It’s an exciting time to join Wyth.
Wyth is a Canadian digital bank that has been named one of Canada’s Best Managed Companies many times over. We’re on a bold journey to create the future of banking. We want to evolve the way Canadians bank and to enable their success. We’re growing into a top-tier company that delivers great value to employees, customers and stakeholders.
Our team is national and a large majority of us work remotely. Our workplace is friendly, welcoming, inclusive and ever evolving. Join us if you want to be part of The Bank That Does.
Syndicated Lending Manager (Full-time, Permanent Position)
The Syndicated Lending Manager provides direction in the sale of high-quality commercial loans and mortgages to the Bank’s network of financial institution partners across Canada. You will work closely with our origination team and key credit union partners as you assist them in diversifying their balance sheets and deploying liquidity. Building and maintaining strong relationships is essential to successfully meeting business acquisition objectives, ensuring strong deal flow and providing effective ongoing portfolio management for Wyth and our partners.
This position is accountable for the sale of new commercial assets to other financial institutions across Canada and the management of the Bank’s existing syndicated loan portfolio.
You will work closely with internal and external partners confirming the suitability of the commercial assets to both Wyth and our partners. You will ensure the organization is adequately protected from financial loss by ensuring fees are collected, by following proper funding, documentation, and monitoring practices, and by identifying and bringing forward emerging credit issues in a timely manner.
As the Syndicated Lending Manager, you will manage relationships by delivering timely responses to inquiries and will provide regular updates on progress and/or issues to the bank’s credit union and syndicate partner organizations. You will bring leadership and expertise to commercial underwriters in the credit union system on structuring complex commercial lending transactions and effectively contribute to development initiatives within the Commercial Markets team.
- 5+ years previous lending experience and demonstrated proficiency with progressive experience in the area of commercial credit and/or underwriting, including Real Estate, Construction and diversified lending
- Undergraduate degree or an equivalent combination of education and experience in a related field
As of December 31, 2021, the Bank requires all employees to be fully vaccinated and complete an attestation upon the time of hire. If you cannot receive the COVID-19 vaccine due to a qualifying medical condition or require an accommodation due to grounds protected under the Canadian Human Rights Act you will be required to follow the Bank’s policy and process to apply for an exemption/accommodation.
Applications for this opportunity will be accepted until end of day Monday, February 14, 2022.
At Wyth, our goal is to achieve a workforce as diverse as the people we partner with. We encourage all members of the designated groups; aboriginal peoples, persons with disabilities, women, visible minorities and others to join our team. Wyth strives to provide a safe and respectful work environment free of discrimination and harassment and is committed to an inclusive, barrier-free recruitment and selection processes.
We thank all applicants for their interest, however, only those selected for an interview will be contacted.
We’re an innovative and future-focused company. Through our partnerships with Fintechs, we focus on delivering unique financial products to retail, business, credit union and Fintech customers.
We’re passionate about solving problems for our customers by making their banking experience easy and helpful.
Our employees are our strength. We aim to keep them healthy and support them to be their best selves. We offer a competitive total rewards package with a full range of benefits and flexible work options.
Visit wyth.ca to learn more.