Senior Client Solutions Analyst,Commercial Real Estate Banking Job Vaughan area,Ontario Canada,Finance & Banking

Position: Senior Client Solutions Analyst, Commercial Real Estate Banking ON - 18 months contract

Requisition

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Purpose

Contributes to the overall success of Real Estate Banking, Canadian Business Banking, ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensures all activities are conducted in compliance with governing regulations, internal policies and procedures.

The Sr. Client Solutions Analyst “Sr. CSA” provides credit and administrative support to the Real Estate Banking team for the development and maintenance of a portfolio of loan and deposit accounts.

He/she assists Relationship Managers with annual reviews, new applications and amendments and ensures that required reports are received and analyzed in accordance with conditions of the loan commitment.

The Sr. CSA reviews all new credits for prefunding conditions, reporting requirements and sets up files and diary system for new and existing credit facilities.

He/she coordinates the completion of all documents required for Global Transaction Banking products and services (i.e. current accounts, RDC, KYC documentation); prepares Cash Secured LC annual reviews, as well as the required Client Net, RA (Pre-Post), and CL if required. Also prepares Client Reference Letters and Discharge Comfort Letters. Follows up and rectifies security defects on BSC Defect List.

Accountabilities

Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.

Working closely with Director and Associate Directors, the Senior Client Solutions Analyst is responsible for providing the following services to a portfolio of existing and prospective clients:

New Clients or New Projects
:
Supporting the collection of information directly from clients and from various sources necessary to assess the client’s risk profile in order to ensure the Bank meets its regulatory requirements related to KYC, AML, etc. This includes contacting clients, sourcing internal/external sources/web sites, documenting information in Know Your Client documentation in various formats such as the Client Profile Information documents and responding to various internal Compliance groups.

New Credit
:
Prepare Credit File and ensure all required documents filed. Send CL to client with Grid Notes, etc. BF return of CL. Copy CL and disburse as required (Copy to REC, file, Lawyer, Consultant). Review Commitment Letter and prepare for set-up as required:
Commitment Fee Collection Other Services (if required) Standby Fee (input and tracking) Inventory/Sales Spreadsheets including repayment details. BF to follow for P & SA and update accordingly

Letter of Credit (if required) and follow that completed in timely manner Memo to BSC requesting set up of Loan and BF to ensure done Funding checklist/ Advance documentation Engagement Letter for Solicitor and Consultant and BF to ensure received Review and BF for action/maturity dates Follow with Solicitor on progression of security for first advance

Confirm with CRM that conditions have been met and submit communication to REC. BF to receive authorization in timely manner.

BF for advance and ensure all documents required (from our counsel and client) are received prior to funding.

Call for sub-search and follow for confirmation of search. Submit advance to BSC.

BF with solicitor for security package. Once received send to BSC for recording F28.

Follow with BSC for F28 and submit a copy to REC.

Other

Prepare and follow the above required process to assist the CRM to complete Annual Reviews/Credit Increases.

Once draw report received, prepare advance documents for CRM, follow for draw request from Borrower, verify clear title, advance funds through BSC.

Record Paydowns and Disbursements.

As closings take place, update closing report, send payment to CAU.

Prepare communication to REC to advise when credit repaid and/or cancelled.

BF to follow with the client for updated insurance and financial statements.

Follow for and provide CRM ODA report, prepare any related communications required and provide to REC.

BF for…