Credit Officer (contract)

Job summary

The Credit Officer monitors, reviews, and approves daily retail credit requests and transactions while ensuring compliance with regulatory requirements and firm policies. They are responsible for administering various financial transactions including wire transfers, security withdrawals, and journal entries.

Job details

About Us: As a leading Canadian wealth management organization, Richardson Wealth offers the personal touch of a boutique firm while delivering big results. With offices across the country, we are home to some of Canada’s best investment advisors. We’ve embarked on an exciting growth phase – a multi-year transformational journey to enhance our entrepreneurial, high-performing, advisor-centric culture. Position Overview The Credit Officer works with a small tight knit team of other Credit professionals to monitor, review, and approve daily retail credit requests and transactions submitted by the Advisor Teams, ensuring compliance with Regulatory requirements and Firm policies, and while avoiding unreasonable risk that may result in financial losses. This is an existing vacancy. Duties and Responsibilities The Credit Officer reviews, approves, and/or administers: • Cheque/EFT withdrawals and Wire transfers, including on margin (within approved limits) • Third party payments • Security withdrawals • Capital calls • Delivery or Receive Against Payment (DAP / RAP) transactions • Stock options or warrants exercise • Charitable donations • Journal entries (i.e. moving cash and/or securities between accounts) • Write offs • Interest adjustments • Daily delinquent cash account reporting and supervision • Daily short reporting and supervision Qualifications • A good understanding of the Securities Industry (relevant job experience or completion of the Canadian Securities Course will be considered • High proficiency in Microsoft Office, including Outlook, Excel, and Word • Experience with Dataphile is desired • Strong verbal and written communication skills • Strong problem solving and analytical ability • Excellent time management and prioritization skills Education • Post-secondary degree/diploma or relevant job experience The expected annualized base salary range for this role is $60,000 - $65,000. This a contract opportunity. The actual salary offered will take into consideration a wide array of factors including, but not limited to, the individual’s skill, experience, education and training, and the consideration of internal equity. Why Apply: Our firm is only as good as the people who work here. Our employees are exceptional because they combine in-depth expertise with enthusiasm, and empathy. From our front office talent to our colleagues behind the scenes, we have one focus: to ensure our people thrive here more than anywhere else. Are you innovative, self-driven, and client-centric? If so, we’re ready to invest in you. Richardson Wealth is an equal opportunity employer and committed to providing a diverse, equitable and inclusive environment. We are happy to meet your individual needs in keeping with the Canadian Charter of Rights and Freedoms and the Accessibility for Ontarians with Disabilities Act. Candidates may request accommodation at any point during the interview process.

What you’ll do

The Credit Officer monitors, reviews, and approves daily retail credit requests and transactions while ensuring compliance with regulatory requirements and firm policies. They are responsible for administering various financial transactions including wire transfers, security withdrawals, and journal entries.

Requirements

Candidates should have a good understanding of the securities industry and proficiency in Microsoft Office, with experience in Dataphile being desired. A post-secondary degree or diploma, or relevant job experience, is required for this position.

Listed skills

• Time management · Preferred
• Problem solving · Preferred
• Microsoft Excel · Preferred
• Microsoft Office · Preferred
• Microsoft Word · Preferred
• Microsoft Outlook · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Credit analysis
• Regulatory compliance
• Risk management
• Securities industry knowledge
• Microsoft Office
• Outlook
• Excel
• Word
• Dataphile
• Verbal communication
• Written communication
• Problem solving
• Analytical ability
• Time management
• Prioritization
• Empathy
• Analytical Skills
• Microsoft Excel
• Communication
• Equities
• Front Office
• Innovation
• Problem Solving
• Microsoft Outlook
• Wealth Management
• Time Management
• Securities (Finance)
• Enthusiasm

Job areas

• Finance & Accounting
• Management & Leadership
• Administrative
• Credit Officer
• Credit and Loans Officers
• Credit Authorizers, Checkers, and Clerks