Loan Officer, Commercial Banking Department
Top Benefits
About the role
Department / Branch: Commercial Banking Department
Reports To: Regional Head, Eastern Canada
Employment Type: Full-Time Permanent / Contract
Location: Richmond Hill Office
General Accountabilities:
- Provide comprehensive support to the Regional Head, Eastern Canada, and the Commercial Banking Department (CMB) Toronto Team in all corporate banking business matters and departmental activities.
- Compile, consolidate, and prepare various business-related reports, lists, feedback, research, and other materials as required by Senior Management, mid-office departments, and the Parent Bank.
Specific Accountabilities:
1. Daily Operations
1.1 Perform the daily operations of loan transactions, including drawdowns, repayment, repricing, conversion, as well as deposit and account-related activities, ensuring secure and accurate utilization of funds.
1.2 Prepare and consolidate business reports, lists, feedback, market research, and ad hoc reports for internal and external stakeholders, including Senior Management and the Parent Bank.
1.3 Conduct market research and gather intelligence to develop a pipeline of potential corporate banking clients. Identify opportunities for business development, product innovation, and marketing initiatives.
1.4 Maintain and manage both physical and electronic filing systems for the CMB Toronto office. Support Senior Business Managers and Business Managers in uploading e-files into the Bank’s Imaging System and ensuring proper safekeeping of documentation.
2. Internal Control
2.1 Comply with regulatory control standards and proactively identify and manage risks related to client relationships, including credit, operational, fraud, and anti-money laundering (AML) risks.
2.2 Conduct Client Relationship Risk Assessments (CRA) and perform periodic reviews to ensure compliance with AML and Anti-Terrorist Financing (ATF) regulations and internal controls.
2.3 Maintain up-to-date knowledge of and adherence to the Bank’s policies and procedures across various functional areas.
2.4 Act as the first point of contact for resolving customer complaints in accordance with the Bank’s Customer Complaint Resolution Process.
2.5 Ensure timely and accurate updates of client and business records across all relevant systems and shared drives, as well as the proper filing of hard copies in compliance with internal procedures.
3. Administration
3.1 Perform additional tasks and responsibilities as assigned by Regional Head, Eastern Canada.
Qualifications:
- Undergraduate or above in Finance, commerce, economics or related fields.
- Minimum of 1 year of related banking experience in Commercial Banking, Corporate Banking, Credit Adjudication, and/or Credit Underwriting.
- Strong knowledge of commercial and retail lending policies and procedures.
- Strong analytical and problem-solving skills.
- Effective marketing and time management abilities.
- Strong verbal and written communications skills in English. Proficiency in Chinese is considered an asset.
- CFA, CA, CPA, MBA or CDCS certifications are considered assets.
Job Types: Full-time, Permanent, Fixed term contract
Contract length: 6 months
Additional pay:
- Bonus pay
- Overtime pay
Benefits:
- Company pension
- Dental care
- Disability insurance
- Employee assistance program
- Extended health care
- Life insurance
- Paid time off
- Tuition reimbursement
- Vision care
Schedule:
- Day shift
- Monday to Friday
Education:
- Bachelor's Degree (preferred)
Experience:
- Commercial Banking/Corporate Banking: 1 year (preferred)
Work Location: In person
About Industrial and Commercial Bank of China (Canada)
Industrial and Commercial Bank of China (Canada) ("the Bank") is a Canadian chartered bank that provides comprehensive retail and corporate banking services. The name of the Bank is changed from the previously known The Bank of East Asia (Canada) since July 2, 2010. The Bank's new name reflects the relationship with its parent, Industrial and Commercial Bank of China Limited, the world's largest bank by market capitalization, deposits and profitability. We are dedicated to growing our business and making sure we continue to meet and exceed our customers' needs and expectations. We now operate a network of seven branches in Toronto and Vancouver.
With the support of strong management, leading technology, wide range of products and services and capital from the parent bank, the Bank will be actively engaged in serving both Canadian and Chinese clients while promoting bilateral trades and economic activities between Canada and China. Adhering to integrity, discipline and customer oriented business philosophy of the parent bank, the Bank will strive to become a new bridge for Sino-Canada trade and economic exchanges and a new platform for bilateral financial exchanges and cooperation.
