Manager, Commercial & Real Estate Lending
Meridia Recruitment Solutions
- New Brunswick
- Permanent
- Full-time
Reference #JL-18077Atlantic Central is the regional trade association for more than 40 independent member credit unions across Atlantic Canada. League Savings and Mortgage and Atlantic Central are active commercial real estate lenders in Atlantic Canada. They provide a range of financial services, leadership, and advocacy to support credit unions and the communities they serve to grow well. Their credit unions proudly serve nearly 293,000 members and play a significant role in the Atlantic Canadian economy. They are proud to be a Certified B CorporationTM joining a global movement of people using business as a force for good. They are committed to making business decisions that are in the best interests of their employees, credit unions and their members.On behalf of our client, we are currently recruiting for a Manager, Commercial & Real Estate Lending to join their team of dedicated professionals in Halifax, Nova Scotia or Moncton, New Brunswick.This is a leadership role within the commercial real estate financing team. As the Manager, Commercial & Real Estate Lending, you will lead a dynamic group of Commercial Relationship Managers and Commercial Analysts. The jobholder will work closely with the Director, Commercial & Lending Services, and will provide a significant contribution to the management and growth of their commercial mortgage/construction loan portfolios, providing support, advice, and guidance to clients and referral sources while playing a key role in the development of Commercial Lending team.Key Requirements and Responsibilities:Leadership
- Atlantic Central is committed to developing members of their team. As an experienced people leader, you will help to guide and develop members of the team to improve their capabilities and help them achieve.
- A key requirement will be experience in originating commercial real estate and construction loans.
- Ideally the jobholder will have an established referral network in Atlantic Canada but should be able to demonstrate experience in developing and maintaining one.
- The team is active in the origination and servicing of CMHC insured multi residential housing loans, including the acquisition of loan portfolios for securitization.
- The jobholder will be expected to have, or quickly develop, a full understanding of CMHC criteria pertaining to the insurance of multi residential real estate financing.
- In conjunction with the Director, Commercial & Lending Services, the jobholder will manage the commercial real estate loan portfolio which will include ensuring loans are an acceptable risk and within guidelines and policy, completing annual reviews, managing and delinquency and recovery activities.
- The role will require the ability to adjudicate on commercial real estate loan and construction loan applications. Credit experience is therefore considered an asset.