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Join to apply for the Commercial Analyst role at Valley First, a division of First West Credit Union 1 week ago Be among the first 25 applicants We are currently seeking a Commercial Analyst to join our team. The Commercial Analyst is a trainee role for future commercial sales/lending roles and incumbents in this role do not have an option to remain in this role long term. An incumbent will spend approximately two (2) years in this role and once required skill and experience level is achieved will move into an available commercial sales/lending role. Responsibilities include providing administrative and analytical support to the commercial sales team; performing a variety of tasks that support the underwriting process for new credit applications; conducting annual reviews on commercial accounts, analyzing financial statements, and completing analysis of industry and market data, as required. The incumbent will deal directly with commercial members once a sufficient level of skill and experience are achieved. Typical Day Financial Analysis: Completes analysis of financial statements and identifies any potential issues or concerns. Researches industry reports and analyzes market data related to specific credit applications, as required. Loan Review/Security: Reviews offer of credits and loan security generated from the application tool to ensure information is complete and accurate; reviews delinquency reports and connects with TBD and/or credit services to work on resolution. Loans Origination Process: Completes required paperwork for new credit applications, ensuring all supporting documentation is in place and forwards to commercial expert for review and/or approval; ensures required information from financial statements is entered into loans origination system; completes letter of credit requests in loans origination system; and completes progress draw worksheets for construction loans and monitors loan disbursement requests. Risk Management: Completes annual reviews on commercial accounts and ensures all terms and conditions are satisfied including visiting business premises when required. Sales and Service: Reviews files to identify crossselling opportunities and forwards to appropriate commercial banking advisors; addresses member/client complaints or concerns to the mutual satisfaction of all. Establishes and maintains relationships within the branch network and the business community and follows up on incoming referrals. Promotes the organizations image within the community through participation in community initiatives and events. Reinforces relationship management and FW sales culture through support of inbranch and companywide campaigns and recognizing employee referrals. Required Skills, Experience & Qualifications College, Trade or Tech School Diploma (2 years) in related field required Bachelors Degree in related discipline preferred 2 years sales and financial analysis experience or equivalent required Previous knowledge of lending policies, procedures, products, and services preferred Working knowledge of relevant legislation and statutory requirements influencing the granting and collection of commercial credit preferred Proven knowledge and skills in financial statement analysis and credit risk management Proven ability to manage change and identify and act upon continuous improvement opportunities Strong work ethic and demonstrated resourcefulness in execution of daily activities Advanced knowledge in Microsoft Office Applications, specifically MS Excel and Word Displays an understanding of risk and risk ownership by being able to demonstrate adherence to policies and procedures. About Us First, we strive to make our team members feel genuinely rewarded. Youll have: Mental health coverage and resources Customizable health benefits, as well as toppedup parental leave Performancebased compensation, employee banking advantages and group RRSP matching Vacation time and flexible work arrangements to support your lifestyle We are committed to providing a fair, equitable, and competitive rewards package that reflects the value an individual brings to our organization. The compensation mentioned in this job posting should serve as a guide. The total cash compensation earned may vary based on a variety of factors including bonuses and/or incentives, an individuals skills and experience, and may correlate with performance in the role. We also provide and encourage opportunities for our employees to make a meaningful impact. After all, as a credit union were powered by giving backin big ways and through small gestures. That's why we offer employees paid time off to volunteer, partner with thousands of local charities, build longlasting relationships that help our members get ahead and commit to environmental, social and governance (ESG) practices. By joining our team, youll be able to elevate your potential. Wherever your own purpose leads, were here to support you with awardwinning inhouse training programs, access to LinkedIn Learning, and reimbursement for external courses to help you get ahead. Take the next step in your career as part of our team. Apply for this opportunity! Candidates, please note: if you are being considered for this role, you will be required to complete a background check, such as employment verification, credit check and criminal record check. Diversity, Equity, Inclusion & Belonging At First West Credit Union, we embrace diversity regardless of gender identity or expression, sexual orientation, religion, race, ethnicity, age, diverse ability, and any aspect that makes someone unique. Inclusion is woven through our organization, from our employeeled network groups, hiring practices and education programs that address barriers and continually grow our equitable, diverse and inclusive culture. We encourage people who are from equitydeserving groups to apply for a career with us, including women or nonbinary people, persons with diverse abilities, Black, Indigenous Peoples, People of Colour and members of 2SLGBTQIA+ communities. If an accommodation would help you during the process of applying or interviewing for a career with us, please let us know how we can assist you, whether its preparing materials in an alternate format, booking an accessible meeting room or other arrangement. Your individuality is welcome here. Seniority Level Internship Employment Type Fulltime Job Function Sales and Management Referrals increase your chances of interviewing at Valley First, a division of First West Credit Union by 2 Get notified about new Commercial Analyst jobs in Penticton, British Columbia, Canada. Penticton, British Columbia, Canada 6 days ago Penticton, British Columbia, Canada 1 week ago Were unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI. #J-18808-Ljbffr