Trainee

Laurentian Bank

Founded in Montreal in 1846, Laurentian Bank is committed to serving its customers and fostering deep relationships with specialized groups. Laurentian Bank runs operations across Canada – primarily in Québec and Ontario – as well as in the United States and competes where it sees market opportunity and has an edge, while harnessing the power of partnerships and collaboration.

This role sits within Laurentian Bank.

Description du poste

Within the Commercial Banking division, the incumbent will be required to acquire the necessary knowledge to understand and prepare commercial credit files. They will support the Senior Director, Portfolio Management, and Account Managers in analyzing business models, conducting financial analysis, assessing risks, and evaluating collateral.

During the internship, the employee’s role will include:

• Entering the client’s financial statements and other financial information into the risk rating calculation tool.
• Performing financial analyses based on the client’s financial statements, conducting sensitivity analyses, and benchmarking results against industry standards for the relevant sector.
• Completing the underwriting of credit requests, amendments, and annual file reviews within prescribed deadlines.
• Identifying and analyzing risks associated with the client’s operations.
• Monitoring and following up on irregularities within client portfolios.
• Participating in meetings or conference calls with clients.
• Carrying out tasks in accordance with established objectives while complying with applicable legislation, as well as the Bank’s policies, programs, and procedures.
• Being involved in integrity and compliance processes (code of conduct, internal policies).

Qualifications

• Undergraduate or graduate student in Finance or a related field.
• Strong written communication skills (essential).
• Ability to work as part of a team with a positive attitude.
• Intellectual curiosity and strong critical thinking skills.
• Strong interest in finance with solid analytical abilities.
• Proficiency with the Microsoft Office suite.
• Strong oral communication skills in both French and English*

* 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

Ce que nous offrons

• Meaningful, paid work experience and professional skills development
• Gaining insights into the business sectors which align with your career goals
• Customized development program
• Networking and opportunities for full time work upon graduation
• Flexible & hybrid work environment to accommodate different needs
• Sense of Belongingness and a Diverse & Inclusive Culture

Open to students pursuing diploma, undergraduate, or post-graduate degrees.

Offers opportunities across diverse business lines such as finance, accounting, risk management, marketing and more!

Inclusion et accessibilité

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

We may collect, use or disclose your personal information for the purpose of establishing an employment relationship with you.

We also use artificial intelligence (AI) tools during parts of our recruitment process to support fair and efficient hiring decisions.