Credit Support Officer, Corporate Banking Butterfield Support Services (Halifax) Limited in Halifax, NS 2 days ago

Reporting to the Vice President (VP) Senior Relationship Manager, the Credit Support Officer will be responsible for effectively overseeing and managing all daily credit related operations, duties and related projects within the Corporate Banking department. Primary functions will include collaborating with Lending Officers and Relationship Managers within Butterfield to manage the control of credit quality within the Corporate Banking departmet

About the Team

Butterfield’s Corporate Banking team provides dedicated service to corporate clients across a diverse range of sectors, from local businesses to multi-national corporations and financial institutions. We provide tailored financial services and advice to help our clients thrive and grow. As a global team, we are able to provide direct access to a range of corporate financial services, such as accounts, investments and corporate financing.

Responsibilities

• ensuring compliance with all credit documentation, including legal requirements prior to the advancement of funds
• developing and maintaining a thorough knowledge of banking and lending rules, guideline and regulations, including Butterfield’s Policies and Procedures
• monitoring and submitting all required department reporting in a timely manner
• preparing monthly and annual file reviews in accordance with internal and regulatory standards, whilst ensuring that the department’s file reviews are compliant with the Commercial Loans Procedure Manual Policy and Procedures
• providing management and oversight to the Corporate Banking Administrator with the file review process
• performing financial statement analysis and drafting other credit related memoranda as needed on all assigned credits
• drafting or obtaining attorney instruction, facility letters, or other transaction documents in accordance with Butterfield’s Policies and Procedures
• reviewing, coordinating and overseeing the funding/disbursement of new and existing credit facilities within an authorized limit
• work with Relationship Managers, Attorneys and Credit Operations to ensure the post-closing documentation, review and tracking
• providing on-going credit control support by following up with Borrowers and/or Relationship Managers to obtain financial statements, insurance confirmation and other pertinent information as required

Qualifications

• an under-graduate degree in Business, Finance or Accounting (or associated field), along with three years recent and progressive experience or equivalent credit/lending environment
• thorough knowledge and understanding of Bank Credit Policy and guidelines, risk assessment and an awareness of relevant legislation
• strong understanding of commercial credit and financial analysis techniques
• strong ability to assimilate new information and apply it to day-to-day activities
• demonstrable ability to handle highly confidential material in a professional manner
• excellent interpersonal and client verbal and written communication skills
• strong organizational skills, with the ability to work under pressure to ensure that client needs are effectively met
• the ability to work effectively independently using initiative, with strong attention to detail skills
• proficient in Microsoft Suite of Applications

Work With Us

Butterfield is a leading, independent offshore bank and trust company. With more than 1,200 financial services professionals across ten international jurisdictions, the Butterfield experience is enhanced by robust learning and development opportunities and comprehensive benefits. Guided by our core values-approachable, collaborative, empowered and impactful-we provide a respectful environment where we value the diversity of our employees and the talents and experiences they bring. With a 160-year tradition of service excellence we empower individuals to achieve their potential and make a positive impact on our business, our clients and our communities.