Commercial Analyst

Meridian Credit Union is a financial institution focused on creating opportunities for its members and communities. The Commercial Analyst will support Relationship Managers in growing the commercial book, managing loan risks, and providing customized solutions for business members.

Responsibilities

• Supporting our Relationship Managers, Commercial Services through analysis of financial and account operating data and recommending appropriate courses of action for credit related matters
• Understanding member needs after discussions with the Relationship Manager and being capable of independently writing a lending proposal detaining both the financial and non-financial parameters important to decision making
• Managing many of the routine account operating issues encountered by our commercial members, anticipating/recognizing members’ needs, and proactively making product and service recommendations
• Liaising with other Meridian staff and outside product/service suppliers to meet the needs of our members
• Establishing personal goals and action plans to support the Business Banking Centre and Retail branch business objectives, with some community involvement required
• Demonstrating an ongoing willingness to assume higher degrees of accountability and responsibility, leading to assumption of a position as a Relationship Manager, Commercial Services
• Actively monitors and manages the profitability of Meridian’s relationship with a member in order to retain and maintain business
• Keeps abreast of changes within diverse industry sectors and proactively identifies opportunities to improve the growth and development of the assigned portfolio by analyzing member needs, trends, and competitor offerings

Skills

• Post-secondary education or related job training, with detailed knowledge of financial accounting and lending principles (Bachelor of Commerce, Business, Finance & Accounting, or other similar degrees would be an asset)
• Good working knowledge of banking system and business account operating procedures at Meridian
• Excellent communication/presentation, interpersonal and teamwork skills
• Ability to work independently with confidence and strong commitment to member service
• Willingness to work flexible hours, and train both on/off the job to improve general business and lending skills
• Strong personal commitment to professional development
• Demonstrates a high capacity for increasingly complex workloads
• Demonstrates organizational values through leadership and personal behaviors
• Experience with low/no code tools like the Microsoft Power Platform and generative AI productivity tools like Microsoft Copilot is considered an asset

Benefits

• Compensation for this role is based on a combination of skills, experience, and internal equity.
• Your recruiter will share more information about our total rewards package during the hiring process.
• Hybrid work arrangements with in-person office time to collaborate, innovate and build relationships with your colleagues
• We have an inclusive and collaborative working environment that encourages creativity, curiosity, and celebrates success!
• We provide you with the tools and technology needed to delight your candidates and clients!
• You'll get to work with and learn from diverse industry leaders, who have hailed from top organizations around the world

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