Commercial Credit Portfolio Manager

SASCU; Salmon Arm; On-site; CAD 86,000 - 109,000; Full time

Job summary

A community-focused financial institution in Salmon Arm is seeking a Commercial Credit Portfolio Manager. The role involves managing a diverse portfolio of commercial credit exposures, ensuring quality and profitability. Successful candidates will have 6-7 years of experience in commercial credit underwriting and a Bachelor's degree in a relevant field. This full-time position offers a competitive salary, benefits, and opportunities for career growth.

Benefits

Competitive base salary

Comprehensive group benefits coverage

Flexible spending account

Flexible work arrangements

Opportunities for career growth

Qualifications

• 6-7 years of experience in commercial credit underwriting, portfolio management, or related roles.
• Strong knowledge of commercial credit products, credit risk assessment, and regulatory requirements.
• Proficiency in financial statement analysis and familiarity with portfolio management software.

Responsibilities

• Manage a diverse portfolio of commercial credit exposures.
• Lead the full credit underwriting process for commercial loan applications.
• Collaborate with Commercial Relationship Managers to structure credit solutions.
• Identify emerging credit risks through periodic reviews.
• Deliver insightful portfolio performance reports to senior management.

Skills

Analytical mindset

Attention to detail

Strong communication skills

Decision-making ability

Relationship focused

Education

Bachelor's degree in Finance, Business, Accounting, or a related field

Tools

Portfolio management software

Job description

We invite you to a join team where you can feel good about the work you do and the positive impact you will have in the communities we serve in the Shuswap region. We believe in fostering a work environment that is the perfect blend of friendliness, support, and professionalism, not to mention fun!

As the Commercial Credit Portfolio Manager you will manage a diverse portfolio of commercial credit exposures to support organizational growth and risk objectives by ensuring the quality, profitability, and ongoing maintenance of the commercial loan portfolio. The Commercial Credit Portfolio Manager works closely with internal stakeholders to assess credit risk, structure new and renewed lending facilities, and proactively identify portfolio trends.

What you’ll do:

• Lead the full credit underwriting process for commercial loan applications within assigned authority, ensuring alignment with credit policy, risk appetite, and regulatory expectations.
• Collaborate with Commercial Relationship Managers to structure viable credit solutions that balance member needs with prudent risk standards.
• Protect portfolio quality and profitability by proactively identifying emerging credit risks through periodic reviews, covenant monitoring, and early intervention strategies.
• Lead or support the introduction of new commercial lending products, features, or structures.
• Enable data-driven strategic decisions by monitoring key metrics and delivering insightful portfolio performance reports to senior management.
• Maintain stakeholder confidence and compliance by effectively supporting internal and external audits and regulatory reviews.
• Increase portfolio effectiveness by recommending process improvements in monitoring, reporting, and risk management.
• Anticipate and adapt to change by staying informed on industry trends, economic shifts, and regulatory developments affecting commercial lending.
• Demonstrate team collaboration through cross-training, vacation coverage, and providing support to retail underwriting when required.

What you’ll bring:

• Bachelor’s degree in Finance, Business, Accounting, or a related field.
• 6-7 years of experience in commercial credit underwriting, portfolio management, or related roles.
• Strong knowledge of commercial credit products, credit risk assessment, and regulatory requirements.
• Proficiency in financial statement analysis, risk rating tools; familiarity with portfolio management software is an asset.

You’re perfect for this role if you:

• Have an analytical mindset with excellent attention to detail.
• Possess strong communication skills—able to present complex credit matters clearly and persuasively.
• Are results-oriented with sound judgment and decision-making ability.
• Demonstrate the ability to manage multiple priorities and deadlines in a fast-paced environment.
• Are collaborative and relationship focused.

We invest in our employees by offering:

• A competitive base salary ($86,900 – $108,600 per year) plus performance-based incentive pay, and a pension plan with SASCU matching all funds.
• Comprehensive group benefits coverage including extended health and dental care, life and disability insurance, and an Employee Assistance Program.
• Flexible spending account for additional health and personal wellness activities and expenses.
• Flexible work arrangements and paid time off including vacation, medical/care time, personal days, and paid community volunteering.
• Opportunities for career growth, financial assistance for training and development, and rewards and recognition.
• Additional benefits including waived or reduced banking fees and reduced rates on personal loans and mortgages.

This is a full-time, Monday-Friday position. It is an excellent opportunity for a community-minded individual to further their career within a successful and growing organization. If this sounds like you, let us know!

Our Commitment to Diversity and Inclusion:

SASCU is an equal opportunity employer committed to supporting Diversity and Inclusion. We recruit and select applicants for employment based solely on their qualifications, training, and experience as they relate to the position, with emphasis on selecting the best-qualified person for the job. We support an inclusive environment where employees feel empowered to share their experiences, ideas, and perspectives.

A bit about SASCU:

SASCU Financial Group offers a broad range of personal and business financial services through SASCU Credit Union and its three lines of business: SASCU Insurance, SASCU Wealth, and Commercial banking. SASCU Credit Union branches are in Sicamous and Sorrento, plus two in Salmon Arm. Established in 1946, SASCU has more than 20,000 members, 165 staff, and $1 billion in assets. Learn more at www.sascu.com

We thank all candidates for their interest, however, only those selected for an interview will be contacted. The successful candidate will be required to meet fidelity bonding requirements, including completion of reference, criminal record, and credit checks.