Intern

This role sits within Laurentian Bank.

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, Montreal, or a remote working condition.

The internship is starting in May 2024 until August 2024. 

The intern will work closely with the Commercial Banking team & will be responsible to:

• Enter client financial statements and other financial information into the risk rating tool.
• Perform financial analysis on client financial statements and sensitivity analysis and provide recommendations or comparisons within industry and market standards.
• Complete underwriting of credit applications, amendments, and annual file reviews within the prescribed timeframe.
• Identify and analyze risks associated with client activities.
• Follow up on irregularities in client portfolios.
• Participate and collaborate during meetings or conference calls with clients and fellow peers.
• Carry out work according to specific objectives while respecting the legislation in force, the policies, programs and procedures of the Bank.
• Participate in integrity and compliance requirements (code of conduct, internal policies).

Internship requirements:  

• Bachelors or Masters degree student in Finance/Accounting or related field.
• Excellent verbal and writing skills (essential).
• Ability to work in a team environment and demonstrate a collaborative/positive mindset.
• Intellectual curiosity and critical thinking skills.
• Strong interest in finance and good analytical skills.
• Knowledge of the Office suite.
• Stong communication skills in French and English*

*“Qualifications

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.
• 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

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