Structured Finance Back Office- Associate

Societe Generale; Montreal (administrative region); On-site; CAD 65,000 - 90,000; Full time

Job summary

Société Générale in Montreal seeks an experienced loan servicing professional to manage daily loan transactions, confirmations, and reconciliations. You will review and authorize activity, handle bookings, and prepare billing and notices for participants in USD and international currencies.

The role requires 3–5 years in commercial lending with LoanIQ, strong Excel skills, and attention to detail. English is required; French preferred. On-site position with GC services in GBTO, Montreal.

Qualifications

• Minimum 3–5 years prior experience in Commercial Lending using LoanIQ.
• Agency servicing experience.
• Exposure to Agent and Participation portfolios.
• Knowledge of financial products (loans, guarantees, standby letters of credit).
• Knowledge of loan products and cash payments in USD and foreign currencies.
• Strong working knowledge of Excel.
• Strong analytical and reconciliation skills.
• Attention to detail and accuracy.
• Strong written and verbal communication skills.
• Ability to work independently.
• Strong time management and organizational skills.

Responsibilities

• Review, verify, and authorize daily loan transactions.
• Perform analysis and reconciliation of fee and interest accruals.
• Handle booking loans including Commercial Paper, Non‑performing, and Direct/Agented facilities.
• Prepare notices of activities to fax to all participants/customers for loan confirmation.
• Prepare/review loan forms related to booking of new borrowings and related items.
• Take responsibility for the daily transfer of loan proceeds.
• Prepare interest and fee billings on all loans and bill the customers.
• Handle booking of risk participation sold.
• Process interest, commitment fees and investigate discrepancies when necessary.
• Handle preparation/posting of GL entries as required.
• Review system-generated reports to monitor facilities.
• Reconcile open cash, suspense and past-due processing.

Skills

LoanIQ

Agency servicing

Portfolio exposure

Financial products

USD cash payments

Excel

Analytical skills

Attention to detail

Communication skills

Independent work

Time management

Education

Bachelor's in Finance/Accounting

Job description

Reference

2600047F

Job Overview

Global Banking Technology & Operations (GBTO) delivers day‑to‑day services to Global Banking & Investor Solutions (GBIS) Business Units and their clients. The Loan Servicing Group manages the booking and administration of loans for Société Générale New York branch, overseeing Closers and Servicers.

Responsibilities

• Agency Role – borrower and lending‑group‑facing servicing activity.
• Review, verify, and authorize daily loan transactions.
• Perform analysis and reconciliation of fee and interest accruals.
• Handle booking loans including Commercial Paper, Non‑performing, and Direct/Agented facilities.
• Prepare notices of activities to fax to all participants/customers for loan confirmation.
• Prepare/review loan forms related to booking of new borrowings, increases, rollovers, pay‑downs, commitment reductions, etc., before obtaining loan officer approval signatures.
• Take responsibility for the daily transfer of loan proceeds.
• Prepare interest and fee billings on all direct/agented loans, bill the customers, and send pro‑rata shares to the participants.
• Handle booking of risk participation sold.
• Process interest, commitment fees and investigate discrepancies when necessary.
• Handle preparation/posting of GL entries as required.
• Review various system‑generated reports to ensure proper monitoring of the facilities.
• Reconcile open cash, suspense and past‑due processing.

Required Skills & Qualifications

Must Have:

• Minimum 3 to 5 years prior experience in Commercial Lending using the LoanIQ application.
• Agency servicing experience.
• Demonstrated exposure in supporting a variety of portfolios (both as Agent and Participation).
• Knowledge of financial products (especially loans, guarantees and standby letters of credit).
• Knowledge of loan products and principles of cash payments in USD and foreign currencies.
• Strong working knowledge of Excel.
• Strong analytical and reconciliation skills.
• Attention to detail and accuracy.
• Strong written and verbal communication skills.
• Ability to work independently.
• Strong time management and organizational skills.

Nice to Have:

• International banking experience.

Education

Bachelor’s degree in finance, accounting, or a related discipline.

Languages

English (required); French (preferred).

Accommodations

Société Générale is committed to offering an inclusive recruitment experience to all candidates. If you require any reasonable accommodations during the recruitment process, please do not hesitate to let our Recruiters know.