Financial Analyst
3 weeks ago
About the Role:
">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.
">Main Responsibilities:
">- ">
- 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.">
Requirements:
">- ">
- 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.">
What We Offer:
">- ">
- 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.">
Experience:
">- ">
- Credit application preparation: 5 years (required).">
- Corporate Banking: 5 years (required).">
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