Senior Advisor, Quality Control and Credit Risk

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

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.

The incumbent will conduct a quality control analysis of personal credit files. He/she will implement the quality control approach, draft findings and observations for Management, as well as implement and follow up on corrective measures. The incumbent will work closely with Credit and the business lines. He/she will oversee the quality of underwriting, due diligence and credit documentation.

Responsibilities

º Taking part in developing quality control and credit policy compliance procedures for the various business lines;
º Supervising the performance of quality control activities;
º Conducting quality control, compliance as well as credit regulatory controls (analysis and underwriting);
º Escalating major or unresolved non-compliance issues and situations;
º Preparing reports for Management of the Centre following control activities;
º Drafting observations and puts forth recommendations that are geared to managers regarding the controls that were performed;
º Collaborating, as needed, with the business units in developing remediation plans for identified weaknesses;
º Following-up on remediation plans;
º Documenting and updating key controls;
º Taking part in the continuous improvement of quality assurance methods and best practices;
º Collaborating in developing and updating the tools needed to conduct tests or other compliance and control tools;
º Taking part in developing credit policies, programs, procedures and strategies that contribute to the growth of his/her business unit;
º Maintaining close contact with internal and external stakeholders involved in the activities of the business unit;
º Keeping updated on current legislation and the Bank’s policies, programs and procedures and tracks market trends.

Qualifications

º Bachelor’s degree in administration or finance
º Six years’ experience in the banking and mortgage sector, including at least three years in compliance or credit
º Experience in distribution networks required
º Bilingualism, English and French (written/spoken), required
º Excellent judgement, listening and relational skills
º Excellent spoken and written communication skills
º Ability to work under pressure in a changing environment

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.