Job Description
Job Description
Are you a student or recent graduate looking for an exciting opportunity to grow your skills in the financial industries sector? FirstOntario Credit Union is excited to welcome students to work at our organization from April to September, 2026.
The Advantages to being a FirstOntario Summer Student :
- Competitive wages and Career development opportunities
- Volunteer opportunities through Blue Wave
- Enhanced mental health benefits through TELUS Health
- Access to our Employee Assistance Program which is designed to improve your mental and physical health and productivity at work, school, and home
Job Overview
The Junior Business Analyst, Commercial Services is responsible for supporting the Commercial Services goals by achieving targets and objectives while providing solid advice on products, and services to Commercial Members. As a key member of team, they support the risk and portfolio management.
Role
Efficiently support the Business Banking Team, Commercial Services in the preparing and presenting high-quality proposals by analyzing and conducting proper due diligence for medium to high complexity loan proposalsDevelop appropriate terms, pricing, conditions and covenants while ensuring thorough credit analysis, due diligence and sound account management practicesPrepare loan packages and, when necessary, negotiate with internal partners on structuring the deal to ensure compliance with policies and proceduresPrepare reports and assist with compliance related tasksPrepare credit analysis / memos including modelling of portfolio performance as well as financial modelling across a variety of asset classesAs directed, gather items required for the administration of commercial filesBe actively involved in adjudicating and reviewing of Commercial lending, risk, and rewardWork with your manager to meet annual review and risk management standards for the Commercial Portfolio including structuring transactionsDiligently complete detailed commercial reviews through the breakdown and analysis of financial statements and recommendations to mitigate any new or changing risksConcentrate on department goals and objectives, and portray a strong positive image to our members and the communityOver deliver on set targets and planned initiatives in the region by identifying new opportunities within the loan management and origination processConsider health & safety as a primary concern to ensure the overall well-being of your team and membersPerform other duties we may need you to doRequired Skills
Have a sound business acumen which you built from the ground up while pursuing a post-secondary diploma or degree in business or related field or an equivalent combination of education and experienceUtilize your understanding and / or experience in Real Estate Development and ConstructionBe well versed in the identification of risk and warning trends on Commercial LoansBe extremely knowledgeable about small business and commercial banking products and servicesInnately detail-oriented, analytical, and have an incredible passion for ensuring the accuracy of numerical data and cost-effective use of company budget dollarsBe well-versed in the world of customer serviceBe extremely comfortable using a computer particularly MS OfficeBe quick to respond to requests for service from all of your membersBe aware of and mitigate enterprise risk factors and ensure compliance with applicable regulations, legislation and FirstOntario policies and proceduresBe willing to work flexible hours to accommodate business need, networking and community involvementOur inclusive work environment welcomes diversity and supports accessibility. If you require accommodation at any time during the recruitment process, please let us know.