Business and Commercial Lending Coordinator (20-Month Contract)
Job Summary
Our Story & Purpose:
Were Vancity a member-owned credit union built on the principles of inclusion and social justice. Since 1946 our relentless commitment to these values has helped us challenge the status quo and break down barriers. Weve made bold commitments to become net-zero by 2040 across all mortgages and loans and were actively pursuing strategies in Indigenous banking and financial resilience for our members.
As the largest private sector Living Wage Employer in Canada were proud to be consistently recognized as one of the countrys Top Employers. If youre ready to join our team of 2300 diverse individuals access competitive rewards and benefits and be part of a greater movement - apply today!
Your Role in Supporting Our Members:
As aBusiness and Commercial Lending Coordinator you will support the full lending lifecycle by preparing loan documentation maintaining and funding loans and coordinating with frontline sales teams and external solicitors. Your work ensures loan applications renewals amendments and payouts are completed with accuracy compliance and efficiency. We are looking for someone who is detail-focused collaborative and motivated to provide exceptional operational support to enable strong business member experiences.
This is aFull-time Temporary role based at ourVancity head officeand will report directly to theManager Business and Commercial Banking Admin. While this position provides a hybrid work arrangement you will be expected to be on-site for events and business demands.
How Youll Make an Impact:
- Processing business lending administration transactions including funding loan maintenance payouts and payment postings
- Preparing accurate and timely security documentation for new loans renewals amendments and related letters
- Liaising with internal teams and external solicitors to coordinate documentation registrations and funding
- Preparing and processing Letters of Credit renewals and associated fee transactions
- Setting up new and existing loans accurately including auto-reviews PAP amendments and monitoring application completeness
- Administering and preparing reports for internal and external stakeholders
- Processing loan maturity renewals draw requests and CRM-related updates
- Applying organizational risk compliance standards policies procedures and controls to mitigate risk
What Youll Bring to the Team:
- High School Diploma required; diploma or degree in Business Administration or related field
- 1-2 years of experience in financial services preferably in commercial lending or loan administration
- Comfort working with MS Office applications especially Word and Excel
- Experience using CRM or lending administration systems
- Demonstrated ability to work with a high degree of accuracy and attention to detail
- Strong verbal and written communication skills
Extra Skills That Set You Apart:
- Experience supporting business lending in a credit union environment
- Familiarity with Letters of Credit or Personal Property Registry processes
- Ability to troubleshoot documentation or loan discrepancies proactively
Youll Thrive Here If You Are:
- Detail-oriented You ensure accuracy and consistency in all documentation and loan administration tasks.
- A strong communicator You collaborate effectively with internal partners and external legal professionals.
- A problem solver You take initiative to identify issues and recommend solutions.
- Organized You manage multiple tasks priorities and deadlines with confidence.
- Member-focused You take pride in supporting seamless lending experiences.
We value lived experience so if you are interested in this role we encourage you to apply even if you feel your skills dont perfectly align with those listed.
What Youll Earn:
The salary band for this role is $60400 to $71000 per annum.The base pay offered may vary depending on factors such as relevant qualifications skills previous experience and internal equity. As part of our total rewards package employees may also be eligible for our annual incentive program subject to program eligibility requirements.
Why Youll Love Working Here:
A career at Vancity is more than just a job youre joining a tradition of change-makers who are creating lasting change for our communities. Beyond base pay we offer a comprehensive total rewards package to ensure our employees are empowered to thrive:
- Living Wage Employer: Were the largest private-sector Living Wage Employer in Canada and consistently ranked among Canadas Top Employers.
- Customizable Benefits: Permanent employees receive flexible benefit packages that can be tailored annually to meet evolving needs.
- Generous Vacation: New employees start with 3-4 weeks of vacation per year with additional days earned over time.
- Extra Stat Holidays: In addition to BCs 11 statutory holidays we offer 2 extra days plus care days for personal or family illness.
- Immediate Health Coverage: Health and dental benefits begin on your hire date with three levels of coverage to choose from.
- Defined Benefit Pension: Our retirement plan provides a guaranteed income for life recognizing that retirement looks different for everyone.
Vancity Talent Programs:
Vancity supports an inclusive hiring process for candidates who self-identify as Indigenous Black or Trans. With special permission from the BC Human Rights Commissioner this initiative provides access to career development opportunities prioritized job screening and feedback. Any information you choose to share will be stored securely and used only for recruitment and career development connected to this initiative in line with the BC Personal Information Protection Act (PIPA). For details please see our dedicated Talent Programs job posting.
At Vancity were committed to creating a welcoming and inclusive workplace to help our people and communities thrive and prosper. Diversity in our workforce is integral so that we can truly represent understand and respond to our community needs and deliver on our member experience.
We are also committed to an inclusive barrier-free and accessible recruitment experience for all candidates. If you require any accommodations or support at any stage of the recruitment process (including the application stage) we encourage you to let us know by contacting our Talent Acquisition team at Were here to work with you to ensure your needs are met promptly and effectively. All requests will be handled with the utmost respect and confidentiality so you can participate fully in the process.
Required Experience:
IC
About Company
Vancity is a credit union committed to a clean and fair world. Accounts, credit cards, mortgages, business banking and more.