Business Lender
Job No:
113064
Location:
Cold Lake, Alberta
- Exciting opportunity to join a passionately member-centric organization!
- Hone your commercial lending skills as you take this next step in your career.
- Enjoy an attractive salary and a wide host of benefits!
About the Organization
At Lakeland Credit Union you are not just a member, you're an owner and as such you get to participate in all the benefits of truly owning your financial institution. In 2018 alone our members shared in $2.6 million in profits and that's the Lakeland Credit Union Difference. We're also a six-time recipient of Alberta's Union of the Year award in the past decade which is recognition of our dedication to the achievement of our collective personal, social, and financial goals.
As an organization, we strive to embody our values of collaboration, proactivity, accountability, excellence, and community in everything that we do. As such our employees and management are also member-owners which helps ensure a focus on our members and our community. We're passionate about giving back which is best seen through our Donation & Sponsorship Program, Volunteer Program, and our Care Wear initiative. In 2018, through our Donation & Sponsorship Program, we've donated over $110,000 within our communities and our staff volunteered over 3900 hours with our Volunteer Program. In addition, since the inception of our Care Wear initiative, our staff have donated weekly to wear jeans on Fridays and so far we've benefitted numerous local organizations with over $95,000.
For more information please visit our website.
About the Opportunity
Lakeland Credit Union currently has an exciting opportunity for an enthusiastic and personable Business Lender to join our team based in Cold Lake, Alberta.
Reporting to the VP Credit, you will manage a designated portfolio of business members with a portfolio size of $40 million and higher. This role will also see you promote, sell, and negotiate business-banking services to current and potential members while proactively developing long-term, profitable relationships with members, service partners, and local markets to optimize business opportunities and referrals.
More specifically your responsibilities will include:
- Interviewing current and potential members in order to gather information, determine business needs, and conduct an analysis of creditworthiness.
- Proactively assessing and anticipating member's needs in order to identify solutions to meet those needs and the member's broader business objectives.
- Providing proactive individualized financial advice and achieving set portfolio targets.
- Working with Relationship Advisors to manage portfolios with a value of $25 million and less with a strong emphasis on business development and member retention by conducting daily decisions, annual reviews, and risk mitigations.
- Working with Credit Analysts to structure and document credit and cash management arrangements with current and prospective members.
- Following up on delinquent accounts and maintaining a systematic collection procedure for early identification of problem accounts allowing you to initiate or recommend appropriate action in order to minimize risk.
- Maintaining up-to-date knowledge of all Lakeland Credit Union business lending products and services, policies, procedures and documentation by regularly reviewing applicable literature.
- Promoting a spirit of teamwork and the Lakeland Credit Unions values of collaboration, proactivity, accountability, excellence, and community between internal members.
In order to qualify for this role, you will need a post-secondary education preferably in a Business related discipline along with at least four years of business lending experience working with a moderately complex portfolio. While a Bachelor's degree is preferred, individuals with a differing mix of education and relevant experience will also be considered. Individuals that have completed a CUIC Accredited Business Lender Program will be at an advantage however it is not required as those without the accreditation will have the opportunity to complete it as part of our onboarding process.
As our ideal candidate for this role, you'll have superior relationship-building skills bolstered by excellent communications skills which you'll use to build up a positive rapport with both your colleagues and our members alike. Your passion for our values and your results-driven nature will enable you to champion our objectives in every aspect of your work.
Your keen attention to detail and time management skills along with your knowledge of lending will ensure your success within this role.
About the Benefits
In return for your hard work and dedication, you will be awarded a competitive salary, along with the following benefits:
- 3 weeks vacation on starting along with options for personal days.
- Extended health and dental benefits.
- Company matched pension program.
- Variable bonus program.
- Free chequing and savings accounts.
- Preferred rates on lending.
- Relocation assistance for the right candidate.
- Huge learning and development opportunities including our ELEMENTS (service and advice) training and coaching program.
- Great opportunities for career progression, we'll work with you to help you realize your professional goals.
- Fun work events such as our annual Christmas and Summer parties.
- Free tickets to community events whenever we're a sponsor.
Don't miss out on this amazing opportunity to join an innovative, team-orientated, dynamic work environment - Apply Today!