Commercial Real Estate Analyst

Our Story & Purpose:

We’re Vancity, a member-owned credit union built on the principles of inclusion and social justice. Since 1946, our relentless commitment to these values has helped us challenge the status quo and break down barriers. We’ve made bold commitments to become net-zero by 2040 across all mortgages and loans, and we’re actively pursuing strategies in Indigenous banking and financial resilience for our members.

As the largest private sector Living Wage Employer in Canada, we’re proud to be consistently recognized as one of the country’s Top Employers. If you’re ready to join our team of 2,300 diverse individuals, access competitive rewards and benefits, and be part of a greater movement - apply today!

Your Role in Supporting Our Members:

As the Commercial Real Estate Analyst, you will provide timely, accurate analysis of financial and business information to assess the risk of lending to new and existing Members. You will underwrite high‑quality credit applications, conduct annual reviews, draft letters of interest and renewal letters, prepare monthly construction draw reports, and deliver expert advice that supports strong credit quality, member experience, and Vancity’s commitment to social, environmental, and community impact. You will be a trusted partner to Account Managers, Risk Managers, and Manager, helping ensure informed lending decisions and responsible stewardship of member assets.

This is a Full-time, Permanent role based at the Vancity head office and will report directly to the Manager, Commercial Banking Analysts. While this position provides a hybrid work arrangement, you will be expected to be on‑site for events and business demands.

How You’ll Make an Impact:

• Providing guidance and collaboration with Commercial Real Estate Account Managers to underwrite high‑quality new business credit applications
• Preparing and drafting new business letters of interest, loan amendments, renewal write‑ups, and renewal letters along with the preparation of monthly construction draw requests
• Working with the Manager, Commercial Real Estate and Risk Managers to ensure timely delivery of credit approvals
• Performing annual reviews of existing credit facilities to evaluate performance against covenants
• Monitoring and analyzing Commercial Real Estate accounts, loans, and deposits to mitigate AML/ATF risks
• Reviewing supporting documentation for new and existing accounts to ensure adherence to risk requirements
• Supporting CRE Production Team on additional duties as required

What You’ll Bring to the Team:

• Preference having a degree in Accounting, Finance, Business Administration, or equivalent experience
• Preference of 2–3 years of experience analyzing financial statements and assessing business credit risk
• Demonstrated ability to calculate, interpret, and summarize financial data accurately
• Experience working under pressure with competing deadlines
• Strong organizational and prioritization skills with strong attention to detail
• Excellent written and verbal communication skills
• Ability to work independently while collaborating effectively with a variety of partners

Extra Skills That Set You Apart:

• Preference of having experience in commercial real estate lending
• Knowledge of AML/ATF regulatory requirements
• Familiarity with values‑based, social‑purpose, or mission‑aligned financial analysis

You’ll Thrive Here If You Are:

• A clear communicator – able to explain financial insights and risk considerations in an accessible way.
• Detail‑oriented – attentive to financial nuances while maintaining a clear view of overall business risk.
• Curious and analytical – motivated to explore trends, understand root causes, and continuously improve the quality of your work.
• Adaptable – comfortable shifting between priorities and navigating time‑sensitive deliverables.
• Impact‑driven – committed to supporting lending decisions that strengthen community and member well‑being.

We value lived experience, so if you are interested in this role, we encourage you to apply even if you feel your skills don't perfectly align with those listed.

What You’ll Earn:

The salary range for this role is $69,700 to $82,000 per annum. Base pay offered may vary depending on factors such as relevant qualifications, skills, previous experience, and internal equity. As part of our total rewards package, employees may also be eligible for our annual incentive program, subject to program eligibility requirements.

Why You’ll Love Working Here:

A career at Vancity is more than just a job, you’re joining a tradition of change-makers who are creating lasting change for our communities. Beyond base pay, we offer a comprehensive total rewards package to ensure our employees are empowered to thrive:

• Living Wage Employer: We’re the largest private-sector Living Wage Employer in Canada and consistently ranked among Canada’s Top Employers.
• Customizable Benefits: Permanent employees receive flexible benefit packages that can be tailored annually to meet evolving needs.
• Generous Vacation: New employees start with 3-4 weeks of vacation per year, with additional days earned over time.
• Extra Stat Holidays: In addition to BC’s 11 statutory holidays, we offer 2 extra days, plus care days for personal or family illness.
• Immediate Health Coverage: Health and dental benefits begin on your hire date, with three levels of coverage to choose from.
• Defined Benefit Pension: Our retirement plan provides a guaranteed income for life, recognizing that retirement looks different for everyone.

Vancity Talent Programs:

Vancity supports an inclusive hiring process for candidates who self-identify as Indigenous, Black, or Trans. With special permission from the BC Human Rights Commissioner, this initiative provides access to career development opportunities, prioritized job screening, and feedback. Any information you choose to share will be stored securely and used only for recruitment and career development connected to this initiative, in line with the BC Personal Information Protection Act (PIPA). For details, please see our dedicated Talent Programs job posting.

At Vancity we’re committed to creating a welcoming and inclusive workplace to help our people and communities thrive and prosper. Diversity in our workforce is integral so that we can truly represent, understand and respond to our community needs and deliver on our member experience.

We are also committed to an inclusive, barrier-free and accessible recruitment experience for all candidates. If you require any accommodations or support at any stage of the recruitment process (including the application stage), we encourage you to let us know by contacting our Talent Acquisition team at recruitment@vancity.com. We’re here to work with you to ensure your needs are met promptly and effectively. All requests will be handled with the utmost respect and confidentiality, so you can participate fully in the process.