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At Coast Capital, we’re not dreaming about a better future, we’re building one.

As a member-owned cooperative, we’re helping our members with their real goals and real challenges so they can live the real life they want. It’s what we’ve been doing for over 80 years, and it’s why today we stand almost 600,000 members strong. Plus, we invest 10% of our budgeted profits back into our community – almost $90 million since 2000 alone – because when our members do well, we believe our communities should do well too.   

Syndicated Lending Operations Associate

Mar 22, 2025

Location(s): Toronto - GTA, Calgary, Surrey and Vancouver - Lower Mainland

Job Type: 12-month (FIXED TERM)

myWork Options: In-person, Hybrid

Starting Salary Range: $28.51 to $34.21 per hour

Background Screening Requirement: 

  • Enhanced Criminal Record Check
  • Credit Check 
  • Identity Verification 
  • Employment Verification
  • References

 

Job Purpose
The Syndicated Lending Operations Associate is part of the Commercial Lending Operations team.  The role serves Coast Capital Savings (CCS) syndicated and mezzanine financing portfolio.  They work collaboratively with the Assistant Manager, Syndication, & Mezzanine Services to drive high-quality standards, risk management, and strong data integrity.  This individual will contribute to syndication projects as a subject matter expert and will educate, train, and develop team members. They work well in a fast-paced, complex, and high-volume environment.

 

Accountabilities

  • Examines and interprets Inter-Lender Agreements to determine the deal structure, including which products and values are assigned to each financial institution.
  • Strategizes with the Assistant Manager on utilizing syndication systems to support necessary products.
  • Facilitates discussions with Senior Account Managers/Directors on deal structure and problem-solving.
  • Lead discussions with partner FI’s Agency teams for monthly accounting, including the split of draws, payments, and interest.
  • Calculate splits for each participating FI for draws, payments, fees, and payouts, and coordinate & reconcile the associated wire transfers and payment notices.
  • Processes and reconciles ongoing carve-out portions of the loans, redistributing and re-calculating the payments and fees as needed to the other partners while ensuring total commitment is not exceeded.
  • Reconciliation of FX (USD-CAD) lending on participant files, noting associated USD products are not available in our systems.
  • Sets up and reconciles with partner FI’s of Bankers’ Acceptance loans.
  • Performs banking system transactions for account creation, funding, renewals, payouts, and complex loan maintenance (i.e., payment adjustments) necessitated by the fact that each FI’s calculations differ from each other.  Non-loan activities such as membership and Vostro account creation are also required.
  • Technical knowledge of the following systems: T24, Syndtrak, Syndication Admin Tool, and SharePoint. This includes day-to-day use and manipulation to suit unsupported transactions.
  • Provide technical expertise, guidance, coaching and training for other team members in similar roles or with similar/comparable work.

 
Skills & Qualifications

  • Minimum 4-6 Years of job-related experience.
  • The incumbent must have 4-6 years of syndicated commercial lending administration experience and be conversant with CCS lending products, services, policies, and procedures.
  • Must possess strong communication skills, using tact and problem-solving skills to assist and support staff at all levels.
  • Solid knowledge of banking operations, including risk management controls, techniques, and practices in an administrative environment.
  • Solid proficiency with banking systems.
  • Solid proficiency in MS Office applications & Syndtrak.
  • Strong knowledge of commercial procedures, processes, and practices as well as commercial lending products and services.
  • Working knowledge of lending policy.
  • Advanced critical thinking and decision-making skills.
  • Advanced ability to analyze and interpret large amounts of information applied and re-configure concepts and strategies.

 

Equity, Diversity & Inclusion at Coast Capital

Don’t meet every single requirement? At Coast Capital, we believe everyone has potential. We are committed to building better, brighter, more inclusive futures for everyone – including our employees. We see the potential in our employees to achieve amazing things and want to invest in your future. If you’re excited about this career opportunity and your experience may not perfectly align with every qualification in this job posting, we still encourage you to apply. You may be just the right candidate for this or other opportunities at Coast Capital.

 

At Coast Capital, we are committed to equity, diversity and inclusion. We strongly encourage applications from Indigenous Peoples, Black, and racialized persons, persons with disabilities, people of diverse sexual and gender identities and women. We value applicants who have demonstrated a commitment to equity, diversity and inclusion and recognize that diverse perspectives, experiences and expertise benefit of our employees, our members, and our community.

 

We strive to provide an accessible candidate experience for our candidates with different abilities. If you require any accommodations, please contact accessibility@coastcapitalsavings.com or call 778-391-5836. We will work with you to meet your needs.  

 

Why join Coast Capital Savings?

  • Purpose is our North Star. We look at everything through our purpose. It informs the advice we provide our members, the experiences and products we create, and the programs we build to support our employees and communities.
  • Committed to inclusion and engagement. We have an ongoing focus on equity, diversity, and inclusion and routinely track how we’re doing, and what we need to do to keep improving. We foster a culture where everyone can feel safe to be who they really are and thrive.
  • A career that grows with you. We believe in developing our people and promoting from within. Many employees have spent decades, and sometimes their entire careers, with Coast Capital and have progressed from the frontlines to senior leadership.
  • Work where you’re most effective. In 2020 the world changed, and that includes how we work. In response to COVID-19 we launched myWork, which gives employees flexibility in where they work based on the nature of their role.
  • Benefits that flex to the needs of you and your family.  We offer comprehensive, customizable benefits for you and your family, so you can choose what fits best for you and your lifestyle.
  • Retirement options. We also take care of our employees once they retire. That’s why we offer the choice of a defined contribution or defined benefit pension plan or RSP’s.
  • Mortgage and auto financing benefits. Employees save thousands on their mortgages and auto loans with best-in-category benefits.
  • Real Recognition. We recognize excellence throughout the year, through an online community that lets employees give kudos and thanks throughout the year.  We’re human, which means we like to have fun with events, celebrations, and recognition throughout the year.
  • An award winning culture. We’re a Platinum member of Canada’s Best Managed Companies and are regularly recognized by Canada’s Most Admired Corporate Cultures and the BC Top Employers Awards.
  • We reinvest 10% back into the community. When we do well, our communities do well. That’s why since 2000 we’ve invested over $90 million into our member’s communities. 
  • Double your impact. Through our employee volunteer program, Coast Capital donates $10 for every hour you volunteer to a Canadian charity or non-profit of your choice.

D&I at Coast

At Coast Capital, we value diversity, equity and inclusion. We’re not all the same and we like it that way. We don’t just accept differences - we celebrate, support, and we thrive on them for the benefit of our employees, our members, and our community. We are committed to building a team that represents a variety of backgrounds, perspectives, and skills.
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