Deal Specialist 6 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
Job Title
Deal Specialist