Loan Consultant at Fairstone Bank | CA | Rezi

Loan Consultant at Fairstone Bank

Loan Consultant

Fairstone Bank · CA

4 days ago

Loan Consultant

Fairstone Bank · CA

4 days ago
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About the Role

As a Loan Consultant, you will actively promote and sell loan and protection products, understand customer needs to recommend financial solutions, manage the sales process from application to closing, build strong relationships, and achieve sales goals. You will also perform credit assessments, process payments, and manage overdue accounts.

Responsibilities

  • Actively promoting and selling loan and protection products in a fast-paced, sales-driven environment
  • Understanding customer needs to recommend the right financial solutions
  • Managing the entire sales process, both in person and virtually — from application to closing
  • Building strong relationships and earning trust through excellent service
  • Staying focused on individual and team sales goals
  • Performing credit assessments, processing payments, and managing overdue accounts

Requirements

  • Minimum 1 year of sales experience with a focus on meeting/exceeding targets
  • Strong interpersonal, communication, and negotiation skills
  • A customer-first mindset and a passion for delivering value
  • Must successfully pass a criminal background check, credit check, and validation of work experience

Skills

  • Sales
  • Loan products
  • Protection products
  • Financial solutions
  • Sales process management
  • Customer relationship management
  • Credit assessment
  • Payment processing
  • Account management
  • Interpersonal skills
  • Communication skills
  • Negotiation skills

Work Type

  • Full time
  • Permanent

Experience Level

  • Minimum 1 year of sales experience

Education Level

  • High school diploma
  • Post-secondary education in finance, sales, or business is an asset

Salary/Compensations

  • Competitive hourly rate plus an incentive plan based on performance
  • Expected base hourly rate of $22.26, plus the opportunity to earn uncapped monthly bonuses tied to performance

Benefits

  • Generous vacation based on your role
  • Statutory holidays
  • 6 wellness days
  • Robust health and dental coverage through Manulife
  • Virtual healthcare through Dialogue
  • Group Retirement Savings Plan with up to 7% employer match
  • Discounts from top retailers via WorkPerks
  • Location-based perks like gym memberships and Toronto Bike Share
  • Education Assistance Program
  • Fairstone Academy for training and skill development
  • Parental leave top-up program

About the Company

  • Fairstone Bank and its family of brands are united in delivering innovative, accessible and reliable financial solutions that enable Canadians to reach their goals.
  • In 2024, Home Trust Company, Home Bank and Oaken Financial became part of the Fairstone Bank family of brands, alongside Fairstone, EdenPark and Fig.
  • Together, we are the leading alternative lending bank in Canada.
  • We have the collective experience and expertise to better serve our customers and foster our partners’ growth.
  • With a diverse suite of products—residential and commercial mortgages, consumer deposits and GICs, credit cards, retail and automobile financing, personal loans and digital lending—we offer financial solutions tailored to all Canadians, including newcomers, small-business owners, smart investors and savvy consumers.
  • Backed by nearly a century of lending experience through its legacy companies, Fairstone Bank and its brand family are proud to be Canada’s leading alternative lending bank.

Equal Opportunity

  • Fairstone is an equal opportunity employer.
  • Accordingly, we will make reasonable accommodations to respond to the needs of people with disabilities.
  • Individuals who view themselves as Aboriginals, members of visible minorities, and disabled are encouraged to apply in confidence.