Servicing Analyst

Post Date

Sep 27, 2024

Location

Toronto,
Ontario

ZIP/Postal Code

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Canada
Dec 04, 2024 Insight Global

Job Type

Contract

Category

Financial Services

Req #

TOR-737410

Pay Rate

$21 - $26 (hourly estimate)

Who Can Apply

  • Candidates must be legally authorized to work in Canada

Job Description

Insight Global is looking for a Servicing Analyst to join the team with one of our large banking clients in the downtown Toronto area on a 1-year contract. The successful candidate will be responsible for the following:

- Provides loan servicing and monitoring support for corporate and commercial lending portfolios in a professional and timely manner.
- Delivers agreed lending/financing services as specified in the credit agreement/approval and ensures all required policies, guidelines and standards are met.
- Addresses customer services issues according to established parameters, escalating as required
- Supports change management of varying scope and type; tasks typically focused on execution and sustainment activities
- Executes routine tasks such as service requests, transactions, queries etc. within relevant service-level agreements
- Investigates and addresses specific customer issues
- Completes administrative activities to ensure the smooth operation of the unit; including scanning and filing documents as required
- Supports the development of tools and delivery of training focused on delivering business results
- Integrates information from multiple sources to enable more efficient processes, enhanced analysis and/or streamlined reporting
- Collaborates to execute loan servicing and monitoring requests
- Prepares customer notifications and billings, and processes services and transactions including (but not limited to) loan advances/payments, wire transfers, billing for principal/interest/fees, monitoring collateral positions, financial exceptions, etc.

We are a company committed to creating diverse and inclusive environments where people can bring their full, authentic selves to work every day. We are an equal opportunity/affirmative action employer that believes everyone matters. Qualified candidates will receive consideration for employment regardless of their race, color, ethnicity, religion, sex (including pregnancy), sexual orientation, gender identity and expression, marital status, national origin, ancestry, genetic factors, age, disability, protected veteran status, military or uniformed service member status, or any other status or characteristic protected by applicable laws, regulations, and ordinances. If you need assistance and/or a reasonable accommodation due to a disability during the application or recruiting process, please send a request to HR@insightglobal.com.

To learn more about how we collect, keep, and process your private information, please review Insight Global's Workforce Privacy Policy: https://insightglobal.com/workforce-privacy-policy/ .

Required Skills & Experience

- 1-3 years of a relevant experience and post-secondary degree in a related field of study desirable or an equivalent combination of education and experience -- Commerce or Finance
- Experience dispersing money via direct transfer, wire transfers, SWIFT, or other methods
- Ability to calculate fees and interest
- Knowledge and understanding of the business unit's products and services, processes, and controls
- Knowledge of standard desktop applications and department systems and applications
- Strong communication skills both written and verbal
- Ability to manage time effectively and prioritize tasks
- Self-starter with an eager attitude to learn and grow in an exciting and fast-paced work environment

Nice to Have Skills & Experience

- Experience working in a banking or enterprise-level financial institution
- Experience working on LoanIQ
- Exposure to syndicated loans
- Experience in corporate and commercial lending and loan servicing

Benefit packages for this role will start on the 31st day of employment and include medical, dental, and vision insurance, as well as HSA, FSA, and DCFSA account options, and 401k retirement account access with employer matching. Employees in this role are also entitled to paid sick leave and/or other paid time off as provided by applicable law.