Top Benefits
About the role
Welcome to the world of Banking, where opportunities abound. Get ready for a high-energy journey filled with financial thrills. In banking every day is a new adventure, where you will navigate the currents of the economy, ride the waves of innovation, and scale the peaks of success. So, fasten your seatbelt, because in this dynamic industry, the sky is the limit for your career aspirations.
Seeing beyond numbers****TM
At Laurentian Bank, we believe we can change banking for the better. Founded in Montreal in 1846, Laurentian Bank helps families, businesses and communities thrive. Today, we have over 2,800 employees working together as One Team, to provide a broad range of financial services and advice-based solutions for customers across Canada and the United States. We drive results by placing our customers first, making the better choice, acting courageously, and believing everyone belongs.
This role sits within Laurentian Bank
As a member of the Business Services team, the incumbent will be asked to assimilate the knowledge required for understanding, preparing, and drafting commercial credit files. He/she will assist the Senior Manager in managing finance portfolio risk. By participating in business model analysis, financial analysis, risk analysis and guarantee assessments, the incumbent will serve as a key resource for the Account Manager, Business Development, and his/her Assistant Vice President. The Underwriter, will have to complete the following tasks:
Responsibilities
- Complete the underwriting of new transactions and conduct annual reviews of files and amendments within the prescribed deadlines.
- Enter the client's financial statements and financial projections in the risk rating calculator.
- Perform financial analyses based on financial statements and financial projections, perform sensitivity analyses, and make comparisons with industry standards for this business segment.
- Identify and analyze risks associated with client activities.
- Follow up on irregularities in client portfolios.
- Follow up on the implementation of securities in accordance with credit authorization conditions.
- Participate in meetings and conference calls with clients.
- Be involved in the integrity and compliance processes (Code of Conduct, internal policies).
- Perform the work according to the practices, policies, and specific goals, while complying with current legislation and the Bank's policies, programs, and processes.
Qualifications
-
University education in a relevant field and at least three to five years of experience
-
Superior writing skills
-
Ability to work in a team environment; a positive attitude
-
Intellectual curiosity and critical thinking skills
-
Strong interest in finance and good analytical skills
-
Knowledge of the Office suite
-
Good spoken and written communication skills, English* an asset
-
Professional working proficiency in French and English languages required as position involves frequent written and oral communication on complex matters with internal and external parties in both languages.
What we have to offer
- Meaningful, paid work experience and professional skills development
- Gaining insights into the business sectors which align with your career goals
- Customized development program
- Networking and opportunities for full time work upon graduation
- Flexible & hybrid work environment to accommodate different needs
- Sense of Belongingness and a Diverse & Inclusive Culture
Open to students pursuing diploma, undergraduate, or post-graduate degrees.
Offers opportunities across diverse business lines such as finance, accounting, risk management, marketing and more!
Inclusion and Accessibility
At Laurentian Bank, we believe everyone belongs. We are committed to fostering an inclusive work environment that reflects the diversity of our customers and our communities and where everyone feels like they belong and can thrive. To this end, we encourage applications from individuals from equity-deserving groups, including Indigenous persons, racialized and persons with disabilities, marginalized genders and the 2SLGBTQIA+ community.
We strive to offer a flexible and accessible work experience that is inclusive of everyone. If at any time you need an accommodation, please let us know.
PIPEDA
We may collect, use or disclose your personal information for the purpose of establishing an employment relationship with you.
About Laurentian Bank
Laurentian Bank is a banking institution whose activities extend across Canada. The Bank serves one and a half million clients throughout the country and employs more than 2,900 individuals, which makes it a major player in numerous market segments.
The Bank caters to the needs of retail clients via its branch network based in Quebec. The Bank also stands out for its know-how among small and medium-sized enterprises and real estate developers owing to its specialized teams across Canada. Its subsidiary B2B Bank is, for its part, one of the major Canadian leaders in providing banking products and services and investment accounts through financial advisors and brokers. Laurentian Bank Securities offers integrated brokerage services to a clientele of institutional and retail investors.
