Loan Administrator
6 days ago
IO’s Finance, Technology, and Lending Enterprise Team ensures that IO is a financially efficient and effectively managed organization and that the agency’s finances are monitored, reported, and managed appropriately. The team also manages the infrastructure lending program, which has supported more than $19 billion in local infrastructure development, and IO’s Information Technology and Business Services, providing tools and systems to ensure secure, effective, and efficient operations.
IO’s Loan Program is established to provide low-cost construction and long-term financing to certain eligible borrower sectors. Currently, the outstanding loan value of IO’s loan program is about $6.3 Billion, and supports billions in project value across the province of Ontario.
The bulk of IO’s loan portfolio consists of loans to municipalities across Ontario. The Loan Program also provides financing to other sectors, including not-for-profit affordable housing, not-for-profit long-term care providers, municipally owned local distribution and electricity generation providers, hospices etc. Our projects are evident in nearly every municipality across the province. Consider joining this team which plays an integral role in modernizing infrastructure in your community.
***
Reporting to the Manager, the Loan Administrator, this position is a fantastic opportunity for a Loan Administrator to join IO’s Loan Program team. As part of the Infrastructure Ontario Lending team, this role will provide support and coordinate the loan administration responsibilities of the loan portfolio.
**What you will do**:
- Provide advanced administrative support to the Loan Operations, Customer Relations, Commercial Underwriting and Grant Administration teams, including: acting as backup for Loan Officers when they are temporarily away, meeting coordination, lending document preparation and management, coordination of marketing events, client interaction and specific tasks and projects as assigned.
- Provide annual information statements, payment statements and interest accrual statements to clients as required.
- Administer payments for IO’s loan portfolio.
- Administer property tax payments as part of loan portfolio management duties.
- Any other tasks and responsibilities as required.
- This role is a key function in the Lending department and will provide a high level of administrative support to various teams based on the overall priorities and deliverables due at any given time.
**Who we are looking for**:
- Advanced experience in an administrator role providing client service within a professional services environment.
- Experience working with databases (i.e. entering and tracking information and generating reports) and managing high-volume and complex workloads in a business environment.
- Exceptional organizational skills with the ability to work within tight deadlines.
- Ability to manage various documentation and complex processes.
- Basic knowledge and appreciation of business, finance and lending practices, excellent database management and spreadsheet skills, and have a high level of comfort dealing with external and internal stakeholders.
- Exceptional time management and prioritizations skills, a professional attitude and the ability to handle confidential, complex and delicate issues and information tactfully and diplomatically.
- Previous experience in financial services, loan administration, and/or lending would be considered a strong asset.
**What's in it for you**:
- Commitment to creating a diverse, equitable and inclusive culture that promotes a sense of belonging and represents and reflects the needs of the communities we serve.
- A flexible, hybrid work approach that allows colleagues to find balance between their professional and personal lives and making the most of the benefits of working remotely and purpose-driven in-person collaboration opportunities.
- A comprehensive package that covers health, dental, vision, out-of-country care, paramedical services, and more.
- Support for professional development opportunities for all colleagues through a broad range of learning programs that include in-person and online training, leadership development, and support for colleagues’ well-being. IO will also cover the costs associated with up to two membership and license fees per year for eligible colleagues if directly related to the employee’s role.
- Access to a suite of virtual healthcare options to support non-urgent medical needs
- A convenient, central location at 1 Dundas St West, easily accessible by public transit.
This posting will close **May 11th 2024.**
Interviews will be conducted on a rolling basis until the position is filled.
The hiring range for this position is **$60,900 -$91,400 **with a corresponding job level of **S3**
**Exact compensation may vary based on skills, knowledge and experience**
Click here to return to our career listing
-
Loan Administrator
6 days ago
Toronto, Canada Infrastructure Ontario Full timeIO’s Finance, Technology, and Lending Enterprise Team ensures that IO is a financially efficient and effectively managed organization and that the agency’s finances are monitored, reported, and managed appropriately. The team also manages the infrastructure lending program, which has supported more than $19 billion in local infrastructure development,...
-
Analyst, Loan Administrator
1 month ago
Toronto, Canada Robert Half Full timeRobert Half is currently working with a client seeking a Loan Administrator. The Loan Administrator will act as the point of contact between a lender and potential borrower. The Loan Administrator will help identify loan opportunities that the borrower qualifies for from the lender. Are you a customer focused and detail oriented professional? Then this is...
-
VP, Loan Administration
1 month ago
Toronto, Canada Robert Half Full timeOur client, an international financial institution, offers a broad range of financial services centered on banking. They are also engaged in the leasing, securities, credit card, investment, mortgage securitization, venture capital and other credit related businesses. They are currently seeking a VP Loan Administration for their Toronto office. While...
-
VP, Loan Administration
3 weeks ago
Toronto, Canada Robert Half Full timeOur client, an international financial institution, offers a broad range of financial services centered on banking. They are also engaged in the leasing, securities, credit card, investment, mortgage securitization, venture capital and other credit related businesses. They are currently seeking a VP Loan Administration for their Toronto office. While...
-
Advisor Loan Administration
4 weeks ago
Toronto, Canada National Bank of Canada Full time**Primary Locations**:Toronto, Ontario**: **Attendance**:Hybrid**: **Employee Status**:Regular**: **Schedule**:Full-time**: A career in Financial Markets at National Bank is to participate in the transformation to have a direct impact on the client. We are looking to add a Loan Administration Advisor for our corporate clients to support Directors and...
-
Senior Manager, Loans Administration
3 weeks ago
Toronto, Ontario, Canada Robert Walters Full timeOur client, a top-tier global financial group, is in search of a Senior Manager, Loan Administration to join their team. The ideal candidate will have a firm grasp of commercial lending and a proven record of managing teams. Paramount to this role is experience with Loan IQ (Loan System)This role is instrumental in managing and guiding the operations of the...
