3 Days Left: Operations Analyst

3 weeks ago


Toronto, Ontario, Canada IFG International Financial Group Ltd Full time
Pay Rate: $37 Location: Toronto ON Job Type: Contract Our client, a top banking client in Canada is looking to hire Operations Analyst - 3 for their team with a contract for 6 Months with potential extension or conversion to Permanent. Hybrid - 2 to 3 days in office in Downtown Toronto.

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.

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