At more than $4.2 billion in assets under management, Westminster Savings is one of Canada’s largest credit unions. Through our 420 employees, our focus is serving our more than 67,000 members across each of our four lines of business Consumer Banking, Commercial Banking, Wealth Management and Auto / Equipment Leasing.
We enrich our customers’ lives by looking beyond accounts, rates, products and services to ensure we continuously deliver real and tangible value to them.
We are very proud of the culture we’ve created one that reflects our desire to work collaboratively with our employees, invest in potential and celebrate our wins, both big and small.
There is a shared sense of pride at Westminster Savings in the work we do every day and an unwavering commitment to our employees’ continued success.
Join a team that is as committed to your career as you are.
Westminster Savings is now proud to be certified as a "Great Place to Work".
The Commercial Banking Analyst works together closely with the Relationship Managers to assist in the following : Commercial Banking Analyst Credit Underwriting
prepares credit applications and makes recommendations for new loans, loan renewals and amendments within the guidelines outlined in WSCU lending policy and procedures.
develops action plans to minimize Credit Union exposure where appropriate; and identifies solicitation opportunities for Commercial Banking, WSCU lines of business and preferred partners.
Prepares recommendations to renew or not and refers to appropriate level for approval if over discretionary authority. Reviews reports (e.
develops action plan to ensure risk is minimized. Determines and recommends whether to retain, expand or de-market existing relationships based on analysis of credit risk, profit contribution and other considerations and submits recommendations to appropriate level of authority.
Monitors projects being financed to ensure draw down stipulations are met; meets with members when appropriate and develops action plans to ensure loans are managed appropriately and risk is minimized.
Resource for other WSCU Lines of Business Acts as a resource for WSCU employees, providing expert advice and assistance with analysis of financial statements to determine income available for other loan / lease applications. About You
The ideal candidate will have 2 to 4 years experience in a commercial lending position.
In addition, you will have the following competencies :
of colleagues and stakeholders. Excellent organizational and time management skills with the ability to work under pressure and meet deadlines.
In-depth understanding of general accounting principles and financial statements, including cash flow analysis. In-depth understanding of loan documentation, legal and practical concepts of collateral.
Basic knowledge of loan realization. Excellent knowledge and comfort level with various computer software programs, i.e.
MS Word and Excel. What we can offer you :
Please apply NOW!