Operations Analyst - 3
IFG
Pay Rate: $37 Location: Toronto ON Job Type: Contract Our client, a top banking client in Canada is looking to hire Operations Analyst - 3 for their team with a contract for 6 Months with potential extension or conversion to Permanent. Hybrid - 2 to 3 days in office in Downtown Toronto
Typical Day in Role Perform day-to-day delivery of critical lending operations processes including loan administration and servicing for syndicate deals with bank as a participant bank Support all aspects of servicing a deal including, but not limited to, rollovers, drawdowns, repayments, static data updates Be accountable to assigned portfolio and maintain portfolio health by reviewing control reports and clearing reconciliation discrepancies. Support additional reconciliation and investigation activities. Ensures that terms and conditions of authorizations and/or loan documentation are being adhered to including pricing, term and amount. 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. Recognize and ensure all exceptions to policies and procedures are brought to the attention of management for resolution when required. Build effective relationships with key business partners by collaborating with process managers and subject matter experts to achieve desired objectives.
Candidate Requirements/Must Have Skills: 5-7 years experiences as an Operations Analyst or similar position 2+ years of experience working in corporate lending operations, particularly with servicing syndication facilities Demonstrated experience reading and understanding loan documentation
Nice-To-Have Skills: Cash-reconciliation experience preferred Experience with LoanIQ or equivalent lending, proprietary systems preferred Intermediate excel skills (manipulate large volumes of data, basic formulas) preferred
Soft Skills Required: Strong quantitative and problem-solving skills Analytical and detail-oriented Motivated problem solver Strong communications skills
Degrees or certifications: Bachelor's degree in Finance or related field.
If you are interested in hearing more about this role, please send your updated resume in MS Word format to Laxmi@ifgpr.com and mention the "Operations Analyst - 3" in the subject line.
Other roles can be viewed at www.ifg-global.com
Typical Day in Role Perform day-to-day delivery of critical lending operations processes including loan administration and servicing for syndicate deals with bank as a participant bank Support all aspects of servicing a deal including, but not limited to, rollovers, drawdowns, repayments, static data updates Be accountable to assigned portfolio and maintain portfolio health by reviewing control reports and clearing reconciliation discrepancies. Support additional reconciliation and investigation activities. Ensures that terms and conditions of authorizations and/or loan documentation are being adhered to including pricing, term and amount. 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. Recognize and ensure all exceptions to policies and procedures are brought to the attention of management for resolution when required. Build effective relationships with key business partners by collaborating with process managers and subject matter experts to achieve desired objectives.
Candidate Requirements/Must Have Skills: 5-7 years experiences as an Operations Analyst or similar position 2+ years of experience working in corporate lending operations, particularly with servicing syndication facilities Demonstrated experience reading and understanding loan documentation
Nice-To-Have Skills: Cash-reconciliation experience preferred Experience with LoanIQ or equivalent lending, proprietary systems preferred Intermediate excel skills (manipulate large volumes of data, basic formulas) preferred
Soft Skills Required: Strong quantitative and problem-solving skills Analytical and detail-oriented Motivated problem solver Strong communications skills
Degrees or certifications: Bachelor's degree in Finance or related field.
If you are interested in hearing more about this role, please send your updated resume in MS Word format to Laxmi@ifgpr.com and mention the "Operations Analyst - 3" in the subject line.
Other roles can be viewed at www.ifg-global.com
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