Top Benefits
About the role
Welcome to the world of Banking, where opportunities abound. Get ready for a high-energy journey filled with financial thrills. In banking every day is a new adventure, where you will navigate the currents of the economy, ride the waves of innovation, and scale the peaks of success. So, fasten your seatbelt, because in this dynamic industry, the sky is the limit for your career aspirations.
Seeing beyond numbers****TM
At Laurentian Bank, we believe we can change banking for the better. Founded in Montreal in 1846, Laurentian Bank helps families, businesses and communities thrive. Today, we have over 2,800 employees working together as One Team, to provide a broad range of financial services and advice-based solutions for customers across Canada and the United States. We drive results by placing our customers first, making the better choice, acting courageously, and believing everyone belongs.
This role sits within Laurentian Bank
As a member of the Business Services team, the incumbent will be asked to assimilate the knowledge required for understanding, preparing, and drafting commercial credit files. He/she will assist the Senior Manager in managing finance portfolio risk. By participating in business model analysis, financial analysis, risk analysis and guarantee assessments, the incumbent will serve as a key resource for the Account Manager, Business Development, and his/her Assistant Vice President. The Underwriter, will have to complete the following tasks:
Responsibilities
- Complete the underwriting of new transactions and conduct annual reviews of files and amendments within the prescribed deadlines.
- Enter the client's financial statements and financial projections in the risk rating calculator.
- Perform financial analyses based on financial statements and financial projections, perform sensitivity analyses, and make comparisons with industry standards for this business segment.
- Identify and analyze risks associated with client activities.
- Follow up on irregularities in client portfolios.
- Follow up on the implementation of securities in accordance with credit authorization conditions.
- Participate in meetings and conference calls with clients.
- Be involved in the integrity and compliance processes (Code of Conduct, internal policies).
- Perform the work according to the practices, policies, and specific goals, while complying with current legislation and the Bank's policies, programs, and processes.
Qualifications
-
University education in a relevant field and at least three to five years of experience
-
Superior writing skills
-
Ability to work in a team environment; a positive attitude
-
Intellectual curiosity and critical thinking skills
-
Strong interest in finance and good analytical skills
-
Knowledge of the Office suite
-
Good spoken and written communication skills, English* an asset
-
Professional working proficiency in French and English languages required as position involves frequent written and oral communication on complex matters with internal and external parties in both languages.
What we have to offer
- Meaningful, paid work experience and professional skills development
- Gaining insights into the business sectors which align with your career goals
- Customized development program
- Networking and opportunities for full time work upon graduation
- Flexible & hybrid work environment to accommodate different needs
- Sense of Belongingness and a Diverse & Inclusive Culture
Open to students pursuing diploma, undergraduate, or post-graduate degrees.
Offers opportunities across diverse business lines such as finance, accounting, risk management, marketing and more!
Inclusion and Accessibility
At Laurentian Bank, we believe everyone belongs. We are committed to fostering an inclusive work environment that reflects the diversity of our customers and our communities and where everyone feels like they belong and can thrive. To this end, we encourage applications from individuals from equity-deserving groups, including Indigenous persons, racialized and persons with disabilities, marginalized genders and the 2SLGBTQIA+ community.
We strive to offer a flexible and accessible work experience that is inclusive of everyone. If at any time you need an accommodation, please let us know.
PIPEDA
We may collect, use or disclose your personal information for the purpose of establishing an employment relationship with you.
About Laurentian Bank
Laurentian Bank is a banking institution whose activities extend across Canada. The Bank serves one and a half million clients throughout the country and employs more than 2,900 individuals, which makes it a major player in numerous market segments.
The Bank caters to the needs of retail clients via its branch network based in Quebec. The Bank also stands out for its know-how among small and medium-sized enterprises and real estate developers owing to its specialized teams across Canada. Its subsidiary B2B Bank is, for its part, one of the major Canadian leaders in providing banking products and services and investment accounts through financial advisors and brokers. Laurentian Bank Securities offers integrated brokerage services to a clientele of institutional and retail investors.