Financial Services Officer- 1 Year Contract

League Savings and Mortgage; Halifax; Hybrid; CAD 59,000 - 70,000; Full time

Job summary

A credit union owned financial institution in Halifax is looking for a Financial Services Officer for a one-year contract. The role involves managing the commercial loan portfolio, providing customer service, and promoting additional products. Ideal candidates will have a Diploma in Business Administration and 3-5 years of relevant experience. Competitive salary and a supportive work environment are offered along with remote work options.

Benefits

Competitive contract benefits package

Performance Sharing Incentive Plan

Flexible working arrangements

Personal days and birthdays off

Qualifications

• 3-5 years relevant lending and/or commercial administration experience in a financial institution.
• Equivalent combination of training and experience may be considered.

Responsibilities

• Administer the commercial loan portfolio, ensuring compliance and accuracy of documentation.
• Provide high quality customer service to clients and credit unions.
• Cross-sell other LSM products and services to clients.

Skills

Loan documentation

Commercial loan renewal

Analysis

Education

Diploma in Business Administration

Job description

Discover

The Opportunity

Who WE Are :

League Savings & Mortgage (LSM) a credit union owned company is a federally regulated financial institution based in Nova Scotia. We deliver quality results and offer a collaborative and community focused work environment in which to do it. Our employees wellbeing is a top priority and we underscore that with flexible working arrangements personal days and even birthdays off to enable employees to strike a balance that works for them. We strive to create an environment where all team members have opportunities for growth and feel welcome valued supported and connected.

If your values align with ours consider joining our team as a Financial Services Officer for a one year contract.

A TYPICAL WEEK :

Working as part of a dynamic and dedicated Commercial Lending team the FSO I is responsible for the administration of the commercial loan portfolio. They work closely with managers solicitors and lending partners in the ongoing maintenance of the commercial lending portfolio. They also provide specialized commercial mortgage administrative and project support to the Commercial Lending department; high quality customer service to clients and credit unions; and promote and cross-sells existing and potential clients on the benefits of using other LSM / AC and / or credit union products and services.

What youll do

Responsibilities

Prepares and processes commercial loan renewal documentation interest rate blends for refinances and early renewal requests. Reviews files and completes Rate determination form for Commercial Analysts. Contacts members / credit unions to follow up for signed documents and review terms offered determine solutions to retain business and identify potential refinance and other business opportunities.

Prepares loan disbursements. Works closely with underwriters clients credit unions and brokers to ensure required documents are received accurate and in compliance prior to funding. Reviews legal documentation and verifies for accuracy. Recommends and / or makes appropriate changes to conditions in accepting alternate documentation to fulfil requirements and ensure compliance. Contacts solicitors and ensures legal documentation complete and accurate and special conditions are met prior to disbursement of funds. Processes advances including but not limited to reviewing inspection reports calculating progress draws / holdbacks and setting up repayment terms.

Verifies posts and balances ACLSM business transactions including account openings disbursements renewals payouts. Prepares and balances journal sheets and liaises with Accounting to resolve any reconciliation issues.

Follows for and reviews final security documentation received from lawyers and liaises with lawyers to have required correction / amendments made. Ensures completeness and verifies accuracy of all required documents before finalizing the security file.

Analyzes potential lending and / or deposit opportunities involved in each situation to further assist the client. Cross sells existing and potential borrowers on the benefits of utilizing other LSM and / or credit union products and services.

Acts as a resource to the LSM and AC underwriters commercial / lending services administrators credit union staff clients and brokers regarding commercial and lending services procedures and product information. Provides input and assists in the development and implementation of new practices.

Serves as the primary back-up to the other FSO I Commercial Lending and assists with back-up of Administrator II Commercial Lending Services. Participates in cross-training on a regular basis on the other commercial / lending services administration functions and provides back-up to these functions as required. Actively participates in achieving departmental objectives. Develops and maintains procedure guide for the incumbents position seeking opportunities to improve upon current working practices.

Completes other duties and projects assigned.

What youll need

Qualifications

As the ideal candidate you will have successfully completed a Diploma in Business Administration plus have 3-5 years relevant lending and / or commercial administration experience in a financial institution; or an equivalent combination of training and experience.

Were looking for

Core Skills

Loan documentation Commercial loan renewal Anaysis

A little bit about us

League Savings and Mortgage

About LSM

LSM is Atlantic Canadas credit union owned financial institution and has partnered with credit unions to provide a wide range of competitive financial products and services to support Credit Union success since 1966.

We are proud to be a Certified B CorporationTM joining a global movement of people using business as a force for good. We are committed to making business decisions that are in the best interests of our employees credit unions and their members.

Curious about what else we do Check out our website or LinkedIn page.

We are committed to providing a work environment that fosters inclusion value and respect and reflects the diversity of the communities in which we live and serve. We encourage and welcome applications from traditionally underrepresented and equity-seeking groups. All qualified applicants will receive equal consideration; however priority will be given to Canadian citizens and permanent residents. Should you require any accommodation during the recruitment process or otherwise please notify us and we will work to meet your accessibility needs.

Are you interested

Work With Us

COMPENSATION :

This is a one year contract position and is rated a Salary Level CU-5 with a salary range $59490- $69988. LSM offers a competitive contract benefits package as well as the opportunity to participate in the Performance Sharing Incentive Plan.

LOCATION :

This position will be based in our Halifax NS office and provides services throughout Atlantic Canada therefore offers the ability to work remotely as required.

TRAVEL EVENING AND WEEKEND WORK :

This position requires occasional evening and weekend work.

Required Experience :

Unclear Seniority

Key Skills

Electro Mechanical,Instrument Maintenance,Adobe Dreamweaver,Document Control Management,E-Commerce

Employment Type : Contract

Experience : years

Vacancy : 1

Yearly Salary Salary : 59490 - 69988