Job Description

Overview:

TekWissen Group is a workforce management provider throughout the USA and many other countries in the world. Our client is a company who is a provider of banking and financial services. The company operates through two divisions, Retail Banking and Services, and Corporate and Institutional Banking

Position: Deal Team Specialist - Analyst

Location: Montr al QC H3A 2A6

Duration: 18 Months

Job Type: Contract

Work Type: Hybrid schedule

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MISSION AND OBJECTIVES

ITO Credit Middle Office is a support team that services CIB Americas NAR Corporate Platform by blending a strong business focus while being driven by industry and operational expertise, efficiency, and control. ITO Middle Office manages the credit financing transactions with the objective of leveraging standardized and improved processes and tools to streamline tasks for improved data quality and governance.

The ITO Credit Middle Office is primarily responsible for ensuring accurate and timely data capture, processing and administration of new and amended financing transactions, as well as ensuring compliance, regulatory, and operational controls are in place and adhered to, in an effort to mitigate potential risk to both our clients and client.

MAIN RESPONSIBILITIES

Liaise with front officers for timely receipt of new and amended documentation (FC1-ODJ, Credit Approval, M tier Support Memo, Financing Agreements, etc ) for the creation of counterparty financings in the Bank\'s systems

Communicate and coordinate with various internal stakeholders, agents, lenders, and clients, as needed.

Extract pertinent data from the financing documentation (i.e., Credit and other Agreements/Contracts) as well as internal credit approval for input into the bank\'s tracking systems/spreadsheets for continued end-to-end deal monitoring.

Ensure the terms of the financing are in accordance with conditions stipulated by internal credit committee(s).

Extract names and addresses from financing documents; i.e. Key Stakeholders & Other Parties, and input into the Bank\'s compliance tracking system used to perform screenings, per sanction and regulatory guidelines.

Perform timely pre-onboarding controls (FiSaC checklist, IFRS9, MSCQ).

Review facility collateral/guarantee and covenant compliance data and subsequent activity to ensure conformity to internal and external support documentation as well as update applicable systems/spreadsheets/document repository.

Confirm line availability by providing authorization on utilizations (loans/LCs), ensuring no breach of limits.

Monitor and action upcoming event dates, as well as provide follow-up on past-due items.

Monitor exception reports and resolve inconsistencies with respective parties.

Escalate potential problems or seek clarification as appropriate.

Production of closing and associated funding notices to borrowers and lenders.

Creation of wire transfer payments associated with the closings, per documentation.

Perform ad-hoc tasks/projects as directed by management.

REQUIREMENTS

Qualifications :

BS Economics, Finance, or other related fields of study

Strong written and verbal communication skills

Analytical and detail-oriented

Ability to work independently and prioritize multiple tasks, work under time pressure constraints, and take ownership of the completion of tasks.

Ability to exercise good judgment in dealing with unforeseen circumstances while maintaining compliance with established policies and controls.

Experience in the middle office and/or operations environment is preferable

TekWissen Group is an equal opportunity/affirmative action Employer (m/f/d/v) supporting workforce diversity.

TekWissen Group