Operations Officer - 59013

We are seeking analytical, detail-oriented professionals to join a dynamic Commercial Credit Operations team as an Operations Officer II. In this critical back-office operational role, you will be responsible for evaluating, analyzing, and underwriting annual credit reviews for commercial borrowers across diverse industries across Canada.

If you are eager to build hands-on expertise in commercial banking, corporate financial statement analysis, risk assessment, and lending compliance, this role offers an ideal platform to advance your career in financial services.

Position: Operations Officer II
Location: Downtown Toronto, ON (Hybrid: 4 days on-site, 1 day work-from-home)
Contract Duration: 6-Month Contract (Strong potential for extension and conversion)
Schedule: Monday to Friday, 8:30 AM – 5:00 PM (Full-Time)
Work Model: 100% Back-Office
Pay Rate $25.48

Advantages
Career Growth & Industry Exposure: Gain direct exposure to Canadian commercial banking operations, diverse corporate credit structures, risk-rating assessments, and lending policies.
Conversion Potential: High-performing individuals have strong opportunities for contract extension and full-time permanent conversion.
Structured Onboarding: Receive 2 weeks of dedicated, on-site, comprehensive training to set you up for success.
Hybrid Flexibility: Enjoy a predictable schedule with 4 days in a state-of-the-art Downtown Toronto office and 1 fixed work-from-home day per week.
Collaborative Culture: Work within a supportive, inclusive, and high-energy team environment of 10–15 professionals focused on mutual success.

Responsibilities
As an Operations Officer II, you will manage day-to-day operational support and underwriting tasks to ensure timely, accurate credit reviews during peak volume cycles:
Credit Analysis & Reviews: Evaluate and validate commercial borrowers based on pre-established lending criteria; underwrite annual credit reviews in accordance with established credit policies and procedures.
Risk Rating Assessment: Accurately calculate and assign Borrower Risk Ratings (BRR) and Facility Risk Ratings (FRR) in compliance with commercial lending frameworks.
Data Integrity & Compliance: Input detailed borrower and credit facility data into banking systems, maintaining a strict target of 100% accuracy to uphold regulatory standards.
Credit Recommendations: Apply sound financial judgment when recommending credit facility renewals, deal structure amendments, and policy waivers.
Internal Stakeholder Collaboration: Liaise directly with commercial Account Managers and internal partners via professional written and verbal channels to gather file details and resolve inquiries (no direct retail customer contact).
Performance Standards: Maintain consistent daily output to meet strict Service Level Agreements (SLAs) while prioritizing accuracy and compliance.

Qualifications
Must-Have Requirements:
Education: Post-secondary degree in Commerce, Business Administration, Accounting, Finance, or equivalent practical credit analysis experience.
Financial Literacy: Proven ability to read, interpret, and analyze corporate balance sheets, income statements, and cash flow reports.
Technical Proficiency: Strong working knowledge of Microsoft Office Suite (Word, Excel, Outlook).
Analytical Precision: Exceptional attention to detail, strong data entry accuracy, and critical thinking capabilities.
Work Style: Ability to thrive in a high-volume, fast-paced environment, working both independently with minimal supervision and cohesively within a team.
Nice-to-Have Assets:
1+ years of experience in banking, financial services, or back-office credit operations.
Prior coursework or working background in corporate finance, financial statement analysis, or credit underwriting.

Additional Details
Interview Process:
Round 1: On-site technical skills assessment evaluating your ability to read and understand business financial statements (held in Markham, ON).
Round 2: In-person interview with hiring managers located in Downtown Toronto for candidates who pass Round 1.
Training: 100% on-site for the first two weeks in Downtown Toronto.

Summary
If you are interested in the operations officer role please apply online today!

Randstad Canada is committed to fostering a workforce reflective of all peoples of Canada. As a result, we are committed to developing and implementing strategies to increase the equity, diversity and inclusion within the workplace by examining our internal policies, practices, and systems throughout the entire lifecycle of our workforce, including its recruitment, retention and advancement for all employees. In addition to our deep commitment to respecting human rights, we are dedicated to positive actions to affect change to ensure everyone has full participation in the workforce free from any barriers, systemic or otherwise, especially equity-seeking groups who are usually underrepresented in Canada's workforce, including those who identify as women or non-binary/gender non-conforming; Indigenous or Aboriginal Peoples; persons with disabilities (visible or invisible) and; members of visible minorities, racialized groups and the LGBTQ2+ community.

Randstad Canada is committed to creating and maintaining an inclusive and accessible workplace for all its candidates and employees by supporting their accessibility and accommodation needs throughout the employment lifecycle. We ask that all job applications please identify any accommodation requirements by sending an email to [email protected] to ensure their ability to fully participate in the interview process.

This posting is for existing and upcoming vacancies.