Financial Analyst

3 weeks ago


Toronto, Ontario, Canada Pasona Canada Inc. Full time

About the Role:

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Pasona Canada Inc. is seeking a highly skilled Credit Administration Associate to join our team in Downtown Toronto (50% hybrid position). This 12-month contract role involves performing credit reviews and applications of clients, ensuring full compliance with all terms and conditions, and reviewing associated documentation and collateral.

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Main Responsibilities:

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  • Prepare credit applications for annual reviews, renewals of existing customers, and ad-hoc monitoring, including preparation of related financial models and stress testing of those models.">
  • Analyze borrowers'/potential borrowers' financial statements, industry trends, economic conditions, prepare long-term projects, assess risk, and compile credit applications with high-quality standards.">
  • Prepare accurate daily, weekly, and/or monthly reports on borrowers (facilities and exposure, etc.) to circulate to Department Heads, Officers, and Management.">
  • Monitor, control, and inform accounts officers credit-related trigger events and financial release of customers in a timely basis.">
  • Respond to relevant Credit Department's pre-approved requests by investigating and assessing validity with respect to change in condition in a bilateral loan, to protect Bank's position and preserve the credit quality.">
  • Prepare and provide special reports on borrowers and industry research upon request by the Department Head or account officers.">
  • Ensure full compliance with all the Bank's policies and procedures, including Anti-Money Laundering policies.">
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Requirements:

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  • University degree in Business, Economics, Commerce, or equivalent.">
  • MBA an asset.">
  • 5-8 years previous related corporate banking experience preparing credit applications and performing cash flow analysis.">
  • Proficiency in Loan IQ, Bloomberg, S&P Capital IQ, MS Power BI, Debt Domain.">
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What We Offer:

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  • Commensurate salary: $90,000 - $120,000 per year, based on experience.">
  • Overtime pay.">
  • Dental care benefits.">
  • Extended health care benefits.">
  • Vision care benefits.">
  • Hybrid remote work arrangement in Downtown Toronto, ON M5C 3A1.">
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Experience:

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  • Credit application preparation: 5 years (required).">
  • Corporate Banking: 5 years (required).">

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