Credit Solutions Associate, Canadian Commercial Banking

Requisition ID: 229271

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Credit Solutions Associate, Canadian Commercial Banking (12 month Contract) - Ottawa or Barrie, Ontario
The Credit Solutions Associate (CSA) provides the Client Relationship Managers with end-to-end credit underwriting support for all growth clients in their assigned portfolio. This will include working with internal partners and directly reaching out to clients to address various activities such as collection/processing of financial reporting, satisfaction of funding requirements, onboarding needs and resolution of escalated client challenges. The role is specific to the Growth Segment and the less complex Core clients in Commercial Banking Distribution.

Is this role right for you? In this role, you will:
Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.

Credit Analysis And Evaluations
Working closely with Client Relationship Managers, the Credit Solutions Associate (CSA) is responsible for providing the following services to a portfolio of existing and prospective clients:

• Conduct thorough credit analysis and evaluation of loan applications including required due diligence from commercial clients.
• Assess the financial health, creditworthiness, and risk profile of potential borrowers.
• Prepare detailed credit reports and recommendations for credit approval or denial.
• Analyze financial statements, credit reports, and other relevant documentation to identify potential risks and opportunities.

Fulfilment & Funding

• Coordinating efforts with the client and various internal partners

Portfolio Monitoring

• Monitor and manage the credit risk portfolio, ensuring compliance with the bank's risk management policies and procedures.
• Identify and mitigate potential credit risks through proactive monitoring and analysis.
• Contact clients for financial reporting and spread Financial Statements, Projections and Borrowing bases, review results, escalate any signs of deterioration and update appropriate systems.

Compliance

• Ensure all documentation is organized, accessible, and compliant with the bank's record keeping policies.
• Ensure all credit analysis and evaluation processes comply with relevant regulatory requirements, internal process, policy and guidelines.
• Stay up to date with changes in regulatory frameworks, internal process, policy, guidelines and industry best practices.

Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.

Do you have the skills that will enable you to succeed in this role?

• Ideally you have a College/University degree or equivalent work experience in a related field.
• Strong/proven knowledge of Financial Statements and credit analysis.
• Knowledge of credit structures and applicable risk management
• Strong commitment to excellent client service and ability to work with clients to resolve issues in an amicable and prompt manner.
• Detail-oriented and highly organized, with the ability to manage multiple tasks and priorities effectively.
• Thorough knowledge of the applicable software and technology platforms for Commercial (e.g., Sales Force, Intralink, Teams).
• Working knowledge of the features and benefits of Commercial products and services.
• A high degree of flexibility to adapt to a wide variety of tasks.

What's in it for you?

• The opportunity to join a forward-thinking organization surrounded by a collaborative team of innovative thinkers.
• A rewarding career path with diverse opportunities for professional development.
• A competitive compensation and benefits package
• Internal training to support your career growth and enhance your skills.
• An organization committed to making a difference in our communities – for you and our customers.

Working Conditions

• Work in a standard office-based environment; non-standard hours are a common occurrence.
• The environment is fast-paced and will at times require priorities be re-adjusted to accommodate urgent requests.

Location(s): Canada : Ontario : Ottawa