Operations Analyst - 3

IFG International Financial Group Ltd; Toronto; On-site; CAD 80,000 - 100,000; Full time

Job summary

A top financial services firm in Toronto is seeking an experienced Operations Analyst for a 6-month contract with potential for permanent placement. The position involves managing critical lending operations processes and requires 5-7 years of experience, particularly in servicing syndication facilities. Strong analytical and communication skills are essential. This hybrid role allows 2-3 days in the office in Downtown Toronto.

Qualifications

• 5-7 years of experience as an Operations Analyst or similar.
• 2+ years in corporate lending operations, servicing syndication facilities.
• Demonstrated experience reading loan documentation.

Responsibilities

• Perform delivery of critical lending operations processes.
• Maintain portfolio health by reviewing control reports.
• Build relationships with business partners for goal achievement.

Skills

Operations Analyst experience

Corporate lending operations

Loan documentation understanding

Strong quantitative skills

Analytical skills

Problem-solving skills

Communication skills

Education

Bachelor's degree in Finance or related field

Tools

Excel

LoanIQ or equivalent lending systems

Job description

Overview

Pay Rate: $37

Location: Toronto ON

Job Type: Contract

Our client, a top banking client in Canada is looking to hire Operations Analyst - 3 for their team with a contract for 6 Months with potential extension or conversion to Permanent. Hybrid - 2 to 3 days in office in Downtown Toronto

Typical Day in Role

Perform day-to-day delivery of critical lending operations processes including loan administration and servicing for syndicate deals with bank as a participant bank

Support all aspects of servicing a deal including, but not limited to, rollovers, drawdowns, repayments, static data updates

Be accountable to assigned portfolio and maintain portfolio health by reviewing control reports and clearing reconciliation discrepancies.

Support additional reconciliation and investigation activities.

Ensures that terms and conditions of authorizations and/or loan documentation are being adhered to including pricing, term and amount.

Administers instructions by Agents on participations and customers on direct and agented deals including verification of limit availability, accuracy of calculations and disbursement/application of funds.

Recognize and ensure all exceptions to policies and procedures are brought to the attention of management for resolution when required.

Build effective relationships with key business partners by collaborating with process managers and subject matter experts to achieve desired objectives.

Candidate Requirements / Must Have Skills

• 5-7 years experiences as an Operations Analyst or similar position
• 2+ years of experience working in corporate lending operations, particularly with servicing syndication facilities
• Demonstrated experience reading and understanding loan documentation

Nice-To-Have Skills

• Cash-reconciliation experience preferred
• Experience with LoanIQ or equivalent lending, proprietary systems preferred
• Intermediate excel skills (manipulate large volumes of data, basic formulas) preferred

Soft Skills Required

• Strong quantitative and problem-solving skills
• Analytical and detail-oriented
• Motivated problem solver
• Strong communications skills

Degrees or Certifications

• Bachelor\'s degree in Finance or related field.

If you are interested in hearing more about this role, please send your updated resume in MS Word format to [e-mail] and mention the "Operations Analyst - 3" in the subject line.

Other roles can be viewed at www.ifg-global.com