Securitization Analyst - Montréal, Canada - Laurentian Bank

Laurentian Bank

Verified Company

Montréal, Canada

1 week ago

Posted by:

Sophia Lee

beBee Recruiter

Description

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 3,000 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.

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:

o Assists the AVP on the management and execution of existing securitization program such as the NHA Mortgage-Backed Securities (MBS) program, the CMB program and other securitization programs.

o Participate in monthly operational activities and reporting.

o Identify and implement process improvements to increase the efficiency of our securitization programs and minimize operational risk

o Assists in the recommendation and execution of securitization transactions that contribute to the Bank's funding strategy.

o Participate in the development of pricing and risk models related to securitization.

o Participate in monitoring the market environment and the regulatory framework to ensure the Bank comply to all applicable rules and guidelines.

o Assists in the planning, forecasting and analysis of the securitization balance sheet and P&L in conjunction with Finance Group.

o Review transaction pricing and monitor monthly performance

Qualifications:

o 1 to 3 years' experience within a financial institution. Experience in a bank treasury, or mortgage originator would be an asset

o Master degree in Finance, Economy, Accounting or equivalent

o CFA, FRM, CPA or other professional designations is an asset

Skills:
o Knowledge of the NHA MBS, CMB and other ABS programs an asset

o Knowledge of securitization processes, familiarity with secured funding structures and legal documentation an asset

o Excellent communication skills - strong oral and written French and English

o Strong Excel and Access skills, including ability to design macros, and use VBA. Knowledge of mortgage Hub (TAO) is an asset.

o Motivated, meticulous, self-driven individual that works well in a team.
- "Qualifications

Professional working proficiency in French and English languages required as position involves frequent written and oral communication on complex matterswith internal and external parties in both languages.

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Additional Information:

Équité, diversité et inclusion

Accessibilité

LPRDE
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