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Collections Analyst - Entry Level
Collections Analyst - Entry LevelEconoLease • Toronto, Canada
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Collections Analyst - Entry Level

Collections Analyst - Entry Level

EconoLease • Toronto, Canada
9 days ago
Job type
  • Full-time
Job description

Join our fast-growing, enthusiastic team of young go-getters in a highly successful finance business. Where our passion is driven by a common purpose—to disrupt and change the $76 billion-dollar asset-based lending industry.

For over 30 years, Econolease has led North America in restaurant equipment financing. Through leasing, renting, business loans, 0% financing and payment processing, we work with more than 3,000 restaurant owners each year, helping them achieve their goals throughout Canada, the U.With our new digital platforms, owners and operators can now apply online, confirm their pricing terms, sign their contracts, and view previous leases.

Never satisfied with the status-quo, Econolease has made dynamic shifts in the lending space already with an ambitious and calculated path ahead to render the legacy parts of our business obsolete. The Funding Analyst will review funding submissions to ensure funds are advanced to vendors in a timely manner. This role provides exceptional customer service throughout the fulfillment process by responding to inquiries and escalating issues as required. Data entry

Billing and Funding Operations

Review lease and rental documentation packages to ensure compliance with company policies, legal requirements, and industry standards

Process billing and funding requests accurately and in a timely manner

Verify critical details, such as customer information, payment terms, and supporting documents, to ensure proper execution of contracts

Documentation and Quality Assurance

Identify and escalate discrepancies or deficiencies in contract documentation to the Team Lead or Funding Manager

Collaborate with internal departments such as Credit / Risk, Sales, Operations, and Accounting to resolve issues and obtain missing documentation

Maintain accurate and organized records of funded contracts and supporting materials

Compliance and Risk Management

Ensure adherence to internal policies and external regulatory requirements during the billing and funding process

Flag potential risks or compliance issues to the Team Lead or Funding Manager for review and resolution

Process Improvement

Contribute ideas and feedback to enhance billing and funding workflows and reduce processing times

Participate in team discussions on improving accuracy, efficiency, and customer / stakeholder satisfaction

Stay informed of policy or regulatory changes and adapt processes accordingly

Communicate with the Credit / Risk team, Sales Team, and Operations Team about funding submissions

Projects and Other Tasks

~ Other projects and / or Tasks as directed by the Team Lead or Funding Manager

1-3 years of experience in funding, financial operations, or contract administration, preferably in leasing or financial services

~ Experience with funding systems is an asset

Technical proficiency in Microsoft Office Suite

Casual dress

~4 weeks of vacation

~ Corporate fitness program

~ Competitive compensation package with a discretionary bonus

~ Social company gatherings

~ A fun and enriching work environment geared towards personal and professional growth

Discretionary Annual Bonus

At EconoLease, diversity is a cornerstone of innovation and success. Embracing our differences enriches our workplace culture and enhances our ability to serve our diverse clients and communities.

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Analyst Entry Level • Toronto, Canada

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