Credit Risk Specialist

4 weeks ago


Old Toronto, Ontario, Canada Accoravillage Full time
About Us

We are a leading Canadian wealth management organization that offers a unique blend of personalized service and big results. With a strong presence across the country, we are home to some of Canada's top investment advisors.

We are committed to being the brand of choice for Canada's top advisors and their high-net-worth clients. Our ambitious growth strategy aims to triple our Assets under Administration (AUA) to $100 billion by 2027.

To achieve our goals, we are investing in technology, real estate, and most importantly, our people.

Job Overview

The Credit Officer plays a critical role in our small, tight-knit team of Credit professionals. This role involves monitoring, reviewing, and approving daily retail credit requests and transactions submitted by our Advisor Teams, ensuring compliance with Regulatory requirements and Firm policies while minimizing financial risk.

Key Responsibilities
  1. Review and approve cheque/EFT withdrawals and wire transfers, including on margin (within approved limits)
  2. Process third-party payments, security withdrawals, capital calls, and delivery or receive against payment (DAP/RAP) transactions
  3. Exercise stock options or warrants and process charitable donations
  4. Administer journal entries, write-offs, and interest adjustments
  5. Supervise daily delinquent cash account reporting and short reporting
Requirements

To succeed in this role, you will need:

  • A good understanding of the securities industry (relevant job experience or completion of the Canadian Securities Course will be considered)
  • High proficiency in Microsoft Office, including Outlook, Excel, and Word
  • Experience with Dataphile is desired
  • Strong verbal and written communication skills
  • Strong problem-solving and analytical ability
  • Excellent time management and prioritization skills
Why Work with Us

We are committed to creating a work environment where our people can thrive. We are happy to meet individual needs in keeping with the Canadian Charter of Rights and Freedoms and the Accessibility for Ontarians with Disabilities Act.



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