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Lease Documentation Specialist – 18 Month Contract

Meridian Credit Union

This is a Contract position in Ottawa, ON posted July 16, 2021.

Meridian OneCap Credit Corp (MOCC) is an equipment and finance company providing a broad range of financial services to businesses throughout Canada.

Our parent, Meridian Credit Union, has over 70 years of banking history and is Ontario’s largest credit union.

MOCC (formerly Roynat Lease Finance) is a provider of asset financing in the form of capital leases.

We are committed to being the best provider of specialized equipment financing services to strategic vendors across Canada.

Our service-oriented culture and exceptional group of professionals serves to provide our strategic partners with value-added service and constructive solutions.

Who we are Meridian OneCap Credit Corp provides customized leasing solutions both to help companies sell equipment and to companies that have chosen to lease equipment, rather than buy.

For manufacturers and vendors, we enable you to provide your customers with a value-added service that helps your customers acquire equipment efficiently, and gives your company a competitive edge.

And for the end user, we can help you to preserve working capital in your business, while benefiting now from the use of the equipment.

Our team is known as industry leaders.

We’ve earned our reputation through consistent delivery of financing programs with the most efficient transaction process and superior customer service.

With the largest direct sales force within the Canadian market, it’s no wonder our customer service is unparalleled.

Purpose of the Job: The incumbent is responsible for the review and approval of executed lease and loan documentation for Meridian OneCap (MOCC).

The incumbent liaises with Sales and Sales Support to obtain both the complete funding parameters for new transactions and to clarify and follow-up on any outstanding deficiencies to ensure MOCC processes / policies are adhered to, including service level standards relating to funding turnaround times.

Key Accountabilities: Transaction Review Responsible for auditing all required transactional documents for completeness and accuracy Ensure all security registrations are perfected.

Verify title documents and insurance.

Verify KYC compliance.

Confirms credit approval conditions are met prior to funding.

Administration Execute and date contracts.

One-on-one coaching of new hires or sales support may be required in the absence of the Manager, New Business.

Perform related duties as assigned.

Complexity of Position: The incumbent works under the general guidance of the Manager, New Business.

The incumbent is expected to work relatively independently on routine matters, and will seek guidance from the Manager, New Business on matters that fall outside of normal procedures.

Proven ability to work well with people and handle a variety of items simultaneously.

Need to be able to work within tight time frames Ability to work cross functionally Knowledge, Skills and Abilities: College degree preferred or equivalent work experience.

Strong communication, organization and time management skills; ability to interact effectively with internal and external customers.

Strong math skill and understanding of discounted cash flow calculations and basic accounting.

Ability to make decisions within their limits or recommendations.

Extremely detail oriented, self-motivated and self-starter, neat and orderly.

Good computer skills (Microsoft Office: Excel, Word).

Dimensions: Team targets are as follows: Maintain funding turnaround times at 24 hours for lease/loan transactions less than $250,000 and 48 hours for transactions greater than $250,000.

Ability to process up to 10 lease/loan transactions per day on average Experience the Difference Thank you for your interest in Meridian OneCap.

Please note that due to the volume of applications, only those under consideration will be contacted for an interview.

Meridian is committed to providing accommodations for people with disabilities.

Should you require an accommodation, we will partner with you to meet your needs.

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