Credit Adjudicator

Fairstone Financial; Toronto; Hybrid; CAD 45,000 - 53,000; Full time

Benefits offered by this job

Hybrid work

RRSP match up to 7%

Health & dental coverage

Virtual healthcare

Wellness days

Generous vacation

Parental leave top-up

Job summary

Fairstone Bank is hiring a Credit Adjudicator to review vehicle loan applications, assess credit risk, and ensure accurate, timely decisions in a team-oriented environment. The role supports cross-functional collaboration with Sales, Funding and Dealers.

The ideal candidate has at least 1 year in credit underwriting or loan analysis, proficiency with MS Office, and the ability to work various shifts. Hybrid work model offered.

Qualifications

• Follow detailed credit policy guidelines and review credit applications and credit bureau details.
• Thrive in a fast-paced environment with strong attention to detail.
• Be tech-savvy and proficient with Microsoft Office and Outlook.
• Must be available to work all shifts listed in the description.
• At least 1 year of credit analyst or loan underwriting experience in a financial institution or auto industry.
• Experience with loan origination software is preferred.
• Post-secondary education in Finance or Business Administration.
• Hours: 8 AM–10 PM EST Mon–Fri; 9 AM–8 PM EST Sat.

Responsibilities

• Review and adjudicate vehicle loan applications based on creditworthiness and collateral valuation.
• Ensure timely and accurate assessments in a fast-paced setting.
• Adhere to credit policy rules to maintain risk parameters.
• Collaborate with Sales, Income, Funding and Dealer partners.
• Perform thorough document review and ensure completeness and proper execution.
• Provide prompt, customer-oriented service to all stakeholders.

Skills

Attention to detail

Tech-savvy

MS Office

Outlook

Education

Finance or Business Administration degree

Tools

Loan origination software

Job description

Who we are:

Fairstone Bank and its family of brands are united in delivering innovative, accessible and reliable financial solutions that enable Canadians to reach their goals. Over the years, our brand family has grown. In 2024, Home Trust Company, Home Bank and Oaken Financial became part of the Fairstone Bank family of brands, alongside Fairstone, EdenPark and Fig. Together, we are the leading alternative lending bank in Canada. With a diverse suite of products-residential and commercial mortgages, consumer deposits and GICs, credit cards, retail and automobile financing, personal loans and digital lending-we offer financial solutions tailored to all Canadians, including newcomers, small-business owners, smart investors and savvy consumers. Eden Park Inc. ("EdenPark") is a dynamic automobile finance brand committed to enabling our dealer partners to sell more cars. Since 2012, EdenPark has serviced a wide network of automobile dealers and tens of thousands of consumers from coast to coast. Join Eden Park as a Credit Adjudicator, reporting to a Manager, and be part of our talented and growing team!

About the role:

• Review and adjudicate vehicle loan applications by assessing an applicant's creditworthiness based on credit history, income and employment, and collateral valuation.
• Ensure loan applications are assessed accurately and timely in a fast-paced environment.
• Closely follow credit policy rules to ensure risk parameters are consistently followed.
• Willingness to thrive in a customer service focused and teamwork setting working with other departments in Sales, Income, Funding and with our Dealers partners.
• Execute detailed document review ensuring all assigned documents are accurate, complete, properly executed, and registered as required.
• Provide prompt, efficient, detailed customer-oriented service to all stakeholders.

What we're looking for:

• You can follow detailed credit policy guidelines and carefully review credit application and credit bureau report details.
• You thrive in a fast-paced environment and have strong attention to detail.
• You are tech-savvy and know your way through Microsoft Office Suite and Outlook
• You must be available to work all shifts mentioned in the job description.
• You have at least 1 year of prior experience as a credit analyst or experience in loan underwriting, experience in a financial institution or within the auto industry
• Previous experience working with loan origination software.
• Post-secondary education in Finance or Business Administration
• Hours of operation are between 8 AM to 10 PM EST from Monday to Friday and on Saturday from 9 AM to 8 PM EST.

What you'll love about working here:

• Award-Winning Culture: We're proud to be recognized as a Great Place to Work Canada 2025 and one of Montreal's Top Employers 2025 by Canada's Top 100 Employers.
• Work-Life Balance: Enjoy flexibility with our hybrid work model designed to support your lifestyle.
• Time to Recharge: Generous vacation based on your role, statutory holidays, plus 6 wellness days to prioritize your well-being.
• Compensation Package: Competitive base salary plus an annual incentive bonus tied to performance.
• Comprehensive Benefits: Robust health and dental coverage through Manulife, as well as virtual healthcare through Dialogue.
• Future-Ready Savings: Group Retirement Savings Plan with up to 7% employer match.
• Exclusive Perks: Discounts from top retailers via WorkPerks, plus location-based perks like gym memberships and Toronto Bike Share.
• On-Site Fitness: Gym access at our London and Montreal offices.
• Continuous Growth: Education Assistance Program and Fairstone Academy for training and skill development.
• Family Support: Parental leave top-up program to help you during life's big moments.

What you can expect - pay & process:

Expected base salary ranges from $44,850 to $53,000 per annum. This posting is for an existing temporary vacancy within our organization. Artificial intelligence may be used in parts of the recruitment process. All candidates considered for hire must successfully pass a criminal background check, credit check, and validation of their work experience to qualify for hire.

If you have a preferred language for communication, please kindly inform us whether you prefer French or English on your application.

Fairstone is an equal opportunity employer. Accordingly, we will make reasonable accommodations to respond to the needs of people with disabilities. Individuals who view themselves as Aboriginals, members of visible minorities, and disabled are encouraged to apply in confidence.

Learn more: https://www.fairstone.ca/en/about/canadian-lender

Follow us on LinkedIn: https://www.linkedin.com/company/fairstone/mycompany/

Time Type:

Full time Job Type