Job Description

At , we strive to build value for the people who choose us every day: our people, our clients and our investors. We do this by:Putting people first and building relationships with intentionSeeking out and embracing new ideasBelieving that how we do things is as important as what we doLocation: Edmonton, Vancouver, Calgary or TorontoPut a new spin on your banking careerOur core focus is to become the best full-service bank for business owners in Canada. How do we do this? By delivering a proactive client experience through highly personalized service, specialized expertise, and customized solutions. And we do all this with an unrivalled sense of urgency that our clients love about us.The opportunityOur Special Asset Management Unit (SAMU) team is on the search for a Sr Manager, Specialist Asset Management. This role handles and adjudicate various levels of complex and critical client relationships in the high risk small and medium business portfolio! These files have higher complexity than typical relationships with intricate security realization and large credit administration requirements. This position is an integral partner handling small business, high risk borrowing by minimizing Canadian Western Bank\xe2\x80\x99s overall risk with a focus towards the rehabilitation and recovery of the small business client lending relationships. Reporting to the AVP & Manager, Special Asset Management, this role will lead a number of high risk small and medium business accounts ranging in exposure up to $3MM!Areas of focusRelationship Management. Risk Mitigation. ReportingLead the critical nature of client relationships for identified risk business portfolios while upholding CWB\'s values within every interaction.Develop client relationships under trying conditions, find comfort with open and transparent discussions with the borrowers while maintaining client engagement.Maintain experienced knowledge of clients and prospects, market, competition and economic factors in conjunction with an understanding of business issues and trends.Develop and implement a relationship strategy for clients, identifying the issues surrounding the relationship and implementation of the strategy.Provide recommendations to retain and restructure business accounts or to exit the account, based on CWB\xe2\x80\x99s risk appetite. Lead the client relationship and support the delivery of recommendations.Day to day management business accounts and the recovery and restructuring of loans to an acceptable level of risk or to improve recovery of capital.Review complex and demanding loans, perform oversight of watch loans, provide assistance to Branch Lenders.Partner with resources and vendors in improving repayment under realization, collection and liquidation, where rehabilitation or recovery of a small business file.Leverage knowledge of legal requirements for collections, collateral management, and valuation and demand of assets.Underwrite deals, ensuring all aspects are accurately set up, updated and reflective of the transition following prescribed process and policy.Undertake due diligence on business plans and pro-forma statements, recommend and complete suitable solutions.Responsible for adhering to reporting requirement on the high-risk small business portfolio, that meets internal and regulatory controls and for providing reporting to leadership for high risk small business files.Accountable for completion of the vital initial recommendations along with quarterly reports as needed. Responsible for timely completion of quarterly and annual file updates are required.Who we\xe2\x80\x99re looking for & what you\xe2\x80\x99ve doneExperience & EducationFive (5) years of strong lending background in commercial and small business lending (Small Business, Commercial, Real Estate and Equipment Finance)Three (3) years of direct underwriting experience coupled with proven understanding of Moody\xe2\x80\x99s Financial Analyst.Direct experience running problem accounts and work-out situations.Skills & AbilitiesShown success in client engagement and retention, with a best for clients focus.Strong organizational, analytical, and mediation skillsUnderstanding of legal issues around BIA, insolvency, and asset recoveryAbility to establish effective relationships with various internal and external partnersSound problem solving skills and shown judgement.Excellent risk analysis skills.Why work with us?Your success is our obsession! And our award-winning culture & benefits back it up.Proudly recognized by Great Place to Work\xc2\xae in 2024 as one of Canada\xe2\x80\x99s top 50 Best Workplaces & member of Waterstone Human Capital\xe2\x80\x99s Most Admired Corporate CulturesTM Hall of Fame.Wellness matters. We offer an award-winning benefits package that includes:Hybrid work environmentsEveryday flexibilityGenerous company-funded health coverageHealth care spending accountA flexible wellness programgenerous time-away options to unplug, rest & recoverCareer development. We commit to our employees\xe2\x80\x99 development and help them reach their professional goals with:Organization wide coaching servicesMentorshipEducation support & training programsBring your whole self to work. Inclusion is a journey requiring practice & experience to result in a powerful outcome. Your perspective matters & voice will be heard. Find community within the CWB family in our employee represented groups.#LI-BS1#IND-BSAs an equitable employer, CWB Financial Group is committed to providing a safe and where a diverse workforce thrives. You are welcomed and encouraged to bring your whole self to work. Dignity, respect and equality are non-negotiables. If you require during any part of the recruitment or selection process, please reach out.Closing Date:

• Position closes at 12:01am on the close date identified below. 08/28/2024

Canadian Western Bank