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Title:  Senior Manager, Risk Management - Toronto, ON



Requisition ID: 152365

Roynat Capital, a wholly owned subsidiary of Scotiabank, is a national lender and investor with expertise in providing innovative long-term capital solutions for mid-sized companies utilizing senior term, subordinated debt, as well as mezzanine capital and common share equity. We provide tailored solutions to clients for acquisitions, business expansions, wealth monetization, and working capital enhancement. With a national presence in Canada in major markets, Roynat assists growth-oriented companies in reaching their goals across a wide range of industries.



This position is focused on adjudication of credits from the Technology and Innovation Banking (TIB) portfolio as well as TIB supported files form the rest of the bank. While extensive knowledge of the technology industry (software, hardware, services, telecom) is not required up front, a successful Risk Manager must be insatiably curious about the tech industry – this is a role that requires a lot of learning. Many of the borrowers are EBITDA negative  and also venture capital sponsored – which makes adjudication complex. The borrowers face a higher amount of uncertainty and are often growing very quickly, so their context is always changing – this is a fast-paced corner of the lending world. Working closely with the Director Risk Management, the Senior Manager TIB Risk will enjoy an energetic environment. 


What You'll Do In This Role?


1. Contribute to the profitable growth and quality of Roynat’s portfolio by:

  • ensuring loan losses and portfolio profile are managed within prescribed limits;
  • authorizing/declining applications for credit proposals within established criteria including: Term credits , Subordinated Debt Credits,Recommendation of equity investments as required
  • providing guidance and counsel to District offices on quality of submission, analysis, presentation;
  • recommending credits/investments in excess of limits to Senior Credit Committee;
  • providing strong direction to the Banking Team(s) in terms of management of risk and maximization of equity gains through regular reporting and monitoring;
  • providing/recommending action on problem accounts.


2. Providing high quality support on credit proposals by:

  • analyzing and providing recommendations on applications that meet criteria;
  • assisting field staff in structuring proposals to meet client’s and Roynat’s objectives;
  • closely monitoring Roynat’s Technology portfolio;
  • proactively bringing forward recommendations for problem accounts;
  • recommending sound strategies to maximize exit values.


3. Develop and maintain sound credit management practices by:

  • ensuring thorough investigations and accurate analysis of proposals are completed;
  • ensuring the preparation of comprehensive credit presentations;
  • ensuring all accounts are being monitored for conformity to guidelines, terms and conditions, and arrears and problems are effectively controlled.
  • ensuring knowledge of mezzanine/venture debt/equity is consistently updated and increased to provide greater support to the Banking Team(s).
  • completing courses and attending seminars to ensure general knowledge of equity markets, industry trends, etc. is maintained and up to date.
  • Participating and/or providing ‘in-house’ coaching on credit administration and credit presentations and providing direction to staff
  • other duties as assigned.


What We're Looking For?

  • An undergraduate university degree in commerce, business administration, finance, or accounting, together with a minimum of five years of related business financing, corporate finance, merchant banking, or direct business experience. A graduate or professional degree and/or problem loan management experience would be an asset, not required.
  • Thorough knowledge of credit and administration policies and procedures. Excellent initial assessment, credit and administrative skills are a must. The individual is a leader with a high degree of technical expertise and has the ability to analyze proposals and make sound decisions in managing a portfolio of loans and investments. The individual is required to make/recommend credit/investment decisions, as necessary, in accordance with Roynat’s Credit Risk Policies Authorizing Levels as set out from time to time.
  • A comprehensive understanding of legal, tax, environmental, and bankruptcy and insolvency legislation is also required.
  • Excellent communication skills in order to interact effectively with a broad range of business contacts and professionals.
  • Extensive knowledge of complex deal structures, financing products and services
  • Good experience in risk assessment and financial analysis
  • Experience with problem loan management
  • A demonstrated interest in learning about new industries. Basic knowledge of the software industry and venture capital would be useful. Prior non-bank experience would also be useful.
  • Computer literacy especially in the use of monitoring systems to assist in the administration of loan and investment portfolio.
  • Demonstrated skills in problem solving, structuring and pricing credits, and managing and collecting problem accounts.


This position is located King St W, Toronto

Location(s): Canada : Ontario : Toronto

We value the unique skills and experiences each individual brings to the bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. Candidates selected for an interview will be contacted directly. If you require accommodation during the recruitment and selection process, please let us know. We will work with you to provide as seamless a recruitment experience as possible.

Job Segment: Risk Management, Telecom, Telecommunications, Venture Capital, Corporate Finance, Finance, Technology