Pay Rate: $37
Location: Toronto ON
Job Type: Contract
Typical Day in Role
- Perform day-to-day delivery of critical lending operations processes including loan administration and servicing for syndicate deals with bank as a participant bank
- Support all aspects of servicing a deal including, but not limited to, rollovers, drawdowns, repayments, static data updates
- Be accountable to assigned portfolio and maintain portfolio health by reviewing control reports and clearing reconciliation discrepancies.
- Support additional reconciliation and investigation activities.
- Ensures that terms and conditions of authorizations and/or loan documentation are being adhered to including pricing, term and amount.
- Administers instructions by Agents on participations and customers on direct and agented deals including verification of limit availability, accuracy of calculations and disbursement/application of funds.
- Recognize and ensure all exceptions to policies and procedures are brought to the attention of management for resolution when required.
- Build effective relationships with key business partners by collaborating with process managers and subject matter experts to achieve desired objectives.
Candidate Requirements/Must Have Skills:
- 5-7 years experiences as an Operations Analyst or similar position
- 2+ years of experience working in corporate lending operations, particularly with servicing syndication facilities
- Demonstrated experience reading and understanding loan documentation
Nice-To-Have Skills:
- Cash-reconciliation experience preferred
- Experience with LoanIQ or equivalent lending, proprietary systems preferred
- Intermediate excel skills (manipulate large volumes of data, basic formulas) preferred
Soft Skills Required:
- Strong quantitative and problem-solving skills
- Analytical and detail-oriented
- Motivated problem solver
- Strong communications skills
Degrees or certifications:
- Bachelor's degree in Finance or related field.
If you are interested in hearing more about this role, please send your updated resume in MS Word format to Laxmi@ifgpr.com and mention the "Operations Analyst - 3" in the subject line.
Other roles can be viewed at www.ifg-global.com