Credit & Financial Analyst-(Hybrid)

Central 1 Credit Union; Toronto; Hybrid; CAD 65,000 - 80,000; Full time

Benefits offered by this job

Hybrid work environment

Incentive plan

Generous vacation

Flexible benefits

Retirement plan 6% match

Learning & development access

Wellness platform access

Career development opportunities

Volunteer day off

Corporate discounts

Job summary

Central 1 Credit Union is seeking a Credit & Financial Analyst to join the Treasury & Portfolio Management team. The role focuses on evaluating investment opportunities through credit, financial, and ESG analysis to support sound investment decisions.

You will collaborate with Portfolio Managers to improve processes and portfolio performance, with the position based in the Greater Vancouver area, BC or the Greater Toronto Area, ON.

Qualifications

• Previous experience independently preparing written credit or financial analyses is essential.
• Minimum of three years of work experience, ideally in the credit union system, banking, or finance with exposure to investments and risk management.
• Degree in commerce, business studies, or another quantitative field.
• Pursuit of accounting or CFA designation is encouraged.
• Proficiency in Microsoft Office and willingness to work with new technology.

Responsibilities

• Independently prepare high-quality quantitative and qualitative credit reviews, including ESG analyses, on fixed income securities and counterparties.
• Analyze data sources such as investor presentations, financial results, rating agency reports, and public information to identify trends.
• Serve as subject matter expert on securities, counterparties, and sectors within Central 1's fixed income universe and provide insights.
• Provide quarterly earnings updates to Portfolio Managers.
• Produce a monthly ESG dashboard.
• Represent Central 1 at external meetings and provide feedback and insights.
• Maintain meticulous documentation to support analyses and recommendations.

Skills

Credit analysis

Financial modelling

ESG analysis

Quantitative analysis

Microsoft Office

Communication

Education

Bachelor's degree in commerce, business or quantitative field

Pursuit of accounting or CFA designation

Tools

Excel

Financial software

Credit analysis tools

Job description

What we offer:

• Work-life flexibility
• Hybrid work environment
• Variable annual incentive plan
• Generous annual vacation allotment
• Top-notch flexible benefits plan including family building and gender affirmation
• Retirement Plan, matched contributions at 6%
• Access to a learning platform and educational assistance support
• Access to a virtual wellness platform
• Career development opportunities
• Wellness Flex Fund to support personal interest and activities
• Day off to volunteer in your community and other paid time off options
• Corporate discounts *subject to employment agreement

Job Summary: We're looking for a Credit & Financial Analyst to join our Treasury & Portfolio Management team. The team manages a fixed income investment portfolio that supports liquidity for the credit union system while balancing risk and generating strong returns. In this role, you'll work closely with Portfolio Managers to evaluate investment opportunities through credit, financial, and ESG analysis, helping support sound investment decisions. You'll also have the opportunity to contribute to projects and process improvements that enhance portfolio management and investment performance. This role can be based in either the Greater Vancouver area, BC or the Greater Toronto Area, ON

What you'll be doing:

• Independently prepare high-quality quantitative and qualitative credit reviews, including ESG-related analyses, on fixed income investment securities and counterparties.
• Analyze a wide range of data sources, such as investor presentations, financial results, rating agency reports, and other public information sources (e.g., media) to gather key information and identify trends.
• Serve as the subject matter expert on specific securities, counterparties, and/or sectors within Central 1's fixed income universe and provide relevant insights at internal meetings.
• Provide quarterly earnings updates to the Portfolio Managers.
• Produce a monthly ESG dashboard.
• Represent Central 1 at external meetings (investor roadshows, investor presentations, and market/economic updates) and provide feedback, updates, and insights.
• Committed to continuous process improvement.
• Implement automation including coding, data access, and use of AI.
• Work within the investment mandate and be able to recognize and report exceptions to policies and standards, when appropriate.
• Work closely with the Portfolio Managers, the Money Market desk, risk management, and other business lines.
• Maintain meticulous documentation to support the credit analyses and investment recommendations.
• Perform other duties as required.

What you’ll have:

• Previous experience independently preparing written credit or financial analyses is essential.
• Minimum of three years of work experience, ideally in the credit union system, banking, or finance industry with exposure to investments and risk management.
• A degree in commerce, business studies, or another quantitative field.
• Degrees in other subjects may be considered if the candidate can demonstrate competence in quantitative and/or business areas, either through formal education or through work experience.
• Demonstrated commitment to continuing education, including pursuit of an accounting or CFA designation.
• Proficiency in Microsoft Office.
• The incumbent must also be able and willing to develop an understanding of and work with technological systems.
• Be able to adapt and respond to changing priorities and business needs.
• Ability to express ideas clearly and logically and to formulate, present, and defend an argument calmly and reasonably while remaining open to differing views.
• Excellent writing skills and attention to detail, with the ability to accurately synthesize and distil information from a number of written, verbal, and online sources.
• Advanced quantitative capabilities and demonstrated financial modelling skills are required.
• Strong analytical, problem-solving, organizational, and time management skills.
• Awareness of Central 1's business needs and the ability to collaborate within the Treasury & Portfolio Management team and other departments in a curious and professional manner, including a willingness to engage in courageous conversations.

Salary range: $65,000-$80,000 The salary represents the job rate determined for the successful candidate who is fully competent in the role. The actual salary will vary depending on market conditions and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training.

#LI-Hybrid Central 1 does not use Artificial Intelligence (AI) technology to screen, assess, or select applicants during our recruitment process. This job posting is for an existing, specific vacancy within our organization. All applications will be considered exclusively for the position described in this posting.

Central 1 is an equal opportunity employer and committed to building an inclusive workforce by creating an environment where everyone feels like they belong and has the opportunity to be successful. We welcome all applicants to join our diverse workforce and we will provide an accessible candidate experience including, but not limited to accommodations to interview sites and alternate formats upon request to our Recruitment team.

Central 1 cooperatively empowers credit unions and other financial institutions to deliver banking choice to Canadians. Central 1 provides critical services at scale to enable a thriving credit union system. We do this by collaborating with our clients, developing strategies, products and services to support the financial well-being of their more than 5 million diverse customers in communities across Canada. For more information, visit www.central1.com. Our total rewards package goes beyond what goes into your credit union account. For eligible employees, we offer a comprehensive compensation structure consisting of a competitive base salary and individual and company-wide annual incentive, matched contributions for your retirement plan and a top-notch benefits plan. Beyond the numbers, we think about you as a person, offering work-life flexibility, career development opportunities and a day off to volunteer in your community. Central 1 is committed to building a diverse and inclusive workforce by creating an environment where everyone feels like they belong and has the opportunity to be successful. We are welcoming of all applicants and we will provide an accessible candidate experience.