Job Description

Position Summary

Reporting to the Manager of Commercial Financial Services, the

Commercial Financial Relationship Advisor

is responsible for overall administrative support to the commercial lending operation. This position does not have lending authority.

Requirements:

Provides administrative support to the commercial lending function. Identifies and prepares documentation relating to commercial mortgages, operating lines, term loans, etc. Maintains familiarity with all commercial credit forms and documentation. Prepares and verifies all commercial loan documentation for completion, ensuring credit union policies and procedures are followed. Prepares Promissory Notes, GSA documents, mortgage documentation and repayment schedules as assigned. Administers the PPSA system; conducts PPSA searches, registrations, renewals and discharges; pulls Credit Bureau Reports as assigned. Maintains diary systems for such items as fire insurance, mortgage renewals, term renewals, etc. Assists in the commercial credit annual review process by: maintaining the Annual Review Control list, requesting, collecting and following for documents requested from borrowers for monitoring annual renewals, preparing renewal letters and/or contacting commercial members to arrange for renewals, conducting follow-up and inputting data as required for annual reviews for supervisory approval and collecting fees associated with annual reviews. Assists with delinquency control, reviewing 5 and 10-day notices, initiating follow-up and reporting results weekly for supervisory review. Completes other delinquency follow-up duties as assigned. Assists in the preparation of delinquency reports including allowance for impaired report; delinquency rate report; loan statistical report and system credit committee report. Prepares report of loans recommended for write-off and following up on written off loans to monitor opportunity for recapture. Prepares monthly reports for the Credit Committee. Maintains spreadsheet on receipt of Third Party Demands for all commercial members, places holds on accounts, reviews periodically and remits funds to Revenue Canada. Collects preliminary information from existing and prospective commercial borrowers. This includes determining the nature of client's borrowing needs (nature of the commercial lending request--amount, type, etc.); advises member of documentation required for their commercial loan request; collects documentation from the member and forwards to commercial lender as a referral for follow-up by the commercial lender.

Skills:

Adaptability to change

Attention to detail

Financial accounting

Customer Service Orientation (internal and external)

Knowledge of financial principles

Knowledge of policies, procedures and regulatory environment

Knowledge of products and services

Listening, Understanding and Responding

Knowledge of commercial lending function

Work planning and management (organizational skills)

Teamwork and Cooperation

Written and verbal communication skills

Software proficiency in Microsoft Word, Excel, Outlook (scheduling & e-mail), Delinquency Management System (DMS), DataWatch, Horizon Banking,

Knowledge of Commercial Lending Administration processes and proceduresQualifications:

The Commercial Financial Relationship Advisor will have successfully completed a post-secondary certificate in business administration, plus have one to three years relevant experience; or an equivalent combination of training and experience.

If this sounds like a good fit for you, please email your resume and cover letter to Careers@mosaikcu.ca !

Job Type: Full-time

Pay: From $48,360.00 per year

Benefits:

Company events Company pension Dental care Disability insurance Employee assistance program Flexible schedule Life insurance On-site parking Paid time off Vision care
Flexible language requirement:

French not required
Schedule:

Day shift Monday to Friday
Work Location: In person