Credit Analyst II

Vault Credit Corporation; Winnipeg; On-site; CAD 65,000 - 85,000; Full time

Job summary

Vault Credit Corporation in Winnipeg, Canada, is seeking a Credit Analyst II responsible for making credit decisions and preparing detailed analyses. The successful candidate will engage in underwriting analysis and provide recommendations based on clients' creditworthiness.

This role requires a minimum of 3 years’ experience in Business Credit underwriting and strong communication skills. The company offers a dynamic work environment focusing on efficiency and creative solutions.

Qualifications

• Minimum 3 years’ experience in Business Credit underwriting and risk management.
• Strong understanding of commercial business structures and financing options.
• Excellent credit writing skills and ability to solve challenges.

Responsibilities

• Make credit decisions within authorized limits and prepare credit analysis.
• Perform underwriting analysis of Borrower’s character and financial condition.
• Provide recommendations for credit decisions and ensure compliance with policies.

Skills

Business Credit underwriting

Risk management

Credit writing skills

Communication skills

Cash flow analysis

Teamwork

Education

Post-secondary education in business and finance

Job description

Company

Vault is a non-bank private lending company offering a wide array of financial services such as mortgage, leasing, and lending products. Vault has a devoted team of experts with years of experience in both financial services and real estate. We are dedicated to delivering products and services that meet the diverse needs of our borrowers, quicker and easier than traditional sources! We have a fast‑paced, fun, progressive, and friendly work environment. The company is currently experiencing growth that can be attributed to the “work hard, play hard” and “have fun while you work” values of the organization. This is a company with no politics or red tape; you will have the latitude and opportunity to run with it, taking ownership of your results with no ceiling of what you can accomplish.

Role – Credit Analyst II

The successful candidate will be responsible for making credit decisions within his or her authorized credit limit, as well as preparing detailed credit analysis and recommendations on transactions exceeding the Analyst's credit limit for decisions to be made at higher authority levels. Constantly striving for efficiencies and assisting risk management within the portfolio is also a key component of this role.

Key Performance Objectives

• An integral part of the lease origination process. Responsible for performing underwriting analysis of Borrower’s character, creditworthiness and financial condition.
• Provide direction and leadership on transactions to origination and sales support members, on structure, terms, conditions, security and covenant recommendations.
• Conduct research, financial and statistical analysis to determine and support the clients' creditworthiness while minimizing risk exposure. Provide recommendations or justification for the credit decision.
• With a strong understanding of cash flow reports, financial ratios, trends, etc., successfully spread and analyze business financial statements and/or tax returns.
• Sound knowledge of credit scores reported on commercial credit bureaus and consumer credit bureaus.
• Ensure compliance with corporate credit policies and procedures.
• Interact with senior leadership team.
• Proactively identify areas requiring process improvements and take ownership for proposing creative solutions.
• Perform vendor reviews.
• Conduct analyses to determine causes and cures for delinquency.
• Understand market changes and remain relevant knowledge of industry issues.
• Completes ad‑hoc requests as needed.

Qualifications

• Minimum 3 years’ experience in Business Credit underwriting and risk management in a financial services environment, combined with relevant post‑secondary education with an emphasis on business and finance.
• Strong understanding of commercial business structures. Familiarity with acceptable financing options and techniques.
• Sound knowledge and understanding of business financial statements, business case, cash flow analysis, commercial lending security documentation, including collection/work‑out techniques and remedies.
• Excellent credit writing skills. Demonstrates innovative and creative approaches to solving difficult challenges and seizing opportunities.
• Proven ability to identify and quantify subtle business risks and the ability to identify key drivers of risk and focus discussions accordingly.
• Strong verbal and written communication skills.
• Ability to exercise sound judgment. Works well in a team environment.
• Able to prioritize and plan workload, and to meet deadlines in a dynamic, fast‑paced environment. Self‑motivated.

We are committed to providing accommodations for people with disabilities. Should you require accommodation, we will partner with you to meet your needs.