Business Analyst LoanIQ, Corporate Lending

Company : Finance Professionals Inc.

Job Type : Full Time

Old Toronto, On

Number of Applicants

:

000+

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Job Description - Business Analyst LoanIQ, Corporate Lending

JOB DESCRIPTION

Location: Hybrid (Downtown, Toronto)

Duration:6 months

Our client, a leading financial institution in Downtown Toronto is looking for aBusiness Analyst - LoanIQ, Corporate Lending to beresponsible for the accuracy and integrity of data, accounting reconciliation and record keeping aspects of the deals, facilities, and loans assigned to them ensuring specific individual goals, plans, and initiatives are executed / delivered in support of the team’s business strategies and objectives. The successful candidate will have the opportunity to work with one of the Top 5 Banks in Canada.

Typical Day in role:

Providecustomer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge

As directed, managea team deal analyst and assist in the overall deal closing process when the Bank is an agent, direct lender or participant lender

Administerinstructions by Agents on participations and customers on direct and agented deals including verification of limit availability, accuracy of calculations and disbursement/application of funds

Ensurethat terms and conditions of authorizations and/or loan documentation are being adhered to including pricing, term, limits etc.

Communicateeffectively with various contacts including other Banks to resolve issues on a timely basis

Recognizeand bringexceptions to policies and procedures to the attention of Manager/Senior Manager/Director for further guidance and resolution

Developa 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

Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions

Createan environment in which theteam pursues effective and efficient operations of therespective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct

Must-Have Skills:

5 to 7 years ofexperience as a BA

Experienced with Corporate Lending Services

Recent experience with LoanIQ

Solid working knowledge with MS Suite – Excel, Word, Power Point etc.

Nice-To-Have Skills:

Prior banking experience

Soft Skills Required:

Excellent organizational and communication skills (written and verbal)

Attention to detail and problem solving

Education:

Bachelor's degree or related work experience

Finance professional is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. We advocate for you and welcome anyone regardless of race, color, religion, national origin, sex, physical or mental disability, or age.

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