Credit Union Careers 

Are you ready for a new career journey at Nova Scotia’s largest credit union? Join our dedicated team at East Coast Credit Union, where commitment to community, member satisfaction, and financial excellence are the foundation of everything we do.

East Coast Credit Union is a community-driven financial institution committed to a better banking model. A credit union is like a bank in many ways, but with cooperative ownership and special focus on people, not profits. We redefine the definition of local and bring Nova Scotians from many regions together with honest lending, savings, and investment products. Be part of an organization committed to fostering growth and empowering individuals on our team and in our East Coast community.

East Coast Credit Union is seeking a Full-time Credit Analyst, Business Services to join our team. Reporting to the Manager, Business Services, the Credit Analyst, Business Services plays a key role in supporting the Business Services team with entering financial data, conducting thorough credit, risk, financial and security analysis of credit requests, and compiling essential information for credit applications. The incumbent assists the team with various administrative tasks and initiatives while ensuring superior service to our business members.

You would…

• Support the Business Account Managers in the analysis, origination, and monitoring of business loans, ensuring compliance with East Coast Credit Union lending policies and procedures.  Provide input and feedback on streamlining processes to enhance efficiencies and deliver superior service to our members.
• In collaboration with Business Account Managers, assist in assessing applicants’ credit worthiness by analyzing financial status, credit history, existing account performance, business income earning, and security evaluation to determine feasibility of granting credit or renewing existing products.
• Conduct thorough analysis of collateral valuation, financial statements, projections, cost estimates, as well as environmental and industry factors in support of credit requests, including but not limited to new requests, refinance requests and annual reviews of large loans or lines of credit.
• Collaborate with Business Account Managers to complete annual reviews and risk management objectives for the Commercial Portfolio.
• Update debt balances and credit details for member and related borrower(s) and adjust security valuations as needed.
• Obtain miscellaneous reports such as credit bureau reports, property online reports, and PPSA reports and comment on your observations where appropriate.
• Follow up for insurance confirmation, insurance renewals and property tax confirmations.
• Prepare and submit various reports as needed including monthly Margining Reports.
• Support community initiatives through volunteering and attending events and activities on behalf of the Credit Union.

You have…

• Successfully completed a Bachelor’s Degree with an emphasis in Finance, Accounting, Business Administration, or related field.
• A minimum of three years of experience preferably in business/commercial banking in a financial institution; or an equivalent combination of training and experience.
• Experience working with Financial Statements and analysis along with credit assessment with a willingness to continuously learn and develop knowledge.
• A solid understanding of financial statements, cash flow analysis, rental evaluation, and other pertinent financial information.

You are…

• Self-motivated with a strong work ethic.
• Accurate and have a high attention to detail.
• Highly organized and exceptional at time management.

We offer…

• Outstanding culture and opportunity to join an engaged and community-focused team.
• Competitive compensation ($56,328 – $66,268 annually) to commensurate with education and experience and benefits with performance-based incentives.
• Potential for flexible work arrangements including Flex Time, Telework and compressed work week.
• Generous benefit package including a Flexible Health and Dental Plan (paid 100% by employer) and up to 9% contribution with employer match in the Defined Contribution Pension Plan.
• Tuition reimbursement, training, and personal development.
• Additional employee perks include but not limited to annual wellness credit; reduced rates on employee loans/mortgages and paid volunteer time.

Applications will be accepted until: June 14, 2024

Please note that all offers of employment are conditional upon the acceptance of an Individual Fidelity Bond Application which includes a criminal check and a credit check.

Don’t meet every single requirement? At East Coast Credit Union, we believe everyone has potential. If you are excited about this career opportunity and your experience may not perfectly align with every qualification in this job posting, we still encourage you to apply. You may be just the right candidate for this role or other opportunities we may have.

We wish to thank applicants in advance; only candidates selected for an interview will be contacted.

Careers – About Us | East Coast Credit Union (eastcoastcu.ca)

At East Coast Credit Union, we are passionate about creating a diverse, equitable, and inclusive workplace and believe a diversity of perspectives, experiences and backgrounds benefit our employees, our members, and our communities.

East Coast Credit Union is committed to providing access, equal opportunity, and accommodation for individuals with disabilities. To request accommodation, please contact Human Resources by email at careers@creditu.ca or by phone at 902.464.7124