Pause
Lecture
Moteur de recherche d'offres d'emploi Crédit Agricole CIB

Credit Authorization Administrator


Vacancy details

General information

Entity

About Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB)

Crédit Agricole CIB is the corporate and investment banking arm of Crédit Agricole Group, the 10th largest banking group worldwide in terms of balance sheet size (The Banker, July 2022).
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.com

Twitter: 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

2024-88955  

Update date

02/05/2024

Job description

Business type

Types of Jobs - Risk Management / Control

Job title

Credit Authorization Administrator

Contract type

Permanent Contract

Job summary

Description 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.

Supplementary Information

Salary Range: $75k-85k

Position location

Geographical area

America, Canada

City

Montreal

Candidate criteria

Minimal education level

Bachelor Degree / BSc Degree or equivalent

Level of minimal experience

3-5 years

Experience

Commercial Back Office experience or Administration/analysis of commercial transactions

Required skills

  • 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.