Commercial Analyst - Hamilton
Hamilton, CA
3d ago

Who we are :

At Meridian, we’re committed to providing Canadians with exceptional banking, features, services, security, and advice so they can get everything they want from their money, and their lives.

We are Ontario’s largest credit union and the second largest in Canada, with over 350,000 Members. Credit unions are not-for-profit, and more focused on community.

At Meridian, our Members are owners - that means that any profit we make goes right back into improving our products and services and innovating new ways to enhance our Members' lives.

Meridian’s dedication to helping Canadians goes beyond banking. Thriving communities are essential to the individual well-being of our Members and the overall well-being of Canadians.

That’s why we invest portions of our profits in financial literacy, local community organizations, environmental initiatives, co-op programs, and more.

We also match our employees' donations and empower them to get more involved in volunteering.

Our Business Banking Practice :

At Meridian, our vision is to be recognized as the financial institution that has the most local impact, supported by a purpose-driven Value Proposition to our Members.

We take the time to get to know our Members' business, anticipate their needs and provide customized solutions. After all, our obligations are to our Members, not shareholders, and we take to heart the best interests of our Members and communities we serve! We're passionate about what we can do for their business and we’re empowered to leverage our local autonomy to meet their unique needs.

In addition to building customized solutions for business, we offer full service commercial banking solutions, including a wide selection of daily banking products, complementary lending services, cash management solutions, as well as insurance and investments.

About the role :

This permanent, full-time position will be responsible for assisting our Relationship Managers, Commercial Services through direct member contact.

You will be a part of our team to grow the size and profitability of the commercial book while minimizing loan risk and maximizing product penetration.

You enjoy a fast-paced exciting environment with a commitment to achieving results.

The successful candidate will have experience in analyzing lending proposals in medium to large real estate & Construction Financing, lending in Hospitality industry and General Industry (working capital financing).

A fast-paced and exciting environment in a high growth segment of our business will challenge successful candidates.

What you will do :

  • Supporting our Relationship Managers, Commercial Services through analysis of financial and account operating data, and recommending appropriate courses of action for credit related matters.
  • Understanding member needs after discussions with the Relationship Manager and being capable of independently writing a lending proposal detaining both the financial and non-financial parameters important to decision making.
  • Managing many of the routine account operating issues encountered by our commercial members, anticipating / recognizing members’ needs, and proactively making product and service recommendations.
  • Liaising with other MCU staff and outside product / service suppliers to meet the needs of our members.
  • Establishing personal goals and action plans to support the Business Banking Centre and Retail branch business objectives, with some community involvement required.
  • Demonstrating an ongoing willingness to assume higher degrees of accountability and responsibility, leading to assumption of a position as a Relationship Manager, Commercial Services.
  • Actively monitors and manages the profitability of Meridian’s relationship with a member in order to retain and maintain business.
  • Keeps abreast of changes within diverse industry sectors and proactively identifies opportunities to improve the growth and development of the assigned portfolio by analyzing member needs, trends, and competitor offerings.
  • What you will bring :

  • Demonstrates organizational values through leadership and personal behaviors.
  • Post-secondary education or related job training, with detailed knowledge of financial accounting and lending principles.
  • Strong personal commitment to professional development.
  • Good knowledge of banking system and business account operating procedures.
  • Excellent communication / presentation, interpersonal and team skills.
  • Ability to work independently with confidence and strong commitment to member service.
  • Willingness to work flexible hours, and train both on / off the job to improve general business and lending skills.
  • Demonstrates a high capacity for increasingly complex workloads.
  • Experience the Difference!

    Thank you for your interest in Meridian Credit Union. Please note that due to the volume of applications, only those under consideration will be contacted for an interview.

    Meridian is committed to providing accommodations for people with disabilities. Should you require an accommodation, we will partner with you to meet your needs.

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