Job Posting Details

Commercial Business Account Manager, Prospera Credit Union

Location:Kelowna, British Columbia
Posting Date:October 9, 2018
Closing Date:until filled
Employment Type:Full-time

The Commercial Business Account Manager provides business account services to business, agricultural and organizational members in an assigned region. This position analyzes financial statements, evaluates security, and establishes loan terms and interest rates. Approves business mortgages and loans within assigned lending limits and monitors business loans to ensure adherence to established policies and procedures. Initiates action to improve growth and development of the assigned portfolio, pursues new business opportunities and initiates action on delinquencies to mitigate loss.

Your leadership matters.

Prospera is seeking a talented Commercial Business Account Manager who match the values we live by and who is passionate about developing business relationships through actively partnering in the communities we live and play in. Do you have a talent for growing the entrepreneurial spirit of local business? Do you care deeply about helping our business members secure a better future? Being a Business Account Manager at Prospera is more than a job, it’s a way of being.

What you’ll do:

  • Ultimately you will be accountable for proactively sourcing new business to grow your portfolio and providing excellent high touch service to your existing client base.
  • Develops and administers an assigned business portfolio. This includes opening business accounts and analyzing business credit proposals, financial statements, and appraisal information. Audits information for correctness and evaluates collateral security.
  • Approves business mortgages and loans within assigned lending limits and makes recommendations to the Regional Director, Business Banking for loan applications in excess of limits.
  • Negotiates loan terms and interest rates relative to risk, needs of the borrower and cost of administration ensuring an appropriate return to the Credit Union.
  • Responsible for safeguarding business assets and liabilities by maintaining the quality of the assigned portfolio through annual reviews and ongoing monitoring

What you’ll need:

  • Bachelor’s Degree in Business or Finance, plus 4 to 6 years of progressive business lending experience, or an equivalent combination of education and experience.
  • Excellent knowledge of business lending policies, complex procedures, and documentation requirements
  • Thorough knowledge of statutory guidelines and regulations governing business lending
  • Proven success in business development
  • Knowledge of banking systems and personal computer applications
  • Ability to be mobile. This position is based out of Kelowna Surrey, but the incumbent will be flexible to travel within the Central Okanagan to meet with members.

What’s in it for you?

Career Advancement! We are committed to our employee’s growth and development and we want to see you soar. There are a number of career-pathing options this position leads to, let us be your spring board.

Fun & Camaraderie. We care deeply about our members and our employees and we want the hours you spend with us to be fun, rewarding and sometimes lighthearted. We like to work hard, play hard, have fun and be there for each other.

Show me the money! We also offer a competitive salary, flexible benefits program and a generous defined benefits pension plan.

Community Focused: We care about giving back to the communities we live, work and play in. We provide a paid volunteer day and many community minded activities throughout the year. 

If you are interested, please apply on-line at