Advisor documentation and securities
City : Montreal
Category : Full Time
Industry : Financial Services
Employer : Laurentian Bank
Seeing beyond numbers.TM
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 2,800 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 part of the documentation and securities department, you will support the sales force related to legal aspects of their financing transactions. Will also be involved in syndication and indirect financing.
In collaboration with your manager and internal groups, you will document procedures to ensure compliance with policies applicable to LBC. At all times, you must comply with procedures and regulatory requirements, while contributing to the optimal functioning of operations and achievement of the business line's goals.
This role sits within Laurentian Bank.
As part of the documentation and securities department, you will support the sales force related to legal aspects of their financing transactions. Will also be involved in syndication and indirect financing.
In collaboration with your manager and internal groups, you will document procedures to ensure compliance with policies applicable to LBC. At all times, you must comply with procedures and regulatory requirements, while contributing to the optimal functioning of operations and achievement of the business line's goals.
Responsibilities
- Draft and negotiate various equipment financing agreements, security documents and closing agendas in compliance with LBC policies and approvals from Credit
- Register moveable/personal property security at appropriate registries
- Review and approve conditions precedent before disbursement and send funding instructions
- Liaise with external lawyers regarding the granting and execution of their mandates
- Review and negotiate, assignment and participation agreements with syndicated partners
- Confirm the validity and perfection of security in the context of equipment financing transaction (at the time of origination and in the context of corporate reorganization)
- Coordinate and handle all post-disbursement requests related to security, especially subordination clause, release, write-off, assignment of contract and assumption
- Review compliance and regulatory requirements
- Provide guidance to account executives and analysts with respect to the legal aspects of their transactions and security perfection
- 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 LBC policies and applicable law
- Keep updated on current legislation and the LBC policies and procedures; track market trends
- Perform all tasks of similar or general nature requested by his or her superior or required for the job
Qualifications
- Bachelor's degree in law and/or DCS in Paralegal and/or relevant experience, minimum three (3) years in a financial institution
- 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
- Excellent knowledge of equipment financing through leasing
- Ability to evolve in a dynamic environment and manage multiple files at once
- Excellent organizational skills, effective management of priorities and attention to detail
- Ability to communicate effectively both orally and in writing, english and french*
- Knowledge of civil and common law
*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
What Laurentian Bank has to offer you
The total compensation offered by Laurentian Bank encompasses a comprehensive range of benefits, highlighting our commitment to the well-being and success of our employees.
Here are some of the key points of our offering:
- The actual annual base salary offered will take into account internal equity, skills, and experience among other factors.
- Total compensation: Earn a comprehensive compensation package that includes annual reviews and performance-based bonuses.
- Work model: We prioritize a hybrid work model based on business needs.
- Stock purchase plan: Become not just an employee, but a Laurentian Bank shareholder. Employer matching takes your investment even further.
- Time off: In addition to paid vacation, we provide floating days and leave options to accommodate the diverse needs of our employees. Plus, as an extra perk, you also get a paid day off to celebrate your birthday.
- Health and wellness: Take care of your health and well-being with access to healthcare professionals, our Employee and Family Assistance Program (EFAP), and a Stress Management and Well-Being Program.
- Group insurance and pension: We offer a competitive insurance program based on your family’s needs and a defined contribution pension plan to help prepare for your future.
- Financial benefits: As a Laurentian Bank employee, you’re also the best ambassador for our products and services. Take advantage of employee-only offers on a wide range of products. Enjoy exclusive deals and preferred rates on products and services including insurance, hotels, train tickets, spas and many more.
We are committed to creating a fulfilling professional environment where your skills are valued, and your well-being is a priority. Join us for a rewarding career at Laurentian Bank.
Inclusion and Accessibility
At Laurentian Bank, we believe everyone belongs. We are committed to fostering an inclusive work environment that reflects the diversity of our customers and our communities and where everyone feels like they belong and can thrive. To this end, we encourage applications from individuals from equity-deserving groups, including Indigenous persons, racialized and persons with disabilities, marginalized genders and the 2SLGBTQIA+ community.
We strive to offer a flexible and accessible work experience that is inclusive of everyone. If at any time you need an accommodation, please let us know.
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