Loan Officer, Corporate Banking Department

Industrial and Commercial Bank of China (Canada); Toronto; On-site; CAD 60,000 - 80,000; Full time

Job summary

A leading banking institution seeks to fill a full-time position in the Corporate Banking Department. Candidates should possess a strong background in banking operations, analytical skills, and qualifications in finance or related fields. The role involves managing loan transactions, compliance with regulations, and supporting business development efforts within the department.

Qualifications

• Minimum of 1 year of related banking experience in Corporate Banking.
• Strong knowledge of lending policies and regulations.
• CFA, CA, CPA, MBA or CDCS certifications are considered assets.

Responsibilities

• Perform daily operations of loan transactions including drawdowns and repayments.
• Compile business reports and conduct market research.
• Ensure compliance with regulatory control standards.

Skills

Analytical Skills

Problem Solving

Time Management

Communication Skills

Education

Undergraduate degree in Finance, Commerce, Economics or related fields

Job description

Department / Branch : Corporate Banking Department

Reports To : Regional Head, Eastern Canada

Employment Type : Full-Time Permanent / Contract

Location : Downtown Head Office

General Accountabilities :

• Provide comprehensive support to the Regional Head, Eastern Canada, and the Corporate Banking Department (CBD) Toronto Team in all corporate banking business matters and departmental activities.
• Compile, consolidate, and prepare various business-related reports, lists, feedback, research, and other materials as required by Senior Management, mid-office departments, and the Parent Bank.

Specific Accountabilities :

1. Daily Operations

1.1 Perform the daily operations of loan transactions, including drawdowns, repayment, repricing, conversion, as well as deposit and account-related activities, ensuring secure and accurate utilization of funds.

1.2 Prepare and consolidate business reports, lists, feedback, market research, and ad hoc reports for internal and external stakeholders, including Senior Management and the Parent Bank.

1.3 Conduct market research and gather intelligence to develop a pipeline of potential corporate banking clients. Identify opportunities for business development, product innovation, and marketing initiatives.

1.4 Maintain and manage both physical and electronic filing systems for the CBD Toronto office. Support Senior Business Managers and Business Managers in uploading e-files into the Bank’s Imaging System and ensuring proper safekeeping of documentation.

2. Internal Control

2.1 Comply with regulatory control standards and proactively identify and manage risks related to client relationships, including credit, operational, fraud, and anti-money laundering (AML) risks.

2.2 Conduct Client Relationship Risk Assessments (CRA) and perform periodic reviews to ensure compliance with AML and Anti-Terrorist Financing (ATF) regulations and internal controls.

2.3 Maintain up-to-date knowledge of and adherence to the Bank’s policies and procedures across various functional areas.

2.4 Act as the first point of contact for resolving customer complaints in accordance with the Bank’s Customer Complaint Resolution Process.

2.5 Ensure timely and accurate updates of client and business records across all relevant systems and shared drives, as well as the proper filing of hard copies in compliance with internal procedures.

3. Administration

3.1 Perform additional tasks and responsibilities as assigned by Regional Head, Eastern Canada.

Qualifications :

Undergraduate or above in Finance, commerce, economics or related fields;

Minimum of 1 year of related banking experience in Corporate Banking, Commercial Banking, Credit Adjudication, and / or Credit Underwriting;

Strong knowledge of commercial and retail lending policies and procedures;

Strong analytical and problem solving skills;

Effective marketing and time management abilities;

Strong verbal and written communications skills in English. Proficiency in Chinese is considered an asset;

CFA, CA, CPA, MBA or CDCS certifications are considered assets.