Commercial Analyst

Meridian Credit Union; St. Catharines; Hybrid; CAD 52,000 - 75,000; Full time

Benefits offered by this job

Hybrid work arrangements

Inclusive environment

Learning from industry leaders

Job summary

Meridian Credit Union is seeking a Commercial Analyst to support Business Banking relationships through credit analysis and related services. The role involves working in a fast-paced, high-growth environment to grow the commercial book while managing loan risk.

You will partner with Relationship Managers, Senior Managers, and Directors, with a focus on delivering credit support, cross-functional collaboration, and client service excellence in a hybrid office setting in St. Catharines, Ontario.

Qualifications

• Post-secondary education or related training with knowledge of financial accounting and lending principles.

Responsibilities

• Analyze financial and operating data to advise on credit-related actions.
• Handle routine account operating issues for commercial members and suggest products/services.
• Coordinate with MCU staff and external suppliers to meet member needs.
• Set goals to support BBC and Retail branch objectives with some community involvement.
• Monitor profitability of Meridian relationships to retain business.
• Track changes in industries to identify growth opportunities for the portfolio.

Skills

Financial analysis

Credit knowledge

Communication

Independent work

Flexibility

Professional development

Workload management

Organizational values

Education

Bachelor of Commerce / Finance & Accounting

Job description

Why Meridian?

At Meridian, our aspiration is to integrate our purpose into everything we do for people, the planet, and communities. We believe that our greatest opportunity is to create opportunity and meet people where they are.

Why Meridian?

At Meridian, our aspiration is to integrate our purpose into everything we do for people, the planet, and communities. We believe that our greatest opportunity is to create opportunity and meet people where they are.

Find our story here: About Meridian

The commercial analyst will be responsible for assisting Business Banking Relationship Managers, Senior Relationship Mangers and Directors, via credit and related support, including at times through direct member contact. You will be a part of our team to grow the size and profitability of the commercial book while minimizing loan risk and maximizing product penetration. A fast-paced and exciting environment in a high growth segment of our business will challenge successful candidates.

Key Responsibilities

• Supporting through analysis of financial and account operating data, and recommending appropriate courses of action for credit related matters.
• Managing many of the routine account operating issues encountered by our commercial Members, anticipating/recognizing Members’ needs, and proactively making product and service recommendations.
• Liaising with other MCU staff and outside product/service suppliers to meet the needs of our members.
• Establishing personal goals and action plans to support BBC and Retail branch business objectives, with some community involvement required.
• Demonstrating an ongoing willingness to assume higher degrees of accountability and responsibility, leading to assumption of a position as a Relationship Manager Business Banking, Cash Management or Business Credit position
• Actively monitors and manages the profitability of Meridian’s relationships with a member in order to retain and maintain business.
• Keeps abreast of changes within diverse industry sectors and proactively identifies opportunities to improve the growth and development of the assigned portfolio by analyzing member needs, trends, and competitor offerings.

How you will succeed

• Post-secondary education or related job training, with detailed knowledge of financial accounting and lending principles (Bachelor of Commerce, Business, Finance & Accounting, or other similar degrees would be an asset).
• Good working knowledge of banking system and business account operating procedures at Meridian.
• Excellent communication/presentation, interpersonal and teamwork skills.
• Ability to work independently with confidence and strong commitment to member service.
• Willingness to work flexible hours, and train both on/off the job to improve general business and lending skills.
• Strong personal commitment to professional development.
• Demonstrates a high capacity for increasingly complex workloads.
• Demonstrates organizational values through leadership and personal behaviors.

This role represents an existing vacancy. Internal candidates are being considered as part of our standard process.

Salary Range: CAD $52,000.00 to $75,000.00 annually.

Compensation for this role is based on a combination of skills, experience, and internal equity. Candidates with stronger alignment to the role’s requirements may be placed higher within the range. Your recruiter will share more information about our total rewards package during the hiring process.

Office Location

Business Banking Centre 100, 75 Corporate Park Dr., St. Catharines, ON.

This is a hybrid role.

Meridian has a remote work policy that allows flexibility for employees to work remote but also requires regular time in the office for purposeful meetings to collaborate, innovate and build effective relationships with your team, your colleagues and your leader which is very important to us.

What's in it for you?

• We have an inclusive and collaborative working environment that encourages creativity, curiosity, and celebrates success
• We provide you with the tools and technology needed to delight your candidates and clients
• You’ll get to work with and learn from diverse industry leaders
• Hybrid work arrangements with in-person office time to collaborate, innovate and build relationships with your colleagues
• This isn't your typical "corporate" job. We work hard and we have fun!

Build the Future of Banking with Us

At Meridian, we’re not just adapting to the future—we’re shaping it. We see talent as a catalyst for sustainable growth, community impact, and future-readiness. As the financial landscape evolves, we’re looking for team members who bring:

• Embedding & leveraging technology – Confidence and willingness to learn and integrate AI and emerging technologies into new ways of working. Experience with low/no code tools like the Microsoft Power Platform and generative AI productivity tools like Microsoft Copilot is considered an asset
• Critical Thinking – The ability to analyze, evaluate and interpret information from various sources and apply logic and problem solving to make decisions.
• Data Driven– Leverage data and insights to identify, prioritize and improve member experience and business efficiency.
• Curiosity & Flexibility – Comfortable navigating and embracing change and uncertainty, ask more questions, explore more options. Continuously learn and grow.

Our Commitment to Belonging

At Meridian, belonging starts with people. We are committed to creating an inclusive and accessible workplace where everyone feels valued, respected, supported, and empowered to bring their authentic selves to work. We believe that diverse backgrounds, identities, abilities, sexual orientation, experiences, and perspectives make us stronger and help us better serve our Members, communities, and one another.

We are committed to an accessible recruitment experience and will provide accommodation information to candidates selected for an interview.

To learn more about DEIBR at Meridian, visit meridiancu.ca.

Thank you for your interest in Meridian Credit Union. We look forward to learning more about you and the unique experiences and perspectives you could bring to our team.

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