Credit Coordinator
Job Summary
At EQ were remaking banking so every Canadian gets ahead every day. Serving nearly 4 million Canadians from coast to coast we offer a wide variety of financial services from banking and lending to trust and credit union solutions.
Weve been at this since 1970 challenging the conventions of traditional banking with smarter faster and more connected financial experiences.
Whats kept us moving The people behind it all: challengers who ask better questions push back on old assumptions and look for a better way forward.
If youre driven to help reshape how banking works for Canadians and the businesses that power our economy this could be your next big opportunity.
We cant wait to get to know you!
About This Role: EQ Bennington Financial Corp Partnership
This role will be working out of the Oakville Head Office 9am-5pm EST under a hybrid program and encompasses all brands.
The incumbent may be responsible for but not limited to the following:
- Working in unison with the Credit and Funding teams to ensure optimum services levels are adhered to for our strategic broker partners
- The monitoring and routing of emails and online applications submitted to the internal broker desk
- Acting as a liaison to our primary customers the brokers; communicating with them regularly and responding to inquiries and requests for information in a timely manner
- Setting up new credit applications. This includes requesting information from third party sources such as Land Registry and Corporate Registries pulling Equifax and PayNet credit bureau reports conducting a preliminary evaluation of the overall credit profile risk and credit financing scenarios and bringing anything out of the ordinary to the Credit Analysts attention for further review and decision making.
- Creating lease documents upon the brokers request. This includes a review of the credit approval to ensure all necessary documents are generated the pulling and analyzing of necessary searches and the creation of waivers based on the results of these searches and communication with the brokers to ensure the documents are created accurately and in a timely manner.
- Creating preliminary credit packages for further review at funding this includes collecting all pertinent documents required to finalize the credit audit at funding
- Processing vendor approvals by researching and validating information and updating system accordingly
- Assist Manager with quality assurance/compliance audits
- The Credit Coordinator will also assist the Director of Credit and/or the Manager with special projects which may include generation and preparation of excel spreadsheet models and the making of recommendations based on the data generated. They may also be involved in testing certain programs to ensure accuracy and functionality communicating the results of the testing to the senior leadership group. They will also perform data collection interpretation and analysis making recommendations and presenting the findings of the analysis to the Director of Credit and/or the Manager.
- Additional responsibilities include back-up to the other Credit Coordinators.
- The successful applicant will have a strong attention to detail and have the ability to work well under pressure and tight deadlines. A positive attitude with the ability to work well both in a team environment as well as individually is crucial.
- The successful candidate must be organized accurate and be able to prioritize and multi-task well. Strong written and oral communication skills are required and proficiency in Microsoft Office is a must.
- A University or college degree with a Business or Finance background is required (or equivalent work experience). Applicants who have completed or are enrolled in the C.C.P. program would be preferred.
- Applicants must have at least 2 years experience in a similar Credit role.
- Bilingualism in English and French would be considered an asset.
Equity Diversity & Inclusion
EQ is committed to building an inclusive accessible environment where every employee feels valued respected and supported. We believe our organization is stronger and our people thrive when we honour and celebrate diverse experiences identities and perspectives. Were equally committed to supporting your growth both professionally and personally.
We provide a barrierfree recruitment process and work environment. If you require accommodations at any stage we will work with you to ensure you can bring your best self to the process and beyond.
As part of our recruitment process EQ uses AI to help screen assess and/or select applicants for this position. All AI-enabled outputs are reviewed and validated by our talent team. All candidates considered for hire must successfully complete a criminal background check and credit check. While we appreciate every application an EQ recruiter will contact only those whose skills and experience most closely match the requirements of the role.
EQB Inc. (TSX: EQB) is the parent company of Equitable Bank the countrys seventh-largest Schedule I bank by assets which operates EQ Bank Canadas Challenger Bank. EQB Inc. serves nearly 4 million Canadians and manages approximately $150 billion in combined assets under management and administration.
Required Experience:
IC
About Company
At Equitable Bank, we specialize in providing branchless financial services that meet the unique needs of all Canadians. Our range of mortgages, savings accounts and investment options are designed to offer the right solutions to match any unique circumstance.