Analyst, Loan Specialist

Sumitomo Mitsui Financial Group Inc.; Toronto; Hybrid; CAD 60,000 - 80,000; Full time

Job summary

A leading financial institution is seeking an Analyst, Loan Specialist to support loan administration. The role involves verifying loan applications, preparing letters of credit, and ensuring compliance with loan terms. Candidates should have an undergraduate degree or relevant experience, along with strong interpersonal and organizational skills. This position operates in a hybrid work environment, offering a dynamic and supportive atmosphere for professional growth.

Qualifications

• 3-5 years of related banking experience.
• Ability to interpret credit documents.

Responsibilities

• Verifying loan applications and reviewing credit documentation.
• Preparing letters of credit and ensuring compliance with loan terms.

Skills

Interpersonal

Organizational

Communication

MS Excel

Education

Undergraduate degree

Tools

Loan IQ

Job description

Join to apply for the Analyst, Loan Specialist role at SMBC Group.

This position provides assistance and support to the Vice President, Loan Administration and/or Associate, Loan Administration, to monitor and maintain credit information in the Loan IQ application and GBR system.

Key responsibilities include verifying loan applications, reviewing credit documentation, preparing and assisting with letters of credit, ensuring compliance with loan terms, inputting data into Loan IQ, reconciling interest and fee notices, and maintaining departmental records, all while adhering to bank policies and regulatory requirements.

Qualifications include an undergraduate degree or relevant experience, ability to interpret credit documents, knowledge of letters of credit and performance guarantees, and 3-5 years of related banking experience. Skills required are strong interpersonal, organizational, communication, and computer skills, especially in MS Excel and Loan IQ.

The role operates in an open/hybrid work environment and involves attention to detail. SMBC Group is a global financial institution with a diverse range of services and a strong international presence.