Credit Analyst I

Servus Credit Union; Red Deer; Remote; CAD 40,000 - 70,000; Full time

Job summary

An established industry player is seeking an entry-level Credit Analyst I to join their Small Business team. This role offers a unique opportunity to provide vital administrative and analytical support, helping commercial relationship managers enhance members' financial fitness. With a strong emphasis on analytical skills and attention to detail, you will engage in tasks such as reviewing financial statements and preparing credit investigations. This position not only promises career growth but also offers a supportive and flexible work environment, making it an ideal opportunity for those looking to build a rewarding career in finance.

Benefits

Training & Development Opportunities

Career Advancement Potential

Flexible Work Options

Competitive Compensation

Community Volunteer Programs

Qualifications

• 1-2 years of banking experience required.
• Ability to read and analyze financial statements is an asset.

Responsibilities

• Provide administrative and analytical support to commercial relationship managers.
• Review and analyze financial statements and prepare credit investigations.

Skills

Analytical Skills

Attention to Detail

Multitasking

Financial Statement Analysis

Education

Grade 12 Diploma

Credit Analyst Training

Job description

Posting Closes: May 16, 2025 @ 4:00 pm (MST)

Employment Status: Full Time (37.5 hours per week); Remote Friendly - open to applicants from across the province; office location to be determined

Compensation: commensurate with education and experience

We are currently looking for an entry-level Credit Analyst I for the Small Business - North Region team.

Servus Credit Union is Alberta's largest member-owned credit union, known for building strong, resilient communities by helping our members feel good about their money. Recognized as one of Canada's Best Managed Companies for 20 consecutive years and ranked on Forbes World's Best Banks list for two years in a row, we are a team of smart, gutsy, and driven individuals.

Your primary goal is to provide our commercial relationship managers with administrative and analytical support so they can focus on reimagining our members' financial fitness.

More specifically, your responsibilities will include, but are not limited to:

1. Reviewing and analyzing financial statements
2. Preparing credit investigations, security inspections, and searches
3. Ensuring all documentation is completed and accurate
4. Assisting members with loan and deposit inquiries
5. Communicating information accurately to members and team members
6. Preparing commercial loan renewals
7. Preparing credit facility letters for review; assisting in resolution of security/account deficiencies
8. Understanding the corporate structure of members (Op-co, Holdco, multiple owners, etc.)
9. Understanding the basics of financial statements and what each statement indicates
10. Completing ratio analysis and interpreting ratios
11. Initiating the Annual Review process
12. Ensuring high member satisfaction through inquiry assistance, follow-ups, and financial understanding to recommend suitable products and services

Requirements

To qualify, you will need at least the following:

1. Minimum 1-2 years of banking experience
2. Knowledge of reading financial statements (asset)

Education and Training:

1. Minimum Grade 12 with a combination of education and practical experience
2. Availability to undertake Credit Analyst training/courses within the first 12 months

We seek candidates with strong analytical skills, attention to detail, and the ability to multitask. If you are organized and detail-oriented, seeking long-term career growth, we encourage you to apply!

Benefits

Working for Servus offers outstanding benefits, including:

• Training & Development Opportunities
• Career Advancement Potential
• Flexible work options
• Competitive Compensation including performance-based incentives
• Meaningful work aligned with individual and corporate goals
• Opportunities to participate in community volunteer programs

For more information about these benefits, Click Here.

As members of Servus, employees enjoy all credit union benefits, including profit sharing, voting rights, and additional perks.

Next Steps

Only selected applicants will be contacted for an interview. Please advise us of any accommodations needed during the hiring process.

Discover a sense of belonging among a team of diverse, authentic individuals working together to reimagine financial fitness. We value diverse backgrounds and experiences and encourage all qualified candidates to apply, even if you don't meet every requirement.