Required Skills & Experience
• 1-3 years of a relevant experience and post-secondary degree in a related field of study desirable or an equivalent combination of education and experience Commerce or Finance
• Bilingual (French) - strong communication skills both written and verbal
• Experience dispersing money via direct transfer, wire transfers, SWIFT, or other methods
• Ability to calculate fees and interest
• Knowledge and understanding of the business unit's products and services, processes, and controls
• Knowledge of standard desktop applications and department systems and applications
• Ability to manage time effectively and prioritize tasks
• Self-starter with an eager attitude to learn and grow in an exciting and fast-paced work environment Ability to work Monday to Friday, 8:30am - 5pm OR 11:00am - 7:00pm
Nice to Have Skills & Experience
• Experience working in a banking or enterprise-level financial institution
• Experience working on LoanIQ
• Exposure to syndicated loans Experience in corporate and commercial lending and loan servicing
Job Description
Insight Global is looking for a Servicing Analyst 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 servicing and monitoring support for corporate and commercial lending portfolios in a professional and timely manner.
• Delivers agreed lending/financing services as specified in the credit agreement/approval and ensures all required policies, guidelines and standards are met.
• Addresses customer services issues according to established parameters, escalating as required
• Supports change management of varying scope and type; tasks typically focused on execution and sustainment activities
• Executes routine tasks such as service requests, transactions, queries etc. within relevant service-level agreements
• Investigates and addresses specific customer issues
• Completes administrative activities to ensure the smooth operation of the unit; including scanning and filing documents as required
• Supports the development of tools and delivery of training focused on delivering business results
• Integrates information from multiple sources to enable more efficient processes, enhanced analysis and/or streamlined reporting
• Collaborates to execute loan servicing and monitoring requests Prepares customer notifications and billings, and processes services and transactions including (but not limited to) loan advances/payments, wire transfers, billing for principal/interest/fees, monitoring collateral positions, financial exceptions, etc.