Loan Administrator

Crédit Agricole CIB; Montreal (administrative region); On-site; CAD 65,000 - 85,000; Full time

Job summary

Crédit Agricole CIB seeks a Loan Administrator to join the OPC-FTO Loan Operations teams in Montreal, with exposure to New York operations, coordinating with Business Support groups to manage day-to-day loan administration and ensure timely processing and quality of the loan portfolio.

You will handle draws, repayments, funding, Nostro reconciliations and data management for the Americas, maintain compliance with Canadian platform policies, and contribute to process improvements and UAT projects

Qualifications

• 3-5 years of experience in commercial banking operations
• Sound knowledge of general banking operations including accounting, Nostro movements and cash management
• Experience of Loans Administration and ability to understand terms of loans contracts

Responsibilities

• Administering Drawdowns, Rollovers, Repayments, Pre-payments, Funding, Rate-Fixings, Fees and Commission posting, External payments, collection of interest, Nostro Reconciliations, general administration related to the loans portfolio managed along with undertaking ADHOC queries and investigations, monitoring all associated data under responsibility of the unit
• The jobholder will have day-to-day responsibility for the administration of all facilities and associated products linked with these, for Crédit Agricole CIB. Ensuring that all Business-As-Usual processes are undertaken in a timely and efficient manner and necessary controls are adhered to
• Maintain appropriate knowledge to ensure to be fully qualified to undertake the role. Complete all mandatory training as required to attain and maintain competence.
• Ensure compliance with all necessary controls and procedures in respect of local regulations of branches serviced

Skills

Analytical skills

Organizational skills

Interpersonal skills

English fluency

French language beneficial

Education

Bachelor Degree / BSc Degree or equivalent

Bachelor’s or Master’s degree in Business/Management/IT or related discipline

Job description

Part of the OPC-FTO Loan Operations teams located in New York and Montreal, in coordination with Business Support groups, the Loan Administrator is responsible to perform day-to-day tasks to successfully execute operations related to CACIB loan activity, and to use available resources to ensure pro-efficiently the productivity and quality of the Loan Operations platform

The Loan Administrator is also responsible for:

• The management of the local referential for the Americas and of some processes related to the Data management unit for the Americas
• Loan production with a team of 3-5 members as part of a group of 15 total, and is responsible for the daily administration and servicing of loans where CACIB acts in a Participant, Agent or Direct Lender role.

Main responsibilities:

Day-to-day Tasks and Operations:

• Administering Drawdowns, Rollovers, Repayments, Pre-payments, Funding, Rate-Fixings, Fees and Commission posting, External payments, collection of interest, Nostro Reconciliations, general administration related to the loans portfolio managed along with undertaking ADHOC queries and investigations, monitoring all associated data under responsibility of the unit
• The jobholder will have day-to-day responsibility for the administration of all facilities and associated products linked with these, for Crédit Agricole CIB. Ensuring that all Business-As-Usual processes are undertaken in a timely and efficient manner and necessary controls are adhered to

Learning and Development

• Maintain appropriate knowledge to ensure to be fully qualified to undertake the role. Complete all mandatory training as required to attain and maintain competence.

Data Quality Management & Controls

• Ensure compliance with all necessary controls and procedures in respect of local regulations of branches serviced
• Responsibility to elevate any issues/problems or control gaps to their Team Leader

Process Improvement & Projects

• Undertake ADHOC duties and project work to assist the Management team
• When necessary assist the management team in the enhancement of systems, notably Users Acceptance Tests (UAT)

Legal and Regulatory Responsibilities:

Comply with all applicable legal, regulatory and internal Compliance requirements, including, but not limited to, the Canadian platform policies, the Compliance manual and Compliance policies and procedures as issued from time to time; Financial Security requirements, including, but not limited to, the prevention of Financial Crime and Fraud including reporting obligations to the Money Laundering Reporting Officer.

Bachelor Degree / BSc Degree or equivalent

• Bachelor’s or Master’s degree in fields related to Business, Management, Information technology, or a related discipline

Level of minimal experience

3-5 years

Experience

• 3 to 5 years of experience in commercial banking operations - ACBS Experience preferred
• Sound knowledge of general banking operations (to include Accounting, Funding Nostro movements and Cash management
• Experience of Loans Administration and the ability to understand terms and conditions of loans contracts

Required skills

• Good analytical, organizational and interpersonal skill
• Ability to build strong relationship and foster collaboration among team members
• Ability to communicate fluently and clearly orally and in writing
• Ability to deal with multiple stakeholders/ Adaptable & flexible
• Hard-working, comfortable with multi-tasking and able to work under pressure
• Problem solving and investigative skills to undertake analysis, resolve issues/problems related to loans operations
• Communication skills with the ability to communicate to Business Support Groups located abroad in multiple branches of CACIB when required
• Be able to operate in "project mode" i.e. contribute to projects run by IT (mainly UAT sessions)
• Communication: Communicating clearly and concisely, tailoring content and style, promoting free-flowing communication with others
• Collaborating for Success: Working successfully with others, valuing and utilizing the different skills and experience of colleagues from across the organization, building interdependence to achieve shared objectives and goals
• Verbal and written communication skills in English required (You will need to service Anglophone clients and work with Anglophone colleagues). French is a strong asset