At a Glance
- Tasks: Manage and administer commercial loans, ensuring timely processing and compliance.
- Company: Join a leading global bank with a strong commitment to innovation.
- Benefits: Competitive salary, health benefits, and opportunities for professional growth.
- Other info: Great opportunity for career advancement in a supportive environment.
- Why this job: Be part of a dynamic team that impacts financial operations and client success.
- Qualifications: Strong analytical skills and attention to detail; finance knowledge is a plus.
The predicted salary is between 67500 - 82500 $ per year.
The CASO Commercial Loans Operations Platform is responsible for processing the Loans portfolio for NY Branch and Canada Branch activity. The job holder will have day-to-day responsibility for the administration of all facilities and associated products linked with these branches of Crédit Agricole CIB. Ensuring that all Business-As-Usual processes are undertaken in a timely and efficient manner and necessary controls are adhered to.
Different types of Loans included:
- Bilateral Loans
- Export Finance (agent and participant)
- Syndicated Loans where the bank is agent
- Participant Loans
CASO CLO is responsible for arranging the necessary funding of these loans, initiating new drawings, handling rollovers, repayments, pre-payments, issuance of some notices, calculation and processing of commissions in respect of the facilities administered. Cash flows relating to movements in the loans portfolio are managed by CASO CLO and will be subject to checking and authorisation.
CASO CLO is also responsible for:
- The booking of all associated loan transactions in Back Office systems
- Reconciliation between FO and BO systems
- Booking and management/distribution of fees, commissions
- Following up all non-receipts and settling claims against or for ourselves
- Reconciliation and justification of internal accounts
- Production controls
Key Responsibilities:
- Administering Drawdowns, Rollovers, Repayments, Pre-payments, Funding, Rate-Fixings, Fees and Commission posting, External payments, collection of interest, Nostro Reconciliations, general administration related to the loans portfolio managed along with undertaking adhoc queries and investigations, monitoring all associated data under responsibility of GELOP
- Validate captures, events and payments processed by other members of the team (clerks or eventually other validators)
- Mailbox management
- Actively assist in the training and development of less experienced members of the team with on-the-job training, coaching and development
- Provide guidance to other members of the team regarding technical loans administration subjects, provide regular coaching to loans administrators
- Ensure compliance with all necessary controls and procedures in respect of local regulations of branches serviced
- Responsibility to elevate any issues/problem or control gaps to their Team Leader
- Responsibility of daily controls (as a back-up of team leader when he/she is away)
- Undertake adhoc duties and project work to assist the Management team
- When necessary assist the management team in the enhancement of systems, notably Users Acceptance Tests (UAT)
Commercial Loans Analyst in Montréal employer: Crédit Agricole
At Crédit Agricole CIB, we pride ourselves on being an exceptional employer, offering a dynamic work environment in the heart of New York and Canada. Our commitment to employee growth is evident through comprehensive training programs and opportunities for advancement within our Commercial Loans team. With a strong focus on collaboration and innovation, we foster a culture that values each team member's contributions while ensuring compliance and efficiency in our operations.
