Job Posting Details

Commercial Mortgage Officer, Parama Lithuanian Credit Union

Location:Toronto, Ontario
Posting Date:July 27, 2017
Closing Date:until filled
Employment Type:Full-time

Commercial mortgage officer

Parama Credit Union

We are a dynamic community based financial institution with a strong commitment our members.  With over 60 years of history in the Bloor West area of Toronto, Parama offers a full range of modern financial products and services featuring exceptional personalized service, no fee every day banking and highly competitive interest rates.  With over $270million in assets and growing, we are looking to add a highly motivated individual with strong analytical and relationship skills to our highly successful commercial lending team.

The Role

Reporting to the Manager, Lending Services, this position very key to Parama’s ongoing evolution and carries the potential to advance into other senior roles within the organization.  It serves as an excellent opportunity for a sales oriented individual with a flair for financial analysis, multi-tasking and the ability to perform efficiently who is eager to make a real impact in a vibrant, more personal, cooperative financial setting.

Primary Responsibilities

  • Develop and maintain relationships with existing and prospective commercial clients; network with external business organizations and individuals for new business opportunities.

  • Manage a commercial real estate portfolio.  Perform annual reviews of risk and profitability, indentify trends and monitor problem accounts.  Develop risk mitigation strategies and source growth opportunities where appropriate.

  • Perform due diligence and analysis on new credit opportunities.  Structure and negotiate terms and conditions of credit facilities.

  • Identify and pursue opportunities to promote other business services and non-credit products; review current portfolio to ensure clients have proper banking products.

  • Present credit recommendations to appropriate approval authorities.

  • Maintain and manage professional relationships with various business partners including borrowers, legal resources, brokers, and other financial institutions

  • Contribute to other organizational initiatives as appropriate

    Key Competencies/Requirements

  • Excellent written and verbal communications skills

  • Previous experience in commercial banking or equivalent in demonstrating the ability to “hit the ground running”

  • Strong computer skills (i.e. Microsoft Word, Excel & Power Point)

  • University degree in business / commerce

  • Strong analytical and relationship management skills

  • Desire and ability to provide an exceptional experience and service for members, applicants, brokers and syndicate partners

  • Ability to work independently with minimal supervision and handle multiple priorities, ability to identify issues and opportunities and develop solutions

    This position offers the opportunity to grow and take on additional responsibilities based on ability and career goals. We offer a competitive compensation package and a positive work environment. To learn more about us, visit our website at



    Submit your resume along with a covering letter describing your interest in this role, and the skills and attributes that you bring to our team, by August 15th 2017, to