Associate Director, Corporate Risk Advisory and Management

ATB•Calgary, AB

5d•Hybrid

About The Position

This position has a hybrid work arrangement. On average, this means 3 days on-site per week. Please note that this is subject to change due to business priorities. As ATB’s next Associate Director in Special Loans, what we internally call Corporate Risk Advisory and Management (RAM), you will work with one of our Directors in managing a portfolio of distressed accounts. The position will focus on assisting the Director with developing strategies to mitigate risk while working with borrowers to turnaround businesses or maximizing recoveries when navigating to an exit along with supporting the Director in completing financial analysis and credit underwriting. At ATB, we invest in your expertise. In this role, you'll gain: Special loans experience to gain deep insight into financial analysis and credit structuring. An intimate understanding of collateral, enforcement actions, and court processes. Independence and guided learning by directly managing a portfolio of distressed borrowers, offering a mix of autonomy and support from your leaders. Start building your future with ATB. This position is designed to equip you with the essential skills and foundational knowledge that can open doors to numerous career advancements within our organization. Your journey could lead to roles in Sales Lending, Sales Leadership, Credit Adjudication, Corporate Special Loans, and more.

Requirements

A post-secondary degree in business with a minimum of 5 years work experience in Corporate/Commercial Banking.
Strong financial acumen and credit underwriting experience;
A Client Obsessed focus and a desire to be a Champion of Belonging;
Demonstrated credibility through professional track record, integrity and business knowledge; and
Independent self-starter that is eager to learn, works well under pressure, and able to quickly gain working knowledge of a business and its industry.

Nice To Haves

A related graduate level degree or designation such as MBA, CPA, CFA, CBV or CIRP would be an asset.
Understanding of distressed corporate lending deals, due diligence, modeling and structuring related to tracing of risks would be considered an asset;
Experience in and/or knowledge of Insolvency, Receivership, Bankruptcy and CCAA would be considered an asset;

Responsibilities

Works closely with Director in preparation of term sheets, applications for credit ("AFC"), forbearance agreements, and security documents;
Provides day-to-day oversight and management of portfolio to ensure customer service expectations and credit quality is maintained and conducts portfolio health monitoring/maintenance;
Monitors loan loss allowance associated with impaired accounts;
Works and communicates effectively with restructuring professionals, insolvency counsels, valuators, and financial advisors; and
Ensures credit decisions/recommendations are in accordance with sound credit granting principles and ATB’s lending policy and procedures.