, construction budgets, Project Monitor reports
• Spreading - Transferring information from a borrower's financial statements to the bank's financial analysis

Lending and Underwriting

• Credit Analysis
  
• Credit Risk Rating
• Lending
• Loan Processing
• Loan Documentation
• Loan Origination
• Loan Structuring
• Loan Underwriting
• Portfolio Monitoring

Accreditation

• 3+ years of experience including progressively complex roles with a specific focus on real estate finance
• Undergraduate degree in business commerce, economics, or a related field
• Chartered Financial Analyst accreditation or Graduate level education is an asset
• Strong communication skills with demonstrated ability to build relationships with external clients and internal teammates
• ATB Sales and Credit courses or ATB Accreditation or equivalent

At ATB, we know that as you develop in your career, you gain many transferable skills. If you believe your experience and qualities are a match for this position, please consider applying.

Benefits Be great. Be you. Believe. We are dedicated to building a workforce reflective of the diversity within our communities and creating an environment where every team member has what they need to reach their potential. We encourage candidates from all equity-seeking groups to apply. What happens next? Thank you for applying online. If you are shortlisted for this opportunity, you will hear from us after the posting close date regarding next steps. We might ask you to participate in a digital interview or phone interview. If you require any accommodations, please let us know. Stay in touch! ATB is excited to know you’re interested in a career with us! Follow us on LinkedIn, Facebook and Instagram to get the inside scoop on what our team is up to.