Job Description

Senior Analyst Securitization

• 
  Montreal
  
  Laurentian Bank
  
  Full Time
  
  25668
  
  05 January 2023

Laurentian Bank. Seeing beyond numbers



Building a better and different financial institution

• Financial Benefits Working Environment Commuting and Travelling Food and Drinks Nice to have

Financial Benefits
Pension plan
Group Insurance
Stock purchase program
Mortgage, Line of Credit, Personal Loan, ...at low interest rates
Incentive compensation

Seeing beyond numbers TM
At Laurentian Bank, we believe we can change banking for the better. Founded in Montreal in 1846, Laurentian Bank helps families, businesses and communities thrive. Today, we have over 2,800 employees working together as One Team, to provide a broad range of financial services and advice-based solutions for customers across Canada and the United States. We drive results by placing our customers first, making the better choice, acting courageously, and believing everyone belongs.

This role sits within Laurentian Bank, a subsidiary of Laurentian Bank Financial Group.

Assists the AVP Securitization in analysing, recommending, structuring and executing the Bank\'s asset securitization transactions with the objective of minimizing the Bank\'s funding costs. He/She is also responsible for implementing process improvements to increase the efficiency of our securitization programs.

This role can be located in Montreal or Toronto

Responsibilities

\xc2\xba Assists the AVP on the management and execution of existing securitization program such as the NHA Mortgage-Backed Securities (MBS) program, the CMB program, the Covered Bond program and other ABS programs.
\xc2\xba Assists in the monitoring of all activities related to the multiple programs under the Securitization Team.
\xc2\xba Identify and implement process improvements to increase the efficiency of our securitization programs and minimize operational risk.
\xc2\xba Assists in the recommendation and execution of securitization transactions that contribute to the Bank\'s funding strategy.
\xc2\xba Responsible for the development of pricing and risk models related to securitization.
\xc2\xba Assists in monitoring the market environment and the regulatory framework to ensure the Bank comply to all applicable rules and guidelines.
\xc2\xba Assists in the planning, forecasting and analysis of securitization balance sheet and P&L in conjunction with Finance Group.
\xc2\xba Review transaction pricing and monitor monthly performance

Qualifications

\xc2\xba Minimum 5 years\' experience in securitization within a financial institution, a bank treasury, or mortgage originator
\xc2\xba Master degree in Finance, Economy, Accounting or equivalent
\xc2\xba CFA, FRM or other professional designations is an asset

Skills:

\xc2\xba Knowledge of the NHA MBS, CMB and other ABS programs
\xc2\xba Knowledge of securitization processes, familiarity with secured funding structures and legal documentation
\xc2\xba Excellent communication skills - strong oral and written English and French
\xc2\xba Strong Excel skills, including ability to design macros, and use VBA. Knowledge of mortgageHub (TAO) is an asset.
\xc2\xba Motivated, self-driven individual that works well in a team.

Additional Information

Equity, Diversity & Inclusion
We are proud to be an equal opportunity employer and are committed to fostering an inclusive and accessible work environment that reflects the diversity of our customers and our communities. We welcome and encourage applications from individuals from all groups, including Indigenous people, women, visible minorities, and persons with disabilities, regardless of race, national or ethnic origin, colour, religion, age, sex, sexual orientation, gender identity or expression, marital status, family status, genetic characteristics, disability or any other legally-protected ground.

Accessibility
Accommodations for persons with disabilities are available upon request for job applicants taking part in all aspects of the recruitment process.

PIPEDA
We may collect, use or disclose your personal information for the purpose of establishing an employment relationship with you.