Business Analyst / Senior Business Analyst Commercial Services

FirstOntario Credit Union; Hamilton; Híbrido; CAD 59.000 - 96.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Top-tier benefits

Health spending account

Personal spending account

Mental health benefits

Professional development assistance

Pension Plan

Flex-work environment

Volunteer program

Descripción de la vacante

FirstOntario Credit Union in Hamilton, ON is seeking a Business Analyst, Commercial Services or Senior Analyst to support commercial loan proposals with rigorous credit analysis and due diligence. You will assist in preparing high-quality proposals and coordinating with internal partners for compliant structuring.

You will also manage a small portfolio of commercial borrowers, prepare reports, and contribute to risk assessment and portfolio performance modelling.

Formación

• Experience analyzing medium to high complexity loan proposals.
• Ability to prepare credit analyses and memos.
• Experience managing a small portfolio of commercial borrowers.

Responsabilidades

• Support Account Manager, Commercial Services or Credit Solutions in preparing high-quality proposals by analyzing loan proposals.
• Develop terms, pricing, conditions and covenants with thorough credit analysis.
• Prepare loan packages and negotiate with internal partners for compliance with policies.
• Prepare reports and assist with compliance tasks.
• Model portfolio performance and financial modelling across asset classes.
• Gather items for administration of commercial files.

Conocimientos

Credit analysis

Due diligence

Financial modelling

Portfolio management

Loan structuring

Member communication

Herramientas

Excel

PowerPoint

Descripción del empleo

• Top-tier health and wellness benefits, including comprehensive benefits packages, a health spending account and a personal spending account
• Enhanced mental health benefits through SunLife and TELUS Health
• Up to $1000 per year towards professional development
• Pension Plan
• Flex-work environment
• Company-wide Employee Volunteer program (Blue Wave Program)
• Employee and Family Assistance Program

Why FirstOnario?

• Competitive compensation packages
• Top-tier health and wellness benefits, including comprehensive benefits packages, a health spending account and a personal spending account
• Enhanced mental health benefits through SunLife and TELUS Health
• Exclusive banking benefits
• Up to $1000 per year towards professional development
• Pension Plan
• Flex-work environment
• Company-wide Employee Volunteer program (Blue Wave Program)
• Employee and Family Assistance Program

Job Overview

The Business Analyst, Commercial Services is responsible for supporting the Commercial Services goals by achieving targets and objectives while providing solid advice on products, and services to Commercial Members. As a key member of team, they support the risk and portfolio management.

Role

• Efficiently support the Account Manager, Commercial Services or Credit Solutions in the preparing and presenting high-quality proposals by analyzing and conducting proper due diligence for medium to high complexity loan proposals
• Develop appropriate terms, pricing, conditions and covenants while ensuring thorough credit analysis, due diligence and sound account management practices
• Prepare loan packages and, when necessary, negotiate with internal partners on structuring the deal to ensure compliance with policies and procedures
• Prepare reports and assist with compliance related tasks
• Prepare credit analysis/memos including modelling of portfolio performance as well as financial modelling across a variety of asset classes
• As directed, gather items required for the administration of commercial files
• Be actively involved in adjudicating and reviewing of Commercial lending, risk, and reward
• Work with your manager to meet annual review and risk management standards for the Commercial Portfolio including structuring transactions
• Diligently complete detailed commercial reviews through the breakdown and analysis of financial statements and recommendations to mitigate any new or changing risks
• Concentrate on department goals and objectives, and portray a strong positive image to our members and the community
• Over deliver on set targets and planned initiatives in the region by identifying new opportunities within the loan management and origination process
• Consider health & safety as a primary concern to ensure the overall well-being of your team and members
• Perform other duties we may need you to do

In addition to the duties outlined below, a Senior Business Analyst will also be responsible to:

• Provide support and due diligence analysis for larger, more complex credit requests
• Independently research, analyze and prepare credit applications for their manager(s) as directed
• Independently manage a small portfolio of commercial borrowers including member contact
• Interact directly with members for purposes of gathering information and responding to member enquiries
• Prepare more complex reports as requested by their manager(s)
• Assist with training less experienced Business Analysts
• Participate in community events and networking events to represent FirstOntario

This position may be filled at either the Analyst or Senior Analyst level. The level, responsibilities, and compensation will be determined based on the successful candidate's skills, experience, and qualifications. This role is hybrid in Hamilton, ON.This posting is for an existing vacancy.

Salary Range: $59,078 to $96,155 annually.

Compensation for this role reflects a combination of skills, experience, and internal equity. Those whose experience more closely aligns the role's requirements may be placed higher within the salary range. You will learn more about FirstOntario Credit Union's total rewards package during the interview process.

Our inclusive work environment welcomes diversity and supports accessibility. If you require accommodation at any time during the recruitment process, please let us know.

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