Assistant Manager, Corporate Credit

2 weeks ago


Toronto, Canada Procom Full time
Assistant Manager, Corporate Credit - Corporate Loan Process (LoanIQ) On behalf of our client in the Banking Sector, PROCOM is looking for an Assistant Manager, Corporate Credit - Corporate Loan Process (LoanIQ). Assistant Manager, Corporate Credit - Corporate Loan Process (LoanIQ) - Job Description
The Lending Services team supports the banks US trading interactions
The Lending Services team works closely with front office traders to process loans/credits and works alongside internal bank teams to complete the transaction processing
The Project: The successful candidate will be responsible for providing, and if directed leading a team of deal analyst in delivering, quality administrative services to Corporate Clients
Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge
As directed, managing a team deal analyst and assist in the overall deal closing process when the Bank is an agent, direct lender or participant lender
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
Ensuring that terms and conditions of authorizations and/or loan documentation are being adhered to including pricing, term, limits etc.
Communicating effectively with various contacts including other Banks to resolve issues on a timely basis
Recognizing and bringing exceptions to policies and procedures to the attention of Manager/Senior Manager/Director for further guidance and resolution
Developing a solid knowledge of loan platform, Loan IQ to ensure accuracy of posting accounting entries to source system and business line dissemination
Assist Manager, Senior Manager and Director in various team-related tasks, resolution of exception items as well as special project-related work
Oversee and monitor team productivity, staffing and work volume information and report to Manager/Senior Manager on a weekly basis
Provide guidance and coaching to immediate team staff
Assistant Manager, Corporate Credit - Corporate Loan Process (LoanIQ) - Mandatory Skills
8+ years' experience working in Corporate Lending Services
Prior Team Lead/Management experience
Expertise with LoanIQ (particularly with the Set-Up function for new deals)
Familiar with the Loan Syndication process and the various deal types (Agency, Bilateral, Participant)
Prior experience working with Credit Agreements & Terms and Conditions
Excellent organizational and communication skills (written and verbal)
Attention to detail and problem solving
University degree in relevant field
Assistant Manager, Corporate Credit - Corporate Loan Process (LoanIQ)- Preferred Skills
Solid working knowledge with MS Suite - Excel, Word, Power Point etc.
Assistant Manager, Corporate Credit - Corporate Loan Process (LoanIQ) - Assignment Start Date ASAP - 6 months to start Assistant Manager, Corporate Credit - Corporate Loan Process (LoanIQ) - Assignment Location Toronto, ON - Work Hybrid

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