Credit Application Analyst

ICONMA; Montreal; Hybrid; CAD 50,000 - 70,000; Full time

Job summary

A leading banking institution is seeking a Credit Application Analyst located in Montréal, QC. This role involves providing guidance on credit products, supporting operational functions, and ensuring compliance with regulations. Ideal candidates should have experience in credit products, be bilingual in French and English, and possess strong problem-solving skills. The company offers health benefits and opportunities for professional growth.

Benefits

Health Benefits

Referral Program

Opportunities for growth and advancement

Qualifications

• Proficiency in processes and procedures, with substantial on-the-job experience.
• Strong knowledge of operational functions and regulatory requirements.
• At least 1 year of relevant experience.

Responsibilities

• Provide guidance on credit products and processes.
• Support partner relationships and handle credit processing activities.
• Ensure accurate data input and assist in loan documentation.
• Review credit files and respond to information requests.
• Meet processing and enquiry deadlines.

Skills

Communication skills

Problem-solving

Bilingual (French and English)

Knowledge of credit products

Operational functions

Education

High school diploma

Undergraduate degree

Post-secondary education

Job description

Our client, a banking company, is seeking a Credit Application Analyst for their Montréal, QC/Hybrid location.

Responsibilities:

1. Provide guidance and support to business partners or customers on a broad range of credit products offered in a business line or product suite within authorization limits.
2. Support partner relationships and handle operational and credit processing activities to meet business objectives and SLAs.
3. Ensure complete and accurate data input into the origination system and assist in preparing loan documentation.
4. Reconcile, verify, and process all required credit support materials for credit transactions to assist customers in obtaining credit.
5. Review credit files and records to respond to business partner or customer requests for information.
6. Meet processing and enquiry deadlines to fulfill all requirements and achieve SLAs.
7. Handle business partner or customer problems promptly and escalate as necessary.
8. Interpret credit policies, legal, and regulatory guidelines to ensure compliance of loan documents.
9. Provide guidance and support to team members on complex account administration tasks.
10. Prioritize and manage workload to meet SLA requirements for service and productivity.
11. Understand and apply credit operating policies and procedures.
12. Support credit documentation review, accuracy checks, and approval conditions prior to funding.
13. Ensure transactions are completed in accordance with regulations and internal standards.
14. Investigate and report/risk issues or process gaps, escalating as needed.
15. Identify opportunities to improve productivity and operational efficiency.
16. Maintain due diligence for transaction accuracy and compliance.
17. Adhere to the Bank's Code of Conduct.
18. Participate actively in team activities, promoting a positive environment and effective communication.
19. Enhance knowledge and participate in cross-training within the team.
20. Contribute to a diverse and inclusive work environment.
21. Act as a brand ambassador for the business and the bank.
22. Work independently within established procedures, handling multiple steps, systems, and jurisdictions.
23. Develop expertise in credit products, processes, and systems, managing moderate-risk transactions.
24. Gather and analyze data to identify and resolve problems, escalating when necessary.
25. Interact with internal and external customers and partners, providing guidance as needed.
26. Report to a Team Manager and handle daily to monthly activities.

Requirements:

1. Proficiency in a range of processes and procedures, with substantial on-the-job experience.
2. Strong knowledge of the business unit, operational functions, and regulatory requirements.
3. Previous professional or corporate experience.
4. Excellent communication skills.
5. Strong problem-solving abilities.
6. Bilingual in French and English.
7. Mortgage experience.
8. Post-secondary education.
9. High school diploma or undergraduate degree.
10. At least 1 year of relevant experience.

Why Should You Apply?

• Health Benefits
• Referral Program
• Opportunities for growth and advancement

As an equal opportunity employer, ICONMA supports a diverse workforce and encourages applications from all qualified individuals.