Administration Advisor – Business Financing

December 26, 2021 Business Management and Administration

Job Overview

Job title: Administration Advisor – Business Financing

Job description: Desjardins Group is the largest cooperative financial group in Canada, and one of the largest employers in the country. It offers a full range of financial products and services and is home to a wealth of expertise in property and casualty insurance, life and health insurance, wealth management, services for businesses of all sizes, securities brokerage, asset management, venture capital, and secure, leading-edge virtual access methods.

Job Level
NV-08

As an Administration Advisor – Business Financing, you assist with credit authorization, research, analysis and development to recommend implementation strategies and priorities for credit risk management best practices.

You analyze and help diagnose issues, provide opinions in accordance with your discipline’s rules, and help develop recommendations and implementation plans. You develop tools, methods and processes. Your projects and initiatives require extensive knowledge of your line of work.

You share ideas and help solve problems using your analytical skills, extensive knowledge of your line of business and ability to manage complexity. You interact with stakeholders working in other fields.

You provide discipline-specific support to your unit, clients and partners.

General Information on the Position
Specifically, the incumbent provides direct support to the account directors in the management of existing financing files and ensures the smooth management of commercial, agribusiness and institutional loan portfolios. The incumbent initiates and manages meetings to set up new loans with all the participants involved and coordinates all the required follow-up. The incumbent manages, analyzes and validates all types of financial reporting and assists borrowers and account directors in following up on risk management requirements by establishing margin calculations and financial checks.

Main responsibilities

Process new financing files and make changes to existing ones. Follow up on credit authorizations to be completed
Verify the legal documentation received and required in accordance with credit authorizations, identify any irregularities and recommend the appropriate corrective actions for approval on the various levels of decision-making within the organization
Finalize all types of documents (financial/legal) related to offers of credit to be submitted and/or signed by the borrower, in accordance with the terms set out in the credit authorizations
Follow up with relevant partners regarding the financial documents required for each file
Submit for authorization any operational or monetary events that exceed the limits of the delegation of authority stipulated in the credit policy in effect within the organization
Make calculations and conduct administrative operations related to the unit’s activities, and enter the data into the IT system accordingly.
Ensure compliance with financial commitments and conformity with legal documentation prior to loan disbursements and prepare operational instructions related to loan authorizations
Prepare and submit to relevant parties the reports on financial documents that are received late, or on any irregularities with regard to client agreements

Other working conditions

Work location: Currently on regular telework due to the pandemic. Place of business Montreal. The work mode applicable to the position is Flexible hybrid
Number of jobs available : 1

Qualifications

Bachelor’s degree in administration, finance or accounting
A minimum of two years of relevant experience in corporate finance
Experience as an account manager or portfolio manager in commercial financing (an asset)

Please note that other combinations of qualifications and relevant experience may be considered

For vacant positions available in Quebec, please note that knowledge of French is required

Specific knowledge

Very good knowledge and understanding of commercial finance products and services
Specific knowledge of Microsoft Office tools (Excel)
Independent speaker, intermediate knowledge of English (level 3), both oral and written

Desjardins Cross-sector skills
Action oriented, Customer Focus, Differences, Nimble learning

Key competencies for the job
Work Location
1170, rue Peel Montréal

Trade Union
Non Syndiqué

Unposting Date
2021-12-23

Job Family
Risk management (FG)

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Company:

Expected salary:

Location: Montreal, QC

Job date: Sun, 26 Dec 2021 01:08:19 GMT

Job Source: Careerjet.ca