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Commercial Analyst (Full-time; Hybrid)
Commercial Analyst (Full-time; Hybrid)Mainstreetcu • Sarnia, Lambton County, CA
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Commercial Analyst (Full-time; Hybrid)

Commercial Analyst (Full-time; Hybrid)

Mainstreetcu • Sarnia, Lambton County, CA
Il y a plus de 30 jours
Type de contrat
  • Temps plein
Description de poste

6 days ago Requisition ID : 1072

Salary Range : $68,699.00 To $85,874.00 Annually

About Us :

We are a dynamic and growing credit union with 11 locations across Southwestern Ontario, committed to providing exceptional financial services to our members.

We believe we have the best team in the business due to our leadership philosophy of excellence, and team development. With our full spectrum of investment, credit, and general banking instruments, our team can build the solution that is best for our customers; and since our customers are also our shareholders, this will always be our business objective!

Mainstreet Credit Union is actively seeking an experienced Commercial Analyst to join our growing team!

Why Join Our Team?

At Mainstreet we believe in investing in you – whether it is our employees or our incredible members. At Mainstreet we are committed to providing exceptional service, advice and improving and making a difference in the lives of our members.

Mainstreet offers its employees :

  • Work-life balance and flexible work arrangements
  • Opportunities for training and advancement
  • Generous salary, vacation and benefits (Mainstreet is a Living Wage employer)
  • Opportunity to work at a values-based cooperative

Our Values :

Personalized : High quality personalized advice with flexible solutions.

Supported : Highly responsive through empowered professionals.

Known : Meaningful impact and connected to community.

Easy : Easy and in the way our members prefer.

The Role : Job Function :

The Commercial Analyst supports the growth and quality of Mainstreet Credit Union’s commercial and agricultural lending portfolio by providing strong underwriting, analysis, and portfolio monitoring. This role works closely with Relationship Managers to prepare credit applications (New Money and / or Annual Reviews), conduct financial analysis, and complete annual reviews in alignment with credit policy and risk appetite.

The Commercial Analyst helps ensure disciplined underwriting, timely identification of risk, accurate documentation, and compliance with regulatory requirements.

Major Duties and Responsibilities

Underwriting and Credit Analysis

  • Work collaboratively with Relationship Managers to ensure credit solutions balance member needs and risk mitigation.
  • Prepare, analyze, and structure commercial and agricultural credit applications in alignment with credit policy.
  • Conduct financial statement reviews, cash flow analysis, ratio interpretation, and collateral assessments.
  • Analyze financial and personal net worth statements, including debt servicing, working capital, debt-to-equity, and other ratios.
  • Evaluate appraisals, environmental reports, and other supporting documentation as required.
  • Ensure underwriting adheres to regulatory requirements and internal risk guidelines.
  • Portfolio Monitoring and Annual Reviews

  • Complete and coordinate annual credit reviews within established timelines, ensuring accuracy and completeness.
  • Conduct reviews of commercial accounts as required, including margining.
  • Monitor assigned portions of the portfolio for emerging risks, covenant compliance, and performance trends.
  • Assist in identifying accounts requiring enhanced monitoring, including Watchlist candidates, and ensure timely escalation and follow-up.
  • Maintain accurate financial information and member data within internal systems to support reporting and portfolio oversight.
  • Support risk mitigation plans in collaboration with Relationship Managers and senior credit staff.
  • Apply disciplined underwriting principles to support a consistent credit culture across the commercial lending function.
  • Assist in preparing reports and portfolio summaries related to performance metrics, early warning indicators, annual review status, and other key lending data.
  • Elevate credit concerns or early warning signs to appropriate team members to support timely risk mitigation.
  • Support adherence to regulatory requirements and internal credit policies throughout the underwriting and review process.
  • Operational and Administrative Support

  • Assist with follow-up on outstanding financial reporting, documentation, and information required for underwriting or annual reviews.
  • Ensure all loan files and credit documentation are complete, accurate, and audit ready.
  • Work with Commercial Lending Administration to compile portfolio reporting and ensure required information is submitted and tracked appropriately.
  • Support the use of lending tools, reports, and developing technologies that enhance accuracy and efficiency.
  • Qualifications and Experience

  • Post-secondary degree or diploma in Business, Finance, Accounting, or a related field; or equivalent working experience
  • 3 - 4 years of experience in commercial / agricultural lending, credit analysis, or related financial services roles, with a focus on Agricultural lending
  • Strong understanding of commercial credit underwriting, financial analysis, and collateral evaluation
  • Strong analytical skills with the ability to interpret financial statements and identify key risks.
  • Working knowledge of credit policy, lending processes, and regulatory expectations.
  • Proficiency with MS Office, financial analysis tools, loan origination systems, and relevant lending reports.
  • Effective written and verbal communication skills, including preparation of clear and concise credit memos.
  • Strong attention to detail, organizational skills, and the ability to manage multiple priorities.
  • Join Mainstreet Credit Union and be part of a workplace that values diversity, promotes equity, and fosters inclusion. We actively seek diverse perspectives, ensure equal opportunities for all, and cultivate a culture where every individual feels valued. Our commitment to continuous learning ensures an environment where everyone can thrive.

    Mainstreet Credit Union is an equal opportunity employer. We welcome applications from candidates of all backgrounds and experiences. Accommodation is available upon request for candidates taking part in all aspects of the selection process

  • Note : This posting is for an open vacancy. Application compatibility assessed with AI.
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