Overview

S.U.C.C.E.S.S. Loan Reconciliation Officer, FCR Loan Project Part Time in Vancouver, BC

S.U.C.C.E.S.S.

Branch Vancouver BC CA

Position:
Loan Reconciliation Officer, FCR Loan Project
Location:
Vancouver, BC

Communicates with Finance Department regularly for any repayment updates. Conducts due diligence and consolidates monthly PAP lists for Finance Department….

Ref.#: 11120

Title: Loan Reconciliation Officer, FCR Loan Project (Richmond)

Nature: Part Time – 21 hours per week

Duties: The Foreign Credential Recognition (FCR) Loan Project assists Internationally Trained Professionals (ITPs) to navigate through the FCR process and, ultimately, obtain employment commensurate to their professional field by providing flexible, easily accessible and low cost loan application. The use of loans covers short-term training, assessment and examination fees, travel expenses, training material and living allowances, as applicable. S.U.C.C.E.S.S . reviews the loan applications and, with the clients, assesses the proposed loan amount to ensure all training and other related needs are addressed.

Acting as the liaison between the Finance Department and the FCR Loan Project, the Loan Reconciliation Officer is responsible for closely monitoring all clients’ monthly repayment status, ensuring all repayments are on track, reconciling bank records and generating reports when required.

  • Conducts credit check for clients and reports notes on the Equifax system when necessary
  • Records all newly approved loan information into the TEA 10 Loan Management System
  • Follow-up consistently with Loan Advisors regarding clients’ repayment status
  • Provides possible solutions to clients who encounter repayment difficulties
  • Updates any repayment changes into the TEA 10 Loan Management System in a timely manner
  • Generates and sends out consolidation letters to clients
  • Conducts due diligence and consolidates monthly PAP lists for Finance Department
  • Follow-up immediately with NSF payments
  • Reconciles monthly Bank Reports to ensure all transactions (A/P and A/R) are correct
  • Checks and reports monthly balances to Project Manager
  • Alerts Project Manager immediately for potential delinquency / default
  • Assists in the collection process as required
  • Collects data and prepares reports on a monthly basis and when required
  • Communicates with Finance Department regularly for any repayment updates
  • Provides adequate financial support to the team when needed

Qualifications:
Education, Training and Experience

  • Bachelor’s Degree in Accounting / Finance, Business or related field, or an equivalent combination of education and experience ( i.e . Diploma in Accounting / Finance or related field and 2 years of experience in the field)
  • Solid financial background with previous experience in reconciliations, balancing, and investigating financial transactions
  • Proficiency in computer systems and a proven capacity to analyze and interpret information from databases; knowledge of TEA 10 system is a definite asset
  • Good understanding of financial needs assessments, loan applications and repayment management

Job Skills and Abilities

  • Fluent in English; second language (Farsi, Tagalog, Spanish, or Punjabi/Hindi) an asset
  • Competent to handle heavy workload, stress and tight deadlines
  • Exceptional attention to detail and ability to multitask
  • Strong analytical skills coupled with high degree of accuracy
  • Strong ability to work with minimum supervision
  • Excellent verbal and written communication skills
  • Demonstrated computer skills in MS Office (especially Excel), Internet and Email
  • Excellent work ethics; ability to follow agency and project policies and procedures

Additional Information

  • May be required to travel
  • May be required to work weekends, evenings
  • Criminal record check required

or proceed with Standard Application Form.

Employment Type: Part Time
Location: Vancouver, BC, CA
Posted on: 2016-09-21
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