Documentation and securities advisor

  • Company:
    Banque Laurentienne
  • Location:
  • Salary:
    negotiable / month
  • Job type:
    Full-Time
  • Posted:
    2 days ago
  • Category:

Job Description

Founded in 1846, Laurentian Bank Financial Group (LBCFG) is a diversified financial services provider whose mission is to help its customers improve their financial health. The Laurentian Bank of Canada and its entities are collectively referred to as Laurentian Bank Financial Group (the “Group” or the “Bank”).

With more than 2,900 employees guided by the values of proximity, simplicity and honesty, the Group provides a broad range of advice-based solutions and services to its personal, business and institutional customers. With pan-Canadian activities and a presence in the U.S., the Group is an important player in numerous market segments.

This role sits within Laurentian Bank, a subsidiary of Laurentian Bank Financial Group.

As part of the Legal and Compliance Team, you will support the sales force related to legal aspects of their equipment financing transactions. Will also be involved in syndication and indirect financing.

In collaboration with your manager and internal groups, you will document procedures to ensure compliance with policies applicable to LBC Capital Inc.(“LBCC”). At all times, you must comply with procedures and regulatory requirements, while contributing to the optimal functioning of operations and achievement of the business line’s goals.

Responsibilities

º Draft and negotiate various equipment financing agreements, security documents and closing agendas in compliance with LBCC policies and approvals from Credit
º Register moveable/personal property security at appropriate registries
º Review and approve conditions precedent before disbursement and send funding instructions
º Liaise with external lawyers regarding the granting and execution of their mandates
º Review and negotiate, assignment and participation agreements with syndicated partners
º Confirm the validity and perfection of security in the context of equipment financing transaction
(at the time of origination and in the context of corporate reorganization)
º Coordinate and handle all post-disbursement requests related to security, especially subordination clause, release, write-off, assignment of contract and assumption
º Review compliance and regulatory requirements
º Provide guidance to account executives and analysts with respect to the legal aspects of their transactions and security perfection
º Identify ways to improve our business processes in relation to product delivery, submit recommendations and participate actively in developing and implementing new procedures to improve the business unit’s efficiency, while complying with the LBCC policies and
applicable law
º Keep updated on current legislation and the LBCC’S policies and procedures; track market trends
º Perform all tasks of similar or general nature requested by his or her superior or required for the job.

Qualifications

º Bachelor’s degree in law and relevant experience, minimum three (3) years in a financial institution
º Excellent knowledge of laws applicable to commercial financing and security perfection (moveable and immoveable in Québec and real and personal property in the PPSA jurisdictions
º Excellent knowledge of equipment financing through leasing
º Ability to evolve in a dynamic environment and manage multiple files at once
º Excellent organizational skills, effective management of priorities and attention to detail
º Ability to communicate effectively both orally and in writing
º Knowledge of civil and common law.
º Bilingual.

Additional Information

We welcome and encourage applications from individuals from all groups, including aboriginal, women, visible minorities, and persons with disabilities, regardless of race, ethnicity, sexual orientation, creed, family status, national origin, age and gender.