Job Description

Description :

The Senior Analyst, Community Business is responsible for underwriting complex commercial credit applications for the small and medium sized business market and the real estate construction/investment property market. You will support the sales team by conducting appropriate due diligence and investigation of existing and prospective commercial borrowers and by preparing credit applications for new business loans, annual reviews, and amendments within the guidelines of commercial lending policies and procedures. You will provide high quality business loan underwriting advice and service that will enable the meeting of member needs, achievement of departmental business goals and support of social, environmental and community impact transactions.

The Team: The Senior Analyst, Community Business reports directly into the Manager Community Business Support.

A typical day would involve:

• 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 collaborate 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.

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.

You have:

• Strong understanding of financial accounting principles and a demonstrated strength in the analysis and interpretation of financial data, commercial property appraisals and credit information.
• Strong experience in structuring commercial credit.
• Strong business writing skills.
• Excellent organizational and prioritization skills, with a strong attention to detail.
• Excellent communication skills.

Education & Experience

• Undergraduate Degree in Accounting, Finance or Business Administration, or similar professional experience.
• Minimum of three years commercial lending experience.

Pay Band: 7

Posting Deadline: Please apply by 4:00 PM, October 21, 2022

Please note that all shortlisted candidates for this role will be required to complete a background check which includes resume verification, credit check, criminal record check. Vancity is an inclusive and equitable employer and actively seeks to advance racial equity, inclusion and belonging across the organization. Vancity offers required accommodations in all stages of the recruitment process. If you require an accommodation, please advise us, and we will work with you to meet your needs.

About Vancity:

• Our vision is a transformed economy that protects the earth and guarantees equity for all. As a values-based financial co-operative, we are committed to transforming how banking is done by helping our members and local communities thrive financially, socially and environmentally with impact to make our world a better place.
• We are the largest private-sector Living Wage Employer in Canada and have been consistently recognized as one of the Top Employers in Canada. Come join our team of 2,600 diverse individuals and access competitive rewards & benefits.
• Start your Vancity career journey with us even if you're new to financial services! We encourage opportunities to learn & develop to prepare you for career success, which in turn continuously impresses how we serve our membership.
• We value Integrity, Innovation, Responsibility and Reconciliation.
• To learn more about Vancity, please visit www.vancity.com/AboutVancity.