Description:
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 on-going 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 with 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
This position is for an existing vacancy within our team.
What We Are Looking For
- 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 & services
- Ability to work outside of normal business hours when required
- Must have a valid Ontario driver's licence and reliable available vehicle
- Must be bondable