Syndication Analyst

Join a ChallengerBeing a traditional bank just isn’t our thing. We are big believers in innovating the banking experience because we believe Canadians deserve better options, and we challenge ourselves and our teams to creatively transform what’s possible in banking. Our team is made up of inquisitive and agile minds that find smarter ways of doing things. If you’re not afraid of taking on big challenges and redefining the future, you belong with us. You’ll get to work with people who will encourage you to reach new heights. We like to keep things fun, ask questions and learn together.We are a big (and growing) family. Overall we serve more than 670,000 people across Canada through Equitable Bank, Canada's Challenger Bank™, and have been around for more than 50 years. Equitable Bank's wholly-owned subsidiary, Concentra Bank, supports credit unions across Canada that serve more than six million members. Together we have over $125 billion in combined assets under management and administration, with a clear mandate to drive change in Canadian banking to enrich people's lives. Our customers have named our EQ Bank digital platform (eqbank.ca) one of the top banks in Canada on the Forbes World's Best Banks list since 2021.The WorkThe primary purpose of the position is to support the Director, Syndicated Lending by managing credit union relationships by providing solutions to help manage credit unions’ balance sheet constraints through the offering of syndicated loan investments. The role provides all level of support to both internal and external stakeholders as required as part of the loan syndication process.The core parts of your role would be to:In coordination with the Syndicated Lending Director, and/or VP CFG, ensure CLM’s return and growth targets are met and/or exceeded, by:Communicating terms and conditions on syndicated loans to external partnersStimulating future opportunities from targeted credit unionsPricing on book assets for sale through discounted cash flow modellingWorking closely with the origination group on the acquisition of assets ensuring there is suitable appetite for sale in our syndication networkEngagement/coordination with all internal stakeholders to ensure high quality product delivery to credit union partnersPreparing and executing all loan sale documentation, and providing the ongoing support of those loan salesAd hoc requirements, as needed, to support internal and external stakeholders (internal/external reporting, data provisioning, etc)Ensure client needs are exceeded, by:Delivering timely responses on client requestsRegularly communicating with clients on progress and/or issues, including communicating and explaining internal credit decision making and recommendationsEducating clients on the processes that we follow and maintain, including best in class processesFollowing up with the client after completion of the business to ensure that we are providing value to themUnderstanding the client’s business drivers for completing this business with Concentra and providing value added information to improve the credit union’s positionLeading diverse and complex loan syndication opportunities to give credit unions and the credit union system, the ability to participate in and service large lending relationshipsContributing to the bank’s delivery of high-quality liquidity management solutions by:Assisting colleagues in their delivery of timely response to client credit unionsMarketing the areas and the Company’s financial solutions to credit unions through regular contactStimulating future demand with existing clientsEnabling the credit union system to deliver on requests that it could not otherwise undertake on its ownLet's Talk About YouPost-secondary education (diploma/degree) preferably in business or finance is required. 3-5 years of lending experience, and demonstrated lending proficiency Knowledge of loan syndication principles, planning and tacticsSpecialization in Real Estate (e.g. Real Property Valuation/Assessment) a definite assetExperience with construction lending guidelines and requirementsSound technical knowledge of commercial real estate underwriting, financial statement analysis and factors affective the commercial mortgage marketBilingualism is an assetEffective analytical and problem solving skillsWorking knowledge of AML/ATF regulations and Corporate/Legal documentation (both direct and partner originated transactions) for commercial real estate in multiple jurisdictions across CanadaExcellent working knowledge of MS Office (primarily Word, Excel and PowerPoint)Strong organization and time management skills with the ability to handle multiple competing prioritiesDemonstrated ability to work independently to achieve goalsHighly developed verbal and written communication skills with the ability to respond in a clear, concise and professional mannerJob Complexities/Thinking ChallengesThe position requires an individual to be a self-starter and make sound underwriting and servicing recommendations as efficiently as possible. The incumbent should be prepared to always manage files of complexity and shall possess cognitive skills, professional judgement and the ability to work independently to properly assess individual transactions and rely on past experiences to assist in mitigating risk. The incumbent is required to follow corporate policies, procedures and regulatory requirements to work through files and rationalize the recommendations or decisions made. Transactions may be presented from multiple Credit Union partners, each partner having unique complexities. As such, the incumbent must be able to draw on specific product/document knowledge to assess suitability. What we offer (For full-time permanent roles) Competitive discretionary bonus✨ Market leading RRSP match program