Commercial Banking - Business Services - Financial Analyst

Jump Recruitment Specialists has partnered with Newfoundland and Labrador Credit Union (NLCU) in their search for a full-time, permanent Business Services - Financial Analyst reporting to their Water Street, St. John's, NL location.

The Business Services Financial Analyst plays a pivotal role in supporting Newfoundland and Labrador Credit Union's (NLCU) Credit Department while also supporting the lending and non-lending needs of our business members. They will act as the primary point of contact for branch administrative questions, prepare reports related to business credit and services, provide coaching for all NLCU business solutions, as well as other duties related to document management and branch support.

The Business Services Financial Analyst also assists the Director, Credit with departmental initiatives and projects as required, which includes maintaining commercial policy, commercial procedures, and business solution processes.

WHO THEY ARE:

NLCU is a full-service financial institution and the largest credit union in the province, with over 20,000 residents relying on them to support their personal and business finances.
Provincially regulated and operating 12 branches in major hubs across Newfoundland and Labrador, they have a team of over 120 professionals who work and live right here, using their intimate knowledge of local economies and financial expertise to help their clients prosper.

DUTIES AND RESPONSIBILITIES:

POLICY AND PROCEDURE ADMINISTRATION

• Assist with the maintaining of Commercial Policy, Commercial Procedures, and business solution processes
• Work with Director Credit to develop new business member solutions

DOCUMENTATION REPORTING AND MANAGEMENT

• Prepare/maintain job aids for lending and non-lending business member solutions
• Update/maintain business lending documentation, including various Lending Transaction Summaries and security documents
• Prepare monthly reports as is needed on business credit and services
• Assist with business delinquency and collections
• Maintain a library of PPSA charges/renewals and renew PPSA charges as they come up for renewal
• Set up an electronic Library of loan documents of existing members including commitment letters and security

BRANCH/DEPARTMENT SUPPORT

• Act as the primary point of contact for branch administrative questions and provide coaching for all NLCU business solutions, including: Small Business Member Direct, Invoicing, Payroll, Opening current accounts, Changes (such as signing officers or name changes) to non-retail accounts, Merchant Services, Credit Card applications
• Complete annual reviews for branch members (except those of the Business Center) once the reporting information is collected by the Branch.
• Assist Director, Credit with departmental initiatives and projects as required.
• Assist branches with micro-lending applications.

LEARNING/DEVELOPMENT

• Participate in all related professional development activity required for the role
• Take responsibility for personal and professional development by availing of NLCU's learning opportunities and completing courses required to maintain professional accreditations.
• In consultation with the Director, Credit, pursue additional CCUA and other professional and personal development courses intended to enhance communication, interpersonal, organizational and credit management skills.
• Participate in industry-related seminars and conferences.

TEAMWORK & COMMUNICATION

• Promote teamwork and cooperation; act as a role model to share knowledge and skills to assist others.
• Maintain a positive, responsive, and respectful relationship with peers.
• Actively participate in regular team meetings and individual coaching sessions.
• Organize and participate in branch and NLCU Charitable Foundation Fundraisers.
• Support other community groups and/or charities
• Ensure that all oral and written communication, including emails is clear, concise, and written in a professional manner.

JOB REQUIREMENTS:

EDUCATION & EXPERIENCE:

• Bachelor's Degree in Business, with an emphasis in Business, Commerce, or related field.
• Minimum of three years of experience in business/commercial banking in a financial institution; or equivalent combination of training and experience.

TECHNOLOGY:

• Strong working knowledge of Microsoft Office (including both Word, Excel, and PowerPoint)
• Experience with various technologies and digital platforms
• Knowledge of Judi.Ai and our standard credit correspondence tools

COMPETENCIES:

• Knowledge of cash management products and services
• Strong interpersonal and communication skills
• Demonstrated ability to establish trust and identify opportunities to expand and deepen working relationships
• Ability to work independently with confidence; prioritize and plan workload to meet deadlines

Come join a talented team! Apply in confidence today!

Rebecca Furey, Recruitment Specialist | [email protected]

Jump Recruitment Specialists | www.jumpcareers.ca

We embrace diversity. Individuals that represent a variety of backgrounds, perspectives, and skills are encouraged to apply. We thank all applicants for their interest, however; only those candidates being considered for an interview will be contacted. Applicants considered for the position will be subject to a background check. This opportunity is only available for candidates legally entitled to work in Canada