Loan Administrator (Fixed Term Contract)

Infrastructure Ontario • Toronto, ON

2d • CA$66,400 - CA$89,800 • Onsite

About The Position

IO’s Loan Program is established to provide low-cost construction and long-term financing to certain eligible borrower sectors. Currently, the outstanding loan value of IO’s loan program is about $6.5 Billion, and supports billions in project value across the province of Ontario. The bulk of IO’s loan portfolio consists of loans to municipalities across Ontario. The Loan Program also provides financing to other sectors, including not-for-profit affordable housing, not-for-profit long-term care providers, municipally owned local distribution and electricity generation providers, hospices etc. Our projects are evident in nearly every municipality across the province. Consider joining this team which plays an integral role in modernizing infrastructure in your community. This position requires an individual who can manage the loan application process, short and long-term financing needs, banking transactions, internal/external requests for data, and operation of the loans systems. For further information regarding IO’s loan program, please visit: https://www.infrastructureontario.ca/Infrastructure-Lending/

Requirements

• Strong technical and analytical skills, including proficiency with Microsoft suites and other business tools.
• The ability to learn new systems and processes quickly, with minimal supervision.
• Strong organizational skills with the ability to work within tight deadlines.
• Good communication skills and the ability to work collaboratively within a team.
• Exceptional time management and prioritizations skills.
• Good communication skills and the ability to work collaboratively within a team.

Nice To Haves

• Previous experience in financial services and/or loan operations would be considered a strong asset.

Responsibilities

• Provide administrative support to the Loan Operations team, including: acting as backup for Loan Officers when they are temporarily away, lending document preparation and management, coordination of marketing events, client interaction and specific tasks and projects as assigned.
• Respond to internal and external data requests, including audit summaries for loan information and produce reports for senior management/ministries regarding the status of the loan applications and cash flow activity.
• Provide annual information statements, payment statements and interest accrual statements to clients as required.
• Administer payments for IO’s loan portfolio.
• Administer property tax payments as part of loan portfolio management duties.
• Any other tasks and responsibilities as required.

Benefits

• Commitment to creating a diverse, equitable and inclusive culture that promotes a sense of belonging and represents and reflects the needs of the communities we serve.
• A comprehensive package that covers health, dental, vision, out-of-country care, paramedical services, and more.
• Support for professional development opportunities for all colleagues through a broad range of learning programs that include in-person and online training, leadership development, and support for colleagues’ well-being.
• IO will also cover the costs associated with up to two membership and license fees per year for eligible colleagues if directly related to the employee’s role.
• Access to a suite of virtual healthcare options to support non-urgent medical needs.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed