Commercial Lending Analyst

YNCU; Sault Ste. Marie; On-site; CAD 65,000 - 76,000; Full time

Job summary

A community-focused credit union is seeking a Commercial Lending Analyst to assess and underwrite commercial lending transactions. This role involves managing a diverse portfolio and supporting the Commercial Lending team in analysis and business development. Candidates should have over 2 years of commercial lending experience and a degree in a related field. The position offers a competitive salary between $65,000 and $76,000, along with comprehensive benefits and a supportive work environment.

Benefits

B Corp Certified

Competitive Compensation

100% paid benefits

7% matching pension

Wellness initiatives

Free banking account

Qualifications

• 2+ years of previous commercial lending experience.
• Ability to understand and analyze financial statements.
• Must have a valid Ontario driver’s licence.

Responsibilities

• Assist with assessment of financing proposals and credit applications.
• Conduct credit reviews of existing Members and maintain annual reviews.
• Research and analyze market segments to assess risk.

Skills

Commercial lending experience

Understanding financial statements

Sales and service experience

Research and analysis skills

Education

Post secondary diploma or degree in Business Administration, Economics, Finance, Commerce, Accounting

Job description

Commercial Lending Analyst

Location: Kitchener or Sault Ste. Marie, Corporate Office
Hours: Monday-Friday, 8:30‑5:00
Job Type: Regular Full-Time
Posting #: 25‑110
Reports to: VP, Commercial Sales/Director, Credit & Business Services

Are you a community-minded person that’s passionate about investing locally and giving back to your community? Do you like working with other awesome and like-minded people toward a common goal?

Here at Your Neighbourhood Credit Union (YNCU), we are all about putting our money where our mouth is and keeping our dollars local and investing back into our members, staff, and community; and we are looking for people like you to join our team.

The Role

The Commercial lending Analyst is responsible for assessing and underwriting commercial lending transactions. The incumbent will contribute to YNCU’s Commercial Lending profitability and growth by assisting in the ongoing management of a diverse portfolio of mid‑market business relationships. The incumbent will support the Commercial Lending team in analysis, credit application write‑up, portfolio management, and business development activities on a day-to-day basis including site visits as required.

Duties & Responsibilities

• Assist with assessment of financing proposals, due diligence, research and credit applications, and make recommendations that adhere to YNCU’s policies and risk guidelines.
• Coordinate with internal and external partners to facilitate the on-going management of credit facilities.
• Conduct credit reviews of existing Members and maintain annual reviews/renewals at or below targeted levels.
• Communicate with Commercial Lending clients on a day-to-day basis, responding to questions and inquiries regarding products, services and advice.
• Research and analyze market segments. Monitor market conditions and trends to assess risk.
• Collect and compile information and analyze financial statements to assess credit worthiness.
• Provide sound recommendations and justifications for credit proposals in light with detailed financial, business and credit analysis.
• Work closely with the VP, Commercial Sales to generate quality business and achieve expected revenue and growth targets.
• Be aware of enterprise risk management issues as they relate to Lending Services and bring forward strategic and risk issues for discussion, review and solutions to the Director, Commercial Lending.

What We Are Looking For

• 2+ years of previous commercial lending experience.
• Post secondary diploma, degree and/or certification in Business Administration, Economics, Finance, Commerce, Accounting or a related program, or an equivalent combination of education and experience.
• Ability to understand and analyze financial statements.
• Prior sales and service experience within the financial services industry and a general knowledge of available products & services.
• Ability to work outside of normal business hours when required.
• Must have a valid Ontario driver’s licence and reliable available vehicle.
• Must be bondable.

Why work at YNCU?

YNCU Employees Get To Be a Part Of The Growing Credit Union Movement And Help Us Get The Word Out On Why Banking Locally Is So Important. We’re Your Friendly, Helpful, And Financially Savvy Neighbour Who Provides Tailored Financial Services To Our Members, Supports Small Businesses, Creates Local Jobs, And Gives Back To Causes That Matter. Through Our Good Neighbours Employee Volunteer Program And Monthly Staff Donation Draws, We Even Let You Choose The Causes We Donate To And Support.

• B Corp Certified
• Competitive Compensation, Incentive Programs and Benefits
• 37.5‑hour work week
• 7% matching pension
• Benefits are 100% paid for by YNCU
• Wellness Initiatives including our Employee and Family Assistance Program, premium membership for Calm, Consult+, and LIFT Virtual Fitness
• Training and Development Opportunities
• Community Sponsored Events Employee and paid Volunteer opportunities
• Opportunities to get involved with fun and meaningful committees
• Free banking account
• Discounted Employee Rates

Salary range: $65,000 - $76,000

The compensation offered to the successful applicant for this role will be determined by the candidate’s relevant skills and experience and internal equity. More information about our total rewards package will be available during the hiring process.

YNCU strives to be a diverse workplace reflective of the communities that we live in. We are committed to a diverse workforce and invite everyone to apply. YNCU makes hiring decisions solely on qualifications, merit, and business needs at the time.

YNCU is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, colour, sex, gender, religion, sexual orientation, national origin, disability, pregnancy, or any other protected characteristic as outlined by national, provincial, or municipal laws. This applies to all employment practices within our organization, including hiring, recruiting, promotion, termination, layoff, recall, leave of absence, compensation, benefits, and training.

Your Neighbourhood Credit Union will provide accommodations for persons with disabilities, where needed, to support their participation in our recruitment process. Please contact Human Resources at [e-mail].