About The Role

Join a Challenger

At EQ, we're 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.

We've been at this since 1970, challenging the conventions of traditional banking with smarter, faster, and more connected financial experiences.

What's 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 you're driven to help reshape how banking works for Canadians and the businesses that power our economy, this could be your next big opportunity. We can’t wait to get to know you!

We can’t wait to get to know you!

The Work

The Specialized Finance Collateral Specialist is responsible for validating the underlying collateral associated with each Specialized Finance transaction in order to ensure it is accurate and adheres to the terms of the relevant credit agreement. Additional duties are also required including loan set-up in PPlus, completion of draw requests, and special projects as required by the Associate Directors, and Managing Director, Specialized Finance, and AML/KYC review. The incumbent will be working closely with the Specialized Finance team, Commercial Funders and Administrators, Compliance, and other internal departments.

The Core Responsibilities!

Daily, the incumbent is responsible for carrying out the responsibilities of the Specialized Finance Collateral Management Team. These include, but are not limited to, management of the Purview tracking system and loan level collateral validation. (40%)

Daily, the incumbent will assist with the maintenance of borrowers monthly reporting, along with the set-up/update of loans in PPlus to track and manage deal flow. The incumbent will work closely with Analysts and Associates to follow for outstanding conditions. (25%)

Daily, the incumbent will process draw requests, ensuring all conditions for advances are met, including reviewing reporting and other relevant documentation, updating PPLUS, and working with Commercial Administration to ensure funds are sent on time. (25%)

On a daily, weekly, monthly, and quarterly basis the incumbent will be responsible for the preparation of specific reports on assigned categories as well as contributing to special projects required for the team, which will be relied upon by Senior Management (10%).

Let's Talk About You!

Bachelors’ degree considered an asset.
Minimum of 1 year of commercial mortgage/administration experience.
Working knowledge of MS Office (Word, Excel, Outlook, Power Point).
Knowledge of PPlus considered an asset.
Ability to create adhoc reports in Excel with practical knowledge in importing data for the use in report software, spreadsheets and graphs.
Proven ability to capture and document information thoroughly.
Creatively solve problems and propose solutions with minimal direction.
Excellent attention to detail.
Strong problem solving and analytical skills.
Excellent time management and organizational skills.
Ability to handle multiple competing priorities.
Highly developed verbal and written communication skills with the ability to respond in a clear, concise and professional manner.