Advisor, Documentation & Garanties - En

Seeing beyond numbersTM

At Laurentian Bank, we believe we can change banking for the better. Founded in Montreal in 1846, Laurentian Bank helps families, businesses and communities thrive. Today, we have over 3,000 employees working together as One Team, to provide a broad range of financial services and advice-based solutions for customers across Canada and the United States. We drive results by placing our customers first, making the better choice, acting courageously, and believing everyone belongs.

This role sits within Laurentian Bank.

As Advisor, Documentation and Securities, the incumbent plays a key role in taking responsibility for the compliance and legal documentation of finance transactions and the registration of securities.

At all times, he or she must comply with procedures and compliance and regulatory requirements, while contributing to the optimal functioning of operations and achievement of the business line’s goals. The incumbent is also responsible for maintaining the highest standard of quality for services offered to internal and external clients.

The Advisor, Documentation and Securities, frequently interacts with:

• The Business Services sales force, to prepare legal documentation in line with the financing offered to clients
• Compliance, to optimize the team’s practices and ensure that compliance requirements are met
• Credit, to validate the underlying conditions for setting up financing and securities
• Litigation, as required, to establish positioning in relation to a new business need or the impact of a new banking industry regulatory project

Responsibilities

• Review draft securities documentation and ensure their compliance with the applicable rules.
• Review participation agreements with agents to ensure their compliance with the Bank’s policies and approvals from Credit.
• Assist analysts in handling all post-disbursement client requests specific to securities, especially subordination clause, release, write-off, assignment of contract and assumption requests.
• Check requirements (KYC, regulatory, AML/ATF-FATCA compliance) and prerequisites for disbursement.
• Prepare financing offer letters, amendment agreements and closing agendas based on the Bank’s current standard documentation and templates, in compliance with the Bank’s policies and approvals from Credit.
• Perform all tasks of similar or general nature requested by his or her superior or required for the job.
• Help and guide sales force members in product delivery operational processes (from credit authorization to disbursement).
• 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 Bank’s policies and applicable laws.
• Assist analysts in sending instructions to the administrative centre so that transactions are disbursed and indexed in the Bank’s systems in compliance with the Bank’s approvals and policies.
• Help document procedures to ensure compliance with policies currently in effect and help develop new procedures according to business needs.
• Validate the release of securities in compliance with the Bank’s policies and Credit guidelines.
• Review and respond to questions from account managers regarding offer letters and amendment agreements.
• Act as a specialist and resource for the Credit, Documentation and Securities, and Sales teams, track the progress and status of issues, justify delays, and suggest necessary corrective measures.

Qualifications

• Excellent interpersonal skills
• Ability to communicate effectively both orally and in writing, in both French and English*
• DCS in Paralegal and/or relevant experience, minimum three (3) years in a financial institution
• Good knowledge of Excel, Word and Outlook (SIBL and T24, an asset)
• Excellent organizational skills, effective management of priorities and attention to detail
• 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
• Ability to evolve in a dynamic environment and manage multiple files at once
• Required Qualification - Professional working proficiency in French and English languages required as position involves frequent written and oral communication on complex matters with internal and external parties in both languages

Equity, Diversity & Inclusion

We are proud to be an equal opportunity employer and are committed to fostering an inclusive and accessible work environment that reflects the diversity of our customers and our communities. We welcome and encourage applications from individuals from all groups, including Indigenous people, women, visible minorities, and persons with disabilities, regardless of race, national or ethnic origin, colour, religion, age, sex, sexual orientation, gender identity or expression, marital status, family status, genetic characteristics, disability or any other legally-protected ground.

Accessibility

Accommodations for persons with disabilities are available upon request for job applicants taking part in all aspects of the recruitment process.

PIPEDA

We may collect, use or disclose your personal information for the purpose of establishing an employment relationship with you.