20 Jan
Insight Global
Greater Toronto Area
Deal Specialist6 Month Contract, possibility of extension or conversion Hybrid in Toronto or Mississauga 1x day a week Must-haves - LoanIQ or other relevant systems (ACBS, LMS360, etc.)- Advanced understanding of credit agreements and the expertise to pinpoint details as to what to look for in credit agreements- Previous financial institution experience- Background in corporate and commercial lending or loan servicing- Excel,
pivot tables - pulling data and creating presentation- Extremely strong communication skills- Ability to multi-task and prioritize- Understanding of business unit's risk and regulatory requirements Plusses - APMS or relevant in-house application systems Day-to-Day Insight Global is looking for a Deal Specialist to join the team with one of our large banking clients in the downtown Toronto area on a 1-year contract. The successful candidate will be responsible for the following:- Provides loan closing and portfolio monitoring support in a professional and timely manner- Facilitates the loan closing process, commitment management, and the booking and accounting of the loan portfolio ensuring all required policies, guidelines, and standards are met- Delivers exceptional customer service by providing responsive, accurate, consistent, knowledgeable services and support- Participates in deal closing events to ensure conditions and funding requirements have been met- Work with Servicing teams (Agency side and Bi-Lateral side) -- work with Servicing Analysts to cover both teams and assign Analysts to deals/loans and provide information on what they need to have in the system to service these loans/deals- Ensure Deal Structure into Loan IQ adherences to credit approval,
directives to mitigate risk to the bank- Analyzes Term Sheet and Credit Agreements and accurately inputting information into Loan IQ- Tracks and monitors credit, legal, and compliance documentation/collateral and participates in the follow-up and escalation process when issues are identified.- Reviewing credit agreements and providing comments to the line of business in regards to any changes in the process from an operational standpoint- Working with portfolio managers to onboard new clients by reviewing and inputting credit agreements and deal documentation in LoanIQ system and APMS ( asset portfolio management system) for closings and amendments- Responsible for monthly & quarterly deal document tracking (financial statements, compliance certificates & inputting monthly/quarterly covenants and triggers- Review/approve transactions from a high-level perspective - such as margin changes,
pricing changes, amendments for commitment decreases/in! creases- Support and build relationships with internal corporate banking business partners through daily interactions in supporting mutual clients
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