Job description

CFC Canada

169 Ironwood Dr., Amherstburg, Ontario, N9V 3V3

We are currently searching for an experienced finance and credit administrator.

Location of work: Remotely, on-site, and travel

Responsibilities include:

1. Field Examinations (Remote and On-Site):

• Perform detailed examinations of borrower companies, both remotely and through travel to client sites across Canada and potentially the U.S.
• Collect and review documentation including financial statements, general ledgers, accounts receivable aging reports, inventory records, and operational data.
• Validate collateral such as accounts receivable, inventory, and fixed assets, ensuring they meet the lending institution’s requirements and loan covenants.
• Review and examine financial services and institutions to ensure compliance with governing legislation and regulation

       2.Financial Analysis and Credit Risk Assessment:

• Analyze financial statements to assess the borrower’s liquidity, solvency, and overall financial health.
• Identify risks such as declining sales, concentration issues, fraud indicators, or poor internal controls.
• Make professional judgments about the reliability of reported financials and the adequacy of collateral.

       3. Report Preparation and Recommendations:

• Prepare comprehensive examination reports that summarize findings, highlight risks, and provide actionable recommendations for lenders.
• Ensure that reports are accurate, well-documented, and comply with client-specific guidelines and industry standards.

       4. Client and Team Collaboration:

• Communicate regularly with CFC internal team members to coordinate work and share insights.
• Interact directly with clients (lenders and borrowers) to gather information, clarify data discrepancies, and present preliminary findings.
• Maintain professionalism and confidentiality throughout all client engagements.

      5. Regulatory Compliance and Industry Knowledge:

• Monitor client investments.
• Keep up to date with industry trends, changes in accounting standards, and regulatory developments related to commercial lending and collateral auditing.
• Apply this knowledge to enhance examination quality and maintain alignment with best practices.
• Review and examine banks, trust companies, credit unions, caisses populaires, credit companies, real estate companies, insurance companies, pension funds, securities brokers and other financial services and institutions to ensure compliance with governing legislation and regulations.

       6. Travel and Field Presence:

• Travel regularly across assigned regions (primarily within Canada, with potential cross-border travel) to perform on-site examinations, particularly where collateral verification and operational walkthroughs are required.

Work Setting:

• Bank or caisse populaire
• Private company, corporation or industry
• Financial services industry
• Internship

Supervision:

•  Intership

Computer and technology knowledge:

• Bloomberg Terminal
• Quick Books
• Desktop publishing software
• MS Office

Area of specialization:

• Financial planning
• Financial examination
• Financial investigation

Personal suitability:

• Accurate, dependability
• Excellent oral communication
• Organized
• Team player and adaptability

Work conditions and physical capabilities

• Tight deadlines
• Attention to details
• Large caseload

Terms of Employment:

Permanent Position/30.00 hours per week

Hours of work:

Monday-Friday 10:00 am- 4:00 pm

Language of work:

English

Requirements

• 3 years to less than 5 years
• A bachelor's degree in business administration, commerce, economics or a related field
• Any training programs and courses offered by financial institutions and organizations such as the Canadian Securities Institute, Institute of Canadian Bankers, CFA Institute, Investment Funds Institute, and Trust Companies Institute of Canada are considered an asset.

Security and safety

• Criminal record check

Salary:  

CAD$ 36.00 per hour

Benefits

Financial benefits

• Bonus

Other benefits

• Other benefits
• Paid time off (volunteering or personal days)

Contact Information:

Email: cfccanadajobs@outlook.com

As an equal opportunity employer CFC Canada is proud to welcome all qualified individuals including but not limited to Indigenous persons, vulnerable youth, persons with disabilities, newcomers and asylum seekers with valid work permits.

Anyone who can legally work in Canada can apply for this job. If you are not authorized to work in Canada, please do not apply for this job application.