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Credit Coordinator

🕒 24 days ago
Credit Application ProcessingCredit Risk AssessmentCommercial Equipment FinancingLease Documentation
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📜 Description

  • Monitor and route broker desk emails and online applications, responding to broker inquiries and requests.
  • Set up credit applications, obtain registry and credit bureau information, and flag unusual risk profiles for Credit Analyst review.
  • Prepare lease documents, review approvals, analyze searches, create waivers, and coordinate accurate, timely documentation with brokers.
  • Compile preliminary credit packages and process vendor approvals by validating information and updating systems.
  • Assist with quality assurance and compliance audits, special projects, data analysis, spreadsheet models, and program testing.
  • Provide backup for other Credit Coordinators and support Credit and Funding teams in meeting service levels.

🛠️ Requirements

  • University or college degree in Business or Finance, or equivalent work experience.
  • At least 2 years' experience in a similar Credit role.
  • Strong attention to detail; able to work under pressure and meet tight deadlines.
  • Organized, accurate, and able to prioritize and multitask.
  • Strong written and oral communication skills; able to work independently and as part of a team.
  • Proficiency in Microsoft Office.
  • C.C.P. program completion or enrollment preferred.
  • English-French bilingualism considered an asset.

✨ Benefits

  • Competitive discretionary bonus
  • RRSP match program
  • Medical benefits
  • Dental benefits
  • Vision benefits
  • Life insurance
  • Disability benefits
  • Employee Share Purchase Plan
Full job description
Why Join EQ — and Why This Role at Bennington Financial Corp Matters

At EQ, we're remaking banking so every Canadian gets ahead, every day. Serving nearly 4 million Canadians from coast to coast, we offer a wide variety of financial services from banking and lending, to trust and credit union solutions.

We've been at this since 1970, challenging the conventions of traditional banking with smarter, faster, and more connected financial experiences.

What's kept us moving? The people behind it all: challengers who ask better questions, push back on old assumptions, and look for a better way forward.

If you're driven to help reshape how banking works for Canadians and the businesses that power our economy, this could be your next big opportunity.

We can’t wait to get to know you!


About This Role: EQ × Bennington Financial Corp Partnership
This position is being recruited by EQ on behalf of our wholly owned subsidiary, Bennington Financial Corp. Bennington Financial Corp plays a critical role within EQ's ecosystem, specializing in commercial equipment financing and leasing. It extends EQ’s reach beyond traditional banking into a highly specialized and fast-growing segment of the financial services landscape.
Joining Bennington means: Being part of the EQ family, with the stability, scale, and purpose of a leading Canadian challenger bank, Working within a specialized, entrepreneurial business where your contributions are highly visible and impactful, Supporting a business that operates at the intersection of bank-grade governance and commercial finance agility, Helping shape compliance, risk, and operational excellence in a business that directly enables Canadian companies to grow
This role offers the best of both worlds: the backing, resources, and long-term vision of EQ, combined with the pace, ownership, and influence that comes from working within a focused subsidiary like Bennington. If you’re looking for an opportunity where your expertise matters, your voice is heard, and your work directly supports both innovation and growth—Bennington Financial Corp, powered by EQ, is a compelling place to build your next chapter!

This role will be working out of the Oakville Head Office 9am-5pm EST under a hybrid program and encompasses all brands.

