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Syndication Associate

Vancouver, BC
Full Time
7 days ago
Location:Ontario (CA-ON),Vancouver
Job Type:Full Time
myWork Options: Onsite/Hybrid
What's the job?
The Syndications Associate is responsible for day to day portfolio management activities, including evaluating, underwriting, and managing subordinated debt and senior debt syndications for existing and new opportunities, with a particular focus on the agency function. Through in-depth research on financing opportunities and performing due diligence, together with ongoing business account management, this position plays a supporting role in the development and growth of a high quality portfolio of investment opportunities for Coast Capital Savings. In addition to being familiar with various areas of commercial banking & risk management: 1) individuals are able to independently review, analyze, and underwrite new and existing opportunities for Coast Capital Savings; and 2) have the ability to communicate clearly and effectively, at all levels throughout the enterprise. Estimated time spent on various responsibilities is as follows: 100% portfolio and risk management.

What you'll get to do:
  • Provide effective risk monitoring and control of a portfolio of business clients through timely completion of annual and other credit reviews and ongoing monitoring of accounts.
  • Independently evaluate, structure, and underwrite subordinated debt and senior debt syndication opportunities.
  • Perform financial analysis and modelling to forecast and monitor operating and financial results.
  • Service the on-going needs of borrowers and liaise with internal staff, particularly Relationship Teams, Commercial Lending Operations and Commercial Credit and external counsel as required.
  • Maintain portfolio performance tracking, preparing reports and presentations, as required.
  • Maintain a professional standard of conduct at all times while promoting a positive image of the enterprise.
  • Maintain compliance with all audit and risk management requirements and all other internal policies.
  • Provide effective risk monitoring and control of portfolio limits and geographic exposure limits.
  • Assist with multi-lender deal arrangements including drafting Confidential Information Memorandums & pitch materials, financial modeling, book running and deal structuring.
  • Communicate effectively, both verbally and in writing.
  • Keep current with changes to policies, procedures and processes, trends in commercial banking, credit, and regulatory issues that may have an adverse impact on Coast Capital Savings.
  • Develop strong relationships with our internal and external business partners and work cooperatively with others.
  • Foster team collaboration to provide a superior support structure for deal activities and the agency function.
  • Create an environment that encourages new concepts and challenges convention.

  • Who are we looking for?
  • Minimum 4 years of relevant Commercial Banking experience, including experience in either: accounting/auditing, commercial banking, corporate finance, investment banking, and/or other relevant areas within a financial institution environment. Knowledge of general commercial banking and an understanding of credit agreements and other legal documents.
  • Bachelor's Degree or a diploma requiring 3 - 4 years of full-time study.
  • Knowledge of Canadian commercial banking marketplace.
  • Strong credit analysis, communications, presentation, analytical risk and portfolio management abilities.
  • Knowledge of the Coast Capital Savings Corporate Lending Policy, Lending Guidelines, the Commercial Lending Manual and Commercial Lending Operations.
  • Good knowledge of the competitive environment and trends for commercial underwriting and risk management practices.
  • Applied knowledge of financial modeling at a proficient level, including the ability to create integrated financial models designed to identify key assumptions and the performance of sensitivity analysis on these areas.
  • Ability to work with all levels from front line staff to senior executives.
  • Excellent presentation skills.
  • Excellent ability to make sound decisions based on thorough research and analysis.
  • Ability to see the big picture and manage the details.
  • Strong analytical and organizational skills, including ability to manage multiple projects and meet aggressive deadlines.
  • Ability to articulate and effectively communicate with executive, management and staff.
  • Excellent problem solving, negotiation and influencing skills.
  • Proven ability to develop win/win solutions through innovative and strategic thinking skills.
  • Strong work ethic and demonstrated resourcefulness in execution of daily activities to meet deadlines and establish priorities to manage multiple priorities, with limited supervision.
  • Flexibility and willingness to travel to where members are located across Canada.
  • .

    Why join Coast Capital? Purpose is our North Star. We look at everything through our purpose. It informs the advice we provide our members, the experiences and products we create, and the programs we build to support our employees and communities.
    Committed to inclusion and engagement. We have an ongoing focus on equity, diversity, and inclusion and routinely track how we're doing, and what we need to do to keep improving. We foster a culture where everyone can feel safe to be who they really are and thrive.
    A career that grows with you. We believe in developing our people and promoting from within. Many employees have spent decades, and sometimes their entire careers, with Coast Capital and have progressed from the frontlines to senior leadership.
    Work where you're most effective. In 2020 the world changed, and that includes how we work. In response to COVID-19 we launched myWork, which gives employees flexibility in where they work based on the nature of their role.
    Benefits that flex to the needs of you and your family. We offer comprehensive, customizable benefits for you and your family, so you can choose what fits best for you and your lifestyle.
    Retirement options. We also take care of our employees once they retire. That's why we offer the choice of a defined contribution or defined benefit pension plan or RSP's.
    Mortgage and auto financing benefits. Employees save thousands on their mortgages and auto loans with best-in-category benefits.
    Real recognition. We recognize excellence throughout the year, through an online community that lets employees give kudos and thanks throughout the year. We're human, which means we like to have fun with events, celebrations, and recognition throughout the year.
    An award winning culture. We're a Platinum member of Canada's Best Managed Companies and are regularly recognized by Canada's Most Admired Corporate Cultures and the BC Top Employers Awards.
    We reinvest 10% back into the community. When we do well, our communities do well. That's why since 2000 we've invested over $90 million into our member's communities.
    Double your impact. Through our employee volunteer program, Coast Capital donates $10 for every hour you volunteer to a Canadian charity or non-profit of your choice.

    Equity, Diversity & Inclusion at Coast Capital At Coast Capital, we value diversity, equity and inclusion. We're not all the same and we like it that way. We don't just accept differences - we celebrate, support, and we thrive on them for the benefit of our employees, our members, and our community. We are committed to building a team that represents a variety of backgrounds, perspectives, and skills.

    COVID-19 at Coast Capital Coast Capital Savings is committed to the health and safety of our employees, member, and communities. With this commitment in mind, Coast Capital complies with all public health mandates (provincially and/or federally, as applicable) and has implemented various safety measures, including requiring all employees to be fully vaccinated against COVID-19, and making COVID vaccination a pre-condition to employment with Coast Capital. All successful applicants must provide acceptable evidence of full vaccination against COVID-19, before any contract of employment becomes final and binding, and before your start date can be set.
    Exceptions may apply where vaccination is not possible for medical or religious reasons that are protected under Canadian human rights laws. Should successful applicants require a medical or religious accommodation related to vaccination please discuss whether an exception may apply with your Talent Acquisition Advisor.