Senior Relationship Manager, Corporate Syndications

at  Meridian Credit Union

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

EXPERIENCE

Preferred

• 5 year(s): you will have experience in managing large commercial or corporate lending accounts and have been exposed to the lending process at large financial institution.

EDUCATION

Preferred

• Bachelors or better in Business or related field

SKILLS

Required

• Takes initiative
• Effective Communicator
• Conflict Management
• Collaboration
• Business Writing & Presentations
• Analytical
• Active Listening

WHAT YOU WILL DO:

Manage the assigned credit portfolio of Syndicated Financing accounts, identifying and escalating any material risk issues to ensure the risk rating remains accurate at all times. Proactively build a key COI (Centre of Influences) network of chartered bank representatives, lawyers, and others to help MCU achieve its objectives and foster deal sharing opportunities. Structure, negotiate and document credit and cash management arrangements outlining loan terms and conditions relative to risk, needs of borrower and cost of administration ensuring an appropriate return to the Credit Union. Demonstrate a well-developed understanding and solid analytical skills in the areas of balance sheets, cash flow mechanics, and business plans. Keep abreast of general issues affecting Syndicated Financing, including market conditions, industry practices
and financial results for existing and potential Members. Minimize loan risks through diligent, timely and proactive annual financial reviews and ongoing monitoring of
changing economic/marketplace influences and applicable industry trends/data. Address issues such as compliance or material changes that arise as deals are being negotiated, structured and documented. Conduct extensive due diligence and prepares credit submissions in accordance with the company’s standards and procedures and present them to the Director, Team Lead. Focus on the highest quality Member service, ensuring alignment with overall Meridian and Commercial goals and objectives.
Mentor and coach less experienced Commercial Services colleagues through collaborative teamwork and provides advice in regards to account management and credit structuring. Actively participate in Company and Community events and activities while demonstrating Meridian values.

JOIN US! THIS ROLE IS HYBRID. OFFICE LOCATION: BBC 500 - GTA 50 RONSON DR, TORONTO

Meridian has a remote work policy that allows flexibility for employees to work remotely but also requires regular time in the office for purposeful meetings to collaborate, innovate and build effective relationships with your team, your colleagues and your leader which is very important to us.