Job Posting Details

Commercial Account Manager, PACE Savings and Credit Union

Location:Vaughan, Ontario
Posting Date:September 27, 2017
Closing Date:until filled
Web Site:www.pacecu.ca
Employment Type:Full-time

Job Function:

The Senior Commercial Loans Officer supports the commercial lending function by developing relationships with business members and serving their business lending needs; assessing member needs and recommending lending products that suit their objectives; structuring and negotiating loans for business members; and making recommendations for approval to V.P. Commercial Credit for further recommendation to the Credit committee. 

Key Responsibility Areas:

A. Commercial Lending Administration

  • Fully conversant with commercial credit policies, procedures, and documentation
  • Fully conversant with the role and duties of the Commercial Credit Administrators and provide coverage if required.
  • Fully conversant in all Loan and security documentation and supports the assigned administrator in delegated transactions for accurate and timely completion.
  • Conducts annual reviews of loans in accordance with credit union policy.
  • Reviews and makes recommendations for loan renewals within assigned portfolio
  • Proactively manages risks by monitoring delinquencies and takes action to minimize risk and loss

B. Commercial Lending

  • Fully conversant with all commercial lending products, security, and underwriting practices.
  • Assesses member needs and recommends lending solutions
  • Coordinates with the existing commercial lenders, structures and negotiates Small to Medium and of standard complexity lending arrangements according to member financial analysis and business plan 
  • Conducts due diligence for new business loans and develop recommendations for approval to V.P. Credit for Further recommendation to credit committee

C. Business Development

  • Builds relationships with new and existing members and provides high quality member service
  • Identifies member needs and cross-sells and refers appropriate credit union product
  • Participates in advisory committees for the purpose of development of  commercial lending programs in order to increase membership and serve member needs

D.  Other

  • Adheres to security procedures as they pertain to the position
  • Actively participates in credit union meetings
  • Participates in community activities that enhance the credit unions image
  • Other duties as assigned.
  • Conducts site visits in accordance with company policy

Qualifications:

Education and experience: 

Post-secondary undergraduate degree in a business or related discipline, and 5 years sales or lending experience,or an equivalent combination of education and experience.  A commitment to learning and development is required.

Core role competencies:

  • Advanced member relationship and business development skills
  • Understanding of commercial and agricultural lending processes, products and services
  • Solid computer, Word, and Excel  skills
  • Advanced communication and interpersonal skills
  • Demonstrated ability to work independently with limited direction
  • Demonstrated ability to multi-task in a fast paced environment and remain highly organized
  • Ability to adhere to professional, regulatory and industry standards
  • Demonstrated ability to work collaboratively and interdependently with other roles to ensure member needs are delivered in a seamless manner

 

*Note: The above information on this job has been designed to indicate the general nature and level of work performed by incumbents. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.