Credit Authorization Administrator
Crédit Agricole
- Montreal, QC
- $75,000-85,000 per year
- Permanent
- Full-time
8,600 employees in more than 30 countries across Europe, the Americas, Asia-Pacific, the Middle-East and North Africa, support the Bank's clients, meeting their financial needs throughout the world.
Crédit Agricole CIB offers its large corporate and institutional clients a range of products and services in capital market activities, investment banking, structured finance, commercial banking and international trade.
The Bank is a pioneer in the area of climate finance, and is currently a market leader in this segment with a complete offer for all its clients.For more information, please visit www.ca-cib.comTwitter: https://twitter.com/ca_cib
LinkedIn: https://www.linkedin.com/company/credit-agricole-cib/By working every day in the interest of society, we are a group committed to diversity and inclusion. All our positions are open to people with disabilities.Reference 2024-88955Publication date 02/05/2024Job descriptionBusiness typeTypes of Jobs - Risk Management / ControlJob titleCredit Authorization AdministratorContract typePermanent ContractJob summaryDescription of the missions linked to the job responsibilities:- Reviewing and understanding Credit Approvals
- Have an understanding of the Credit Approval process
- Ability to understand and translate the Credit Approval into the Banks Quantitative Data Model
- Ability to understand the executed Loan Documentation, especially the Credit Agreement, to look out for certain clauses that indicate borrowers, type of products, amounts, maturity dates, sub-limits that CA-CIB is involved in to ensure they are in line with the Credit Approval
- Ability to review the Closing Request submitted by the FO/MO for consistency to the executed loan structure (borrowers, products, amounts, maturity dates, sub-limits) - Modeling the signed structure in the worldwide authorizations system (BMA) and ensuring it is within the credit approval (or less risky)
- Control the Data Quality of the Authorization to allow other departments to be able to accurately monitor the Clients exposure (i.e. ability to trigger anomalies that relate to over-limits, unauthorized products, unauthorized borrower, transactions past maturity dates, etc.).
- Record Maintenance of the authorization (i.e. Renewals, Increases, Decreases, Refinancing, Extensions, Annual reviews) - Investigation of anomalies from the modeling of the signed documentation structure in the authorization system.
- Strong analytical skills
- Ability to understand and translate the Credit Approval into the Banks Quantitative Data Model
- Have an understanding of commercial products (Commitment of Commitments, Term Loans, Delayed Term Loans, Revolving Credit Facilities
- Ability to communicate with supervisor explaining the structure of the authorization as outlined in the Credit Approval and the signed documentation structure for the Operation Risk Control - Keeping the authorization current throughout the life of the transaction.