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Fairstone Financial

Schedule I bank offering near-prime lending

Loan Administrator

Retail & Commercial BankingConfirmed live in the last 24 hours
Full-timeToronto, ON, Canada$41k - $46.5k

About the Job

Requirements

  • Previous experience in lending, an automotive-related business, or financial services.
  • Exposure to a loan management system.
  • High School Diploma or equivalent.
  • Strong verbal and written communication skills.
  • Ability to work in a fast-paced, changing environment with attention to detail and urgency.
  • Advanced internet browsing and investigative skills.
  • Phone contact handling and active listening skills.
  • Ability to prioritize allocated workflow.
  • Proficiency with Microsoft Office Suite and Outlook.
  • High accuracy and consistency in document verification.
  • Availability to work Monday to Friday, within the hours of 8:30 AM to 6 PM EST.

Responsibilities

  • Process loan activation for new contracts in the loan management system.
  • Review inputs in the loan management system in detail to ensure alignment with signed contracts.
  • Process daily loan modifications, including rate changes, write-offs, and restructures.
  • Post customer fees in the loan management system.
  • Handle funding faxes and contracts sent in by dealers.
  • Reply to dealer messages.
  • Handle delegations from the funding email inbox.
  • Send internal and external emails in a timely manner.
  • Manage a busy workflow while maintaining a high level of accuracy.
  • Provide prompt, efficient, detailed, customer-oriented service to stakeholders.
  • Send professional and pleasant messages to dealerships through the platform.

About the Company

Fairstone Financial

Schedule I bank offering near-prime lending

Fairstone Bank of Canada provides consumer finance focused on near-prime borrowers in Canada. It offers unsecured personal loans, secured home-equity loans, credit cards, GICs, mortgages, and auto/retail financing, plus a digital lending brand called Fig for online applications. It reaches customers through a network of 255+ branches and thousands of merchant partnerships for point-of-sale financing, as well as direct-to-consumer online lending. After the 2024 merger with Home Trust, it aims to become a leading alternative lender in Canada through scale, partnerships, and expanded product lines, led by CEO Scott Wood with Stephen Smith as Chair.

Company size
11-50
Company stage
Debt Financing
Total funding
$971.7M
Headquarters
Montreal, Canada
Founded
1923

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