An exciting and immediate career opportunity is currently available at WFCU Credit Union for a:
Commercial Analyst
As a Commercial Services Analyst, you will provide support to the Commercial Services department in the areas of credit underwriting and risk analysis. The Analyst team plays a key role in helping the Commercial Services department achieve its growth objectives while ensuring that sound lending policies and procedures are followed at all times.
Position Type: Vacant Position
Salary Range: $46,000 - 90,000
In summary, the Commercial Analyst will:
- Report to the Team Leader, Commercial Analysts.
- Provide assistance and support to Commercial Account Managers and Directors as required.
- Coordinating and preparing annual reviews for borrowing members with a high level of quality so that the commercial portfolio remains compliant with the Credit Union’s established lending guidelines and FSRA best practices.
- Assist in underwriting new lending opportunities for borrowers operating in diverse industries throughout Canada.
- Oversee the administration and maintenance of a commercial portfolio consisting of commercial mortgages, loans, lines of credit and letters of credit to meet the borrowing needs of our members.
- Provide ongoing credit risk analysis, loan structuring, and pricing for a loan portfolio to maximize returns while taking the least amount of risk.
- Monitor the compliance of the commercial portfolio, including financial covenants and security.
- Prepare written and electronic correspondence.
- Complete all necessary reports and monthly logs of the assigned portfolio.
- Demonstrate exceptional professionalism and confidentiality
- Monitoring assigned loan portfolio ensuring commercial borrowing members adhere to the terms and conditions of their authorized credit facilities.
- Adhering to and complying with established policies, guidelines and procedures with a high level of accuracy and attention to detail.
The “must-have” skills and qualifications that we’re looking for are:
- The individual must possess a university level degree in a related field. An undergraduate degree in business is preferred
- §General knowledge of financial statements and accounting practices is required
- A high level of analytical ability, sound credit analysis, and exceptional business writing skills are required
- Excellent computer proficiency operating Microsoft Office programs, specifically Microsoft Word & Excel
These additional skills are considered assets too:
- 2+ years of Commercial Lending / Banking Experience.
- Experience working in the financial services industry.
If you feel you’re a great fit, let us know why!
We appreciate the interest of all applicants, however, only those candidates selected for an interview will be contacted. Applications may be sent to the attention of:
Emily Wigfield
Talent Acquisition Specialist - WFCU Credit Union
3000 Marentette Avenue, Windsor, Ontario N8X 4G2
[email protected]
WFCU Credit Union will accommodate the needs of candidates with disabilities through our recruitment process as we are made aware of these requests. The accommodation will be based on the individual needs of the job candidate.
Working at WFCU Credit Union
For the seventh consecutive year, WFCU Credit Union has been certified as a Great Place to Work®, as well as repeatedly been named one of the Best Workplaces in Canada™. Joining WFCU means you will be part of a team committed to providing members with a high level of service, while also supporting the communities we serve to be the best places to live and work.
As an employee of WFCU, you'll have the opportunity to work in a positive, goal-driven, and professional environment. Our award-winning HR philosophy to "hire the best, treat them well, and see them stay" is a point of pride and a key factor in our employees' success and WFCU’s success.
We seek the best and brightest professionals and provide them with ample opportunity for advancement. Our industry-leading compensation package includes comprehensive benefits and training programs, plus a fantastic wellness program with several distinctive perks. A few highlights include:
- An annual monetary benefit equivalent to a percentage of an employee’s salary intended to enhance physical and mental well-being. This can be used towards a vacation package, spa services, gaming equipment, and more!
- Discounts on WFCU’s financial products and services, including a $10,000 Line of Credit at 0% interest.
- A bank of up to 10 annual personal days, as well as 13+ paid holidays.
- A voluntary RRSP matching program at 5% of an employee’s annual salary.
Experience our Employee Advantage Program which demonstrates our unmatched commitment to opportunities for professional and self-development, employee wellness, competitive compensation, and a culture of celebration!
It's an exciting time to join our team. To find out more, apply today!
About WFCU Credit Union
WFCU Credit Union is a leading progressive financial institution headquartered in Windsor and Essex County since 1940. Proudly serving Ontario residents, community organizations, small businesses, commercial entities, and public institutions for over 84 years, WFCU is the sixth-largest credit union in Ontario, and the 20th largest credit union in Canada.
Together with its retail divisions, Rapport, ECU, and Health Care, WFCU operates 24 branches across Ontario from Thunder Bay to Kingston, Toronto to Windsor, and numerous smaller communities in between. WFCU’s 80,000+ members can bank anytime, anywhere through a variety of service channels, including online and mobile banking, live telephone banking, and ATM services.
Job Types: Full-time, Permanent
Pay: $46,000.00-$90,000.00 per year
Application question(s):
- Do you know anyone who works at WFCU Credit Union?
- What are your salary expectations?
Education:
- Bachelor's Degree (preferred)
Experience:
- banking: 2 years (preferred)
Work Location: In person
