Credit Analyst -Equipment Finance Job in Toronto M3B 3P6, Ontario Canada

We are looking for an up-and-coming credit analyst to support our company’s plans for growth. Working with an experienced and professional management team, and reporting directly to the President, this role is responsible for helping to shape credit policy while undertaking credit analysis on current and prospective lease and portfolio acquisition transactions.

 

MultiSource Capital Corporation is a privately-owned, independent, Canadian equipment finance funder that sources its business exclusively from intermediaries. We are focused on ‘A’ credit quality, small and mid-ticket leases with small and medium business customers. MultiSource offers leasing brokers a funding alternative to foreign owned finance companies and large Canadian institutions.

 

This would be the perfect career move for someone who:

 

ü  Has credit experience in the equipment finance industry

ü  Is comfortable with small-ticket and mid-ticket transactions

ü  Understands and enjoys working with the broker channel

ü  Prefers to work in a highly-automated environment

ü  Wants to be a member of a small, close-knit team

ü  Relishes the opportunity to actually have the authority to make decisions and execute on them

ü  Would love to grow his/her career with a well-capitalized company on the rise

 

Primary Responsibilities

 

·         Underwrite and structure leases for current and prospective customers

·         Maintain close cross-functional partnerships on transactions

·         Communicate with leasing brokers through CreditForce and directly

·         Consider information provided by brokers to adjudicate credit applications and structure transactions

·         Take the day-to-day lead to continue developing credit policies and procedures that strike the right balance between simplicity ease of use and safeguarding the interests of the company

·         Prepare reviews using clear and concise written communication

·         Manage portofolio exposure to customers, brokers and vendors

·         Provide input to the continuing improvement of CreditForce

·         Review designated portions of the portfolio on a regular and systematic basis to minimize company exposure

·         Participate in the documentation of credit files

·         Maximize the prudent expansion of the asset base and minimizing potential losses through sound underwriting and solution-oriented credit structuring

·         Develop and promote initiatives and practices to support internal efficiency and productivity

·         Be passionate about delivering best-in-class service levels to brokers and their vendors and customers

  

Qualifications

 

The ideal candidate will possess:

·         Undergraduate degree in Commerce, Business, Accounting, Finance or similar

·         2-5 years progressive experience with a bank and/or equipment leasing company in a lending capacity with a minimum credit signature of $200,000

·         Solid understanding of financial statement analysis and credit bureau reporting

·         Experience structuring and negotiating documentation terms conditions

·         Strong written and oral communication skills

·         Ability to work effectively and cooperatively with internal colleagues as well as leasing brokers and their vendors and customers

·         Detailed knowledge of credit underwriting policies and procedures

 

Compensation

 

Competitive for experience and abilities

 

How to apply

 

If you are convinced that you are the right person for this exciting opportunity, please email your resume to Danny Lebovics, President at: info@multisourcecapital.com . Please reference CA1201 in the subject line.