Toronto, ON, M5R 1A6, CAN
10 days ago
Credit Associate
Job Posting: Credit Associate (Full-Time) Description: Are you passionate about credit analysis and financial assessment? Join our dynamic banking team as a Credit Associate! In this role, you will be responsible for preparing reports, conducting credit reviews, and managing application schedules. Your expertise will ensure thorough and accurate analysis of our customers' creditworthiness, compliance with covenants, and review of all associated documentation and collateral. Key Responsibilities: + Prepare timely and accurate credit applications for annual reviews, renewals, and ad-hoc monitoring, including financial models and stress testing. + Analyze borrowers' financial statements, industry trends, and economic conditions to compile high-quality credit applications. + Conduct thorough investigations and exercise sound judgment in assessing risks associated with the bank's investments. + Adhere to the bank's credit granting policies, procedures, and banking regulations. + Prepare accurate daily, weekly, and monthly reports on borrowers for circulation to Department Heads, Account Officers, and Management. + Monitor and inform Account Officers of credit-related trigger events and financial releases of customers. + Investigate and discuss borrower requirements and transactions with deal administrators and account managers. + Respond to pre-approved requests from the Credit Department by assessing changes in loan conditions to protect the bank's position. + Coordinate with account managers or customers on financial reports and specific requirements. + Provide special reports on borrowers and industry research upon request. + Assist the Department Head with special projects as needed. + Ensure full compliance with all bank policies and procedures, including Anti-Money Laundering policies and regulatory requirements. Skills: + Credit risk analysis + Credit application preparation + Corporate financial statement analysis + Credit grading and review #PriorityCanada Pay and Benefits The pay range for this position is $80000.00 - $90000.00/yr. Workplace Type This is a hybrid position in Toronto,ON. À propos de TEKsystems: Nous sommes partenaires dans la transformation. Nous aidons les clients à activer des idées et des solutions afin de profiter d’un nouveau monde d’opportunités. Nous sommes une équipe solide de 80 000 personnes, nous travaillons avec plus de 6 000 clients, dont 80 % faisant partie du Fortune 500, partout en Amérique du Nord, en Europe et en Asie. En tant que chefs de file de l’industrie des services technologiques complets, des services aux talents et des applications du monde réel, nous travaillons avec des leaders progressistes pour favoriser le changement. C’est le pouvoir d’un vrai partenariat. TEKsystems est une société du groupe Allegis. About TEKsystems: We're partners in transformation. We help clients activate ideas and solutions to take advantage of a new world of opportunity. We are a team of 80,000 strong, working with over 6,000 clients, including 80% of the Fortune 500, across North America, Europe and Asia. As an industry leader in Full-Stack Technology Services, Talent Services, and real-world application, we work with progressive leaders to drive change. That's the power of true partnership. TEKsystems is an Allegis Group company. The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.
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