Senior Commercial Analyst
Share
Job Location:
Monthly Salary:
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Support all aspects of commercial delivery including credit analysis & underwriting annual reviews business membership onboarding & account maintenance document preparation deposit initiatives and our continuous efforts to improve and enhance PenFinancials commercial offering. The Senior Commercial Analyst will also be responsible for ownership of a small portfolio of commercial members.
Differentiating Accountabilities:
Credit Underwriting:
- Collect and analyze pertinent information relating to finance requests including but not limited to financial statements appraisals contracts budgets etc.
- Write simple and increasingly complex commercial credit applications with Account Manager assistance as required while ensuring they conform to PenFinancials policies & procedures and that any risks are adequately identified and mitigated.
- Ensure underwriting standards are maintained including detailed and timely financial analysis; review of all security pledged including annual site visits and appraisal critiques; industry analysis; and appropriate assessment of management.
Annual Credit Reviews:
- Manage all aspects of the credit review process including the collection of annual reporting requirements completing Annual Review applications and tracking expiries & deficiencies.
- Prepare & send any correspondence as may be required as a result of the annual review process.
Department Operations:
- Preparation of selected reports for management and the Board of Directors
- Tracks and reports several important factors including account expiries account maturities insurance policies irregularities CEBA loans etc.
- Perform other assigned responsibilities.
Account Management:
- Responsibility for ownership of a small portfolio of commercial member relationships.
- Responsible for planning organizing and controlling the development and maintenance of a profitable growing commercial loan and deposit portfolio while minimizing risk.
- Perform other assigned responsibilities.
Qualifications :
- University Degree preferably in a business-related program
- Knowledge of financial accounting is required
- Commercial banking experience is an asset
- Displays exceptional interpersonal skills by demonstrating approachability trustworthiness flexibility and a strong work and service ethic
- Demonstrates results orientation in both sales and service
- Uses technology to enhance productivity
- Committed to continuous personal improvement and continuous learning
Salary Range: $59681 - $74601
Target Salary: $63411
Salary will be determined based on skills experience education and other qualifications relevant to this position
Additional Information :
To learn more visit we welcome all applications only those who are selected for an interview will be contacted.
Accessibility accommodations will be made for job candidates upon request.
Remote Work :
No
Employment Type :
Full-time
Key Skills
- Forecasting
- Hyperion
- Cost Management
- Construction Estimating
- QlikView
- Bus Driving
- Analysis Skills
- HubSpot
- Salesforce
- Market Research
- negotiation
- Financial Planning
About Company
Be a part of something differentWe may offer the same products and services as a big bank, but we couldn’t be more different. We’re rooted in purpose and we’re on a mission to improve lives and strengthen communities. We support nearly 20,000 members and businesses digitally, over th ... View more
