Northpoint Commercial Finance
Backed by Laurentian Bank
With Northpoint's foundation and reputation in the industry built, Laurentian Bank, which has been in business for over 170 years, acquired Northpoint Commercial Finance in 2017. With over $45 billion in assets, a solid cultural alignment and variety of financing solutions, Laurentian Bank ensures stability for the foreseeable future while allowing Northpoint Commercial Finance to maintain its personal, flexible approach.
Northpoint Commercial Finance offers businesses across North America personal, flexible financing options such as inventory finance, equipment finance and asset-based lending to support their business growth needs.
The role of the Analyst is to provide support related to granting commercial financing. The Analyst is responsible for supporting the Account Executives, who are in charge of generating new transactions and managing active client portfolios in three key areas: business development, financial analysis and transaction execution.
Responsibilities
- Responsible for underwriting new credit applications received from partners (vendors, dealers, brokers and customers) as well with annual reviews and all other credit-related communications;
- Perform analysis of customers’ situation (financial statements, credit bureau, collateral gap) to formulate recommendations on financing requests;
- Perform profitability analysis for financing offered and develop pricing scenarios;
- Index company financial statements in NCF financial analysis software to determine the borrower risk profile;
- Assist NCF Account Executives in all facets of transaction processing, with a focus on improving NCF time to approval of financing opportunities;
- Prioritize and manage multiple tasks while working with tight deadlines;
- Communicate directly with partners as well as internal teams (Sales, Credit, Legal and Operations) to gain a thorough understanding of the transaction.
- Participate in managing and maintaining healthy portfolios by identifying irregular accounts and communicating with relevant parties;
- Maintain a high level of customer service and ensure consistent professional follow-up with partners;
- Communicate credit decisions to NCF partners;
- Keep updated on market trends, current legislation, and NCF’s policies, procedures, products and services;
- Perform other related duties as required.
Qualifications
- University degree in Accounting, Finance or related field and one to two years of relevant experience;
- Excellent verbal and written communication skills in French and English*;
- Excellent financial analysis and summarizing skills;
- Ability to communicate effectively with internal and external stakeholders;
- Autonomous, with a strong sense of initiative and ability to learn independently or collaboratively;
- Ability to manage several projects in a changing work environment;
- Outstanding team player;
- 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.
PIPEDA
We may collect, use or disclose your personal information for the purpose of establishing an employment relationship with you.
We also use artificial intelligence (AI) tools during parts of our recruitment process to support fair and efficient hiring decisions.
