Manager, Business Banking Credit - Etobicoke, Canada - Meridian Credit Union

Meridian Credit Union

Verified Company

Etobicoke, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Why Meridian?
At Meridian our aspiration is to integrate our purpose into everything we do for people, the planet, and communities. We believe that our greatest opportunity is to create opportunity and meet people where they are.

Find our story here:

About Meridian**:

Our Business Banking Practice:

At Meridian, our vision is to be recognized as the financial institution that has the most local impact, supported by a purpose-driven Value Proposition to our Members.

We take the time to get to know our Members' business, anticipate their needs and provide customized solutions.

After all, our obligations are to our Members, not shareholders, and we take to heart the best interests of our Members and communities we serve We're passionate about what we can do for their business and we're empowered to leverage our local autonomy to meet their unique needs.

In addition to building customized solutions for business, we offer full service commercial banking solutions, including a wide selection of daily banking products, complementary lending services, cash management solutions, as well as insurance and investments.

As a Manager, Business Banking Credit:

What you will do:

Partner effectively with Commercial Analysts, Relationship Managers and Directors & Team Leads, as well as the Business Credit Risk Management department as appropriate, to understand and enhance credit procedures and related tools.
Spearhead workflow within the Commercial Analyst group to build efficiencies and regularly update Management as requested.
Ensure the overall portfolio is accurately monitored and controlled, adhering to and administering within approved guidelines and in line with established operating policies and procedures.
Assist in providing coverage and growing each portfolio, in your region of responsibility, ensuring the Business Banking unit meets or exceeds annual sales, revenue, volume & new Member objectives with quality.
Resolve Member & credit issues to deliver a positive Member experience.
Follow and ensure staff are knowledgeable and align with Bank and Industry Codes of Conduct.
Understand changing market conditions and remain knowledgeable of relevant industry issues.
Build new relationships and deepen existing Member relationships by consistently differentiating Meridian from the competition by providing a unique credit offering to individual Commercial Members.
Assist in implementing business plans, goal setting, growth strategies and coaching for the applicable units.
Ensure that Commercial Analysts are knowledgeable of and operate within the applicable regulatory and compliance guidelines and Meridian's policies & procedures (including but not limited to: AML, Privacy, Systems & Information Security, etc).
Coach Commercial Analysts in developing creative credit solutions that contribute and add value to our Members needs.
Assist with Meridian Projects and Initiatives which require Business Banking involvement as the needs arise.
Enhance the Meridian brand by participating at network events in your community be the face of the credit union.
Identify and respond to changes in the business environment, establishing action plans to address Member issues and priorities
Act like an owner by recommending, introducing and referring appropriate Business Partners and Products to Members that are aligned to their needs.

How you will succeed:

A minimum of 5 years of commercial lending/adjudication experience in various industries including hospitality & real estate.
Postsecondary education or related job training, with detailed knowledge of financial accounting and lending principles.
Broad knowledge of special supervision requirements for risk mitigation including collection/work out techniques and remedies.
Extensive experience in complex problem loan workouts, with exposure to commercial litigation and insolvency management.
Advanced understanding of a wide range of commercial business financing structures, standards, and techniques.
Advanced knowledge and understanding of business financial statements, business case proposals and cash flow analysis.
Advanced knowledge of commercial account operating procedures and related banking services.
Strong analytical and problemsolving abilities. Ability to quickly prioritize and resolve critical issues as they arise.
Proven ability to provide clear communications, advice and guidance consistent with Meridian values.
Excellent communication skills and proficiency with Microsoft Excel & Word.
Strong negotiation skills, with the ability to collaborate with others as a proactive and genuine partner.
Commitment to the organization by actively supporting the values and demonstrating alignment with the goals of the organization.

Join us Our team works in a hybrid environment at BBC 500 - GTA, 50 Ronson Dr, Etobicoke