-
Senior Manager, Loans Administration
2 months ago
Toronto, Ontario, Canada Robert Walters Full timeOur client, a top-tier global financial group, is in search of a Senior Manager, Loan Administration to join their team. The ideal candidate will have a firm grasp of commercial lending and a proven record of managing teams. Paramount to this role is experience with Loan IQ (Loan System)This role is instrumental in managing and guiding the operations of the...
-
Advisor Loan Administration
1 week ago
Toronto, Canada National Bank of Canada Full timeA career as an Advisor on the Credit Capital Markets (CCM) Loan Administration - Covenant & Security team at National Bank means putting your expertise to deliver trusted advice to internal and external parties. In this role, you can use your Loan Administration work experience to have a positive impact on the organization. **Your job** - Conduct review on...
-
Advisor Loan Administration
7 days ago
Toronto, Ontario, Canada National Bank of Canada Full timePrimary Locations:Toronto, Ontario**:Attendance:Hybrid**:Employee Status:Regular**:Schedule:Full-time**:A career in Financial Markets at National Bank is to participate in the transformation to have a direct impact on the client. We are looking to add a Loan Administration Advisor for our corporate clients to support Directors and Managing Directors within...
-
Mortgage Loan Originator
7 days ago
Toronto, Ontario, Canada Altis Recruitment Full timeOur client in the financial services industry is looking for a Mortgage Loan Originator to join their team in Downtown Toronto for a permanent position. This role is hybrid (3 days a week in office) and offers 3 weeks vacation, 7 sick days and a full health benefits packageAs a Mortgage Loan Originator, you will play a crucial role in supporting the mortgage...
-
Mortgage Loan Originator
1 week ago
Toronto, Canada Altis Recruitment Full timeOur client in the financial services industry is looking for a Mortgage Loan Originator to join their team in Downtown Toronto for a permanent position. This role is hybrid (3 days a week in office) and offers 3 weeks vacation, 7 sick days and a full health benefits package!As a Mortgage Loan Originator, you will play a crucial role in supporting the...
-
Senior Loan Officer
2 weeks ago
Toronto, Canada Infrastructure Ontario Full timeIO’s Finance, Technology, and Lending Enterprise Team ensures that IO is a financially efficient and effectively managed organization and that the agency’s finances are monitored, reported, and managed appropriately. The team also manages the infrastructure lending program, which has supported more than $19 billion in local infrastructure development,...
-
Toronto, Canada National Bank of Canada Full time**Primary Locations**:Toronto, Ontario**: **Attendance**:Hybrid**: **Employee Status**:Regular**: **Schedule**:Full-time**: **We are looking for 2 advisors, one can be situated in Montreal (1155 rue Metcalfe) and the other in Toronto (130 King Street). A career in Financial Markets at National Bank is to participate in the transformation to have a direct...
-
Analyst, Loan Specialist
4 weeks ago
Toronto, Canada Sumitomo Mitsui Banking Corporation Full timeOverview: **Responsibilities**: - Understanding on all loan documentation and briefs, ensuring that the terms and conditions contained in the documents comply with the approved credit facility prior to the disbursement of funds and during the life of the loan. - Responsible to prepare Loan IQ input templates for new customers and/or deals and facilities and...
-
Mortgage Loan Originator
7 days ago
Toronto, Ontario, Ontario, Canada Altis Recruitment Full timeOur client in the financial services industry is looking for a Mortgage Loan Originator to join their team in Downtown Toronto for a permanent position. This role is hybrid (3 days a week in office) and offers 3 weeks vacation, 7 sick days and a full health benefits package!As a Mortgage Loan Originator, you will play a crucial role in supporting the...
-
Toronto, Canada National Bank of Canada Full time**Primary Locations**:Toronto, Ontario**: **Attendance**:Hybrid**: **Employee Status**:Regular**: **Schedule**:Full-time**: A career in Financial Markets at National Bank is to participate in the transformation to have a direct impact on the client. As a Manager in Loan Administration for corporate clients you will support the directors and managing...
-
Analyst, Loan Specialist
7 days ago
Toronto, Ontario, Canada Sumitomo Mitsui Banking Corporation Full timeOverview:Responsibilities: Understanding on all loan documentation and briefs, ensuring that the terms and conditions contained in the documents comply with the approved credit facility prior to the disbursement of funds and during the life of the loan. Responsible to prepare Loan IQ input templates for new customers and/or deals and facilities and input set...
-
Analyst, Loan Specialist
3 weeks ago
Toronto, Canada Sumitomo Mitsui Banking Corporation Full timeOverview: **Responsibilities**: - Contact clients to obtain loan rollover / repayment / drawdown requests and negotiate loan pricing and other terms within relevant approvals. - Responds to customer inquiries and report complaints to supervisor/management/account officer - Sends transaction confirmation/market information to customers. - Prepares daily...
-
Toronto, Canada CMLS Financial Full time**Team Lead, Loan Administration, Residential Services**: **Calgary, AB or Toronto, ON** **Salary Range**:$65,000 - $75,000/yr CMLS Financial is looking for a Team Lead, Loan Administration to join our growing team. - _The Team Lead, Loan Administration, will work in partnership with the Manager, Administration and is responsible to provide daily oversight...
-
Toronto, Canada CMLS Financial Full time**Team Lead, Loan Administration, Residential Services**: **Calgary, AB or Toronto, ON** **Salary Range**:$65,000 - $75,000/yr CMLS Financial is looking for a Team Lead, Loan Administration to join our growing team. - _The Team Lead, Loan Administration, will work in partnership with the Manager, Administration and is responsible to provide daily oversight...
