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Senior Analyst, Specialized Finance

Equitable Bank, Toronto, Ontario, Canada Req #736
Monday, June 24, 2019

Title:                    Senior Analyst, Specialized Finance

Department:       Credit & Risk Management

Reports To:         Director, Specialized Finance


 

Purpose of the Job

 

While adhering to established compliance and control requirements, the Senior Analyst, Specialized Finance will be responsible for writing credit risk analyses while assisting with the development, structuring and overall management of the Bank’s specialized commercial lending platform. The key focus will be placed on real estate and non-real estate secured operating lines of credit, equipment financing, portfolio acquisitions, “lend-to-lender” financing and other new opportunities across a diverse range of industries.  Along with the Manager, the incumbent will assist in obtaining buy-in from Management on new deals, structures and asset classes. The analyst will also perform financial analysis, modeling and valuation, co-ordinate and collaborate with internal teams to perform diligence activities and prepare presentation materials as required. The Senior Analyst will assist in the management of a pipeline of specialized finance deals from concept through to fulfilment and thereafter. 

 

The Senior Analyst will need to ensure that key policies, controls and processes are followed such that all relevant Bank stakeholders are involved with, and apprised of, new deal flow, operational requirements and funding/reconciliation mechanics. Without limitation, Corporate Development, Accounting, Treasury, Finance, Payments, Commercial Funding and Credit will need to be actively engaged to ensure smooth loan fulfillment while minimizing operational and credit risk. The Senior Analyst will assist with the evolution of the Bank’s policies and procedures specifically with regards to specialized finance credit risk analyses, new product/asset class launches and ongoing portfolio management including, but not limited to, monthly, quarterly, and annual reporting requirements, in order to effectively manage exposure and prudently monitor risk associated with new and existing investments.

 

Main Activities:

 

  1. Credit risk analysis (50%) 
  • Prepare credit risk analyses on large transactions (typically $25.0 million+) 
  • Perform financial analysis, modeling and valuation
  • Prepare presentation materials as required
  • Support the development of business cases for new opportunities – manage the communication of findings and support on follow-up
  • Use quantitative methods (e.g., Excel models) to develop insights that support decision making
  • Ensure compliance with the Bank’s established AML policies, lending guidelines and procedures
  • Ensure all lending criteria and outstanding documentation/conditions have been satisfied on all transactions, while being processed in a timely and efficient manner to deliver superior customer service

 

  1. Portfolio monitoring and stakeholder management (25%) 
  • Prepare reports for Management and ultimately monitor funded specialized finance deals including analysis of borrowing base and margin requirements, covenants, operating line usage, portfolio amortization and key risks
  • Develop familiarity with internal systems and gather relevant data from various internal sources
  • Monitor and maintain control mechanisms and standardized reporting documents which prudently monitor risk
  • Ensure internal Bank stakeholders are appropriately consulted during deal origination and thereafter to ensure amicable and cohesive relationships
  • Stay current on recent events and share findings to related Bank parties as necessary

 

  1. Business development and research (25%) 
  • Along with the Manager, support Corporate Development in the development of new relationships and referral sources with the aim of identifying new and profitable lending opportunities
  • Contribute to the brainstorming, structuring and problem solving process for new lending opportunities including market research to support business unit and enterprise strategy
  • Scan various sources (e.g., news releases, journals, industry publications, etc.) to identify, track and monitor market, competitive and regulatory trends
  • Perform interviews with internal and external parties to gather information and develop insights

 

Knowledge/Skill Requirements:

 

  • Post-secondary education (diploma/degree) in Business Administration or related field.   MBA/CFA preferred
  • 3-5 years of work experience in commercial and/or corporate lending.  Experience in both real estate and specialized lending is considered an asset.
  • Strong business acumen
  • Excellent financial, analytical, modeling and problem solving skills
  • Excellent oral and written communication skills as well as attention to detail
  • Proficient in using MS Office (Excel, Access, Power Point)
  • Sound knowledge of factors affecting the Canadian commercial lending environment
  • Working knowledge of AML/ATF regulations and Corporate/Legal documentation
  • Proven ability to thrive in a constantly changing environment and to perform well in a high volume, high intensity environment
  • Ability to handle multiple competing priorities

Other details

  • Pay Type Salary
  • Equitable Bank, Toronto, Ontario, Canada