Syndications Operations Analyst - Etobicoke, Canada - Meridian Credit Union

Meridian Credit Union

Verified Company

Etobicoke, Canada

3 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Why Meridian?

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At Meridian, our aspiration is to integrate our purpose into everything we do for people, the planet, and communities. We believe that our greatest opportunity is to create opportunity and meet people where they are.

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Find our story here

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About Meridian**:

Our Business Banking Practice

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Our vision is to be recognized as the financial institution that has the most local impact, supported by a purpose-driven Value Proposition to our Members.

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We take the time to get to know our members' business, anticipate their needs and provide customized solutions. After all, our obligations are to our Members, not shareholders, and we take to heart the best interests of our Members and communities we serve We're passionate about what we can do for their business and we're empowered to leverage our local autonomy to meet their unique needs.

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In addition to building customized solutions for business, we offer full service commercial banking solutions, including a wide selection of daily banking products, complementary lending services, cash management solutions, as well as insurance and investments.

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As a Syndications Operations Analyst

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You will be responsible for assisting our Relationship Managers and Syndication Operations team by translating requests involved in the daily administration and operation of syndicated transactions.

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The daily accountabilities of this role will be to coordinate requests on syndicated files, collaborate with Operations, Business Credit and Business Banking Centers, and review relevant documentation on syndicated transactions.

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What you will do

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Prepare new accounting spreadsheets and authorized loan spreadsheets for new transaction closings for record-keeping purposes for the Syndicated files.

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Consult with Business Banking Centres (BBCs) and Structured Finance teams to understand the operational requirements for new transactions, and to coach/advise the BBCs where appropriate.

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Prepare draw requests and coordinate draws with the Business Banking team where appropriate (gathering documentation and posting in iLend under relevant Draw request.)

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How you will succeed

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_Education & Experience_

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Post-secondary education in Business, Economics or related field and/or related job training, with excellent knowledge of financial accounting, financial acumen and lending principles.

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Previous experience in a Business Banking role, with syndicated transactions is a major asset.

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Experience with iLend loan origination system and Encore.

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Experience/training in the development of reporting and analytics.

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Experience in conducting analysis and working with diverse data sets, both structured and unstructured.

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Demonstrated interest and experience in corporate responsibility, sustainability, environment, governance and social impact.

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_Knowledge_

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Proficiency with MS Office Suite including Excel and PowerPoint is required.

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Knowledge of rules, regulations and trends in the financial services industry.

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Good knowledge of banking systems and business account operating procedures.

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_Skills & Abilities_

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Highly motivated self-starter with a positive attitude.

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Excellent communication, presentation and overall interpersonal skills.

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Ability to work independently with confidence, as well as collaboratively with others, with a strong commitment to member service.

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Strong desire for professional development; willingness to work flexible hours, and train both on/off the job to improve general business and lending skills.

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Demonstrates a high capacity for increasingly complex workloads, with a natural curiosity to investigate complex, ambiguous problems using multiple data sources and tools to come up with answers and recommendations.

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Possesses a strong attention to detail; be concise without comprising the facts.

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Ability to meet established schedules and deadlines on time and on budget.

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Join Us This role is hybrid. Office Location either 3330 Bloor St W, Etobicoke, or 75 Corporate Park Dr, St. Catharines

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_Meridian has a remote work policy that al__lows flexibility for employees to work remotely but also requires regular time in the office for purposeful meetings to collaborate, innovate and build effective relationships with your team, your colleagues and your leader which is very important to us.

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What's in it for you?

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We have an inclusive and collaborative working environment that encourages creativity, curiosity, and celebrates success

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You'll get to work with and learn from diverse industry leaders, who have hailed from top organizations around the world

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Hybrid work arrangements with in-person office time to collaborate, innovate and build relationships with your colleagues

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This isn't your typical "corporate" job. We work hard and we have fun

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**Who w