Loan Officer, Commercial Banking Department
Top Benefits
About the role
Department / Branch: Commercial Banking Department
Reports To: Regional Head, Eastern Canada
Employment Type: Full-Time Permanent / Contract
Location: Richmond Hill Office
General Accountabilities:
- Provide comprehensive support to the Regional Head, Eastern Canada, and the Commercial Banking Department (CMB) Toronto Team in all corporate banking business matters and departmental activities.
- Compile, consolidate, and prepare various business-related reports, lists, feedback, research, and other materials as required by Senior Management, mid-office departments, and the Parent Bank.
Specific Accountabilities:
1. Daily Operations
1.1 Perform the daily operations of loan transactions, including drawdowns, repayment, repricing, conversion, as well as deposit and account-related activities, ensuring secure and accurate utilization of funds.
1.2 Prepare and consolidate business reports, lists, feedback, market research, and ad hoc reports for internal and external stakeholders, including Senior Management and the Parent Bank.
1.3 Conduct market research and gather intelligence to develop a pipeline of potential corporate banking clients. Identify opportunities for business development, product innovation, and marketing initiatives.
1.4 Maintain and manage both physical and electronic filing systems for the CMB Toronto office. Support Senior Business Managers and Business Managers in uploading e-files into the Bank’s Imaging System and ensuring proper safekeeping of documentation.
2. Internal Control
2.1 Comply with regulatory control standards and proactively identify and manage risks related to client relationships, including credit, operational, fraud, and anti-money laundering (AML) risks.
2.2 Conduct Client Relationship Risk Assessments (CRA) and perform periodic reviews to ensure compliance with AML and Anti-Terrorist Financing (ATF) regulations and internal controls.
2.3 Maintain up-to-date knowledge of and adherence to the Bank’s policies and procedures across various functional areas.
2.4 Act as the first point of contact for resolving customer complaints in accordance with the Bank’s Customer Complaint Resolution Process.
2.5 Ensure timely and accurate updates of client and business records across all relevant systems and shared drives, as well as the proper filing of hard copies in compliance with internal procedures.
3. Administration
3.1 Perform additional tasks and responsibilities as assigned by Regional Head, Eastern Canada.
Qualifications:
- Undergraduate or above in Finance, commerce, economics or related fields.
- Minimum of 1 year of related banking experience in Commercial Banking, Corporate Banking, Credit Adjudication, and/or Credit Underwriting.
- Strong knowledge of commercial and retail lending policies and procedures.
- Strong analytical and problem-solving skills.
- Effective marketing and time management abilities.
- Strong verbal and written communications skills in English. Proficiency in Chinese is considered an asset.
- CFA, CA, CPA, MBA or CDCS certifications are considered assets.
Job Types: Full-time, Permanent, Fixed term contract
Contract length: 6 months
Additional pay:
- Bonus pay
- Overtime pay
Benefits:
- Company pension
- Dental care
- Disability insurance
- Employee assistance program
- Extended health care
- Life insurance
- Paid time off
- Tuition reimbursement
- Vision care
Schedule:
- Day shift
- Monday to Friday
Education:
- Bachelor's Degree (preferred)
Experience:
- Commercial Banking/Corporate Banking: 1 year (preferred)
Work Location: In person
About Industrial and Commercial Bank of China (Canada)
Industrial and Commercial Bank of China (Canada) ("the Bank") is a Canadian chartered bank that provides comprehensive retail and corporate banking services. The name of the Bank is changed from the previously known The Bank of East Asia (Canada) since July 2, 2010. The Bank's new name reflects the relationship with its parent, Industrial and Commercial Bank of China Limited, the world's largest bank by market capitalization, deposits and profitability. We are dedicated to growing our business and making sure we continue to meet and exceed our customers' needs and expectations. We now operate a network of seven branches in Toronto and Vancouver.
With the support of strong management, leading technology, wide range of products and services and capital from the parent bank, the Bank will be actively engaged in serving both Canadian and Chinese clients while promoting bilateral trades and economic activities between Canada and China. Adhering to integrity, discipline and customer oriented business philosophy of the parent bank, the Bank will strive to become a new bridge for Sino-Canada trade and economic exchanges and a new platform for bilateral financial exchanges and cooperation.