Operations Analyst - 3
$37 per hourTemporary
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.
- 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
- Cash-reconciliation experience preferred
- Experience with LoanIQ or equivalent lending, proprietary systems preferred
- Intermediate excel skills (manipulate large volumes of data, basic formulas) preferred
- Strong quantitative and problem-solving skills
- Analytical and detail-oriented
- Motivated problem solver
- Strong communications skills
- Bachelor's degree in Finance or related field.
Vacancy posted 3 days ago
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