Credit Officer
4 weeks ago
The Credit Officer contributes to the overall success of the Credit/Risk, Account Maintenance and Financial of Canadian Wealth Management ensuring specific individual goals, plans and initiatives are executed/delivered in support of the team’s business strategies and objectives. They ensure all activities are conducted in compliance with governing regulations, internal policies, and procedures.
Is this role right for you? In this role you will:
Generate, modify, and interpret various reports to identify accounts that pose credit and market risk to the firm, as well as violate industry and firm policies. Once identified, accounts are analyzed and corrective action such as contacting clients, contacting internal departments and front office staff, placing trades in accounts, taken to reduce or eliminate risk and ensure firm and industry compliance Answer inquiries, explain policies and procedures, approve orders above set limits, update relevant information, and provide guidance to Advisors & Assistants and various internal departments Implement and remove trading and banking restrictions in margin, cash, and registered accounts, based on a thorough analysis of the account and trading patterns and activity Monitor market activity for security price fluctuations and evaluate accounts holding the position, taking any corrective action as necessary Liquidate and purchase securities as required Approve and update debit limits for margin accounts less than $500K and cash withdrawals from cash and margin accounts Identify and update securities with incorrect loan values in multiple systems and applications Complete sundry duties as assigned including compiling and preparing statistics and internal reports, as well as monthly and year end capital requirement reports (regulatory reporting) Investigate non-routine problems and discrepancies to determine risk and exposure, and make decisions to minimize financial impact, protect the firm’s reputation, and prevent litigationDo you have the skills that will enable you to succeed in this role? – We’d love to work with you if you have:
A minimum of 3 to 5 years’ relevant investment industry experience, preferably with an CIRO member firm, in a relevant functional area trading, operations, sales, audit College Diploma or University Degree Successful completion of the following Canadian Securities Institute (CSI) securities industry courses: Canadian Securities Course (CSC), Conduct and Practices Handbook Course (CPH), Derivative Fundamentals Course, Options Licensing Course is preferred Licensed as an Investment Representative with Options is an asset Expert level market knowledge to decide how to proceed with account issues Expert level knowledge of policies and procedures for decision making and education of support areas Working to expert PC knowledge of the following: Versapath (BTS061,191), Thomson One, Bloomberg, OnDemand, MS Office (Outlook, Excel, Access, Word) Effective people skills to diffuse difficult situations and solve problems in a calm and rational manner Tact, diplomacy, and creativity to deal with internal and external clients, to positively influence the client to settle their debts Excellent time management and teamwork skills to accurately accomplish specific tasks within strict deadlines Effective verbal and written communication skills Strong analytical skills, sound business judgment, and creativity-
Credit Officer
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Toronto, Canada Central 1 Credit Union Full timeCentral 1 cooperatively empowers credit unions and other financial institutions to deliver banking choice to Canadians. Central 1 provides critical services at scale to enable a thriving credit union system. We do this by collaborating with our clients, developing strategies, products and services to support the financial well-being of their more than 5...
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Credit Officer
5 days ago
Toronto, Ontario, Canada Central 1 Credit Union Full timeCentral 1 cooperatively empowers credit unions and other financial institutions to deliver banking choice to Canadians. Central 1 provides critical services at scale to enable a thriving credit union system. We do this by collaborating with our clients, developing strategies, products and services to support the financial well-being of their more than 5...
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Credit & Collections Officer
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Toronto, Canada Vault Credit Corporation Full time**Credit & Collections Officer** Vault Home Credit Corporation DBA VaultPay is designed to ease the consumer financing transaction between our Partners and Homeowners. We offer customers total payment control with simple and easy financing options for Homeowners and their Home Improvement loans. We are looking for a motivated, Credit & Collections Officer...
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Credit & Collections Officer
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Toronto, Canada Vault Credit Corporation Full time**Credit & Collections Officer** Vault Home Credit Corporation DBA VaultPay is designed to ease the consumer financing transaction between our Partners and Homeowners. We offer customers total payment control with simple and easy financing options for Homeowners and their Home Improvement loans. We are looking for a motivated, Collections Associate to join...
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Commercial Credit Specialist
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Old Toronto, Canada Meridian Credit Union Full timeCommercial Credit Specialist Location Remote in St. Catharines, ON : About this opportunity At Meridian our aspiration is to integrate our purpose into everything we do for people, the planet, and communities. We believe that our greatest opportunity is to create opportunity and meet people where they are. As a Commercial Credit Specialist you will be...
