Financial Solutions Specialist

PenFinancial Credit Union; Fonthill; On-site; CAD 53,025 - 66,281; Full time

Job summary

PenFinancial Credit Union in Ontario is looking for a loan-focused professional to serve members and prospects by delivering value-added services in loans, mortgages, and investments. You will make sound lending decisions within discretionary limits and ensure timely, accurate administration.

You will identify opportunities to promote other member services, support branch campaigns, back up MSRs as needed, and help maintain exceptional brand experiences while following compliance and risk

Qualifications

• 3+ years progressive experience in credit union or bank branch with lending limits.

Responsibilities

• Meet with members to assess loan and mortgage needs within discretionary limits.
• Promote and cross-sell other member services.
• Handle loan documentation and ensure accuracy and compliance.
• Support branch campaigns and assist with Saturday rotation.
• Provide investment guidance on GICs, TFSAs, RRSPs, and RESPs when appropriate.
• Review delinquent accounts and assist with risk management.

Skills

Loans & mortgages

Financial counseling

Customer service

Cross-selling

Documentation

Job description

PenFinancial Credit Union is a member-owned financial institution dedicated to improving lives and strengthening communities across Niagara and Haldimand. Serving nearly 20,000 individual members and businesses, we offer full-service digital and in-branch banking backed by honest advice and local expertise. Guided by cooperative values — accountability, cooperation, respect, and trust — our people are at the heart of everything we do, and our values shape how we listen, collaborate, and serve our Members and communities.

A Living Wage employer with a deep Truly Local Commitment, PenFinancial reinvests a portion of its profits to support programs and initiatives that make a meaningful difference. We’re proud to support our teams with competitive compensation, performance-based success sharing, a defined contribution pension plan, wellness supports, and opportunities for ongoing learning. As a values-driven alternative to traditional banks, PenFinancial is built to put people — not profits — first. Learn more at PenFinancial.com.

Job Description

Provide exceptional brand experiences for our members or a prospecting Member by delivering value-added service to members including loans, mortgages, registered and non-registered investment products and keep a watch for opportunities to promote other member services to support member success. Complete all administrative duties accurately and as per required timelines – “first time right”. Make sound lending decisions within limits.

Differentiating Accountabilities (Duties may vary by branch location and size):

• Meeting with members to gather all required information needed to make sound loan and mortgage decisions within discretionary limits and/or make recommendations for approvals and/or declines to manager. Identify opportunities to promote other member services to support member success. As appropriate, provide individualized financial counseling (i.e. debt consolidations, budgeting) and information to members. Meet with families to review accounts of deceased members. Lead the account opening process. As appropriate, sell and cross sell credit union loan insurance products through the education of members.
• Complete all administrative duties accurately and as per required timelines – “first time right” including preparing instructions in support of complete, accurate and compliant loan and mortgage documentation. Ensure accurate on LOS. Provide documentation for solicitors. Conduct PPSA/Credit Bureau reports. Balance and process CDI/CI/CL reporting and remittance. Address loan extension requests, substitution of security, and complete problem solving to best suit the members’ needs. Prepare and process CAFTs, mortgage renewals, extensions, and add-backs. Check credit files, registered (TFSAs, RESPs, RRSPs, and RRIFs) and nonregistered investment entries processed by other staff to meet risk management requirements. Accurate prepare all estate related administration. Respond to all assigned reports.
• Work with and support all staff in the branch to ensure overall exceptional brand experiences for our members. Be a positive influence on the culture within the branch. Actively support all branch campaigns and promotions. Back up MSRs as needed. Support the Saturday rotation schedule.
• Review and act on all delinquent accounts and maintain a systematic collection procedure for early identification of problem accounts and promptly initiate and/or recommend appropriate action to minimize risk and initiate action under direction of Branch Manager.
• Interview and advise members regarding investments, including but not limited to GICs, TFSAs, RRSPs, RESPs, etc., and make referrals to appropriate staff as necessary.
• Perform other assigned responsibilities.

Qualifications

• 3+ years progressive experience in credit union or bank branch with lending limits

Salary Range: $53,025 - $66,281

Salary will be determined based on skills, experience, education and other qualifications relevant to this position.

This role is an existing vacancy

Artificial Intelligence (AI) could be used in the application process

Additional Information

To learn more visithttps://www.penfinancial.com/careers

While we welcome all applications, only those who are selected for an interview will be contacted.

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