Assistant Manager, Corporate Credit - Corporate Loan Process (LoanIQ) - #117377

Procom


Date: 1 week ago
City: Toronto, ON
Contract type: Full time
On behalf of our client in the Banking Sector, PROCOM is looking for an Assistant Manager, Corporate Credit - Corporate Loan Process (LoanIQ).
Assistant Manager, Corporate Credit - Corporate Loan Process (LoanIQ) - Job Description

  • The Lending Services team supports the banks US trading interactions
  • The Lending Services team works closely with front office traders to process loans/credits and works alongside internal bank teams to complete the transaction processing
  • The Project: The successful candidate will be responsible for providing, and if directed leading a team of deal analyst in delivering, quality administrative services to Corporate Clients
  • Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge
  • As directed, managing a team deal analyst and assist in the overall deal closing process when the Bank is an agent, direct lender or participant lender
  • 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
  • Ensuring that terms and conditions of authorizations and/or loan documentation are being adhered to including pricing, term, limits etc.
  • Communicating effectively with various contacts including other Banks to resolve issues on a timely basis
  • Recognizing and bringing exceptions to policies and procedures to the attention of Manager/Senior Manager/Director for further guidance and resolution
  • Developing a 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


Assistant Manager, Corporate Credit - Corporate Loan Process (LoanIQ) - Mandatory Skills

  • 8+ years’ experience working in Corporate Lending Services
  • Prior Team Lead/Management experience
  • Expertise with LoanIQ (particularly with the Set-Up function for new deals)
  • Familiar with the Loan Syndication process and the various deal types (Agency, Bilateral, Participant)
  • Prior experience working with Credit Agreements & Terms and Conditions
  • Excellent organizational and communication skills (written and verbal)
  • Attention to detail and problem solving
  • University degree in relevant field


Assistant Manager, Corporate Credit - Corporate Loan Process (LoanIQ)- Preferred Skills

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


Assistant Manager, Corporate Credit - Corporate Loan Process (LoanIQ) - Assignment Start Date ASAP – 6 months to start
Assistant Manager, Corporate Credit - Corporate Loan Process (LoanIQ) - Assignment Location Toronto, ON – Work Hybrid

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