Why Join EQ — and Why This Role at Bennington Financial Corp Matters At EQ, we're remaking banking so every Canadian gets ahead, every day. Serving nearly 4 million Canadians from coast to coast, we offer a wide variety of financial services from banking and lending, to trust and credit union solutions.  We've been at this since 1970, challenging the conventions of traditional banking with smarter, faster, and more connected financial experiences. What's kept us moving?  The people behind it all: challengers who ask better questions, push back on old assumptions, and look for a better way forward. If you're driven to help reshape how banking works for Canadians and the businesses that power our economy, this could be your next big opportunity.  We can’t wait to get to know you!  About This Role: EQ × Bennington Financial Corp Partnership    This position is being recruited by EQ on behalf of our wholly owned subsidiary, Bennington Financial Corp.  Bennington Financial Corp plays a critical role within EQ's ecosystem, specializing in commercial equipment financing and leasing. It extends EQ’s reach beyond traditional banking into a highly specialized and fast-growing segment of the financial services landscape.    Joining Bennington means:  Being part of the EQ family, with the stability, scale, and purpose of a leading Canadian challenger bank, Working within a specialized, entrepreneurial business where your contributions are highly visible and impactful, Supporting a business that operates at the intersection of bank-grade governance and commercial finance agility, Helping shape compliance, risk, and operational excellence in a business that directly enables Canadian companies to grow    This role offers the best of both worlds: the backing, resources, and long-term vision of EQ, combined with the pace, ownership, and influence that comes from working within a focused subsidiary like Bennington.  If you’re looking for an opportunity where your expertise matters, your voice is heard, and your work directly supports both innovation and growth—Bennington Financial Corp, powered by EQ, is a compelling place to build your next chapter! What we offer [For full-time permanent roles]   💰 Competitive discretionary bonus  ✨ RRSP match program 🩺  Medical, dental, vision, life, and disability benefits 📝  Employee Share Purchase Plan 👶🏽 Maternity/Parental top-up while you care for your little one 🏝  Generous vacation policy and personal days 🖥  Virtual events and opportunities to connect with colleagues across EQ 💛 The opportunity to help build a new kind of banking experience at one of Canada’s leading challenger banks    Equity, Diversity & Inclusion EQ is committed to building an inclusive, accessible environment where every employee feels valued, respected, and supported. We believe our organization is stronger — and our people thrive — when we honour and celebrate diverse experiences, identities, and perspectives. We’re equally committed to supporting your growth, both professionally and personally. We provide a barrier‑free recruitment process and work environment. If you require accommodations at any stage, we will work with you to ensure you can bring your best self to the process and beyond. As part of our recruitment process, EQ uses AI to help screen, assess, and/or select applicants for this position. All AI-enabled outputs are reviewed and validated by our talent team. All candidates considered for hire must successfully complete a criminal background check and credit check. While we appreciate every application, an EQ recruiter will contact only those whose skills and experience most closely match the requirements of the role.    EQB Inc. (TSX: EQB) is the parent company of Equitable Bank, the country's seventh-largest Schedule I bank by assets, which operates EQ Bank, Canada's Challenger Bank™. EQB Inc. serves nearly 4 million Canadians and manages approximately $150 billion in combined assets under management and administration.   To learn more, visit eqb.investorroom.com and eqbank.ca.

The work!

The incumbent may be responsible for, but not limited to, the following:

  • Working in unison with the Credit and Funding teams to ensure optimum services levels are adhered to for our strategic broker partners
  • The monitoring and routing of emails and online applications submitted to the internal broker desk
  • Acting as a liaison to our primary customers, the brokers; communicating with them regularly and responding to inquiries and requests for information in a timely manner
  • Setting up new credit applications. This includes requesting information from third party sources such as Land Registry and Corporate Registries, pulling Equifax and PayNet credit bureau reports, conducting a preliminary evaluation of the overall credit profile risk and credit financing scenarios and bringing anything out of the ordinary to the Credit Analyst’s attention for further review and decision making.
  • Creating lease documents upon the broker’s request. This includes a review of the credit approval to ensure all necessary documents are generated, the pulling and analyzing of necessary searches and the creation of waivers based on the results of these searches and communication with the brokers to ensure the documents are created accurately and in a timely manner.
  • Creating preliminary credit packages for further review at funding, this includes collecting all pertinent documents required to finalize the credit audit at funding
  • Processing vendor approvals, by researching and validating information and updating system accordingly
  • Assist Manager with quality assurance/compliance audits
  • The Credit Coordinator will also assist the Director of Credit and/or the Manager with special projects, which may include generation and preparation of excel spreadsheet models and the making of recommendations based on the data generated. They may also be involved in testing certain programs to ensure accuracy and functionality, communicating the results of the testing to the senior leadership group. They will also perform data collection, interpretation and analysis, making recommendations and presenting the findings of the analysis to the Director of Credit and/or the Manager.
  • Additional responsibilities include back-up to the other Credit Coordinators.
  • Let's talk about you!

  • The successful applicant will have a strong attention to detail and have the ability to work well under pressure and tight deadlines. A positive attitude with the ability to work well both in a team environment as well as individually is crucial.
  • The successful candidate must be organized, accurate and be able to prioritize and multi-task well. Strong written and oral communication skills are required and proficiency in Microsoft Office is a must.
  • Job requirments!

  • A University or college degree with a Business or Finance background is required (or equivalent work experience). Applicants who have completed or are enrolled in the C.C.P. program would be preferred.
  • Applicants must have at least 2 years’ experience in a similar Credit role.
  • Bilingualism in English and French would be considered an asset.
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