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Operations Analyst LoanIQ

1 month ago


Toronto, Canada Finance Professionals Inc. Full time

Location Address: Hybrid - (2-3 days a week in office), Downtown, TorontoContract Duration: Until April 25, 2025Extension: PossibleFTE: PossibleSchedule Hours: 9am-5pm, Monday-FridayTypical Day in Role• Perform day-to-day delivery of critical lending operations processes including loan administrationand servicing for syndicate deals 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 reportsand clearing reconciliation discrepancies.• Support additional reconciliation and investigation activities.• Ensures that terms and conditions of authorizations and/or loan documentation are beingadhered to including pricing, term and amount.• Administers instructions by Agents on participations and customers on direct and agented dealsincluding verification of limit availability, accuracy of calculations and disbursement/application offunds.• Recognize and ensure all exceptions to policies and procedures are brought to the attention ofmanagement for resolution when required.• Build effective relationships with key business partners by collaborating with process managersand subject matter experts to achieve desired objectives.Candidate Requirements/Must Have Skills:1) 5-7 years experiences as an Operations Analyst or similar position2) 2+ years of experience working in corporate lending operations, particularly with servicingsyndication facilities3) Demonstrated experience reading and understanding loan documentationNice-To-Have Skills:1) Cash-reconciliation experience preferred2) Experience with LoanIQ or equivalent lending, proprietary systems preferred3) Intermediate excel skills (manipulate large volumes of data, basic formulas) preferred