Senior Risk Analyst- Credit Risk

Discover

The Opportunity

League Savings and Mortgage (LSM) Company provides tailored financial solutions designed to meet the unique needs of our customers. Backed by a dedicated team of financial professionals we ensure every solution aligns with our customers personal and business goals. With nearly six decades of experience and a legacy of success League Savings remains a trusted partner-delivering competitive solutions and results that count.

Working with a professional and dedicated team the Senior Risk Analyst acts as the representative for the Credit Risk department with a focus on commercial lending portfolio quality and oversight.

Working closely with the Director Credit Risk the Senior Risk Analyst is responsible for account management and portfolio monitoring loan adjudication and coaching to ensure the commercial portfolio is in compliance with LSMs Commercial Lending Criteria & Procedures and all relevant Executive and Board Policies.

What youll do

Responsibilities

With the flexibility of working from home responsibilities include:

1. Tracking and monitoring the status of:

• Annual reviews for the commercial portfolio

o Involves monitoring of progress setting targets ensuring overdue reviews stay within the acceptable limit; periodic review and update of template documents.

• Mortgage maturities and renewals

o Track pending maturities working with the Commercial Lending Analyst and Administrator to ensure appropriate review and approvals are in place to facilitate timely renewals.

• Delinquency and Watch List Accounts

o Monitor daily and weekly NSF returned payments and delinquencies following up with the Account Manager to ensure timely and effective action plans. Escalate high risk delinquencies to the Director and Senior Risk Manager Credit Risk.

o Attending monthly and quarterly watch list meetings responsible for follow up with Commercial Analysts to ensure timely completion of action items with a focus on minimizing loss.

2. Reviewing and analysing portfolio analytics

• Working closely with Finance and Administration to prepare and analyze the monthly commercial portfolio analysis; assist the Senior Risk Manager and Director Credit Risk with the quarterly Commercial Portfolio Analysis Report.
• Assists with the periodic portfolio level stress testing (refer to the Commercial Lending Portfolio Level Stress Testing Procedures).

3. Attending Credit Committee Meetings to assist with review of credit committee minutes.

• Working closely with the Administrator responsible for drafting the minutes the Senior Risk Analyst will finalize minutes and submit to the Credit Committee Chair/Director Credit Risk for final review.

4. Assisting with monthly and quarterly research and market monitoring relevant to the commercial and retail portfolios and lending industry.

5. Adjudicating new commercial loan applications amendments and annual reviews within delegated lending authority. Recommend to Senior Risk Manager or Director Credit Risk as required based on loan amount and or total connection.

6. Maintaining current and in-depth knowledge of the Commercial Lending Criteria & Procedure Guide.

7. Maintaining and develop template documents to support consistency in underwriting and account management practices

• Working closely with the Senior Risk Manager Credit Risk and the Manager Commercial Lending to build on and maintain templates required for consistent approach to loan origination and prudent account management

What youll need

Qualifications

As the ideal candidate you will have successfully completed a bachelors degree in commerce (Major in Urban Land Economics considered an asset) plus have 4 or more years of related experience; or an equivalent combination of education training and experience.

A professional designation or working toward one considered an asset (e.g. FRM CRM CPA CFA or CAMS). Strong communication skills (oral written presentation)

Demonstrated knowledge and experience with all aspects of credit including; commercial real estate loans - term and construction financing operating loans corporate loans commercial leases and residential mortgages and retail credit.

Demonstrated comprehensive understanding of enterprise-wide strategic credit policy development.

Were looking for

Core Skills

CommerceCredit RiskConstruction financingTerm financing

A little bit about us

League Savings and Mortgage

About LSM

League Savings & Mortgage (LSM) is a credit unionowned financial institution serving Atlantic Canada. Since 1966 we have partnered with credit unions to deliver a broad range of competitive financial products and services that support their growth and success.

At LSM we provide tailored financial solutions designed to meet the unique needs of both individuals and businesses. Our experienced team of professionals is committed to understanding our customers goals and delivering solutions that align with their financial objectives. With nearly six decades of proven performance we have built a strong reputation as a trusted partnerfocused on delivering results that matter.

We are proud to be a Certified B Corporation part of a global movement of using business as a force for good. This means we are committed to making business decisions that benefit our employees credit unions and the communities they serve.

Curious about what else we do Check out our website or LinkedIn page.

Our Commitment to Inclusion

We are committed to fostering a workplace that values inclusion respect and diversityreflecting the communities we serve. We welcome applications from equity-seeking and traditionally underrepresented groups and encourage all qualified candidates to apply.

All applicants will be considered fairly; however priority will be given to Canadian citizens and permanent residents. If you require accommodation at any stage of the recruitment process please let us knowwere here to support you.

Are you interested

Work With Us

Flexibility and balance working from home.

Working with a dynamic knowledgeable and community-focused team.

Competitive performance-based incentives.

Competitive benefit package including a Flexible Health and Dental Plan.

Group Savings for Retirement Options up to 8% of base earnings with TFSA option. Matching GSRP contribution by the Company.

Generous paid time off including Me Time Vacation Sick Days and Volunteer days.

Tuition reimbursement training and personal development.

Perks such as reduced rates on employee loans/mortgages plus wellness and social committees.

Required Experience:

Senior IC

Employment Type : Full-Time
Experience: years
Vacancy: 1
Yearly Salary Salary: 96203 - 113180