Posting Closes: February 21, 2025 @ 4:00 pm (MST)
Employment Status: Full Time (37.5 hours per week)
Compensation: commensurate with education and experience
We are currently looking for a Credit Analyst I, II, or III for our Commercial Banking - Red Deer team at our South Hill location.
Servus Credit Union is Alberta's largest member-owned credit union, known for building strong, resilient communities by helping our members feel good about their money. One of Canada's Best Managed Companies for 20 consecutive years and ranked as one of the top banks in Canada on Forbes World's Best Banks list for two years in a row, we are a team of smart, gutsy and driven individuals.
Your primary goal is to provide our commercial relationship managers with administrative and analytical support so they can focus on reimagining our members' financial fitness.
More specifically, the scope of your responsibilities will include, but are not limited to:
- Reviewing and analyzing financial statements
- Preparing credit investigations, security inspections and searches
- Ensuring all documentation is completed and accurate
- Assisting members with loan and deposit inquiries
- Communicating information accurately to members and team members
- Preparing commercial loan renewals
- Preparing credit facility letters for review; assist in resolution of outstanding security/account deficiencies.
- Understand the corporate structure of members (Op-co, Holdco, multiple owners etc.).
- Understand the basics of financial statements, different types and what each statement means.
- Completing ratio analysis and understanding what each ratio means
- Initiate Annual Review process
- Ensuring a high level of member satisfaction by assisting with inquiries, following up as necessary, and understanding the members finances to recommend the most valuable products and services
Requirements
To qualify, you will need at least the following:
- minimum 1-2 years of banking experience
- Knowledge of reading financial statements an asset
Education and Training:
- Minimum Grade 12 with combination of education and practical experience
- Available Credit Analyst training/courses to be taken within the first 12 months
Most importantly, we are looking for candidates with analytical skills that pride themselves on attention to detail and the ability to multi-task. If you are an organized and detailed-orientated individual looking for a long-term career growth, then we encourage you to apply!
Benefits
Working for Servus has outstanding benefits. In addition to standard benefits like health and wellness, vacation and retirement savings programs, we also provide other important benefits such as:
- Training & Development Opportunities
- Career Advancement Potential
- Flexible work options
- Competitive Compensation including performance-based incentive pay
- Meaningful work towards individual and corporate goals
- Opportunities to get involved and give back through an employee volunteer program
For information about these benefits and more, click here.
At Servus, our employees are also members. This means you'll have all the benefits of being a member of the credit union including profit sharing, voting for the board of directors, and all of the services we provide … with a few additional perks!
What happens next?
Only those applicants selected for an interview will be contacted. Should you require any accommodations during the hiring process, please advise us at that time.
Discover a sense of belonging amongst a team of unique, authentic individuals working together to reimagine financial fitness. We value and celebrate the richness that diverse backgrounds and experiences bring to our community. Your skills, passion, and curiosity may find a sense of belonging at Servus, so even if you don't check every box we encourage you to apply!
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