Account Manager, Special Assets
DUCA is currently looking for an Account Manager, Special Assets to join our dynamic Commercial Credit department!
Job Purpose & Summary
The Account Manager, Special Assets is responsible for managing DUCA’s commercial Watch List and Special Assets portfolios, comprised of high-risk loans with potential for credit losses or other irregularities. Key responsibilities include reviewing loan and security documentation and formulating and implementing recovery/restructuring action plans while balancing the objectives of avoiding losses, maintaining DUCA’s reputation, and preserving a satisfactory Member experience.
The Account Manager, Special Assets is responsible for a portfolio of loans with an average exposure of $2MM-$10MM primarily in the real estate sector.
Key Accountabilities & Duties
Watch List Account Management
Watch List Portfolio Reporting / DNA inputs
Occupational Experience & Education Requirements
Knowledge, Skills & Attributes
Job requires the ability to deal with some challenging clients and Members experiencing financial and other hardships. Must have the ability to remain calm when dealing with challenging Members.
Some travel within Ontario required as site visits are to be conducted on an as needed basis within DUCA’s geographical lending sphere.
Department: Commercial Credit
Primary Location: 5255 Yonge Street, North York, ON
Employment Status: Full-Time
Hours per Week: 38 hours
Job Grade Level: Seven (7)
DUCA exists to help people do more, be more and achieve more with their money and their lives. We’re driven by a co-operative philosophy that puts our Members (and Owners) at the centre of every decision we make, gives them a voice in how we’re run, and rewards them for their loyalty by sharing our profits.
At DUCA, we’re dedicated to creating a positive environment where our employees have growth and development opportunities, a healthy work/life balance, opportunities to give back to the community, and a focus on doing what is right for our Members. DUCA offers a competitive total compensation package including base salary, a short-term incentive (bonus) program, a comprehensive benefits program, pension plan, and employee banking benefits.
DUCA is committed to employment equity and encourages applications from all qualified candidates. Recruitment related accommodations will be provided upon request.
Qualified applicants are encouraged to submit their application. Applications must include both a resume and cover letter.
We thank all applicants but only those considered for an interview will be contacted.