Limits Specialist

At CWB, we strive to build value for the people who choose us every day: our people, our clients and our investors. We do this by:

• Putting people first and building relationships with intention

• Seeking out and embracing new ideas

• Believing that how we do things is as important as what we do

Location: Edmonton, AB

Hybrid, On-Site Requirement - Tuesdays and Wednesdays

Canadian Western Bank (CWB) is the only full-service bank in Canada with a strategic focus to meet the unique financial needs of businesses and their owners. Our teams take a relationship-based approach to deliver a uniquely proactive client experience through highly personalized service, specialized expertise, customized solutions, and faster response times. We provide full-service business and personal banking, nation-wide specialized financing in targeted industries, comprehensive wealth management offerings, and trust services. And we do it together - united, as oneCWB. We are firmly committed to the responsible creation of value for all our stakeholders and our approach to sustainability will support our continued success.

Our highly engaged teams operate within a client-centric, collaborative and change-ready culture, with a core focus to achieve our vision to become the best full-service bank for business owners in Canada as we continue to transform our capabilities. And we are building momentum.

The Limits Specialist is part of the centralized limits group in our Credit Support national team within the Credit Support department. The role is responsible for servicing and maintaining Canadian Western Bank’s centralized limits functional area, and will work collaboratively with the Manager, Loan Support to drive a high level of quality and standards, risk management, and strong data integrity. This individual will contribute to limits specific projects to ensure the team continues to provide the standardized, optimized support to achieve our goal to be the best full service bank for business owners in Canada.

This role will be focusing primarily on administrative activities related to the WAVE Insurance Expiry Report. This includes, but is not limited too:

• Contacting insurance brokers, either by email or phone, to obtain copies of policy renewals

• Reviewing policies received to ensure they meet requirements as per commitment letter

• Uploading received policies to WAVE in accordance with documentation standards

• Creation of out of order records for policies that are cancelled or where renewal policies are not received

• Working closely with the Manager, CLPG to identify areas of opportunity for the follow up process

Other accountabilities specific to CWB’s centralized limits functional area:

• Review and interpret credit approvals to ensure appropriate limit structure creation

• Create and amend all limit structures in T24

• Link all limit reference structures between WAVE and T24

• Create all Personal Overdraft Protection Accounts

• Create all Foreign Exchange Forward Contracts

• Create all Loan Pool accounts related to CWB lead syndications

• Process temporary credit extension fees as required

• Prepare and submit all daily/weekly/monthly reporting

• Complete information requests from lenders, the regional support centers, and corporate office departments as required

Client centric, collaborative & change ready. We deliver outstanding client experiences at every interaction and execute on plans to continuously build a differentiated experience, in line with CWB’s brand promise. We provide full-service solutions for clients with the view to be every client’s primary financial partner, working seamlessly with colleagues and peers across our organization to deliver a united & unrivalled experience.

Efficient & effective optimizer. Proven organization & ability to manage multiple monitoring and testing priorities and meet deadlines. Demonstrated ability to drive efficiencies and continuous improvement in processes aligned with corporate culture and regulations

Relationship builder. We go above and beyond to build deep and meaningful relationships. A client relationship is built on trust, and credibility is earned when you invest time and thoughtful consideration, adding value through care and attention. We know just as much about our clients’ businesses as they do.

A true #tealmate. We live & champion CWB values. Represent the CWB Brand with honour and integrity, embodying our culture in a way that prioritizes collaboration and respects individuality. We are an advocate & and an ally for all, actively promoting inclusion and accepting of all differences. Respecting all & each other, to succeed as one - oneCWB growing together.

• Diploma in Business Administration including minimum 2 accounting course

• Minimum of 3-5 years credit support experience with strong knowledge of collateral securities.

• Knowledge of commercial and equipment lending, loan administration and credit processes.

• Experience in risk assessments, business banking and credit processes, including loan administration, collateral securities and credit processes including more complex commercial loans.

• Strong working knowledge of commercial lending policies, procedures, regulations, documentation, compliance issues, collateral securities, and audit requirements.

• Strong knowledge of the Banking System, Loan Origination Systems, Microsoft Office Suite, and Adobe Forms.

• Customer focused, with validated ability to engage in and drive multiple initiatives simultaneously in a fast paced, high volume, work environment.

• Keen eye for detail, identify efficiencies and continuous improvement in processes aligned with corporate culture.

• Creative problem solving and conflict resolution skills, with the ability to diffuse challenging situations and find common ground.

• Respectful, dedicated, and self-motivated teammate with experience in peer-to-peer coaching and mentorship.

• Strong verbal and written communication skills and the ability to interact effectively with a diverse group of partners in a non-client facing environment.

Your success is our obsession! And our award-winning culture & benefits back it up.

Proudly recognized by Great Place to Work® in 2024 as one of Canada’s top 50 Best Workplaces & member of Waterstone Human Capital’s Most Admired Corporate CulturesTM Hall of Fame.

Wellness matters. We offer an award-winning benefits package that includes:

• Hybrid work environments

• Everyday flexibility

• Generous company-funded health coverage

• Health care spending account

• A flexible wellness program

• generous time-away options to unplug, rest & recover

Career development. We commit to our employees’ development and help them reach their professional goals with:

• Organization wide coaching services
• Mentorship
• Education support & training programs

Bring your whole self to work. Inclusion is a journey requiring practice & experience to result in a powerful outcome. Your perspective matters & voice will be heard. Find community within the CWB family in our employee represented groups.

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As an equitable employer, CWB Financial Group is committed to providing a safe and inclusive environment where a diverse workforce thrives. You are welcomed and encouraged to bring your whole self to work. Dignity, respect and equality are non-negotiables. If you require accommodation during any part of the recruitment or selection process, please reach out.

* Position closes at 12:01am on the close date identified below.