Business Services Administrator

Branch Location: Charlottetown, PE

Join Atlantic Canada's largest credit union, Provincial Credit Union and become part of a team committed to positively impacting our island communities. Provincial Credit Union is honored to be recognized as one of Canada's Top 100 Employers for 2024! This achievement reflects our commitment to maintaining a dynamic and supportive workplace. Our core values of People, Purpose, and Possibility guide our mission of providing sound financial advice, planning, and education to our members. We believe in empowering our employees to deliver and support quality member experiences and fostering engagement within our communities. Join us in making a difference as we lead the way in serving the financial needs of Islanders.

What You'll Do:

• Assist in the day-to-day operations of the Credit Union and provides services to its business owners/members.
• Processing and posting of all loan entries for commercial loan payments, new loan advances, loan payouts, LOC increases, interest rate changes, AFT returns on loans, etc.
• Load new commercial loans on the Horizon banking system from source documents including business loan applications.
• Assist and complete loan reviews, renewals, and new and revised term letters for business loans.
• Prepare Credit Agreements and letters of instruction to lawyers.
  
• Prepare all loan security documentation including: promissory notes, line of credit agreements, General Security Agreements, Letters of Credit, etc.
  
• Complete bank confirmations and credit check inquiries from third parties.
  
• Active in the promotion of business credit card products to members and complete business card applications as required.
  
• Review and action loan and mortgage maturity report and line of credit expiry report.
  
• Receive, process, record and file monthly margin information from businesses; follow up on information not received, initiate first member contact.
• Request financial statements from business service members and follow for statements if not received.
• Open business accounts and collect required documentation including verify signing officers and preparing necessary documents for any ongoing changes to signing officers.
  
• Draft communications to members, clients, lawyers and partners for review and approval by Account Manager.
  

What You Have:

Required Education and Experience

• High School diploma
• Two years financial institution experience, or an equivalent combination of training and experience.
  

Skills and Abilities

• Ability to proactively listen and identify sales opportunities.
• Ability to exercise good judgment in establishing and maintaining working relationships, solve problems, and be able to deliver a high level of accuracy, focus and timeliness.
  
• Proven organizational, planning, and multi-tasking skills.
• Ability to present, sell and service Credit Union products as well as demonstrate a professional manner and poise, and sensitivity in dealing with confidential information and materials.
• Strong written and verbal communication skills are required along with a proficiency in Microsoft Office Applications.
• Ability to follow policies and procedures.
  
• Frequent travel to other branches on PEI may be required.

What we offer:

• Outstanding Culture: Join an engaged and community-focused team that fosters a positive work environment.

• Market Competitive Compensation: Enjoy a competitive salary along with an annual bonus program.
• Generous Benefit Package: We provide a comprehensive benefits package, including a flexible health and dental plan, sick time, and a Defined Contribution Pension Plan and Group Retirement Saving Plan with up to 9% employer contribution.
• Work-Life Balance: Start with three weeks of vacation per year, supplemented by four personal days and two volunteer days.
• Professional Development: Take advantage of tuition reimbursement, training programs, and career progression opportunities.
• Employee Perks: Enjoy additional perks such as an annual fitness and clothing allowance, reduced rates on employee loans and mortgages, and no service fees on banking transactions.
• Salary range for this position: $50,941 - $59,931.

Join our team at Provincial Credit Union and enjoy a rewarding career with competitive compensation, comprehensive benefits, and a supportive work environment that values your growth and well-being.

Please note that all offers of employment are conditional upon the acceptance of an Individual Fidelity Bond Application which includes a criminal check and a credit check.

Closing date is May 2nd, 2024.

Diversity and Inclusion:

Provincial Credit Union invites applications from all qualified individuals. Provincial Credit Union is committed to employment equity and diversity in the workplace, and welcome applicants from diverse backgrounds. Accommodation is available for applicants with disabilities throughout the recruitment process.