Analyst Commercial RE VCIB

Vancity • Toronto, ON

27d • CA$65,000 - CA$80,000 • Hybrid

About The Position

Vancity Community Investment Bank (VCIB) is an Ontario-based subsidiary of Vancouver City Savings Credit Union (Vancity). As Canada’s first values-driven bank, VCIB provides financing solutions to help purpose-driven businesses and organizations create, grow and foster change. At VCIB, we embrace your strengths and your ambitions, so you feel empowered at work. We need talented, passionate professionals who are dedicated to using finance as a force for good and doing what’s right for our clients. As an Analyst, Commercial Real Estate, you’ll be a key player in driving real estate financing, supporting high-impact lending decisions, and helping build valuable client relationships. Working closely with the Sr. Manager, Commercial Real Estate, you’ll complete annual reviews, prepare loan amendment documentation, assist with loan renewals and assist with the collection of client information and loan facility advances. This permanent, full-time role that will enjoy hybrid working arrangements which can be fulfilled primarily from the Vancity Community Investment Bank head office location and your Ontario based home office. This role may require you to work in-office at least once a week.

Requirements

• Bachelor’s degree in business, economics, finance, or a related field.
• 2–3 years of experience in commercial real estate or commercial lending.
• Knowledge of the Ontario commercial real estate market, with experience or a strong interest in social-purpose and sustainable real estate.
• Experience in commercial real estate credit underwriting and/or operations, with demonstrated financial and business analysis skills.
• Strong interpersonal, writing, and communication skills (oral and written).

Nice To Haves

• Business or commercial banking experience is considered an asset.

Responsibilities

• Complete annual reviews accurately and timeously within policy guidelines.
• Assist with portfolio management through the preparation and submission of Loan Communication Documents and Loan Amendment Letters.
• Assist with the preparation of loan renewals applications and Loan Renewal Letters accurately, within lending policy and in a timely manner.
• Support Sr. Manager, Commercial Real Estate in the collection and management of client information requests.
• Support Sr. Manager, Commercial Real Estate in the funding and loan facility advance processes.
• From time to time, support new lending opportunities by preparing credit applications.
• Deliver a high standard of service by responding promptly to work requests and taking initiative.
• Support additional projects as assigned.

Benefits

• Living Wage Employer
• Customizable Benefits
• Generous Vacation: New employees start with 3-4 weeks of vacation per year, with additional days earned over time.
• Extra Stat Holidays: In addition to BC’s 11 statutory holidays, we offer 2 extra days, plus care days for personal or family illness.
• Immediate Health Coverage: Health and dental benefits begin on your hire date, with three levels of coverage to choose from.
• Defined Benefit Pension: Our retirement plan provides a guaranteed income for life, recognizing that retirement looks different for everyone.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level