Commercial Lending Analyst, Kitchener

Commercial Lending Analyst Location:

Kitchener or Sault Ste. Marie, Corporate Office

Employment Type:

Regular Full-Time

Posting #:

26-39 Reports to:

Director, Credit&Business Services

Are you a community-minded person that’s passionate about investing locally and giving back to your community? Do you like working with other awesome and like‑minded people toward a common goal?

Here at Your Neighbourhood Credit Union (YNCU), we are all about putting our money where our mouth is and keeping our dollars local. We invest back into our members, staff, and community and are looking for people like you to join our team.

The Role The Commercial Lending Analyst is responsible for assessing and underwriting commercial lending transactions. The incumbent will contribute to YNCU’s Commercial Lending profitability and growth by assisting in the ongoing management of a diverse portfolio of mid‑market business relationships. The incumbent will support the Commercial Lending team in analysis, credit application write‑up, portfolio management, and business development activities on a day‑to‑day basis, including site visits as required.

Duties&Responsibilities

Assist with assessment of financing proposals, due diligence, research and credit applications, and make recommendations that adhere to YNCU’s policies and risk guidelines.

Coordinate with internal and external partners to facilitate the ongoing management of credit facilities.

Conduct credit reviews of existing members and maintain annual reviews/renewals at or below targeted levels.

Communicate with Commercial Lending clients on a day‑to‑day basis, responding to questions and inquiries regarding products, services and advice.

Research and analyze market segments; monitor market conditions and trends to assess risk.

Collect and compile information and analyze financial statements to assess credit worthiness.

Provide sound recommendations and justifications for credit proposals in light of detailed financial, business and credit analysis.

Work closely with the VP, Commercial Sales to generate quality business and achieve expected revenue and growth targets.

Be aware of enterprise risk management issues as they relate to Lending Services and bring forward strategic and risk issues for discussion, review and solutions to the Director, Commercial Lending.

Qualifications

2+ years of previous commercial lending experience.

Post‑secondary diploma, degree and/or certification in Business Administration, Economics, Finance, Commerce, Accounting or a related program, or an equivalent combination of education and experience.

Ability to understand and analyze financial statements.

Prior sales and service experience within the financial services industry and a general knowledge of available products and services.

Ability to work outside of normal business hours when required.

Must have a valid Ontario driver’s licence and reliable vehicle.

Must be bondable.

Benefits

B Corp Certified.

Competitive compensation, incentive programs and benefits.

37.5‑hour work week.

7% matching pension.

Benefits are 100% paid for by YNCU.

Wellness initiatives including our Employee and Family Assistance Program, premium membership for Calm, Consult+ and LIFT Virtual Fitness.

Training and development opportunities.

Community‑sponsored events, employee and paid volunteer opportunities.

Opportunities to get involved with fun and meaningful committees.

Free banking account.

Discounted employee rates.

Salary range: $69,000– $74,000. Compensation will be determined by the candidate’s relevant skills and experience and internal equity. More information about our total rewards package will be available during the hiring process.

YNCU is an equal‑opportunity employer committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, colour, sex, gender, religion, sexual orientation, national origin, disability, pregnancy or any other protected characteristic as outlined by national,provincial or municipal laws. The same applies to all employment practices, including hiring, recruiting, promotion, termination, layoff, recall, leave of absence, compensation, benefits and training.

YNCU will provide accommodations for persons with disabilities, where needed, to support their participation in our recruitment process.

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