Senior Manager, Business Development at Laurentian bank
Toronto, ON, Canada -
Full Time


Start Date

Immediate

Expiry Date

09 Dec, 25

Salary

0.0

Posted On

11 Sep, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Communication Skills, Windows, Complex Transactions, Academic Background, Real Estate Financing, Real Estate, Word Processing

Industry

Banking/Mortgage

Description

Seeing beyond numbersTM
At Laurentian Bank, we believe we can change banking for the better. Founded in Montreal in 1846, Laurentian Bank helps families, businesses and communities thrive. Today, we have over 2,800 employees working together as One Team, to provide a broad range of financial services and advice-based solutions for customers across Canada and the United States. We drive results by placing our customers first, making the better choice, acting courageously, and believing everyone belongs.
This role sits within Laurentian Bank.
Through a syndicated loan market, develop and maintain a profitable commercial real estate loan portfolio.
Assists Laurentian Bank of Canada (“LBC”) Real Estate Team by implementing a Canada-wide business development strategy; finding suitable financial institutions to participate in lending opportunities that LBC originates. Enhance LBC profitability and support growth initiatives by participating in external driven opportunities.

LI-Hybrid

QUALIFICATIONS

  • Academic Background: University or College degree, or relevant job experience.
  • Experience: 10-year experience in related commercial real estate financing.

Specific Skills

  • Working knowledge of Windows based PC word processing and spreadsheet analysis.
  • Strong communication skills required to negotiate and close complex transactions.
  • Advanced written skills in order to write clear and logical Confidential Information Memoranda.
  • Working knowledge of real estate.
  • Good interpersonal and organizational skills.

How To Apply:

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Responsibilities
  • Prepares and follows through executions on Confidentiality Agreements, Confidential Information Memoranda, and related materials for real estate loan syndications.
  • Prepares Mortgage Participation & Servicing Agreements and inter-credit Agreements with other participating lenders on terms and conditions that are satisfactory to LBC.
  • Tracks and prepares reviews and recommendation on maturities to assure each loan account is attended to for reporting or renewal. Communicates with lending partners to resolve any issues.
  • Prepares pipelines and progress reports, as required, itemizing new business and syndication status.
  • Responsible for maintaining strong relationships with existing co-lenders and proactively cultivating new partnerships, which includes gaining a deep understanding of each co-lender’s risk appetite.
  • Liaison with participating lenders to ensure efficiency with credit approvals, and funding schedules.
  • Prepare investor profiles for all lenders documenting their lending parameters.
  • Manage counter-party exposure and various asset class exposure across the commercial real estate portfolio.
  • Review potential external opportunities including portfolio acquisitions and portfolio sales.
  • Lead various projects and large mandates that could have a significant impact on profitability, efficiency and regulatory.
  • Anticipate the implications of new legislation, policies, programs, procedures and various projects; evaluate them and comment on them and make recommendations to the Bank’s senior management.
  • Manage his or her employees in compliance with current legislation, policies, programs and procedures
  • Other duties as assigned
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