Commercial Leasing Analyst

Why DUCA?

We’re a vibrant, exciting credit union that lives its "profits with a purpose" philosophy in every financial transaction, product, interest rate, and community initiative we offer. Founded in 1954, DUCA has grown from a single branch credit union in Toronto to 19 branches across Southern Ontario with over 85,000 Members we are proud to serve.

We exist to help People, Businesses and Communities Do More, Be More, and Achieve More™.

DUCA (www.duca.com) is distinguished for the following:

• Positive, un-big bank like service experience delivered through Member-facing staff in branch, on the phone (Member-Connect) and via our Mobile mortgage specialists, Wealth Management advisors and Commercial and Business Banking Account Managers.
• Competitive rates.
• Personalized financial solutions, guidance, and service with the lowest possible fees for both Personal and Business Members.
• Profit sharing among Members.
• Multiple ways to bank—online, mobile app, phone/full-service Member Connect Contact Centre, and, of course, in-branch—DUCA is accessible 24/7
• A community philosophy of “profits with a purpose” culminating in the creation of the DUCA Impact Lab (www.ducaimpactlab.com), a charitable foundation committed to helping the credit challenged and underbanked. This led to DUCA's designation as a B-Corp certified organization, the first ever credit union to receive this global recognition.

A career with DUCA means you’ll find endless opportunities to make a difference with your unique abilities and perspectives. Our people live their purpose while helping others Do more, Be more and Achieve more with their money and their lives. At DUCA, you’ll be part of a vibrant and collaborative team where you’ll be supported to excel and make an impact, no matter what role you play.

Commercial Leasing Analyst

DUCA is looking for a Commercial Leasing Analyst to join our growing team!

Job Purpose & Summary

The Commercial Leasing Analyst is detail-oriented with a strong analytical mindset who contributes to DUCA’ Commercial Leasing profitability and growth. This role supports the business development team by assisting with new member onboarding and managing a diverse portfolio of Commerical Leasing relationships. This position provides day-to-day support to the Commercial Leasing team in evaluating creditworthiness, structuring complex lease transactions, credit application write-up, portfolio management, and business development activities.

This role works closely with the relationship managers and Credit team to ensure a strong adherence to DUCA’s risk management framework. They are expected to contribute to creating a positive, collaborative environment that aligns with DUCA’s values and purpose of helping Members ‘Do more, Be more, and Achieve more’ with their money and their lives.

Key Accountabilities & Duties

• Prepare comprehensive lease credit applications, including financial statement analysis, cash flow modelling, covenant assessment, third party report summaries, and industry research.
• Provide recommendations on structure including mitigation strategies that balance risk and member needs.
• Conduct deep-dive analysis of corporate financial statements, tax returns, cash flow projections to assess the credit risk of potential leases.
• Assist with assessment of new lease applications, design and price lease structures, due diligence, research and credit applications, and make recommendations that adhere to DUCA’s policies and risk guidelines.
• Perform valuation research on various equipment types to set appropriate structures to mitigate collateral risk.
• Utilize financial modeling tools (e.g. T-Value, Spreadsheet, Internal Systems etc.) to calculate various ratios, return and value.
• Liaise with Members, solicitors, appraisers, brokers, and internal partners (credit, operation, internal audit and finance) to support ongoing management of credit facilities.
• Assist in complying with AML requirements prior to funding a lease.
• Monitor the existing lease portfolio for performance, conducting annual reviews and identifying early warning signs of credit deterioration.
• Communicate with Commercial Leasing Members on a day-to-day basis, responding to questions and inquiries regarding products, services and advice.
• Assist with portfolio management duties and other day-to-day duties.
• Analyze industry segments, competitive conditions, and economic trends to assess risks and identify opportunities within the commercial lease portfolio.

Occupational Experience & Education Requirements

• Bachelor’s degree in business/finance/accounting/economics or related field.
• 3+ years’ experience in banking or related field considered an asset.
• 2+ years’ experience with financial statement analysis and modeling.
• Prior commercial equipment financing/leasing experience preferred but not a requirement.

Knowledge, Skills & Attributes

• Strong analytical skills with the ability to interpret financial information, third party reports, legal agreements and assess creditworthiness.
• Mastery of Microsoft Excel (Complex Modeling) and familiarity with lease pricing software.
• Highly proficient with the other Microsoft Office suite of products, including Word, and Outlook.
• Strong attention to detail and commitment to data accuracy.
• Good problem-solving skills and ability to exercise sound judgement to resolve issues.
• Excellent written and verbal communication skills.
• Proven ability to handle multiple competing tasks, ensuring priorities are assessed and managed to meet deadlines and organizational objectives.
• Effective team player and ability to work well within a group setting.

Working Conditions

• Regular office working conditions.
• Occasional travel to Member sites or external partners as required.

Department: Commercial Finance

Primary Location: Corporate Office

Employment Status: Full-Time

Hours per Week: 38

Salary: The annual salary range for this position is $64,023 to $80,029. Actual annual base salaries will vary depending on relevant job-related factors such as experience, knowledge, skills, qualifications, and education/training. This position may be eligible for discretionary bonuses.

Number of Existing Vacancies: 1

DUCA is committed to employment equity and encourages applications from all qualified candidates. Recruitment related accommodations will be provided upon request.

Our hiring process includes AI screening for keywords and minimum qualifications. Talent Acquisition Partners review all results.

Qualified applicants are encouraged to submit their application. Applications must include a resume.

We thank all applicants but only those considered for an interview will be contacted.