Global Financial Institution Specialist

What We Need 

Corpay is looking to hire a Global Financial Institution Specialist within our Credit division. This position falls under our Cross-Borderline of business and is located in Toronto, ON. In this role, you will build and implement a bank and fund underwriting framework and target operating models. The role involves underwriting and ensuring adhere to the Company’s underwriting guidelines and standards. This position offers an exciting opportunity to contribute to the growth and success of our underwriting operations. You will report directly to the Head of Group Credit and regularly collaborate across various departments. 

How We Work 

As a Global Financial Institution Specialist, you will be expected to work in a hybrid environment. Corpay will set you up for success by providing: 

• Assigned workspace in Toronto, ON
• Company-issued equipment 

Role Responsibilities 

The responsibilities of the role will include: 

• 1. Build and implement models:
     1. Develop and implement banks and funds underwriting model fit for purpose.
     2. Support and develop an underwriting framework for new products within the FI vertical.
     3. Design and establish a target operating model to optimize FI underwriting processes.
  2. Underwrite:
     1. Perform underwriting for the FI segment.
     2. Ensure compliance with underwriting guidelines and regulatory requirements.
     3. Assess and analyze financial information to determine risk levels and make informed underwriting decisions.
  3. Data Analysis and Reporting:
     1. Analyze the portfolio to identify risks and prepare a remediation plan.
     2. Prepare detailed reports and presentations for senior management.
  4. Collaboration:
     1. Work closely with other departments such as sales, finance, IT, and treasury to ensure cohesive operations.
     2. Provide guidance and training to junior underwriting staff.
  5. Continuous Improvement:
     1. Stay up to date with industry trends, macro events, and best practices.
     2. Recommend and implement improvements to underwriting processes and models.

Qualifications & Skills 

• Bachelor’s (Master' preferred) degree in finance, Economics, Business Administration, or a related field.
• 3 to 7 years of professional experience 
• Professional certifications such as CFA, CA, and FRM are assets.
• Proven experience in underwriting, and managing credit risk.
• Experience with regulatory compliance in underwriting.
• Strong analytical skills and experience in building financial models.
• Experience in the Foreign Exchange will be considered a significant asset.
• Excellent written and verbal communication skills.
• Detail oriented with strong organizational skills.

Benefits & Perks 

• Comprehensive health benefits package from your first day of employment, covering health, dental, vision, paramedical benefits, and Employee Assistance Program. 
• RRSP with company match 
• Virtual fitness classes offered company-wide
• Paid time off, including statutory holidays, vacation, sick, personal, & volunteer time
• Employee discounts and perks
• Philanthropic support with both local and national organizations
• Fun culture with company-wide contests and prizes 

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