Job Description

Description :
Our Story & Purpose:
We're Vancity, a member-owned credit union built on the principles of inclusion and social justice. Since 1946, our relentless commitment to these values has helped us challenge the status quo and break down barriers. We've made bold commitments to become net-zero by 2040 across all mortgages and loans, and we're actively pursuing strategies in Indigenous banking and financial resilience for our members.
As the largest private sector Living Wage Employer in Canada, we're proud to be consistently recognized as one of the country's Top Employers. If you're ready to join our team of 2,700 diverse individuals, access competitive rewards and benefits, and be part of a greater movement - apply today!
Your Role in Supporting Our Members:
The Commercial Banking Senior Analyst underwrites complex credit applications for small and medium businesses, as well as real estate construction and investment properties. Supporting the sales team, you'll conduct due diligence on borrowers and prepare credit applications for new loans, annual reviews, and amendments, all within commercial lending policies. You'll deliver expert underwriting advice to meet member needs, achieve business goals, and support transactions with social, environmental, and community impact.
This full-time, permanent position is based at Vancity's head office, reporting to the Manager, Commercial Banking Analysts. The role is hybrid, requiring at least one in-office day per week.
How You'll Make an Impact

• Performing timely and accurate analysis of information from commercial borrowers to determine risk involved in lending money to new and existing businesses
• Providing advice and collaborating with Commercial Account Managers to underwrite high-quality new business credit applications
• Performing annual reviews of existing business credit facilities to evaluate performance
• Working effectively with Risk Managers to achieve timely delivery of credit approvals
• Accompanying Commercial Account Managers on member meetings to participate in discussions on financial/structural aspects of new business loan requests
• Providing technical advice and expertise to Associate Analysts and Analysts to foster their professional development

What You'll Bring to the Team

• Undergraduate Degree in Accounting, Finance or Business Administration, or similar professional experience
• Minimum of three years commercial lending experience
• Strong understanding of financial accounting principles and a demonstrated strength in the analysis and interpretation of financial data, commercial property appraisals and credit information
• Extensive experience in structuring and presenting commercial credit proposals, including risk assessment and mitigation strategies
• Strong business writing skills
• Excellent organizational and prioritization skills, with a strong attention to detail
• Excellent verbal and written communication skills, enabling effective collaboration with clients, colleagues, and senior leadership

You'll Thrive Here If You Are:

• Resourceful - You understand and utilize the network of resources available to you and can independently formulate appropriate solutions for your members
• Tech-savvy - People often say you're a quick learner and great with technology & systems
• A strong relationship builder- You find it easy to get to know others and build trust
• Ready for a challenge - You have a positive attitude and are able to work in a fast-paced changing environment
• Self Motivated - You able to work with little direction at times, but also able to work collaboratively with others as required.

We value lived experience, so if you are interested in this role, we encourage you to apply even if you feel your skills don't perfectly align with those listed.
What You'll Earn:
This role offers a salary range of $71,500 to $107,300 per annum. The base pay offered may vary depending on factors such as relevant qualifications, skills, previous experience, and internal equity. As part of our total rewards package, employees may also be eligible for our annual incentive program, subject to program eligibility requirements.
Why You'll Love Working Here:
A career at Vancity is more than just a job, you're joining a tradition of change-makers who are creating lasting change for our communities. Beyond base pay, we offer a comprehensive total rewards package to ensure our employees are empowered to thrive:

• Living Wage Employer: We're the largest private-sector Living Wage Employer in Canada and consistently ranked among Canada's Top Employers.
• Customizable Benefits: Permanent employees receive flexible benefit packages that can be tailored annually to meet evolving needs.
• Generous Vacation: New employees start with 3-4 weeks of vacation per year, with additional days earned over time.
• Extra Stat Holidays: In addition to BC's 11 statutory holidays, we offer 2 extra days, plus care days for personal or family illness.
• Immediate Health Coverage: Health and dental benefits begin on your hire date, with three levels of coverage to choose from.
• Defined Benefit Pension: Our retirement plan provides a guaranteed income for life, recognizing that retirement looks different for everyone.

Vancity Talent Programs:
Vancity supports an inclusive hiring process for candidates who self-identify as Indigenous, Black, or Trans. With special permission from the BC Human Rights Commissioner, this initiative provides access to career development opportunities, prioritized job screening, and feedback. Any information you choose to share will be stored securely and used only for recruitment and career development connected to this initiative, in line with the BC Personal Information Protection Act (PIPA). For details, please see our dedicated Talent Programs job posting.
At Vancity we're committed to creating a welcoming and inclusive workplace to help our people and communities thrive and prosper. Diversity in our workforce is integral so that we can truly represent, understand and respond to our community needs and deliver on our member experience.
We are also committed to an inclusive, barrier-free and accessible recruitment experience for all candidates. If you require any accommodations or support at any stage of the recruitment process (including the application stage), we encourage you to let us know by contacting our Talent Acquisition team at recruitment@vancity.com. We're here to work with you to ensure your needs are met promptly and effectively. All requests will be handled with the utmost respect and confidentiality, so you can participate fully in the process.
Skills : Business Lending: Expert
Credit Analysis: Expert
Education : Bachelors
Bachelors
Bachelors
Licences & certifications Chartered Fin Analyst
Certified Mgmt Accountant

Skills Required