- Main activities
- Syndication Support (50%)
Responsible for document fulfillment through all parts of the loan lifecycle. Prepare and execute all loan sale documentation and provide ongoing support, both internally and externally, during the underwriting process.
Team with Originations and Credit to ensure file integrity and maintain a consistent folder for our external partners.
Assist in communicating terms and conditions on syndicated loans to external partners.
Collaborate with the team in providing concise, yet informative responses to syndicate partners on their requests.
Communicate and follow up with syndicate partners on required documents and help to ensure that files are AML compliant.
Assist colleagues in Syndications and Portfolio Management in the ongoing management and oversight of the syndicated loan portfolio.
Internal Liaison (40%)
Partner with internal stakeholders and cross‑functional teams to ensure seamless, efficient handling of syndicated transactions throughout the full lifecycle to maturity or payout.
Work closely with internal teams to facilitate the onboarding of investors and the funding and maintenance of syndicated commercial assets.
Ad Hoc (10%)
Assist in the preparation and updating of reporting for the Syndicated Lending team.
Explore ways in which to streamline and improve existing processes and reporting requirements.
- Address other ad hoc requirements, as needed, to support internal and external stakeholders.
- Knowledge/Skill Requirements
- Post-secondary education (diploma/degree) preferably in business or finance is required.
2-4 years of lending experience and demonstrated commercial lending underwriting proficiency.
Knowledge of loan syndication principles, planning and tactics
Sound technical knowledge of commercial real estate underwriting, financial statement analysis and factors affecting the commercial mortgage market
Effective analytical and problem-solving skills
Working knowledge of AML/ATF regulations and Corporate/Legal documentation (both direct and partner originated transactions) for commercial real estate in multiple jurisdictions across Canada
Strong organization and time management skills with the ability to handle multiple competing priorities
Demonstrated ability to work independently to achieve goals
Highly developed verbal and written communication skills with the ability to respond in a clear, concise and professional manner Job complexities The position requires an individual to be a self-starter and make sound underwriting and servicing recommendations as efficiently as possible. The incumbent should be prepared to always manage files of complexity and shall possess cognitive skills, professional judgement and the ability to work independently to properly assess individual transactions and rely on past experiences to assist in mitigating risk. The incumbent is required to follow corporate policies, procedures and regulatory requirements to work through files and rationalize the recommendations or decisions made. Transactions may be presented from multiple partners, each having unique complexities. As such, the incumbent must be able to draw on specific product/document knowledge to assess suitability.
Accountability
The position operates under direct management of the VP, Commercial Real Estate Credit, however, works most closely with, and takes direction from, other members of the Syndicate Lending team. The accountability of the role falls mainly within the parameters of their daily duties, managing their deal flow as assigned. The position is required to provide optimum customer service with the goal of maintaining long-standing relationships and providing support in the development of new business connections.
Physical Demands/Working Condition
Normal Office environment with no physical demands, however, there is pressure, at times, placed on the role due to the time sensitivity of each transaction and to meet production targets. Hybrid work is expected with 3 days in person depending on the level and seniority of the role.