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Commercial Credit Specialist
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Commercial Credit Specialist
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Commercial Credit Specialist
4 weeks ago
Old Toronto, Canada Meridian Credit Union Full timeCommercial Credit Specialist Location Remote in St. Catharines, ON : About this opportunity At Meridian our aspiration is to integrate our purpose into everything we do for people, the planet, and communities. We believe that our greatest opportunity is to create opportunity and meet people where they are. As a Commercial Credit Specialist you will be...
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Credit Officer
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Toronto, Canada Richardson Wealth Full time**Employment Status**: Permanent Full-Time **Location**: Toronto, ON **Department**: Risk & Compliance **Reporting To**: Manager, Credit **Job Id**: CPL - 080 **Job Level**: L4 **Seniority Level**: Associate **Position Overview**: The Credit Officer works with a small tight knit team of other Credit professionals to monitor, review, and approve daily...
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Credit Officer
5 days ago
Toronto, Ontario, Canada Richardson Wealth Full timeEmployment Status:Permanent Full-TimeLocation:Toronto, ONDepartment:Risk & ComplianceReporting To:Manager, CreditJob Id:CPL - 080Job Level:L4Seniority Level:AssociatePosition Overview:The Credit Officer works with a small tight knit team of other Credit professionals to monitor, review, and approve daily retail credit requests and transactions submitted by...
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Manager, Credit
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Toronto, Ontario, Canada Tandia Financial Credit Union Limited Full timeRequisition Number : MANGE001017 Apply now Posted : April 2, 2024 Full-Time Locations Showing 1 location Burlington, ON L7N3G2, CAN Description We invest in people. Be part of a banking experience as unique as you are. Tandia Financial Credit Union (Tandia) is seeking an experienced individual for our Risk Management and Compliance team. The...
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Manager Community Credit
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Toronto, Canada Vancouver City Savings Credit Union Full timeAs **VCIB Credit Manager** your role will be to provide expert guidance, advice and adjudication to Lenders enabling the execution of complex Commercial Real Estate, Impact and Renewable Energy loans. Within this role you will identify, design and implement innovative lending solutions, risk standards and adjudication criteria that enable emerging markets...
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Credit Officer
3 weeks ago
Old Toronto, Canada Scotiabank Full timeRequisition ID: 200164Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The Credit Officer contributes to the overall success of the Credit/Risk, Account Maintenance and Financial of Canadian Wealth Management ensuring specific individual goals,
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Credit Officer
3 weeks ago
Old Toronto, Canada Scotiabank Full timeRequisition ID: 200164Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The Credit Officer contributes to the overall success of the Credit/Risk, Account Maintenance and Financial of Canadian Wealth Management ensuring specific individual goals,
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Credit Officer
3 weeks ago
Old Toronto, Canada Scotiabank Full timePress Tab to Move to Skip to Content Link Select how often (in days) to receive an alert: Requisition ID: 200164Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The Credit Officer contributes to the overall success of the Credit/
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Credit Officer
3 weeks ago
Old Toronto, Canada Scotiabank Full timePress Tab to Move to Skip to Content Link Select how often (in days) to receive an alert: Requisition ID: 200164Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The Credit Officer contributes to the overall success of the Credit/
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Credit Officer
5 days ago
Old Toronto, Ontario, Canada Scotiabank Full timePress Tab to Move to Skip to Content Link Select how often (in days) to receive an alert: Requisition ID: 200164Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The Credit Officer contributes to the overall success of the Credit/
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Credit Officer
5 days ago
Toronto, Ontario, Canada Scotiabank Full timeThe Credit Officer plays a key role in the success of Canadian Wealth Management by overseeing Credit/Risk, Account Maintenance and Financial aspects. They ensure that all activities align with regulations, internal policies, and procedures.Is this position a good fit for you?Generate, modify, and interpret reports to identify accounts posing credit and...
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Credit Officer
4 weeks ago
Toronto, Canada Scotiabank Full timeRequisition ID: 200164 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The Credit Officer contributes to the overall success of the Credit/Risk, Account Maintenance and Financial of Canadian Wealth Management ensuring specific individual goals, plans and initiatives are executed/delivered in...
