Fairstone Bank is a leading alternative lending bank in Canada, providing innovative financial solutions tailored to various customer needs. They are seeking a Credit Adjudicator to review and adjudicate vehicle loan applications, ensuring accurate and timely assessments while adhering to credit policy rules.
Responsibilities
- Review and adjudicate vehicle loan applications by assessing an applicants’ creditworthiness based on credit history, income and employment, and collateral valuation
- Ensure loan applications are assessed accurately and timely in a fast-paced environment
- Closely follow credit policy rules to ensure risk parameters are consistently followed
- Willingness to thrive in a customer service focused and teamwork setting working with other departments in Sales, Income, Funding and with our Dealers partners
- Execute detailed document review ensuring all assigned documents are accurate, complete, properly executed, and registered as required
- Provide prompt, efficient, detailed customer-oriented service to all stakeholders
Skills
- You can follow detailed credit policy guidelines and carefully review credit application and credit bureau report details
- Verbal and written communication skills in French and English
- You thrive in a fast-paced environment and have strong attention to detail
- You are tech-savvy and know your way through Microsoft Office Suite and Outlook
- You must be available to work all shifts mentioned in the job description
- All candidates considered for hire must successfully pass a criminal background check, credit check, and validation of their work experience to qualify for hire
- You have at least 1 year of prior experience in loan underwriting, experience in a financial institution or within the auto industry
- Previous experience working with loan origination software
- Post-secondary education in Finance or Business Administration
Benefits
- Generous vacation based on your role, statutory holidays, plus 6 wellness days to prioritize your well-being.
- Robust health and dental coverage through Manulife, as well as virtual healthcare through Dialogue.
- Group Retirement Savings Plan with up to 7% employer match.
- Discounts from top retailers via WorkPerks, plus location-based perks like gym memberships and Toronto Bike Share.
- Gym access at our London and Montreal offices.
- Education Assistance Program and Fairstone Academy for training and skill development.
- Parental leave top-up program to help you during life’s big moments.
- One paid volunteer day to give back to causes that matter to you.
Company Overview
Fairstone Bank is a non-bank provider of responsible lending solutions for near-prime and non-prime borrowers. It was founded in 1923, and is headquartered in Montréal, Quebec, CAN, with a workforce of 1001-5000 employees. Its website is https://www.fairstone.ca.