Deal Review Specialist (auto Finance, Bank, Ppsa)

Toronto, ON, Canada

Job Description


One of our major Banking clients is looking for a Deal Review Specialist (Auto Finance, Bank, PPSA)
Length: 1 year contract with the possibility of extension or permanent
Location: Mississauga, ON - Hybrid (1 day/week in the office)
Working hours: Monday to Friday - 9am - 5:30pm
LOB: Tech and Ops

\'The start date of this job is flexible and in order to find the best candidate the job may remain open much longer than the date mentioned on this posting... or you may be asked to start sooner than the expected start date if you are able to do so !\'

Please read the job description below. If this interests you, please send a MS-Word version copy of your resume (ASAP) along with a telephone contact number: E-mail to ssingh@teamrecruiter.com

Please mention the job title above in the subject line
The recruiter in charge of this role is Sunita

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Requirements:
ROLE MANDATE:
Provides loan closing and portfolio monitoring support in a professional and timely manner. Facilitates the loan closing process, commitment management and the booking and accounting of the loan portfolio ensuring all required policies, guidelines and standards are met. Delivers exceptional customer service by providing responsive, accurate, consistent, knowledgeable services and support.

Candidate Value Proposition (CVP):
This role allows the candidate to work in an established institution and with multiple groups within the bank, which will allow candidate to build effective skills and confidence. The individual is exposed to other lines of business, as there are lots of opportunities for learning, growth, and development.

Group Culture:
Teams are very supportive of one another. The individual will receive vast exposure to multiple areas within the bank. The team has monthly team meetings and can be reached on MS Teams throughout the day!

ROLE RESPONSIBILITIES (including, but not limited to):
Executes loan documents from the commercial team
Financing equipment on leases or loans
Responsible for executing audits for these documents
Ensures pricing and payments match, and ensures the names of businesses are accurate on corporate profiles
Process registration liens, validating invoices, and match funding, and amounts
Confirming repayment structure for customers (preauthorized payments vs invoiced)
Ensuring names match on void cheques
Ensure all information is documented and uploaded to the system prior to sending it to funding partners
Acts as a subject matter expert and first contact for escalation
Provides advice and guidance to assigned business/group on implementation of solutions
Builds effective relationships with internal/external stakeholders
Supports change management of varying scope and type; tasks typically focused on execution and sustainment activities
Completes administrative activities to ensure the smooth operation of the unit; including scanning and filing documents as required
Executes routine tasks such as service requests, transactions, queries etc. within relevant service level agreements
Processes more complex transactions and activities
Resolves discrepancies/ exceptions for mostly routine situations, some may require further analysis, or escalates as required
Organizes work information to ensure accuracy and completeness
Supports the development of tools and delivery of training focused on delivering business results
Integrates information from multiple sources to enable more efficient processes, enhanced analysis and/or streamlined reporting
Participates in deal closing events to ensure conditions and funding requirements have been met
Analyzes the credit documentation to the credit approval, structures the loan parameters on the lending system and communicates deal information to deal stakeholders
Tracks and monitors credit, legal and compliance documentation/collateral and participates in the follow up and escalation process when issues are identified
Gathers additional documentation from the customer and/ or internal/external stakeholders to ensure all required information is available to fulfill client requests
Manages customer documentation to ensure that records are maintained in a proper manner
Investigates and addresses customer services issues according to established parameters, referring or escalating as required
Collaborates with internal and external stakeholders to deliver on business objectives
Analyzes data and information to provide insights and recommendations
Develops knowledge around a customer\'s business, industry, and market in effort to better service their needs
May prepare legal documents
Collaborates in identifying, recommending, and implementing workflow improvements to deliver a more efficient operation
Focus may be on a business/group
Thinks creatively and proposes new solutions
Exercises judgment to identify, diagnose, and solve problems within given rules
Works mostly independently
Broader work or accountabilities may be assigned as needed

Qualifications:
MUST-HAVE SKILLS:
2+ years of relevant experience
Background with Everyday Banking, lending to a certain degree, or underwriting
Knowledge and understanding of business unit\'s key products and services, processes, and controls
Knowledge of standard desktop applications and department systems and applications
Understanding of business unit\'s risk and regulatory requirements
Accurate data entry skills
Specialized knowledge from education and/or business experience

NICE-TO-HAVE SKILLS:
Previous banking / FI experience (preferred)
Understands the transportation or finance industry - vendor equipment or transportation
Coming from a previous role that had requirement for detailed work - such as reporting, documentation, roles of that nature
Knowledge of PPSA registration / lien registration - registering liens (from automotive industry)

SOFT SKILLS:
Analytical Thinking
Problem solving
Organizational understanding
Risk Management
Strong verbal and written communication skills
Collaboration and team skills
Analytical and problem-solving skills
Influence skills

EDUCATIONAL REQUIREMENTS:
University / College level preferred
High School sufficient, but must have more hands-on experience (5-6 years)

Please note that this is the most up to date version of job description available at this time - During Client Interview you will receive additional information - variance may apply!

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Job Detail

  • Job Id
    JD2244848
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Toronto, ON, Canada
  • Education
    Not mentioned