Credit Union Lending Analyst-(Hybrid

Central 1 cooperatively empowers credit unions and other financial institutions to deliver banking choice to Canadians. Central 1 provides critical services at scale to enable a thriving credit union system. We do this by collaborating with our clients, developing strategies, products and services to support the financial well-being of their more than 5 million diverse customers in communities across Canada. For more information, visit

• Work-life flexibility
• Hybrid work environment
• Variable annual incentive plan
• Generous annual vacation allotment
• Top-notch flexible benefits plan including family building and gender affirmation
• Retirement Plan, matched contributions at 6%
• Access toa learning platform and educational assistance support
• Access to a virtual wellness platform
• Career development opportunities
• Wellness Flex Fund to support personal interest and activities
• Day off to volunteer in your community andother paid time off options
• Corporate discounts

* subject to employment agreement

As a Credit Union Lending Analyst, you will play a pivotal role in supporting credit union lending by initiating and preparing credit applications, conducting annual credit reviews, maintaining risk ratings for credit union counter parties, and managing the issuance and administration of letters of credit and guarantees. You will analyze financial statements, business plans, and operating environments to assess creditworthiness while monitoring a portfolio of loans, current account activity, and related securities to ensure accurate reporting and risk measurement.

In addition to your core responsibilities, you will provide backup support, enhance departmental efficiency, and contribute to delivering exceptional service to our credit union members, ensuring a seamless and high-quality lending experience.

• Responsible for the issuance and administration of letters of credit, guarantees. Manage renewals and fees. This includes working with relationship managers, credit union clients, beneficiaries and, when required, external stakeholders
• Assist with the preparation of quantitative and qualitative credit reviews and facility applications and renewals consistent with Central 1’s underwriting standards and regulatory requirements
• Support includes obtaining financial statements and all relevant data from the borrowers, analysis, and summarization of all documentation and data required to complete a new or renewal credit application. Output will be written memoranda and loan facility transactions
• Maintaining and enhancing a risk rating framework for credit union counter parties, updating, and improving the risk rating model
• System management: update and maintain tracking and reporting of activity within credit union members’ credit facilities
• Monitor daily unauthorized overdrafts and works with borrowers to ensure that all overdrafts have been cleared
• Monitor performance of accounts to ensure adherence to conditions and covภาษา to bring accounts into compliance where required
• Prepare risk and position reporting to senior management
• Provide input as required, into the maintenance and revision of Central 1’s policies and procedures
• Work with the Manager, Credit Union Lending to improve department efficiency

• Undergraduate degree in commerce, business studies, economics, finance, mathematics, or another quantitative subject
• 3-5 years of experience in commercial underwriting as you will be assessing credit risk, structuring complex loan agreements and evaluating financial health
• Proficiency in MS Office
• Proficiencyous in Excel and writing macros
• Computer modelling skills with the ability to build financial models using spreadsheets and other computer tools
• Synthesize and distill information from several written, verbal, and online sources flag gil
• Well-developed verbal and written communications skills with an emphasis on report writing clearly and logically
• Sensitive to the business needs of Central 1 and be able to cooperate across departments in a professional, collegial, and respectful manner
• Flexibility to responsively meet the business needs of Central 1 and the credit union system, to…