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, a subsidiary of Laurentian Bank Financial Group.
Reporting to the Assistant Vice President (AVP), the intern will be required to assimilate the knowledge necessary to understand and prepare commercial credit files. The intern will assist the Manager, Portfolio Management and Senior Account Managers in business model analysis, financial analysis, risk analysis and collateral evaluation. The position will be either based in Toronto or a remote working condition.
1 Internship position available for 1 year starting in September 2022 to September 2023
The internship is for 1 year - from September 2022 to September 2023
The intern will work closely with the Commercial Banking team & will be responsible to:
º Enter client financial statements and other financial information into the risk rating tool.
º Perform financial analysis on client financial statements and sensitivity analysis and provide recommendations or comparisons within industry and market standards.
º Complete underwriting of credit applications, amendments, and annual file reviews within the prescribed timeframe.
º Identify and analyze risks associated with client activities.
º Follow up on irregularities in client portfolios.
º Participate and collaborate during meetings or conference calls with clients and fellow peers.
º Carry out work according to specific objectives while respecting the legislation in force, the policies, programs and procedures of the Bank.
º Participate in integrity and compliance requirements (code of conduct, internal policies).
º Bachelors or Masters degree student in Finance/Accounting or related field.
º Excellent verbal and writing skills (essential).
º Ability to work in a team environment and demonstrate a collaborative/positive mindset.
º Intellectual curiosity and critical thinking skills.
º Strong interest in finance and good analytical skills.
º Knowledge of the Office suite.
º Strong inter-personal and communication skills in English.
Equity, Diversity & Inclusion
We are proud to be an equal opportunity employer and are committed to fostering an inclusive and accessible work environment that reflects the diversity of our customers and our communities. We welcome and encourage applications from individuals from all groups, including Indigenous people, women, visible minorities, and persons with disabilities, regardless of race, national or ethnic origin, colour, religion, age, sex, sexual orientation, gender identity or expression, marital status, family status, genetic characteristics, disability or any other legally-protected ground.
Accommodations for persons with disabilities are available upon request for job applicants taking part in all aspects of the recruitment process.
We may collect, use or disclose your personal information for the purpose of establishing an employment relationship with you.